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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 nyonion Jun 23, 2019 9:57am
114 Views
Post# 29853585

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:article

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:articleThe govt already has the right to sell 15% of Debswana production to anyone they damn-well please despite being 15% shareholders of DeBeers.

The situation is becoming interesting because the Debswana sales contract is due for renewal in 2020 and also the 15 year Karowe mining licence is due to expire in 2023.

Renewal discussions will be underway on both fronts.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities