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.

Lucapa takes Lesotho diamond stake Lucapa takes Lesotho diamond stake Lucapa takes Lesotho diamond stake Lucapa takes Lesotho diamond stake 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.