Lucara Diamond announces that it will be publishing its 2021 Year End Results on Feb 24, 2022 after market close in North America. Please view PDF version The Company will host a conference call and webcast to discuss the results on Friday, February 25, 2022 at 7:00am Pacific, 10:00am Eastern, 3:00pm UK, 4:00pm CET. CONFERENCE CALL: Please call in 10 minutes before the conference call starts and stay on the line [...]
Lucara Diamond is pleased to provide operating guidance for 2022. Please view PDF version 2022 OUTLOOK This section provides management's production and cost estimates for 2022. These are "forward-looking statements" and subject to the cautionary note regarding the risks associated with forward-looking statements. Karowe Mine Full Year 2022 Diamond revenue $185 million to $215 million Diamond sales 300,000 carats to [...]
Lucara Diamond Corp. today reports its results for the third quarter of 2021 ending Sept 30, 2021, with strong financial and operational performance. Q3 2021 HIGHLIGHTS: Revenue of $72.7 million during Q3 2021, a 57% increase over the previous quarter, resulted in an average price per carat sold of $619. Board sanction of the $534 million Karowe underground expansion project extending the mine life out to 2040, following [...]
Lucara Diamond announces that it will be publishing its 2021 Third Quarter Results on Wednesday, November 3, 2021 after market close in North America. The Company will host a conference call and webcast to discuss the results on Thursday, Nov. 4, 2021 at 7:00 a.m. Pacific, 10:00 a.m. Eastern, 2:00 p.m. UK, 3:00 p.m. CET. CONFERENCE CALL: Please call in 10 minutes before the conference call starts and stay on the line [...]
Lucara Diamond Corp. is pleased to announce that the Board of Directors has formally approved the Karowe underground expansion project , following the Financial Close and satisfaction of all Conditions Precedent pursuant to the previously announced senior secured project financing debt package of US$220 million signed July 12, 2021. The Facilities include two tranches: A project finance facility of US$170 million to fund [...]
Lucara Diamond is pleased to provide an update on the Karowe Underground Expansion project. The Karowe UGP is planned to extend the mine life to at least 2040 mining predominately from the highest value EM/PK unit, and is forecasted to contribute approximately $4 billion in additional revenues, using conservative diamond prices, starting in 2026. Management will be providing a presentation on the Karowe UGP update during [...]
Lucara Diamond Corp. today reports its results for the second quarter of 2021 ending June 30, 2021, with strong financial and operational performance. RECENT HIGHLIGHTS: Full project funding for the Karowe underground expansion project following successful completion of debt and equity financings in July: On July 12, 2021, loan documentation was signed in relation to the previously announced senior secured project [...]
Lucara Diamond reports the following in accordance with the Swedish Financial Instruments Trading Act: Please view PDF version. As a result of the equity financing announced on July 15, 2021, as well as a result of the vesting of employee share units, the number of issued and outstanding shares of the Company has increased to 453,034,981 common shares with voting rights as at July 31, 2021. The total number of voting [...]
Lucara Diamond Corp. is pleased to announce the recovery of a 393.5 carat top white Type IIa gem quality diamond from its 100% owned Karowe Diamond Mine located in Botswana . The diamond was recovered from direct milling of ore sourced from the M/PK unit of the South Lobe. During the same production month a 156.2 carat top white gem quality diamond was also recovered from processing of M/PK material. The 393 carat [...]
Lucara Diamond Corp. announces that it will be publishing its 2021 Second Quarter Results on Tuesday, August 10, 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 Wednesday, August 11, 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 [...]
Lucara Diamond Corp. is pleased to announce that it has closed its previously announced bought deal financing as well as the previously announced concurrent private placement for aggregate gross proceeds of approximately C$41.4 million. Please view PDF version. Pursuant to the Offering, a total of 33,810,000 common shares of the Company , including 4,410,000 Common Shares issued pursuant to the over-allotment option [...]
Lucara Diamond Corp. is pleased to announce the recovery of a 62.7 carat fancy pink diamond from its 100% owned Karowe Diamond Mine located in Botswana . The diamond has been given the name "Boitumelo" meaning "Joy" in Setswana. This impressive diamond, measuring 26x17x16mm is described as a high-quality, fancy pink, Type IIa gem and was recovered from direct milling of ore sourced from the EM/PK unit of the South Lobe [...]