Lucara Diamond Corp. is pleased to announce that it has entered into a 24-month extension of its definitive supply agreement with HB Antwerp , in respect of all diamonds produced in excess of 10.8 carats in size from its 100% owned Karowe Diamond Mine in Botswana. Large, high value diamonds in excess of 10.8 carats in size account for approximately 70% of Lucara's annual revenues. Though the Karowe mine has remained fully [...]
Lucara Diamond Corp. reports the following in accordance with the Swedish Financial Instruments Trading Act: As a result of the vesting of employee share units, the number of issued and outstanding shares of the Company has increased to 397,025,340 common shares with voting rights as at March 31, 2021. The total number of voting rights in the Company is therefore 397,025,340. This figure may be used by shareholders as the [...]
Lucara Diamond Corp. is pleased to announce the execution of a mandate for a senior secured project financing package of up to US$220 million to fund the underground expansion at Lucara's 100% owned Karowe Mine in Botswana. A syndicate of five international financial institutions, including ING Bank N.V. , Natixis , Société Générale, London Branch, Africa Finance Corporation and Afreximbank will act as the Mandated Lead [...]
Lucara Diamond Corp. today reports its results for the year and quarter ended December 31, 2020. View PDF version. HIGHLIGHTS: Revenue of $42.4 million or $402 per carat sold in Q4 2020. This includes diamonds sold through a combination of regular tenders, Clara, and through HB Antwerp under the supply agreement announced in July 2020. FY2020 total operating cash costs of $27.80 per tonne processed, 13% lower than the [...]
Lucara Diamond Corp. announces that it will be publishing its 2020 Year End Results on Monday, February 22, 2021 after market close in North America. Please view PDF version. The Company will host a conference call and webcast to discuss the results on Tuesday, February 23, 2021 at 7:00 a.m. Pacific, 10:00 a.m. Eastern, 3:00 p.m. UK, 4:00 p.m. CET. CONFERENCE CALL: Please call in 10 minutes before the conference call [...]
Lucara Diamond Corp. is pleased to announce another recovery of significance from its 100% owned Karowe Mine. A magnificent unbroken Type IIa 378 carat gem quality top white diamond was recently recovered from milling of ore sourced from the M/PK unit of the South Lobe. This recovery is the 2nd +300 carat gem quality diamond to be recovered this year from direct milling of the M/PK unit, a further testament to the strong [...]
Lucara Diamond Corp. is pleased to announce the recovery of an unbroken 341 carat top white gem quality diamond from its 100% owned Karowe Diamond Mine in Botswana. The 341 carat diamond was recovered over the holiday period from milling of ore sourced from the south western quadrant of the South Lobe M/PK unit. The recovery of large gem quality diamonds from the M/PK unit of the South Lobe is in line with expectations [...]
Lucara Diamond Corp. and Lucara Botswana Limited are pleased to announce that the application for the renewal of Mining Licence No 2008/6L in respect of its AK06 Mine has been approved by Botswana's Minister of Mineral Resources, Green Technology and Energy Security. The renewal is effective January 4, 2021 for a period of 25 years, securing Lucara's mining rights to 2046 and marks a critical step in the formal sanction [...]
Lucara Diamond Corp. is pleased to announce that Eira Thomas, President and CEO, will be presenting at a Virtual Town Hall meeting for investors, on Monday, November 23, 2020 at 9:00am PST / 5:00pm GMT / 6:00 pm CET. View PDF version. The Company published its third quarter 2020 results on November 10 , and announced another historic recovery of an unbroken 998 carat high white diamond, one the world's largest diamonds [...]
Lucara Diamond Corp. today reports its results for the quarter ended September 30, 2020. View PDF version HIGHLIGHTS: Recognized $41.3 million in revenue during Q3 2020 or $365 per carat. This includes diamonds sold through a combination of regular tenders and Clara as well as 5,633 carats sold through HB Antwerp under the supply agreement announced in July 2020. Operating cash cost of $26.92 per tonne of ore processed [...]
Lucara Diamond Corp. is pleased to announce the recovery of an unbroken 998 carat high white clivage diamond from its 100% owned Karowe Diamond Mine located in Botswana. The diamond, measuring 67x49x45mm, was recovered from direct milling of ore sourced from the EM/PK unit of the South Lobe, and follows a notable series of diamond recoveries during this recent production run, including a number of top quality clivage and [...]
Lucara Diamond Corp. is pleased to announce that it has entered into an agreement with Louis Vuitton, the famous luxury goods House and HB Antwerp , a European diamond manufacturing and technology company, for the purpose of collaborating on the planning, cutting and polishing of the exceptional, 549 carat white gem diamond referred to as "Sethunya" meaning "Flower" in Setswana. Sethunya was recovered unbroken from direct [...]
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