Lucara Diamond

The project has been materially derisked following the completion of shaft sinking in 2025. 

Diamond miner Lucara Diamond Corporation has reported a ‘transformational’ first quarter of the year, with the successful completion of its equity and bond financings for the Karowe underground... 

Lucara has closed a $350-million senior secured bond issue, providing the financial certainty needed to progress the project to completion. 

Canada-headquartered Lucara Diamond Corp has closed a $350-million senior secured bond issue, providing the financial certainty needed to take its Karowe underground project (UGP) in Botswana... 

Diamond miner Lucara Diamond Corp has recovered a 36.92 ct blue diamond from its 100%-owned Karowe diamond mine in Botswana. The diamond is described as a blue Type IIb of high quality and was... 

Diamond miner Lucara Diamond Corp says it has successfully completed a private placement of $350-million of senior secured bonds. The company explains that the bonds will have a tenor of five years... 

Canadian diamond mining company Lucara Diamond Corp is developing the underground project at Karowe to extend the mine’s life and continue the production of large, high-value Type IIa diamonds.  

Lucara Diamond Corp has reported that additional funding will be needed to complete the underground expansion. 

Canada-listed Lucara Diamondhas reported lower revenue and earnings for 2025 as it advances the underground expansion of its flagship Karowe mine in Botswana, while cautioning that additional... 

Lucara has applied to the TSX for a financial hardship exemption. 

Diamond producer Lucara Diamond Corp has applied to the TSX for a financial hardship exemption that would allow it to complete a deeply dilutive C$165-million private placement without shareholder... 

Diamond miner Lucara Diamond has increased its previously announced non-brokered private placement to C$165-million, citing strong investor demand, as it advances development of the Karowe... 

Independent diamond producer Lucara Diamond Corp, which owns and operates the Karowe mine, in Botswana, is planning to raise $70-million in a private placement of about 437.5-million shares at a... 

Canadian miner Lucara Diamond Corporation finds in an updated technical report that the underground project at its Karowe diamond mine, in Botswana, has the potential to recover 4.5-million carats... 

Lucara Diamond Corporation has awarded a lateral development contract to Group R Mining and Exploration Botswana. 

Canada-headquartered Lucara Diamond Corporation has awarded a lateral development contract for its Karowe underground project (UGP), in Botswana, to Group R Mining and Exploration Botswana. The... 

​​​​​​​Lucara Diamond Corp is reviewing the mining method for the underground expansion project. 

Toronto-listed Lucara Diamond sold 101 422 ct during the quarter ended September 30, generating $51.2-million in revenue. In August, the company recovered a 1 015 ct non-gem diamond and a 37.42 ct...