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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 > New Press Release - LUCARA ANNOUNCES EXTENSION OF WORKING CAPITAL FACILITY
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Comment by AndersSon Aug 24, 2023 6:39am
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Post# 35603233

RE:RE:RE:New Press Release - LUCARA ANNOUNCES EXTENSION OF WORKING CAPITAL FACILITY

RE:RE:RE:New Press Release - LUCARA ANNOUNCES EXTENSION OF WORKING CAPITAL FACILITY

In addition to the 18 months UG delay and cost increase, I think it has more to do with competition from synthetics, which is currently pushing down demand and prices of natural diamonds.

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