BUZZ-Australia's Lucapa Diamond falls as co faces disruption at Angola mine

Reuters

02-03

BUZZ-Australia's Lucapa Diamond falls as co faces disruption at Angola mine

Feb 3 (Reuters) - ** Shares of Lucapa Diamond LOM.AX fall 5.6% to A$0.017

** Stock marks its lowest level since Dec 20, 2024

** The diamond miner and explorer says mining at its Lulo Alluvial Diamond Mine in Angola has been disrupted due to blockade of all entrances to the mine by local community leaders

** Co says blockade could impact the project's Q1 2025 production results, if not resolved soon

** About 3.9 mln shares change hands, 4.3x the 30-day average of 905,379 shares

** Stock down 15% YTD, including the session's moves

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((JasmeenAraIslam.Shaikh@thomsonreuters.com;))

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