What does Lucapa Diamond do?
Lucapa Diamond (ASX:LOM) is a diamond mining and exploration company with operations and projects in Africa and Australia. The company's flagship asset is the Lulo Alluvial Diamond Mine in Angola, which has produced some of the largest and most valuable diamonds in the world, including the 1,175 carat Lulo Rose diamond, the largest and most valuable pink diamond in 300 years. Lucapa also has a number of other projects in Africa, including the Mothae Mine in Lesotho, which has been in commercial production since 2019. Lucapa also acquired the Merlin Project in 2021, which is located about 720 kilometres south-east of Darwin, Australia.