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

Bullboard Posts

Comment by nyonion Apr 12, 2020 9:03am

142 Views

Post# 30900372

RE:RE:That $500M

Underground life of mine = 13 years starting 2025 to coincide with end of opencast.
Contained carats = 5M
Average revenue price per ct = $725

Underground operating costs (table 1-9) $8.72 per tonne milled or $56.48 per carat produced, giving a total of $285.4M operating costs over 13 years life of u/g mine. Based on 24/7, 365 operation.

Open pit costs taken from Q4 2019 were $31.88 per tonne milled.

Bullboard Posts

Morning Market Outlook for Nov. 14, 2024