Established 1835
RESOURCE STOCKS
✕
M&A

Lucara bounces back in March quarter

TSX and Stockholm-listed Lucara Diamond has bounced back from a rocky 2020, as rising demand saw the company swing to a net profit of $3.4 million in the first quarter from a loss of US$4.8 million in Q1 2020.

Oonagh Reidy
Lucara Diamond has bounced back from a rocky 2020 posting a $3.4 million profit in Q1

Lucara Diamond has bounced back from a rocky 2020 posting a $3.4 million profit in Q1

Adjusted EBITDA recovered to $22.2 million versus $8.1 million a year ago, with revenue up 56% year-on-year and 25% quarter-on-quarter in Q1 to $53.1 million, or $579 per carat sold. Lucara also slashed...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now
RELATED ARTICLES
MORE ON THIS TOPIC

FROM OUR PARTNERS

View more
RESOURCE STOCKS

Northern Territory Copper Project Well Positioned

RESOURCE STOCKS

PolarX Strongly Backed by Gold Major

MOST POPULAR

1
PRECIOUS METALS

Police make arrests in Canada's largest gold heist

2
LATIN AMERICA

Rio: Permitting uncertainty hampers investment

3
BASE METALS

Shhh! Copper price rise taboo

4
BASE METALS

BHP keeps nickel future in limbo, posts increase in copper

RESEARCH

lock Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.

editions

Mining Journal Intelligence Global Leadership Report 2023: Social licence

Gain insights into social licence trends and best practices from interviews with 20+ top mining company executives and an industrywide survey.

Content
about
SOLUTIONS
legal

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Media Ltd. All rights reserved. Aspermont Media is a company registered in England and Wales. Company No. 08096447. VAT No. 136738101. Aspermont Media, WeWork, 1 Poultry, London, England, EC2R 8EJ.

Login