Lucara Diamond Corp. today reports its results for the year and quarter ended Dec 31, 2021. YEAR END 2021 HIGHLIGHTS: Revenue of $230.1 million increased 84% over the previous year. Average price per carat sold increased to $603/carat, an 80% increase over the previous year. Adjusted EBITDA of $102.5 million increased more than five-fold over the [...]
Lucara Diamond announces that Mr. Lukas Lundin, current Chair and a Director of the Company, has indicated his intention to retire from the Board upon the completion of his term at the Company's upcoming 2022 Annual Meeting of Shareholders. Please view PDF version Eira Thomas, President and CEO, commented, "On behalf of the Board and management [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]