Saturday, June 28, 2025
21.3 C
London
HomeFinTechLucapa Diamond Company: Recovers 36 diamonds from two Lulo kimberlite bulk samples

Lucapa Diamond Company: Recovers 36 diamonds from two Lulo kimberlite bulk samples

Date:

UK Tribunal Rules Visa and Mastercard Interchange Fees Breach Competition Law

Landmark decision finds payment giants’ multilateral interchange fees unlawful,...

UK Tribunal Rules Visa and Mastercard Fees Violate Competition Law

Landmark Decision Could Reshape Payment Processing LandscapeHighlights: The UK...

Belgium Prosecutors Investigate Worldline Local Unit for Potential Misconduct

An In-Depth Look into the Probe and Its Implications...

Lucapa Diamond Company Recovers 36 diamonds from two Lulo kimberlite bulk samples

  • Lucapa Diamond Company (LOM) and its partners recover 36 diamonds from two Lulo kimberlite bulk samples
  • The parties recovered 23 diamonds from a 365-cubic-metre bulk sample taken from kimberlite L164, which returned a grade of 4.47 carats per 100 cubic metres — the highest ever recovered from a bulk sample at Lulo
  • A further 13 diamonds were recovered from a 902-cubic-metre bulk sample from kimberlite L056, boasting a total weight of 7.85 carats
  • The company says further sampling from the kimberlite has been planned and will be processed once ground conditions allow
  • LucapaDiamond Company shares are down 4.65 per cent to 4.1 cents at 1:22 pm AEDT

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories