Lucara Diamond Corp. 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 [...]
Lucara Diamond Corp. today reports its results for the third quarter of 2021 ending September 30, 2021, with strong financial and operational performance. Please view PDF version. 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 [...]
Lucara Diamond Corp. announces that it will be publishing its 2021 Third Quarter Results on Wednesday, November 3, 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 Thursday, November 4, 2021 at 7:00 a.m. Pacific, 10:00 a.m. Eastern, 2:00 p.m. UK, 3:00 [...]
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 [...]
Lucara Diamond Corp. 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 [...]
Lucara Diamond Corp. today reports its results for the second quarter of 2021 ending June 30, 2021, with strong financial and operational performance. View PDF version 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 [...]
Lucara Diamond Corp. 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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
Lucara Diamond Corp. is pleased to announce that it has signed loan documentation in relation to its previously announced senior secured project financing debt package of US$220 million between Lucara Botswana Proprietary Limited as the Borrower and a syndicate of five mandated lead arrangers . The MLAs are: African Export-Import Bank , Africa [...]
