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Lucapa Diamond Co. ( (AU:LOM) ) has provided an announcement.
Lucapa Diamond Company Limited reported a significant increase in diamond production and sales for the second quarter of 2025. The company achieved a 104% increase in carats recovered and an 8% rise in revenue year-to-date compared to the previous year. The Lulo Alluvial Resource in Angola saw a 9% increase in inferred alluvial diamond resource to 249,000 carats, marking the seventh consecutive year of resource growth. These developments underscore Lucapa’s strong operational performance and its strategic positioning in the diamond mining industry.
More about Lucapa Diamond Co.
Lucapa Diamond Company Limited is a diamond mining company involved in the exploration and production of diamonds. The company holds a 40% interest in Sociedade Mineira Do Lulo, Lda, focusing on the Lulo alluvial mine in Angola, which is known for its high-grade diamond production.
Average Trading Volume: 622,414
Technical Sentiment Signal: Sell
Current Market Cap: A$6.45M
Find detailed analytics on LOM stock on TipRanks’ Stock Analysis page.