Articles On Lucapa Diamond Co (ASX:LOM)

Tribeca is investing in diamonds.

Lucapa Diamond Company (LOM) receives firm commitments from its institutional investors and Tribeca Investment Partners to raise $12.5 million to expedite major exploration programs in Angola and Australia Approximately 166 million fully p...

For now, all roads for ASX shares still lead back to the Russia-Ukraine war. And today investors hit the risk-off button as the conflict still looks to be well and truly in the escalation phase. The five-day winning streak for ASX microcaps...

Lucapa Diamond Company (LOM) places its shares in a trading halt in regards to an upcoming capital raising The company will remain in the halt until March 8 or when further details regarding the raise are released, whichever occurs first Y...

Lucapa Diamond Company (LOM) receives a $5 million payment from its 40 per cent share of a $14 million Sociedade Mineira Do Lulo (SML) interim dividend The 2021 dividend was declared by SML shareholders in December following a record year...

Following the closure of Rio Tinto’s (ASX:RIO) Argyle diamond mine in 2020, experts say global rough diamond production is unlikely to reach pre-pandemic levels for at least the next five years and could be suppressed for as long as a decad...

Lucapa Diamond (LOM) completes the scoping study for its recently acquired Merlin Diamond project in the Northern Territory of Australia The study set out a production target of 2.1 million carats, with $1.6 billion in projected revenue as...

Lucapa Diamond (LOM) is set to receive a $19 million influx of funds, following a remarkable year of mining The first US$10 million (A$14 million) comes by way of a repayment of Lucapa’s capital loan to partner Sociedade Mineira Do Lulo (S...

Lucapa Diamond Company (LOM) completes the acquisition of the 4.4 million carat Merlin Diamond Project by its fully owned subsidiary Australian Natural Diamonds (AusND) AusND has now settled an $8.5 million total consideration as well as a...

Lucapa Diamond Company (LOM) and its partners pocket $17.9 million following the sale of six diamonds from the Lulo alluvial mine in Angola The parties unearthed four large, top-quality white diamonds and two fancy pink diamonds from the m...

Lucapa Diamond Company (LOM) and its partner uncover new targets at the Brooking Diamond Project in WA’s West Kimberley LOM and Leopold Diamond Company unearthed the three lamproite targets following gravity and electromagnetic surveys Dro...

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 l...

The ASX started the week on a downward note with tech leading the laggards despite one of Australia’s major unicorns joining the bourse and gaining over 30%. SiteMinder (ASX:SDR), a hotel commerce platform, listed on the ASX at $5.06 per sh...

Lucapa Diamond Company (LOM) and its partners have recovered 13 diamonds from its kimberlite bulk sample in Angola Eight of the stones are rare Type lla (2a) diamonds  The sample was processed through the Lulo alluvial plant, with the larg...

Lucapa Diamond Company (LOM) commences a geotechnical drilling program at the Merlin Diamond Project in Northern Territory The program will include around 5800 metres of diamond core drilling at the site, which has been approved by the Nor...

The rough diamond market has shaken off challenges from manufactured diamonds and the pandemic to power to its best conditions for producers since 2012. The turnaround has driven the ASX’s most prominent active diamond miner, Lucapa Diamond...

Wall Street climbs despite rising inflation US stock markets were mainly higher overnight, as investors digested the latest round of inflation data. US CPI rose by 0.4% in September, pushing annual inflation to 5.4%. Rising inflation contin...

Lucapa Diamond Company (LOM) upgrades its full-year attributable guidance The upgrade boosts the company’s EBITDA for 2021 by around 45 per cent to up to $28 million, following the strong performance of its Lulo and Mothae mines LOM expec...

Small caps have edged higher to finish the week in the green, finally breaking their four-week losing streak. The Small Ordinaries index closed up 10.2 points, or 0.32 per cent, to 3,197.5, slightly outperforming the All Ordinaries which ga...

Risk on sentiment returned to the ASX following yesterday’s 1.9 per cent drop. The ASX 200 closed 1.27 per cent higher at 7,020 points while the ASX Emerging Companies Index closed 0.78 per cent higher at 2,101. The rebound was led by tech...

A Western Australian man on Friday faced charges of insider trading of ASX shares that could send him to 10 years’ imprisonment and owe a $495,000 fine. The 50-year-old man’s case was heard in Perth Magistrate’s Court, involving his tradin...

The Lucapa Diamond Co Ltd (ASX: LOM) share price is on the rise this morning. In early morning trade, shares were exchanging hands for 66 cents, up 1.5%. At the time of writings, shares have retreated slightly, trading at 65 cents, down 1....

Gemstone producer Lucapa Diamond Company (ASX:LOM) has recovered a 215-carat diamond from its Mothae kimberlite mine in the southern African ... Read More The post New diamond find for Lucapa validates Lesotho mine expansion appeared first...

Summary Lucapa sold diamond parcel of 4,237 carats, mined from its Lulo alluvial mine in a A$7.7-million sale. The company’s sales for the single month of January 2021 amounted to A$15 million. Lucapa’s share price increased 1.5% foll...

The Lucapa Diamond Co Ltd (ASX: LOM) share price has had a shiny week, up nearly 3% today and more than 25% in the past 5 days of trading. Last week the company discovered the first diamond of over 100 carats at its Lulo alluvial mine in A...

ASX diamonds producer Lucapa Diamond Company (ASX:LOM) has kicked off 2021 with a decent rock. ... Read More The post Lucapa starts 2021 by finding another cache of +100 carat diamonds appeared first on Stockhead.

Lucapa Diamond Company Limited (ASX:LOM) has announced that it has unearthed an exceptional 101 carat white diamond from the Mothae kimberlite diamond mine in Lesotho. The recovery was made in conjunction with the Government of the Kingdom...

A quick wrap of the ASX’s key winners and losers on Wednesday, August 19. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made market-moving announcements during the day. Today 671 stocks rose, 688 declined an...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

A quick wrap of the ASX’s key winners and losers on Thursday, July 23. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made potentially market-moving announcements during the day. Today 798 stocks rose, 500 de...

Diamond exploration and mining can be a tough gig, but very lucrative for those who get it right. You only have to look at the waning diamond production in Western Australia’s Kimberley region or the difficulties faced by Lucapa (ASX:LOM) i...

Despite March being a tough month to raise capital for ASX small caps, the money was still flowing for the gold explorers. In March, ASX small caps raised $72.2m, a steep decline from the $125m raised in February. Even in January, tradition...

Lucapa Diamond Company (LOM) has signed an agreement with leading diamond manufacturing group, Safdico International Safdico is a subsidiary of Graff – one of the world’s finest high-end jewellery brands Under the agreement, Safdico can pu...

Lucapa Diamond Company (LOM) has signed an agreement with leading diamond manufacturing group, Safdico International Safdico is a subsidiary of Graff – one of the world’s finest high-end jewellery brands Under the agreement, Safdico can pu...

Diamond miner Lucapa (LOM) has found its 14th 100 plus carat diamond from its project in Angola Coming in at 117 carat, it’s the first 100 plus find for 2020 This new find was uncovered at the same mining block as Angola’s largest-ever di...

Diamond producer Lucapa (LOM) has updated the market with figures from its record performance in 2019 During the fourth quarter the company produced just over 14,000 carats from its projects in Lesotho and Angola This brought the total fo...

06 Dec 2020 - Lucapa Diamond Company (ASX:LOM) says despite 2019 being a challenging year for diamond producers in respect of sales prices, the year ended with a turnaround in mid-…

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

Diamond miner Lucapa (LOM) has made another $9.3 million in sales from its projects in Angola and Lesotho  The latest sales bring its total for the year to $79 million  Diamond sales from the Lulo project in Angola make up almost 70 of tot...

Lucapa Diamond Company Limited (ASX: LOM) along with its partners have announced the findings from the recent sale of diamonds from the Lulo alluvial mine in Angola as well as the Mothae kimberlite mine in Lesotho. The latest sale was US$6....

Angola-based diamond miner Lucapa Diamond Co Ltd (ASX: LOM) this morning revealed a net profit of US$1.1 million (A$1.6 million) on sales of US$29.4 million for the half year ending June 30, 2019. This is a big improvement on the US$4.3 mi...

Companies engaged in metals and mineral extraction, processing in addition to their trading come under the metals and mining sector. Australia is an energy resource-rich country. Domestic as well as international demand for the energy resou...

Diamond hunter Lucapa (ASX:LOM) is expecting to start making a profit this year after some mammoth sales of the sparkling gems from its African mines. In the first half of 2019, the company recovered 20,504 carats and banked $US29.4m ($41.9...

Jatenergy Limited (ASX: JAT) is an Australia registered company focused on selling Australian goods to consumer markets in China. On 6th June 2019, the company made an announcement about its participation in China’s 618 Shopping Festival. J...