Investegate |Lucara Diamond Corp Announcements | Lucara Diamond Corp: LUCARA Q2 2021 RESULTS TO BE RELEASED AUG 10, 2021
investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.
Lucara Second Quarter 2021 Results to be Released Tuesday, August 10, 2021
investingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investingnews.com Daily Mail and Mail on Sunday newspapers.
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.