Lucapa secures Mothae funding package

LUCAPA Diamond Company has secured a A$19 million funding package from two private equity firms to help fund the acquisition and development of the Mothae kimberlite diamond project in Lesotho.

Lucapa secures Mothae funding package Lucapa secures Mothae funding package Lucapa secures Mothae funding package Lucapa secures Mothae funding package Lucapa secures Mothae funding package

The company signed a deal with the Lesotho government to acquire a 70% stake in the Mothae project for US$9 million in January, aiming to start commissioning the mine in the first quarter of 2018