News Articles for Lucapa Diamond Company

A Dubai mining investment group has set its sights on collapsed Lucapa Diamond Company, owner of the long-dormant diamond mine once operated by Rio Tinto in the Northern Territory.

Subiaco-based Lucapa Diamond Company has been placed in voluntary administration, with KordaMentha appointed to urgently assess the group.

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Stockbroker Gary Castledine has been handed a suspended jail sentence after pleading guilty to allegations of insider trading stemming from a decade-old incident.

Lucapa Diamond Company is paying $8.5 million in cash to acquire a past-producing project in WA, with the purchase to be funded by a planned capital raising.

Perth-based Lucapa Diamond Company has raised funds to expand the processing capacity at its Mothae kimberlite mine in southern Africa by 45 per cent.

Lucapa Diamond Company has announced it has sold US$16.7 million ($22.9 million) worth of diamonds at an Angolan auction.

Politics and the market have collided in terms of oil supply and demand, with speculation the world might be in for an oil shock not seen for decades.

Thred has announced a capital raising by way of a fully-underwritten, non-renounceable pro-rata entitlement offer at an issue price of $0.004 per new share on the basis of one new share for every t

Lucapa Diamond Company is planning to launch a follow-up exploration program at its Brooking diamond discovery in Western Australia's Kimberley region after completing a $16.5 million capital raising.

Subiaco-based Lucapa Diamond Company has secured a $US15 million ($A19 million) debt financing facility for development of its Mothae project in Lesotho, southern Africa.

Subiaco-based Lucapa Diamond Company has sold $9.1 million of alluvial diamonds from its Lulo operation in Angola, bringing its total sales from that site to more than $100 million.

Laconia Resources to acquire Kraaipan gold-nickel-copper-PGM project in Botswana for $100,000 in cash and $900,000 in scrip.

Perth's importance as a national business centre may have faded during recent months, but it's a different matter in the inner suburb of West Perth, where several small mining companies have sprung back to life.

Lucapa Diamond Company has netted another $9.6 million from the sale of 1,349 carats worth of diamonds recovered from its Lulo mine in Angola.

Perth-based Lucapa Diamond Company has sold a recently recovered 404-carat diamond from its Lulo mine in Angola for $22.5 million.

Local exploration firms Impact Minerals, Lucapa Diamond Company, and General Mining Corporation have taken in a combined $8.4 million from successful capital raisings.

Subiaco-based Lucapa Diamonds raised $4 million from a placement of shares to grow cash flows at its Lulo Diamond Project in Angola.

Former executive chairman of the Kimberley Diamond Company, Miles Kennedy, has left the role of managing director at Lucapa Diamond Company as part of a board restructure.

Shares in Perth-based junior Lucapa Diamond Company have surged on news it has signed a 35-year licence to mine alluvial diamonds at the Lulo diamond concession in Angola.

Argentinian-born agricultural tycoon John Kahlbetzer has purchased a 5 per cent stake in Subiaco-based Lucapa Diamond Company.

Perth-based juniors A-Cap Resources and Lucapa Diamond Company have tapped the market for capital as they look to advance their respective projects.

While most media attention seems focused on iron ore and the major operators, there's a number of smaller players offering plenty of potential across a range of minerals. Here's the WA Business News 10 mining stocks to watch.

Miles Kennedy's Lucapa Diamond Company is seeking to raise $5.7 million to expand its exploration programme at its Lulo diamond concession in Angola.