COMPANIES

Strong cashflow from Lucara

Lucara Diamonds has revealed quarter three revenue of US$90.9 million and an operating margin of 88% year-to-date from revenue of $158.6 million over the nine-month period.

Strong cashflow from Lucara

Net cash was $122.7 million, up from $74 million at the end of June following a much applauded exceptional stone tender in the quarter. Production had returned to design capacity levels at Karowe (Botswana)...

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