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 > 2021 report

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Comment by KingFoxon Mar 01, 2022 11:32am

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Post# 34471281

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:2021 report

Very true. However, now we are dealing with Russia and its rather large influence on the diamond market. Sanctions etc are having a big impact on oil, gas, gold, palladium etc These commodities all have a structure real time market and have shot higher. It should be no surpise that diamond prices are shooting higher in a similar fashion. This can only be good news for Lucara's smaller rough goods, not to mention the larger exceptional ones as a real store of value.

Big volume today although no follow through on price, hmmmmm. CIBC seems to be the seller.

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