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Lucapa Attained Record Diamond Production During 2019

  • January 06, 2020 01:34 PM AEDT
  • Utkarsha Kalra
    Manager, PR and Media Relations Utkarsha Kalra
    5 Posts

    Utkarsha comes with an experience of over 7 years in financial and management reporting in one of the big four consultancy firms. Her expertise lies in developing communication strategies for business development, stakeholder management, conflict man...

Lucapa Diamond Company Limited (ASX: LOM) was able to drive production and operational efficiencies at the Mothae and Lulo mines in Q4 2019 to counter the drop in the demand of global rough diamond, which has influenced prices as well as revenues for diamond producers.

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The result obtained during Q4 contributed to record annual group production of 49,120 carats.

At AEDT 1:11PM, LOM shares are trading at $0.125, down 3.846% from its previous close.

 


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