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 [...]
Lucara Diamond Corp. is pleased to announce the release of their 2020 Sustainability Report, the Company's ninth consecutive report. The 2020 Sustainability Report outlines Lucara's work and achievements on best environmental, social and governance practices, including our strong commitment to the health and wellbeing of our workforce and [...]
Lucara Diamond Corp. is pleased to announce today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets under which the underwriters have agreed to buy on bought deal basis 29,400,000 common shares , at a price of C$0.75 per Common Share for gross proceeds of approximately C$22 million . The Company has [...]
Lucara Diamond Corp. is pleased to announce the recovery of a 1,174.76 carat diamond from its 100% owned Karowe Diamond Mine located in Botswana . The diamond, measuring 77x55x33mm, is described as a clivage gem of variable quality with significant domains of high-quality white gem material, and was recovered from direct milling of ore sourced [...]
Lucara Diamond Corp. is pleased to announce the recovery of a 470 carat top light brown clivage diamond from its 100% owned Karowe Diamond Mine located in Botswana . The diamond, measuring 49x42x26mm, was recovered from direct milling of ore sourced from the EM/PK unit of the South Lobe. The 470 carat recovery forms a notable contribution to a [...]
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 Wednesday, June 9, 2021, at 12:00 EST / 5:00pm BST / 6:00 pm CET. Please view PDF version. The Company published its first quarter 2021 results on May 6, 2021 , marking a strong quarter for [...]
Lucara Diamond Corp. held its Annual General Meeting of shareholders in Vancouver today. Shareholders voted as follows on the matters before the meeting: View PDF Version. Board Members Shareholders elected the following 7 board members with shareholders represented at the meeting voting in favour of individual directors as follows: Director Votes [...]
Lucara Diamond Corp. today reports its results for the first quarter of 2021 ending March 31, 2021, with strong financial and operational performance. View PDF version. HIGHLIGHTS: Revenue of $53.1 million or $579 per carat sold in Q1 2021, 56% higher than Q1 2020. This includes diamonds sold through a combination of regular tenders, Clara, and [...]
Lucara Diamond Corp. is pleased to announce that it has received credit approved commitments from a syndicate of five Mandated Lead Arrangers for a senior secured project financing debt package of up to US$220 million to fund the underground expansion at Lucara's 100% owned Karowe Mine in Botswana. Please view PDF version The Facilities will [...]
Lucara Diamond reports the following in accordance with the Swedish Financial Instruments Trading Act: Please view PDF version As a result of the vesting of employee share units, the number of issued and outstanding shares of the Company has increased to 397,125,340 common shares with voting rights as at April 30, 2021. The total number of voting [...]