Lucapa Diamond’s Strong Sales Amid Challenges
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Lucapa Diamond’s Strong Sales Amid Challenges

Lucapa Diamond Co. Ltd. (AU:LOM) has released an update.

Lucapa Diamond Company Limited reported robust sales in Q2 2024, with the Lulo mine in Angola generating $17.8 million from diamond sales, even as challenging weather conditions impacted production. Notably, a tender of exceptional stones post-quarter end raised an additional $12.4 million. The company is also progressing with the divestment of the Mothae Mine in Lesotho, which sold 7,950 carats for $4.7 million during the same quarter.

For further insights into AU:LOM stock, check out TipRanks’ Stock Analysis page.

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