Lucapa plans to offload 70% stake in Lesotho diamond mine mining-technology.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mining-technology.com Daily Mail and Mail on Sunday newspapers.
Stuart Brown, who was interim co-CEO of De Beers and led two other diamond miners, has become the independent nonexecutive chairman of Lucapa Diamond Company,
Australia-based Lucapa acquired the Merlin Diamond Project in the Northern Territory, Australia in 2021. The miner is currently progressing the Merlin Feasibility Study and assessing different mining methods for the kimberlite pipes including vertical pit mining (VPM), illustrated in this animation.
Lucapa Diamond Company, already operating mines in Angola (Lulo) and Lesotho (Mothae) has finalized the acquisition of the Northern Territory (Australia) Merlin Diamond Project through its subsidiary Australian Natural Diamonds.