Lucapa Diamond Company (ASX:LOM) has received firm commitments from its institutional investors and Tribeca Investment Partners to raise $12.5 million to expedite its major exploration programs in Angola and Australia.
Lucapa Diamond Company has signed a deal with a new investor that will see it develop a provenance program for its diamonds and take them into the retail jewelry market.The miner raised AUD 12.5 million ($9.1 million) in financing from Sydney- and Singapore-based investment fund Tribeca.
Lucapa Invests in Angola and Australia Diamond Explorations idexonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from idexonline.com Daily Mail and Mail on Sunday newspapers.
Lucapa Diamond Company has upped its total revenue forecast for the Merlin mine over the next 14 years amid the increase in rough prices.The Australian miner reevaluated its outlook based on the strong demand and low supply scenario currently playing out in the market, which has led to a 42%.
Lucapa Diamond Co. continues debt repayment progress miningmx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miningmx.com Daily Mail and Mail on Sunday newspapers.