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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

Post by AndersSon Jan 29, 2023 4:42pm
359 Views
Post# 35252978

Reason for share price movement?

Reason for share price movement?

Given that Russia is producer number one by volume and number two by value this could have some significant positive impact on non-russian diamond prices.

Belgian PM De Croo wants the world to hunt down and stop trade in Russian ‘blood diamonds.’
https://www.politico.eu/article/russia-diamond-europe-import-trade-sanctions-ukraine/


 

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