R/€ = 14.57 Change: -0.06
R/$ = 13.37 Change: -0.02
Au 1268.17 $/oz Change: 1.17
Pt 944.00 $/oz Change: -3.50


Lucara Diamond foresees sales of 400 000 ct in 2013

By: Henry Lazenby     6th December 2012 Southern Africa diamond producer Lucara Diamond on Wednesday said it expects to sell 400 000 ct in 2013, which would be the first year of full production from the company’s flagship Karowe mine, in diamond-rich Botswana. Lucara said the Karowe mine is expected to process 2.5-million tons in... 

Lucara sells 9.46 ct blue diamond for $4.5m

By: Henry Lazenby     27th November 2012 Toronto-, Gaborone- and New York-listed Lucara Diamond said it sold a 9.46 ct blue diamond, recovered at its Karowe mine in Botswana, for $4.5-million. A total of 52 lots were put up for sale last week, containing 56 982 ct of diamonds. All lots were sold for an average price of $300/ct,... 

Lucara Diamond completes trial mining at Lesotho project

By: Henry Lazenby     18th September 2012 Triple-listed Lucara Diamond on Monday said a second auction of diamonds from its Mothae project, in Lesotho, which was held in Antwerp, Belgium, last week, brought to an end the project’s trial mining programme. "The completion of the trial mining programme at Mothae marks a significant... 

Lucara lowers production, sales guidance from Botswana mine

By: Henry Lazenby     11th August 2012 Toronto-listed miner Lucara Diamonds on Friday said it expected to sell 23% less diamonds this year from its flagship Karowe mine, in Botswana – the result of a water shortage hampering recovery and lower grades being fed through the mill. The sales forecast for the year was reduced from 300 000... 

Lucara completes second auction, undeterred by soft demand

By: Henry Lazenby     17th July 2012 Diamond junior Lucara Diamond on Monday said it had completed its second auction of diamonds from its Karowe mine, in Botswana, raking in $6.5-million in revenue. On July 16, a total of 35 individual lots containing 36 842 ct of diamonds were put up for sale, of which 32 lots were sold. 

Lucara nets $5.64m in first Karowe diamond auction

By: Henry Lazenby     12th June 2012 Southern Africa-focused diamond miner Lucara Diamonds on Monday sold the first 26 196 ct of diamonds produced from its Karowe mine, in Botswana, for a total of $5.64-million during an online sale. Lucara said 35 individual lots containing 29 339 ct of diamonds were put up for sale through the... 

Lucara recovers first Karowe diamonds, closes $25m facility

By: Henry Lazenby     23rd April 2012 Emerging miner Lucara Diamond said on Monday it had closed a $25-million revolving credit facility to fund development and operations at its new Karowe diamond mine, in Botswana. This comes as the Vancouver-based firm also announced first production from the mine, with over 5 300 ct recovered... 

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