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The Mothae mine is situated in the Maluti mountains of Lesotho Lucapa puts Lesotho diamond mine up for sale
Published: 15 May 24
Australia-listed Lucapa Diamonds on Wednesday announced that it planned to divest of its 70% interest in the Mothae mine, in Lesotho. This follows a review of the asset portfolio by the company’s newly structured board of directors.
Proposed site layout of the Aurora uranium project Aurora charts development pathway for US uranium project
Published: 15 May 24
ASX-listed Aurora Energy Metals has delivered a scoping study that demonstrates a viable pathway to developing its namesake uranium project in the US state of Oregon. Using a spot price base case of $90/lb, the Aurora project demonstrates strong cash flows of A$502-million, a net present value of A$232-million and an internal rate of return of 25%.
Anglo moved into De Beers’ London offices when the lease on its own site expired. De Beers IPO considered amid break-up plans, sources say
Published: 15 May 24
Anglo American is exploring an initial public offering of its diamond business De Beers, two people familiar with the matter told Reuters on Tuesday, with one flagging London as the preferred venue. The potential listing was the default option, the second person said, although the process is at an early stage. Both were speaking on condition of anonymity because the plans are private.
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