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Lucara Diamond Corp T.LUC

Alternate Symbol(s):  LUCRF

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

Bullboard Posts
Comment by puma1on Dec 22, 2018 11:54am
103 Views
Post# 29150311

RE:RE:RE:RE:RE:RE:SP

RE:RE:RE:RE:RE:RE:SP
interesting comments a the end of the article where they mention an add on program to their Blockchain. i would imagine the program is a response to CLARA


Chow Tai Fook is just one of many sector leaders to have recently adopted distributed ledger technology, an umbrella term for a shared and synchronized database, to ensure the authenticity of the diamonds they sell by tracking them, from mine to shop. Their involvement is seen by analysts as an opportunity to clearly signal that they are willing to establish a closer and more transparent relationship with their consumers.

The world’s largest diamond jewellery retailer, Signet, was one of the first ones to join De Beers’ pilot earlier this year. Even Russia’s Alrosa (MCX:ALRS), the world’s No.1 diamond producer by output and De Beers’ main competitor, is now testing Tracr.

The blockchain platform gives each diamond a unique ID that stores stones characteristics such as weight, colour and clarity. To support the process, the system will also incorporate photos and planned outcome images.




 


https://www.mining.com/jewellery-giant-chow-tai-fook-joins-de-beers-diamonds-tracking-pilot/

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