The Board, management and key stakeholders in Lucapa have deep global diamond industry experience and networks all through the value chain from exploration to retail. Refer to the review of operations contained in the directors’ report of the Interim Financial Report for the six months ended 30 June 2024 and the subsequent events.
The consolidated interim financial statements for the half year ended 30 June 2024 have been reviewed by the Company’s auditors. Result comes amid softer diamond market, highlighting strong ongoing demand for Lucapa’s premium gems!
Lucapa diamond miner and explorer with assets in Angola and Australia. It has an interest in the Lulo Diamond Mine in Angola which has been in commercial production since 2015. The large, high-value diamonds produced from Lulo attracts the highest prices per carat for alluvial diamonds globally.
Lucapa also has a 39% interest in the Lulo Kimberlite Exploration Joint-Venture, which is exploring for the potential primary source kimberlites at the prolific Lulo concession in Angola. Lucapa registered a growth of 13% in 1H 2024 over the 1H 2023.
Saying for 1H 2024 operational results, including Mothae mine, Lucapa said that they have recovered 27,362 against the diamond recovered of 30,927 in 1H 2023. Total rough diamond sales held at the US$35.6mn in 1H 2024 while it has earned US$46.8 in 1H 2023. Average price per carat earned US$1,213/carat in 1H 2024 while US$1,633/carat was earned in 1H 2023.
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