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Bullboard - Stock Discussion Forum Lucara Diamond Corp T.LUC

Alternate Symbol(s):  LUCRF

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... see more

TSX:LUC - Post Discussion

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Post by KingFox on Nov 09, 2023 8:32am

ODC

"State-owned diamond trader, Okavango Diamond Company (ODC) will not hold its November sale of rough diamonds and could also cancel the December one, in order to help reduce oversupply in the global market, BusinessWeek has learnt."
Comment by KingFox on Nov 09, 2023 8:36am
Of course saying that, the Christie's auction this week seemed to be decent, at least for the bigger type IIa rocks https://www.businessinsider.com/rare-blue-diamond-sold-at-christies-44-million-bleu-royal-2023-11?utm_medium=social&utm_campaign=business-sf&utm_source=twitter
Comment by oilinvestor52 on Nov 09, 2023 10:14pm
Keep in mind Lucara found some large high quality Pink diamonds however have not released further information regaring potentiall very valuable stones. Argyle Pinks can sell for USD$1M + per ct
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