Articles On Lucapa Diamond Co (ASX:LOM)

Lucapa Diamonds (ASX:LOM) has implemented a plan to restart production at the Merlin Diamond Mine in the Northern Territory with phase one occurring over 18 months.  The two-staged approach is based on a small-scale, low-cost development...

Stockhead’s Break it Down brings you today’s leading market news in under 90 seconds. In this episode, host Sarah Hughan details Lucapa Diamond Company’s (ASX:LOM) plans to restart production at the Merlin Diamond mine in the Northern Terri...

Lucapa Diamond Company Ltd (ASX: LOM) is progressing its search for high grade mineralisation in Angola, picking up an additional 23 kimberlite targets for bulk sampling at its Lulo joint venture. The company had already completed a firs...

The ASX200 had a stellar run on Thursday, closing up more than one point ten per cent.  All sectors except healthcare and utilities finished in the green. The financials sector led the pack at close, finishing one and three quarters p...

Lucapa Diamond Company (ASX:LOM) has increased the resource of its Angolan diamond concession Lulo by 48 percent to 228,000 carats, this being the sixth consecutive year of carat increase for the project. The diluted volume of gravel (or...

    Wall Street falls, Nvidia soars BTC nears all-time highs Gold to move even further?   The ASX is poised to start flat on Tuesday, after overnight losses on Wall Street. At 8am AEDT, the ASX 200 index futures contract was pointing up...

Futures predict the ASX200 will trade mostly flat this morning, maybe down just a touch on open. US markets were down a little ahead of the next round of economic data. The Nasdaq dropped 0.4 per cent, the Dow Jones shed a quarter of...

ASX200 futures were trading flat near 8.30am AEDT on Tuesday, down 0.04%. The overnight session in the US saw the S&P500 finish down -0.12% and the NASDAQ down -0.41%. After hitting 15 all time highs YTD, it looks like the US mar...

Momentum trading is often supported by theories from behavioural finance, the branch of science that looks at how psychology plays a part in financial decision-making, and hence market outcomes. Unlike traditional finance theory, which assu...

  Nickel Industries boss Justin Werner pours cold water on hopes for green nickel premium South32 says zinc outlook is bright as it moves on from coal in uncertain battery and base metals environment BDM, LOM, FEX and TER among the small m...

Investors have given a big thumbs-up to the surprise news that Lucapa Diamond (ASX:LOM) has halted the feasibility study for its Merlin project in the Northern Territory. In a statement to the ASX, the company blamed what it called “unfavor...

21 Nov 2023 - Investors have given a big thumbs-up to the surprise news that Lucapa Diamond (ASX:LOM) has halted the feasibility study for its Merlin project in the Northern Territ…

Lucapa Diamond Company (ASX:LOM) and its partners, Endiama and Rosas & Petalas unearth a 235-carat type IIa diamond from its Lulo alluvial mine in Angola The diamond is the second largest recovery from the mine to date and is the 40t...

Welcome to mid-week. ASX futures were down 1pt as at 8:30 am AEDT, implying a flat start. Anything could happen. The S&P 500 finished up 0.28 per cent overnight in the US; the NASDAQ was up 0.90 per cent. In Australia, we get bui...

Lucapa Diamond Company (ASX:LOM) and its Lulo Alluvial Diamond Mine partners, Endiama and Rosas & Petalas sell seven Lulo diamonds for A$24.5 million 534.9 carats sell for an average price of $46,525 per carat, with the auction condu...

Oil prices fell as US crude stockpiles increased significantly by 10.2 million barrels, the largest rise since February, and demand for gasoline remained low, pushing gasoline futures to their lowest level since December 2022. Despite these...

  LBT Innovations (ASX:LBT) announced a $4.5m partially underwritten renounceable Entitlement Offer on a 4 for 1 basis. In response, LBT Chair, Ms Rebecca Wilson said, “Pleasingly we have secured underwriting commitments, including particip...

Stockhead’s Top 10 at shortly-before-11-ish, fuelled by caffeine and rage, because it’s Friday and those are the only two things I have in sufficient quantity to produce any kind of energy today. Top 10 highlights the best (and sometimes wo...

The ASX to snap 5-day winning streak Wall Street tumbles after stronger than expected US inflation Analyst believes 2024 will be a good year for stocks   Aussie shares are poised to drop at the open, snapping their five-day winning streak...

13 Oct 2023 - A snapshot of the stocks on the move, featuring LBT Innovations (ASX:LBT), Selfwealth (ASX:SWF) and Lucapa Diamond Co (ASX:LOM).

Lucapa Diamond Company (ASX:LOM) appoints Nick Selby as CEO and Managing Director Mr Selby has held the Interim CEO role since August 2023 He looks to increase production and operational efficiencies Lucapa’s mining operations and ad...

Aussie shares set to track Wall Street lower at the open CPI report will be the main focus this week What are the common mistakes for stock traders    Australian shares are poised to track Wall Street and open lower this morning. At 8am A...

Sonia Madigan: We’re joining you from the floor at Kalgoorlie’s Diggers & Dealers Mining Forum and I’m with the Interim CEO of Lucapa Diamond Company, Nick Selby. Welcome, Nick. Nick Selby: Hi, nice to meet you. Sonia Ma...

The ASX is set to open lower on Thursday following a modest selloff on Wall Street Franklin Templeton says “don’t sell” Energy stocks on watch as crude oil prices rose almost 1% overnight   Aussie shares are set to open lower on Thursday...

The diamond market was hit hard during COVID but new ASX players are coming to the fore  Lucapa’s Merlin project will be Australia’s next commercial diamond mine when it comes online in the next two to three years    Rio Tinto’s closure o...

Burgundy Diamond Mines to become largest diamond producer on ASX with $209 million deal Will acquire formerly BHP owned Ekati mine in Canada’s Northwest Territories, a global top-10 diamond mine Materials and energy stink as miners ourside...

Lucapa Diamond Company (LOM) recovers a 150-carat Type IIA white diamond from the Lulo alluvial mine in Angola It marks the company’s fifth diamond of over 100 carats from Lulo Mining Block 28 and the 36th +100-carat diamond recovered at...

Lucapa Diamond Company (LOM) and its partners recover 36 diamonds from two Lulo kimberlite bulk samples The parties recovered 23 diamonds from a 365-cubic-metre bulk sample taken from kimberlite L164, which returned a grade of 4.47 carat...

ASX-listed diamond mining and exploration company Lucapa Diamond Company (ASX:LOM) reports it has recovered 41 diamonds weighing 66.05 carats from a kimberlite bulk sample at the Lulo Diamond Project in Angola.  The company reports bulk sam...

Lucapa Diamond Company (LOM) and its project partners unearth 41 diamonds from a bulk sample take from the Lulo kimblerite in Angola Lucapa, together with Endiama and Rosas & Petalas, received results from the processing of a bulk sa...

Highlights The ASX 200 benchmark index closed in the red today (December 8), losing 46.40 points or 0.64% to end at 7,183.00 points. Over the last five days, the index has lost 2.33% and 3.00% over the last 52 weeks. Utilities was the...

Lucapa Diamond Company (LOM) recovers 20 diamonds weighing a combined 15.5 carats from a bulk kimberlite sample taken from its Lulo project in AngolaThis represents Lucapa’s highest diamond count and carat weight recovered from any kimberli...

ASX-listed diamond miner Lucapa Diamond Company (ASX:LOM) reports it has recorded the ‘highest’ diamond recoveries from initial processing of Lulo kimberlite L164 bulk sample through the standalone kimberlite bulk sample plant, located at t...

The ASX is set to fall for a third consecutive day Tech stocks dragged Wall Street down overnight, as talks of a US recession continue to build up Most commodity prices slip on demand concern   Local shares are set to fall for a third con...

Lucapa Diamond Company (LOM) sells seven diamonds from its Lulo mine in Angola for $30.1 million, equating to over $39,000 per caratThe sold diamonds include a 170-carat fancy-coloured diamond dubbed the ‘Lulo Rose’ alongside three white Ty...

Lucapa Diamond Company (LOM) and its partners, Endiama E.P. and Rosas & Petalas, will place seven stones on an international diamond tenderThe companies today announced Sociedade Mineira Do Lulo (SML) will place seven “exceptional” diam...

Lucapa Diamond Company (LOM) and its partners recover another diamond of over 100 carats from the Lulo mine in AngolaMine operations are conducted through Sociedade Mineira Do Lulo, which recovered the latest 113-carat type 11a diamondIt’s...

Lucapa Diamond Company (LOM) recovers yet another 100-plus carat diamond from the Lulo mine in AngolaThe newest diamond boasts 131 carats and is a white Type IIa diamondThis represents the fourth diamond of over 100 carats diamond to be rec...

The ASX is set to open much lower today after another selloff on Wall Street The FOMC has convened for a meeting, with the interest rates decision due on Thursday morning AEST Bitcoin is below US$19k Local shares are set to open lower on...

Lucapa Diamond Company (LOM) recovers a 160-carat white Type IIa diamond from its Lulo alluvial mine in AngolaThe diamond was recovered by Sociedade Mineira Do Lulo, in which Lucapa owns a 40 per cent interest, from the same alluvial mining...

Lucapa Diamond Company (LOM) recovers a “historic” 170-carat pink Type IIa diamond from its Lulo alluvial mine in Angola The company believes the recovered diamond, nicknamed the “Lulo Rose”, is the largest pink diamond recovered in the la...

ASX to open 1% higher on Wednesday Wall Street surges overnight, with Nasdaq rallying by 6% Ahead, RBA governor Philip Lowe will speak The ASX is poised to open more than 1% higher on Wednesday, after a strong rally on Wall Street overnig...

Lucapa Diamond Company (LOM) and its partners identify two additional priority kimberlites at Project Lulo in Angola The company has now unearthed 24 new kimberlites in its latest phase of discovery drilling, bringing the total number to 1...

ASX set to open lower despite a rally on Wall Street overnight US Fed Chair Jerome Powell says soft landing may be very challenging The ASX is set to open 0.40% lower this morning despite a rally on Wall Street overnight. US stocks contin...

Benchmark down 1.6%, small caps 2% Shares dive on surprise size of rate hike  Dateline Resources lifts on 100m intercept   In some miserable pre-rate day trade the small caps index and the ASX200 were down 1.5% and 1% respectively as trad...

Lucapa Diamond Company (LOM) and its partner recover a 204-carat diamond in Lesotho The unique large stone was unearthed by Lucapa and the Government of the Kingdom of Lesotho from the Mothae Mine in Africa The 204-carat white stone is th...

Diamond explorer Lucapa Diamond Company (LOM) acquires proprietary airborne hyperspectral data to assist in identifying and mapping kimberlite targets for follow-up exploration at its Merlin diamond project in the Northern Territory The De...

Lucapa Diamond Company (LOM) completes the construction of the crushing circuit of standalone kimberlite bulk sampling plant in Angola The company said the standalone plant is scheduled for commissioning this quarter After the completion,...

ASX to rise to start Budget week The Treasury will deliver its 2022/23 Federal Budget at 7pm on Tuesday (tomorrow), earlier than normal due to the May election.  JP Morgan expects the forecast Budget deficit to come in at $80 billion. Local...

“Blood diamonds’’ and the need to avoid them on moral and ethical grounds has taken on new meaning with Russia’s invasion of Ukraine. Russia accounts for about 30% of the world’s rough diamond supply – just behind De Beers – from mines in e...