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Diamonds.net - Lucapa Sells Mothae Rough for $5.6M


RAPAPORT. Lucapa Diamond Company has sold $5.6 million worth of rough to manufacturer Safdico via a partnership the two companies formed last year.
The Graff subsidiary bought 4,676 carats of diamonds from the Mothae deposit in Lesotho at Lucapa’s first sale of goods from the site this year, the miner reported Monday. The sale achieved an average price of $1,198 per carat, the highest Lucapa has achieved for Mothae run-of-mine goods since commercial production began in the fourth quarter of 2019.
The parcel included a 101-carat, D-color diamond that Lucapa recovered in December the most valuable the company has found at the mine, it said. ....

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