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Lucara finalises funding for Karowe expansion

Lucara finalises funding for Karowe expansion

Karowe expansion now fully financed

Precious stones

13 JULY 2021
Lucara raises C$38M for Karowe working capital

Lucara raises C$38M for Karowe working capital

Proceeds from private placement and bought deal

Capital markets

25 JUNE 2021
Lucara builds momentum with latest find

Lucara builds momentum with latest find

Third 1,000+ carat diamond find since 2015

Precious stones

23 JUNE 2021
Lucara reports strong recoveries in May

Lucara reports strong recoveries in May

BMO forecasting revenue for the year the upper end of guidance, with room for upside

Precious stones

08 JUNE 2021
Lucara bounces back in March quarter

Lucara bounces back in March quarter

Lucara maintains positive outlook for diamond market

M&A

07 MAY 2021
Lucara gets credit approved commitments for Karowe debt package

Lucara gets credit approved commitments for Karowe debt package

$220M debt to help fund underground development

Project finance

06 MAY 2021
Lucara secures project finance for Karowe expansion

Lucara secures project finance for Karowe expansion

$514M Karowe underground expansion closer to reality with debt injection

Project finance

24 MARCH 2021
Lucara limps to loss after rocky year

Lucara limps to loss after rocky year

Diamond prices recovered by year-end, however

Profit & Loss

24 FEBRUARY 2021
Can China save the diamond market?

Can China save the diamond market?

"I wouldn't be surprised if China surpassed the US as the world's top consumer of diamonds"

Precious stones

15 FEBRUARY 2021
US stocks at fresh highs ahead of break

US stocks at fresh highs ahead of break

Market futures up

Capital markets

14 FEBRUARY 2021
Lucara builds on fast start with second major find

Lucara builds on fast start with second major find

Unbroken 378-carat white gem could be worth $15 million.

Precious stones

27 JANUARY 2021
 Lucara makes strong start to 2021 with white gem find

Lucara makes strong start to 2021 with white gem find

Analysts estimate the 341 carat white gem could fetch US$10 million.

Precious stones

15 JANUARY 2021
Lucara secures Karowe licence renewal

Lucara secures Karowe licence renewal

Lucara Diamond has secured its Karowe mining licence until 2046.

Precious stones

07 JANUARY 2021
COVID-19 weekly updates: Resources & METS sector

COVID-19 weekly updates: Resources & METS sector

AngloGold Ashanti suspends its Cerro Vanguardia gold-silver mine in Argentina for 10 days

Covid-19

13 NOVEMBER 2020
COVID-19 weekly update: Resources & METS sector

COVID-19 weekly update: Resources & METS sector

Glencore has reported a loss following impairments due to lower commodity prices.

Covid-19

14 AUGUST 2020
Lucara expects H2 revenue boost

Lucara expects H2 revenue boost

Diamond market disruptor aims to bring producers and jewellers into alignment

Profit & Loss

13 AUGUST 2020
Lucara sees revenue fall 82% in Q2

Lucara sees revenue fall 82% in Q2

Sales of larger stones deferred to third quarter.

Precious stones

11 AUGUST 2020
Lucara announces 'ground-breaking' diamond deal

Lucara announces 'ground-breaking' diamond deal

Miner finds alternate sales path to traditional market

Precious stones

16 JULY 2020
NDC aims to restore crushed diamond sales

NDC aims to restore crushed diamond sales

Diamond Producers Association morphs into Natural Diamond Council as synthetic threat grows

Precious stones

01 JUNE 2020
COVID-19 weekly update

COVID-19 weekly update

What impact is COVID-19 having on mining and METS?

Covid-19

03 APRIL 2020
Lucara recovers 549ct diamond

Lucara recovers 549ct diamond

Recovery area an 'economic driver' for underground plans

Precious stones

06 FEBRUARY 2020
Lucara sees diamond price rise in Dec tender

Lucara sees diamond price rise in Dec tender

Latest sales tender achieved an average price of US$548 per carat - 40% higher than than Q3 price.

Precious stones

19 DECEMBER 2019
Lucara upbeat on 2020 guidance despite diamond slump

Lucara upbeat on 2020 guidance despite diamond slump

Lucara Diamonds is upbeat on its outlook for 2020 but analysts are unconvinced

Precious stones

29 NOVEMBER 2019
Lucara to double Karowe mine life

Lucara to double Karowe mine life

Lucara Diamond Corp has plans to extend the life of the Kerowe mine out to 2040.

Precious stones

05 NOVEMBER 2019
Lucara finds coloured diamonds in Botswana

Lucara finds coloured diamonds in Botswana

Lucara Diamonds has made two significant finds at its Karowe mine in Botswana

Precious stones

27 SEPTEMBER 2019
Lucara posts Q1 profit

Lucara posts Q1 profit

Net profit achieved in March quarter on higher sales and lower costs

Profit & Loss

10 MAY 2019
Lucara Diamond, 1,758ct diamond April 2019

Karowe unearths new record-size diamond

Lucara chalks-up second 1,000ct+ find in four years to project's prospective South Lobe

Precious stones

25 APRIL 2019
Disruptive technology arrives in mining, ready or not

Disruptive technology arrives in mining, ready or not

Diamond sector in particular seeing fundamental changes from XRT, blockchain, synthetics

Precious stones

02 APRIL 2019
Lucara's Karowe delivers 223ct diamond

Lucara's Karowe delivers 223ct diamond

Botswana mine's South Lobe coming into its own

Precious stones

20 FEBRUARY 2019
Lucara recovers another whopper

Lucara recovers another whopper

Karowe's South Lobe shows its value with latest 240ct 'top white' diamond find

Precious stones

29 JANUARY 2019

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Lucara's sparkling returns continue

Standout diamond producer ready for transition to exciting new operational phase