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Lucara: Global diamond market in its healthiest state - Jeweller Magazine: Jewellery News and Trends

The global market for diamond jewellery and rough stones is at its ‘healthiest’ state in recent years due to improvement in the industry’s supply and demand fundamentals.

Lucara Announces Q3 Results With a 57% Increase in Revenue to $72 7 Million Following a Strong Production Quarter

Lucara Diamond Corp. today reports its results for the third quarter of 2021 ending September 30, 2021 with strong financial and operational performance. Please view PDF version . Q3 2021 HIGHLIGHTS: Revenue of $72.7 million during Q3 2021, a 57% increase over the previous quarter, resulted in an average price per carat sold of $619 . Board sanction of the $534 million Karowe underground expansion project extending .

Lucara Diamond Corp : Lucara Announces Q3 Results With a 57% Increase in Revenue to $72 7 Million Following a Strong Production Quarter

Lucara Announces Strong Results for the Second Quarter Of 2021 and Full Project Financing for the Karowe Underground Expansion

Investegate |Lucara Diamond Corp Announcements | Lucara Diamond Corp: RESULTS FOR THE FIRST QUARTER OF 2021

    Lucara Diamond Corp. ( Lucara or the Company ) today reports its results for the first quarter of 2021 ending March 31, 2021, with strong financial and operational performance.   HIGHLIGHTS: · Revenue of $53.1 million or $579 per carat sold in Q1 2021, 56% higher than Q1 2020.  This includes diamonds sold through a combination of regular tenders, Clara, and through HB Antwerp ( HB ) under the supply agreement announced in July 2020. · Q1 2021 total operating cash costs of $29.24 per tonne processed (1), 7% lower than Q1 2020.  · Adjusted EBITDA (1) in Q1 2021 of $22.2 million, marking a return to higher levels of operating margin. · Extension of the Karowe mining license for a period of 25 years to 2046, marking a critical step in the advancement of the Karowe underground expansion project.

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