{"id":856,"date":"2021-06-02T08:33:15","date_gmt":"2021-06-02T08:33:15","guid":{"rendered":"https:\/\/www.africa-press.net\/lesotho\/?p=856"},"modified":"2021-06-02T08:33:15","modified_gmt":"2021-06-02T08:33:15","slug":"lucapa-reopens-mothae-mine-as-lesotho-brings-14-day-covid-19-lockdown-to-close","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/lesotho\/all-news\/lucapa-reopens-mothae-mine-as-lesotho-brings-14-day-covid-19-lockdown-to-close","title":{"rendered":"Lucapa reopens Mothae mine as Lesotho brings 14-day Covid-19 lockdown to close"},"content":{"rendered":"<p>\u201cIt is great to see the Mothae mine operating once again as we prioritise the health and safety of our teams returning to site,\u201d said Stephen Wetherall, MD of Lucara Diamond in an announcement. \u201cWith the diamond market continuing its strong momentum into 2021, we look forward to the remainder of the quarter and completing the expansion project on time,\u201d he added.<\/p>\n<p>Lesotho prime minister Moeketsi Majoro announced the lockdown on January 13 after infections reported by the country\u2019s Covid-19 command centre sky-rocketed from 100 per day to 800.<\/p>\n<p>Lucapa re-opened Mothae in October following a six month long Covid-19 related lockdown. In November, the company raised $10m through a share issue with the proceeds primarily to be directed to the $8.5m expansion of its Mothae.<\/p>\n<p>The diamond market is slowly recovering after seeing the pandemic all but dry up sales last year.<\/p>\n<p>Commenting in the group\u2019s fourth quarter production results on Thursday, Anglo American CEO, Mark Cutifani, said the diamond market signs were encouraging. \u201cAs we begin 2021, we are continuing to see positive demand for rough diamonds, supported by consumer demand for diamond jewellery in the holiday selling season.<\/p>\n<p>\u201cWhile it is still too early to signal a strong and sustained recovery, the resilience in demand in spite of ongoing Covid-19 impacts is still very encouraging,\u201d Cutifani said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cIt is great to see the Mothae mine operating once again as we prioritise the health and safety of our teams returning to site,\u201d said Stephen Wetherall, MD of Lucara Diamond in an announcement. \u201cWith the diamond market continuing its strong momentum into 2021, we look forward to the remainder of the quarter and completing [&hellip;]<\/p>\n","protected":false},"author":87,"featured_media":857,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7,8],"tags":[],"class_list":["post-856","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","category-homepage-english"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - 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