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Lucara Diamond Corp T.LUC

Alternate Symbol(s):  LUCRF

Metals & Mining Industrial Metals & Minerals
Lucara Diamond Corp. is a Canadian diamond mining company with a producing mine and exploration license in Botswana. It is an independent producer of large Type IIa diamonds from its 100% owned Karowe Diamond Mine in Botswana. The Karowe Mine is the focus of the Company's operations and development activities. Its 100% owned Karowe mine is a producer of large Type IIA diamonds, more than 10.8 carats, including the historic 1,758 Sewelo, the 1,109 carat Lesedi La Rona and the 813-carat Constellation.


TSX:LUC - Post by User

Lucara Diamond Corp
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Comment by cigarsailoron Aug 15, 2010 8:26pm
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Post# 17352348

RE: RE: Lucara Takeover of Africa Diamonds?

RE: RE: Lucara Takeover of Africa Diamonds?That makes more sense than Lucara taking out their junior partner at AK6 - The big play is in Lesotho anyway.  I would not be surprised if Lucara sells their 60% share in Botswana to Gem Diamonds to finance the Lesotho operation.  Besides, Botswana is a lot less politically stable than Lesotho.
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Dealroom for high-potential pre-IPO opportunities