Lucara Diamond Corp., a Canadian mining company, is one of the world’s foremost producers of large, high quality, Type IIA diamonds in excess of 10.8 carats.
Since commencing production in Botswana in 2012, Lucara’s 100% owned Karowe mine has sold 180 diamonds for more than $1 million each and 10 single diamonds for more than $10 million each, including the historic 1,109 carat Lesedi La Rona, the second largest gem diamond ever recovered, and the 813 carat Constellation which sold for a record US$63.1 million.
Karowe, a technologically advanced, state-of-the art mine, has current resources to support open pit mining until 2026 and feasibility work is underway to assess the potential for expanding the mine underground, extending mine-life until at least 2036.
Lucara also owns a 100% interest in Clara Diamond Solutions, a digital sales platform that uses proprietary analytics together with cloud and blockchain technologies to transform the sales process, matching diamond demand to supply, ensuring diamond provenance from mine to finger.
|Visit our website:||www.lucaradiamond.com|
|Stock Market Listing:||Toronto [TSX:LUC]
Sweden [NASDAQ OMX: LUC]
|Bloomberg Tickers:||LUC:CN LUC:SS|
|Corporate Presentation March 2019||4 March 2019|
|More Lucara presentations:||https://www.lucaradiamond.com/newsroom/presentations|
|2017 Sustainability Report||19 June 2018|
|2016 Sustainability Report||June 2017|
|More info on Lucara’s Social Responsibility programme||https://www.lucaradiamond.com/mine-operations-and-exploration/responsibility|
Financial year ends 31 December
|2018 Full year results||21 Feb 2019|
|2017Q3 Results||8 Nov 2018|
|2018 Q2 Results||8 August 2018|
|2018 Q1 Results||8 May 2018|
|2017 Full year results||20 Feb 2018|
|2017Q3 Results||2 Nov 2017|
|2017Q2 Results||3 Aug 2017|
|2017Q1 Results||2 May 2017|
|2016 Annual Report||16 Feb 2017|
See also quarterly financial data in the production reports section.
|More info||Quarterly production updates|
Lucara’s 100% owned Karowe Mine is a newly constructed state-of-the-art mine which was fully commissioned in Q2 2012. The Karowe Mine is a large scale asset with tonnage and throughput upside and production has consistently included large, Type IIA. The 1,109 carat gem quality, Type IIa diamond originated from the south lobe of Lucara’s Karowe Mine. This diamond is the world’s second largest gem quality diamond ever recovered and the largest ever to be recovered through a modern processing facility. The stone was recovered by the newly installed Large Diamond Recovery (“LDR”) XRT machines.
|Mine||Location||Mining Method||Production 2018 (‘000cts)|
Resources and Reserves
As of 26 June 2018