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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 theSwede99on Mar 06, 2019 3:00pm
112 Views
Post# 29451355

RE:2 things

RE:2 thingsI think I'm getting the jist here...

Is there speculation that Lucara has some kind of involvement in this new kimberlite discovery?

There were reports that Zimbabwe was planning to add value to its stones in Botswana before they go under the hammer. How far true is this?

Well, we are talking with the Zimbabweans. Zimbabwe is part of the Kimberley Process, and you know the Marange alluvial field is a sizeable deposit and would want them to come and be part of the trading centre in Botswana. They have actually asked us to put their diamonds in a state that they can be saleable, so we are doing that for them as a way of saying, see, we can do good for you guys, come over here.


More customers for Clara perhaps?
Bullboard Posts