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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Bullboard - Stock Discussion Forum 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... see more

TSX:LUC - Post Discussion

Lucara Diamond Corp > goodbye Clara
View:
Comment by divime1 on Aug 10, 2024 6:49am
During the six months ended June 30, 2024, Lucara received an indicative non-binding offer for the purchase of the Company's interest of Clara Diamond Solutions Limited Partnership, Clara Diamond Solutions B.V., and Clara Diamond Solutions GP (together referred to as "Clara"). The Company has concluded that, despite the uncertainty regarding completion of a potential definitive ...more  
Comment by Gerrywerry on Aug 10, 2024 12:14pm
Kinda weird , no conference call or webcast and just a little mention about Clara .strange communications
Comment by nyoni on Aug 10, 2024 4:40pm
"Based on the expected sales proceeds on June 30, 2024, the Company has determined that the net book value of Clara is recoverable, and no impairment has been recorded in connection with the reclassification."   That may be so but there has already been an $11.2M impairment - see 2023 year-end report.   "The Company identified an impairment indicator for the ...more  
Lucara Diamond Corp