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Bullboard - Stock Discussion Forum 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... see more

TSX:LUC - Post Discussion

Lucara Diamond Corp > Reason for share price movement?
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Post by AndersS on Jan 29, 2023 4:42pm

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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