MOTHAE MINE RECOVERS A 126 CARAT DIAMOND
The Ministry of Mining on behalf of the Government of Lesotho (“GoL”), and in collaboration with Lucapa Diamond Company Limited (“Lucapa” or “the Company”) are pleased to announce the recovery of the first largest gem-quality 126 carat diamond from the new Mothae kimberlite mine in Lesotho.
The 126 carat stone is the largest diamond recovered since commercial mining operations commenced in January 2019 and the largest gem-quality diam...ond ever recovered from Mothae. It is the sixth +50 carat diamond recovered since Lucapa commenced its pre-production bulk sampling program at Mothae in 2018.
It comes shortly after Lucapa and its partners recovered a 130 carat gem-quality diamond from the Company’s high-value Lulo alluvial mine in Angola. The displayed 126 gem stone value will be communicated later after going through the boiling stage with an intention to improve its worth in the diamond market.
The Minister of Mining- Honourable Keketso Sello, said the recovery of the 126 carat diamond represented another milestone for Lesotho’s highly-prospective diamond sector.
“Lesotho is very proud of its international reputation as a producer of large and high-quality diamonds and this latest recovery from our newest mine, Mothae, continues to demonstrate our nation’s great potential,” said Minister Sello.
Lucapa Managing Director Stephen Wetherall said the 126 carat diamond was further proof of the large stone and high-value nature of the Mothae kimberlite resource, which is located within 5km of Letseng, the world’s highest US$ per carat kimberlite diamond mine.
“We are delighted to have recovered our first +100 carat stone so early in our commercial mining campaign at Mothae, along with other rare Type IIa and fancy coloured gems, and look forward to unlocking the true value of this mine over the next decade and beyond,” said Mr Wetherall.
In general, in April 2017, the Government of Lesotho awarded mining rights to the Australia based LUCAPA Diamond Company to develop the mine which had been idle since 2015.This company has completed the trial mining and currently at the commercial stage. In this venture LUCAPA holds 70% of shares while the Government of Lesotho has 30% shareholding.
Mothae Mine was acquired by LUCAPA Diamonds at the cost of US$9 million in 2017, and in order to commence their full scale operations, they have invested more than US$20 million for the construction of Phase One of the commercial and the bulk sampling operations.
See MoreMINISTRY OF MINING AGAIN LIVE @ TSENOLO FM.
Ha re imamelleng lenaho la "Re isa Litsebeletso Sechabeng" Live@Tsenolo FM Right Now
...Presenters:
Ps Mining- Mr. Ntahli Matete Commissioner of Mines-Mr. Pheello Tjatja Chief Legal Officer: Ms. Mathealea Lerotholi Public Relations Officer- Malipompo
See MoreSANDSTONE MINING BECOMES THE FIRST MINISTRY`S ACTIVITY IN 2019/20
As the first activity of the year 2019/20, the Minister of Mining – Hon. Keketso Sello compromised his normal routines of cabinet and office work to show some courtesy and support to the Mining Sub Sector that is flooded mostly by indigenous Basotho Investors.
The Hon. Minister paid a special visit to all Sandstone Mining Companies at Lekokoaneng and their neighbouring roadside Artisans on the 4th of April 2019...
Continue ReadingTHE FIRST MINISTRY'S ACTIVITY IN THE NEW FINANCIAL YEAR 2019/20.
On the 4th of April 2019 @ 10:00hrs.
Honourable Minister of Mining visited Lekokoaneng Sand Stone Minining Companies and the Artisan Miners close by the road side.
THE MINISTRY'S WISHES TO THE FOLLOWERS
This is how the "Minerals and Mining Policy 2015" looks like; and if you need a copy, just drop your email on this post and thank me later.
FUMANA MINING KHOTLA COMPANY REGISTRATIOIN FORM LIBAKENG TSE LATENG:
1. LESOTHO AVANI 2. MASERU AVANI 3. ULALA... 4. LANCERS INN 5. TRIBUTE GUEST HOUSE 6. STORM MOUNTAIN DIAMONDS OFFICES 7. MASERU BORDER POST
HO TLOHA MONO, E TLATSE, U KENE BANKENG O LEFE, JOALE O BO SO O LETSETSA LINOMORO TSE HLAHANG FOMONG MONO HORE U TSEBE HO A NKA BOPAKI BA HORE U SO NGOLISITSE.
HOJA MOTHO KAPO MOHOEBI E MONG LE E MONG A HLA A ITLHAHANELA PELE METSI A PTJA RE A SHEBILE.
See MoreREGISTRATION FORMS FOR THE UPCOMING MINING KHOTLA
For those who tried to access the Mining Khotla Registration forms but couldn't make it, please grab it here: Print one, fill it, pay and submit your form together with your prove payment to register.
You better hurry up because the early bird catches the fasted word...days are now numbered.
...I wish you only the best..."Basotho Pele"
See MoreMining Khotla now Back with a Bang, Big and Best organised than ever before. This is for the Lesotho/Basotho Mining Business Community.
Please Basotho ba Batle, let's follow the terms and conditions set in order to participate. But be sure that you are invited! You and you and you!
#Makaota, there we come!#Makaota, there we come!
Count Down to Tomorrow`s Kolo Long Awaited Public Gathering Its on...Its Happening..