LOM
Director Trades
| Date | Director | Value |
|---|---|---|
| 28/1/25 | S. Brown | $78,500 |
| 28/1/25 | R. Beevor | $100,000 |
Company News
Lucapa Diamond Company identifies large base metal targets in first geophysical survey at Merlin in 25 years
Lucapa Diamond Company (ASX: LOM) has utilised modern exploration technology to obtain “outstanding” results from the first geophysical survey conducted in 25 years at its Merlin diamond project in the Northern Territory. Lucapa’s preliminary review of the electromagnetic (EM) survey data has identified two large and highly conductive base metal targets, which the company is […]
Amid dazzling returns, is now the time to join the diamond hunt?
The local diamond exploration sector has lost its glitter in recent years, but there’s renewed interest in finding the dazzling stones ancient Greeks thought were splinters of stars that had fallen to earth. Underpinning the activity is a looming shortage of better-quality stones spurred by pandemic-related supply problems and the backlash against “blood” diamonds (those […]
Inaugural tender delivers Lucapa Diamond Company $22.9m payday
An historic tender process has resulted in Lucapa Diamond Company (ASX: LOM) pocketing $22.9 million for the sale of diamonds from its Lulo alluvial mine in Angola. The tender process formed part of Angola’s new diamond marketing policy and delivered an average price of US$33,530 per carat. The sale, undertaken via electronic transfer, encompassed seven […]
Largest known diamond in North America discovered by Rio Tinto joint venture partner
Dominion Diamond Mines has unearthed the largest diamond ever discovered in North America from the Rio Tinto (ASX: RIO) operated Diavik diamond mine, with the gem surpassing a previous record held at the same operation. The yellow Canadamark diamond, which weighs in at 552-carats, was discovered while passing through the initial screening process at Diavik’s […]
Lulo diamond sales bring in a further $14.5m for Lucapa Diamond Company JV
Lucapa Diamond Company (ASX: LOM) and its joint venture partner Empresa Nacional de Diamantes have reportedly generated A$14.5 million-worth of revenue during the latest diamond sale from the Lulo alluvial mine in Angola. During this latest sale, 5,573 carats were sold for an average price of US$1,800 (A$2,590) per carat, bringing gross revenue from Lulo […]
Lucapa Diamond unearths another high carat sparkler in Angola
Diamond miner Lucapa Diamond Company (ASX: LOM) has unearthed a massive 128-carat diamond from its flagship Lulo alluvial mine in Angola, making it the twelfth sparkler measuring over 100ct recovered from the field to date. The stone has been confirmed as a top-colour white Type IIa diamond and was discovered among Specials recovered recently from […]
Lucapa prepares to sell premium-value Angolan Lulo diamonds onto market
Lucapa Diamond Company (ASX: LOM) and its partners are preparing to sell select Lulo premium-value diamonds through Angola’s new marketing channels after the country’s recent diamond sector reforms pave the way for producers to have greater autonomy on selecting their own buyers. Until now, diamond producers in Angola have complained that they are forced to […]
Brooking gives up ‘exceptional’ diamond recovery for Lucapa Diamond Company
Lucapa Diamond Company (ASX: LOM) has been drilling at its 80%-owned Brooking project, near the Ellendale mine in Western Australia, with the latest drill core sample producing 1,100 diamonds. The diamonds were recovered from about 178kg of drill core from the Little Spring Creek prospect and included 18 macro diamonds in excess of 0.5mm, and […]
Lucapa Diamond Company adds another high carat diamond to its growing inventory
Diamond miner Lucapa Diamond Company (ASX: LOM) has delivered another sparkler for its shareholders after announcing the discovery of a 114-carat diamond from the Lulo diamond project in Angola. Lucapa is currently advancing the project alongside project partners Empresa Nacional de Diamantes E.P. and Rosas & Petalas. The 114-carat diamond was recovered from alluvial Mining Block 6 and […]
Lucapa Diamond unearths yet another high carat sparkler in Angola
Emerging diamond miner Lucapa Diamond Company (ASX: LOM) has unearthed yet another high-carat diamond (this time of the pink variety) from its African project portfolio. Lucapa is currently progressing several exploration projects in Angola, Lesotho and Botswana, with an additional project venture in Australia. The company announced that it has recovered a 46-carat pink diamond […]