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Lucara Diamond to borrow for Karowe underground expansion - Canadian Mining Journal

Lucara Diamond to borrow for Karowe underground expansion - Canadian Mining Journal
canadianminingjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from canadianminingjournal.com Daily Mail and Mail on Sunday newspapers.

British Columbia , Lucara Diamond , South Lobe , Lesedi La Rona , பிரிட்டிஷ் கொலம்பியா , தெற்கு லோப் ,

Lucara Diamond to borrow for Karowe underground expansion

Lucara Diamond to borrow for Karowe underground expansion
The Karowe mine. Credit: Lucara Diamonds
Lucara Diamond Corp. (TSX:LUC) anticipates incurring debt of between US$150 million and US$200 million towards the US$514-million underground expansion of the Karowe diamond mine in Botswana. The Vancouver company has already initiated discussions with potential lenders, and hopes to secure funding in the second half of this year. The balance of the project will be funded by cash flow from current open pit operations.
Open pit operations will continue through 2025, before the underground plant feed is needed. Lucara released a feasibility study for the underground project in November 2019. Last year the company spent US$18.7 million on site earthworks, geotechnical test pitting and drilling, and individual pilot holes for the ventilation and production shafts. Orders were also placed for long lead time equipment. ....

British Columbia , Lucara Diamond Corp , Lucara Diamond , South Lobe , Lesedi La Rona , பிரிட்டிஷ் கொலம்பியா , தெற்கு லோப் ,

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 . ....

United States , United Kingdom , Louis Vuitton , Lucara Diamond Corp , Clara Diamond Solutions , Other International Participant Dial , Nasdaq Stockholm , Karowe Mine , Karowe Diamond , Karowe Mine License , South Lobe , Large Diamond Recovery , Lucara Diamond , Kingdom Toll , Toll Free North America , Chief Executive Officer , Abuse Regulation , Swedish Securities Markets , Pacific Time , Karowe Diamond Mine , Clara Platform , Annual Information Form , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , லூயிஸ் வூடந் , கிளாரா வைரம் தீர்வுகள் ,

Lucara Announces Strong Q4 2020 Sales and Operational Results

Lucara Announces Strong Q4 2020 Sales and Operational Results
prnewswire.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.co.uk Daily Mail and Mail on Sunday newspapers.

United States , United Kingdom , Robert Eriksson , Louis Vuitton , Emily Moss Jos Simson , Lucara Diamond Corp , Clara Diamond Solutions , Investor Relations Communications , Other International Participant Dial , Karowe Mine , Karowe Diamond , Karowe Mine License , South Lobe , Large Diamond Recovery , Kingdom Toll , Toll Free North America , Chief Executive , Lucara Diamond , Abuse Regulation , Swedish Securities Markets , Karowe Diamond Mine , Clara Platform , Annual Information Form , Investor Relations , Public Relations , United Kingdom Public Relations ,

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.

United States , United Kingdom , British Columbia , Louis Vuitton , Lucara Diamond Corp , Clara Diamond Solutions , Other International Participant Dial , Nasdaq Stockholm , Karowe Mine , Karowe Diamond , Karowe Mine License , South Lobe , Large Diamond Recovery , Kingdom Toll , Toll Free North America , Chief Executive , Lucara Diamond , Abuse Regulation , Swedish Securities Markets , Karowe Diamond Mine , Clara Platform , Annual Information Form , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , பிரிட்டிஷ் கொலம்பியா , லூயிஸ் வூடந் ,