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.

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Lucara Diamond Corp

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Comment by nyonion Jan 24, 2019 12:26pm

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Post# 29276131

RE:De Beers

Interesting article.

De Beers is now going to allow customers and sightholders to identify diamonds purchased from De Beers as “DTC diamonds,” David Prager, the company’s executive vice president of corporate affairs, confirmed in an interview Friday.

So now there's another elephant in the room. The 15% of Debswana's production that is sold via ODC clearly cannot be described as "DTC diamonds". How then will they gain provenance?

We really need to know if Clara is poised to score a scoop here.

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