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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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