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Lucara Diamond Corp T.LUC

Alternate Symbol(s):  LUCRF

Metals & Mining Industrial Metals & Minerals
Lucara Diamond Corp. is a Canada-based diamond mining company with a producing mine and exploration license in Botswana. Its 100% owned Karowe mine, located in Botswana. Karowe produces Type IIA diamonds in excess of 10.8 carats, including the historic 1,758 Sewelo, the 1,109 carat Lesedi La Rona and the 813 carat Constellation. It also owns Clara Diamond Solutions, a secure, digital sales platform positioned to modernize the existing diamond supply chain.


TSX:LUC - Post by User

Lucara Diamond Corp > New Press Release - LUCARA ANNOUNCES EXTENSION OF WORKING CAPITAL FACILITY
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Comment by AndersSon Aug 24, 2023 6:39am
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Post# 35603233

RE:RE:RE:New Press Release - LUCARA ANNOUNCES EXTENSION OF WORKING CAPITAL FACILITY

RE:RE:RE:New Press Release - LUCARA ANNOUNCES EXTENSION OF WORKING CAPITAL FACILITY

In addition to the 18 months UG delay and cost increase, I think it has more to do with competition from synthetics, which is currently pushing down demand and prices of natural diamonds.

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