15 Nov 2019
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Lucapa estimates Mothae’s reserves at 1.04-million carats
The estimate provides an average value of $1,063 per carat
By: Diamond World News Service
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Mar 27 2017 8:42AM
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Reference: 15028  

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Lucapa Diamonds estimates that its Mothae kimberlite pipe has estimated a total of 1.04-million carats to a depth of 300 meters, reports say. The mining company has issued a “maiden Joint Ore Reserves Committee-compliant resource estimate for the Mothae kimberlite pipe” in Lesotho. The mine estimate provides an average value of $1,063 per carat, and according to the company this is attributable to the high value Type IIa diamonds at the mine, as per reports.
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