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 > some details beginning to leak as we await the final signed

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Post by KingFoxon Jul 05, 2023 10:10am

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Post# 35527169

some details beginning to leak as we await the final signed

https://rapaport.com/news/de-beers-botswana-poised-to-partner-on-high-value-diamonds/

"High-value diamonds were reportedly a central issue in the protracted negotiations, which saw more than two years of delays. The parties wrapped up the outstanding aspects of the deal around 15 minutes before the deadline of 12 a.m. on Friday night, Rowley said."

"Until then, the terms of the old contract — which expired on June 30 — will remain in place. Rowley predicted this could continue for months."

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