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Lucapa Diamond soars on 35-year mining licence for Lulo

Cecilia Jamasmie | November 26, 2014 | 3:42 pm Africa Australia Europe Diamond 

[caption id="attachment_809184" align="aligncenter" width="600"] Kimberlite drilling rig at Lulo.[/caption] Shares of Australia-based Lucapa Diamond (ASX:LOM) skyrocketed Wednesday after the miner announced it had secured a 35-year mining licence over its Lulo concession in Angola. The stock price jumped up 47 cents...

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