Lucapa Diamond Company Limited notes the announcement by the Lesotho Prime Minister, Right Honourable Majoro, that due to a surge in COVID-19 cases the Lesotho Government has imposed a 14-day nation-wide lockdown commencing midnight Lesotho time tonight.
The Government of the Kingdom of Lesotho, a decision has been taken to temporarily suspend mining operations at the Mothae kimberlite mine, with appropriate care and maintenance, and security measures. Mining and processing operations will be restarted when the lockdown ends.
Lucapa Managing Director, Stephen Wetherall commented, “Our priority is to ensure the health and safety of our valued teams on site. The suspension is expected to be temporary in nature as it is a mine operational health and safety decision, not a market limitation. Lucapa continues to engage with its financiers through this period as the diamond market continues its positive trajectory.”