Lucapa Diamond Co. Ltd. (AU:LOM) has released an update.
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Lucapa Diamond Company Limited is set to streamline its portfolio by selling its 70% stake in Mothae Diamond Mine, which is known for producing high-value diamonds and ranks second in dollar per carat worldwide. The move follows a strategic review by the new board and ongoing discussions with the Lesotho Government, their 30% partner in the mine. The company has expressed confidence in the potential market interest for this asset and is currently finalizing a data room for prospective buyers.
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