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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.

Lucara spends P200m in Karowe | The Patriot On Sunday

. Karowe mine license extended to 2046 . $514 million is project estimated budget  BAKANG TIRO editors@thepatriot.co.bw Lucara says during the year ended December 31, 2020 it spent over P200m ($18.7 million) on its Letlhakane-based Karowe mine’s underground expansion project. Lucara revealed the developments on its Quarter 4 2020 sales and operational results this week, saying the money was spent on project execution activities including a geotechnical test pitting and drilling and completion of two pilot holes at the shaft locations. The company is embarking on mining underground at its wholly-owned top gemstone producer based in Botswana in effort to expand mine’s output level.

Lucara Announces Strong Q4 2020 Sales and Operational Results

Lucara Announces Strong Q4 2020 Sales and Operational Results Lucara Diamond Corp. today reports its results for the year and quarter ended December 31, 2020 . View PDF version . HIGHLIGHTS: Revenue of $42.4 million or $402 per carat sold in Q4 2020. This includes diamonds sold through a combination of regular tenders, Clara, and through HB Antwerp under the supply agreement announced in July 2020 . FY2020 total operating cash costs of $27.80 per tonne processed 13% lower than …  (TSX: LUC) (BSE: LUC) (Nasdaq Stockholm: LUC) Lucara Diamond Corp. (“Lucara” or the “Company”) today reports its results for the year and quarter ended December 31, 2020 . View PDF version . HIGHLIGHTS: Revenue of $42.4 million or $402 per carat sold in Q4 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 .

Lucara Announces Strong Q4 2020 Sales and Operational Results

Lucara Announces Strong Q4 2020 Sales and Operational Results
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Press Release - MINING COM

Press Release - MINING COM
mining.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mining.com Daily Mail and Mail on Sunday newspapers.

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