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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

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Post by bricksnmorter on Sep 04, 2023 2:02pm

Oh dear

https://fortune.com/2023/09/03/diamond-demand-falling-lab-grown-stones-de-beers-cutting-cutting-prices/amp/
Comment by Gerrywerry on Sep 04, 2023 3:36pm
Just as well we make most of our money from bigger diamond 
Comment by nyoni on Sep 04, 2023 3:45pm
Not so good for mines that mainly produce tiddlers.
Comment by nyoni on Sep 05, 2023 12:46pm
https://rapaport.com/news/lack-of-large-stones-leads-to-loss-for-gem-diamonds/