Australian miner Lucapa Diamond, which operates mines in Angola (the Lulo mine) and Lesotho (the Mothae mine), has reported rough sales of $43.9 million in the fourth quarter of 2022 – a 39% increase year-on-year, according to IDEX Online.
While the total number of carats sold “slipped slightly,” the average per carat price rose 49% to $2,707.
Managing director Stephen Wetherall said: “This was another solid quarter operationally. We achieved several new operational records, very positive exploration results, record capital returns from Angola and continued to focus on strengthening our balance sheet in the current financial environment.”
