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Lucara Diamond Corporation (TSX: LUC) has continued to deliver sector-leading investment returns with the latest quarterly dividend from the company and its Karowe diamond mine in Botswana keeping it on track to beat last year’s C6c-a-share payout by 66%. It’s already returned 7.5c/share this year on the back of the continuing strong performance of its flagship asset and CEO William Lamb says key operational changes will underpin strong future yields.
Karowe diamond plant. Lucara is commissioning the Mega Diamond Recovery and Sub-Middles XRT circuit plant upgrades
Lamb describes Lucara’s cornerstone mine and resource as a “very unique asset” that has produced most of the world’s mined diamonds larger than 100 carats since it commenced production in 2012.
Expectations raised after strong showings from Anglo and Rio
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