Lucara Diamonds

$28m Emergency Funding as Lucara Sales Dip

Lucara is drawing down up to $28m in emergency funding for its underground mine expansion after reporting a slump in Q1 earnings and lowering its revenue guidance for the full year.

HB Antwerp to Cut Lucara’s 1,094 carat Rough Diamond

The 1,094-carat Seriti diamond recovered last September from Lucara’s Karowe mine, in Botswana, is now in Belgium, where it will be cut by HB Antwerp as part of an ongoing partnership.

Lucara sells two exceptional diamonds for $54m

Diamond miner Lucara Diamond Corp has sold the 549 ct Sethunya and the 1 080 ct Eva Star diamonds, recovered at its Karowe mine, in Botswana, for $54-million.

Lucara releases Q3 results, diamond mine shaft-sinking progress

Lucara Diamond Corp. said the long-term natural diamond price outlook remains resilient due to favourable supply and demand dynamics as a result of decreasing production volumes from major operating mines. “However, the smaller size stones market remains soft as demand is impacted by a weak Asian market and the increasing uptake of laboratory grown diamonds,’’ … Read more

Lucara Sells Digital Sales Platform to ex-CEO

Canadian miner Lucara has sold Clara, its digital sales platform, to former CEO Eira Thomas and a group led by the Vancouver-based HRA Group of Companies.

Lucara recovers sixth diamond larger than 1,000 carats at Karowe mine in Botswana

Lucara Diamond has dug up a 1,094 carat diamond from its Karowe mine in Botswana.

LUCARA RECOVERS EPIC 2,492 CARAT DIAMOND FROM THE KAROWE MINE

Lucara sold 76 387 ct during the second quarter

Diamond producer Lucara Diamond Corp sold 76 387 ct of diamonds, generating $41.3-million in revenue, during the second quarter ended June 30.