News Articles for Lucapa Diamond Company

Dubai investor bids for collapsed diamond play

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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.

Lucapa Diamond in administration

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

Appointments November 22, 2024

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Our weekly appointments wrap includes Matt Macfarlane, Terry Hill, Craig Hatch, Kaylene O'Brien, Alex Kidman, Caitlin Iustini, Richard Goyder and Ellie Coates.

Board Moves September 25 to October 6, 2023

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Our board moves wrap includes Casta Tungaraza, Serge Ngandu, Nicolle Fleming, Mark Ashby, Darren Naylor, Oliver Kreuzer, Mohammad Ali Shah, Lawrence Teo, Nick Selby, Greg Jones, Amy Stefonick, Hugh Warner, Chris Hilbrands, Phil Thick, Matthew Gauci, Matthew Worner, Andrew Muir, and Pip Darvall.

Board Moves July 10, 2023

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Our board moves wrap includes Paul Guilfoyle, Rowan Johnston, Andrew Munckton, Joe Graziano, Stephen Wetherall, Nick Selby, and Peter Johnston.

Castledine sentenced over insider trading claims

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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 raising $17m to fund diamond acquisition

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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.

Lucapa raises $10m for Mothae mine

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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 in $22.9m diamond sale

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

No sugar coating oil shock pain

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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.

Corporate finance deals Apr 9 to 13 2018

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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 raises $16m for exploration

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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.

Lucapa signs $19m facility for diamond project

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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.

Lucapa in $9.1m diamond sale

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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.

Assorted deals Jan 30 to Feb 3 2017

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

From growth to grind, bar gold

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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 sells more diamonds

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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.

Lucapa sells $23m diamond

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

Explorers raise $8m

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

Lucapa Diamond raises $4m

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

New leadership at Lucapa

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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.

Lucapa signs 35-year mining licence

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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.

Kahlbetzer buys into Lucapa

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

A-Cap, Lucapa seek capital

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

Chinese bounce to lift commodity stocks

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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.

Lucapa announces plan to raise $5.7m

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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.