Diamond miner Lucapa has struck an agreement with its major financiers and shareholders Equigold and New Azilian, as well as the external financier for the Mothae project, the Industrial Development Corporation of South Africa, to defer some $13-million in loan repayments from 2020 and 2021, to 2022 and beyond.
MD Stephen Wetherall said on Friday that the amendments agreed by all financiers reflected an understanding of the current pandemic affected environment, and was evidence of the strong support for the company’s operations.