- CEO
- Kenneth Johnson
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- Lauro de Freitas Brazil
- Business
- Lipari Mining Ltd is a Canadian mineral exploration and diamond mining company engaged in the acquisition, exploration, development, and operation of diamondiferous kimberlite properties in South America and Africa. Headquartered in Vancouver, Canada, and founded in 2008, the company operates primarily through its wholly owned Brazilian operating subsidiary, Lipari Mineração Ltda, alongside focused operational units in Angola. Lipari Mining Ltd operates within the basic materials and metals and mining industry segments, supplying commercial-grade rough diamonds to international wholesale diamond merchants, cutting and polishing manufacturers, and luxury jewelry supply chains. The company's core products and operational services comprise the extraction, sorting, and commercial supply of gem-quality and near-gem rough diamonds; the mining and processing of run-of-mine kimberlite ore utilizing comminution, dense media separation, and automated X-ray diamond recovery systems; comprehensive diamond sorting, classification, sizing, and valuation services; diamondiferous kimberlite pipe exploration, geological mapping, and diamond core drilling; microdiamond and macrodiamond bulk sampling and metallurgical testing; mineral resource estimation and NI 43-101 technical reporting; and the development, environmental management, and operation of open-pit and underground mining infrastructure. Its flagship production asset is the Braúna Diamond Mine located in the state of Bahia, Brazil, which represents the first commercial diamond mine developed from a kimberlite deposit in South America, centered on the Braúna 03 pipe. In recent corporate and operational developments, Lipari Mining Ltd completed its public listing on Cboe Canada (formerly the NEO Exchange) under the ticker symbol LML to enhance market liquidity and support international capital generation. Expanding its geographic footprint, the company entered into strategic mineral investment and joint venture agreements with Angola's state-owned diamond enterprise, Endiama, securing exploration and development rights over high-potential kimberlite concessions in Angola's prolific diamond corridors. Additionally, the company advanced engineering studies to support the transition of the Braúna mine from open-pit mining to underground shaft and decline operations to extend productive mine life, completed private equity and debt financing rounds to fund exploration and working capital, and restructured its corporate governance and operational divisions to manage multi-jurisdictional mining assets across the Americas and Africa.