Lucara says its sale of large stones from the Karowe mine, in Botswana, may not take place next month as planned. The quarterly tender in Gabarone in May is under threat from COVID-19 and may be replaced by sales in Antwerp, the Canadian miner said. Most of Lucara’s revenue comes from the sale of stones […]
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]]>Lucara Diamond Corp. said it expects an increase in revenue in 2020, with estimates of $180-$210 million. In 2019, total revenue is expected to be between $170-$180 million, according to a recent change in guidance released by the company. However, despite the anticipated increase in revenue, Lucara has reduced its predicted sales – down to […]
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]]>Announcing its results for the quarter ended September 30, 2019 (Q3 2019) Lucara Diamond Corp. reported total revenue of US$45.3 million for the period against revenue of US$45.7 million recorded Q3 2018. This was raised from the sale of 116,200 carats of rough diamonds as compared to the sale of 101,600 carats of rough diamonds […]
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