Record production at Lulo and Mothae
Lucapa Diamond Company reports a record monthly diamond production results from both the Lulo and Mothae high-value diamond mines for August 2019. The record monthly production figures for Lulo and Mothae come on the back of the Company’s growth-focused strategy, leading to the scaling up of production at both mines to maximise revenue generation and returns.
Lulo alluvial mine, Angola:
The Lulo mine in Angola is the world’s highest average US$ per carat alluvial project, produced 3,180 carats in August, the highest monthly result since production commenced in 2015. A significant factor contributing to this record was the monthly grade of 13 carats per 100 cubic metres, which is almost twice the planned grade of 6.7 cphm3.
Significantly, these high grades were achieved from two of the flood plain blocks being delineated at Lulo, including new Mining Block 19 situated between the prolific Mining Blocks 8 and 6. These new mining areas have no noticeable prior artisanal activity, and the results give Lucapa and its partners further confidence that the extensive flood plain areas along the ~50km stretch of Cacuilo River still to be explored have the potential to increase diamond resources and mine life.
Mothae kimberlite mine, Lesotho:
Lucapa’s new high-value Mothae 1.1mtpa kimberlite mine in Lesotho, which commenced commercial production in January 2019, produced two records during the month of August. A monthly processing record of 120,736 tonnes treated was achieved, recovering a record 2,911 carats, taking year to date carat production to 17,935 carats.
