M&A

Lucapa takes Lesotho diamond stake

LUCAPA Diamond Company will acquire a 70% stake in the Mothae kimberlite project in Lesotho for $US9 million, with plans to bring the project into production within 12 months.

Andrew Hobbs
Lucapa takes Lesotho diamond stake

The company won a tender process to buy the stake in project holding company Mothae Diamonds administered by the Lesotho government, which will retain a 30% stake in the company. Covering 46.8sq.km in...

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