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No March quarter surprises for Lucara

The overall performance of Lucara Diamond’s (TSX:LUC) Karowe diamond mine in Botswana during the March quarter was as expected, as was its financial results, although the latter fell year-on-year.

No March quarter surprises for Lucara No March quarter surprises for Lucara No March quarter surprises for Lucara No March quarter surprises for Lucara No March quarter surprises for Lucara

Diamond recoveries from Lucara's Karowe mine in Botswana rose year-on-year in the March quarter

The company reported a net loss of US$7 million, or $0.02 per share, for the March quarter, which compared to a net loss of $1.5 million a year ago.

It attributed the loss to lower reven...