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

/PRNewswire/ (TSX: LUC) (BSE: LUC) (Nasdaq Stockholm: LUC) Lucara Diamond Corp. ("Lucara" or the "Company") today reports its results for the second quarter. ....

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Lucara Announces Karowe Underground Expansion Project Update

/PRNewswire/ (TSX: LUC) (BSE: LUC) (Nasdaq Stockholm: LUC) Lucara Diamond Corp. ("Lucara" or the "Company") is pleased to provide an update on the Karowe. ....

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Investegate |Lucara Diamond Corp Announcements | Lucara Diamond Corp: LUCARA Q2 2021 RESULTS TO BE RELEASED AUG 10, 2021

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.

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Lucara Second Quarter 2021 Results to be Released Tuesday, August 10, 2021

Lucara Second Quarter 2021 Results to be Released Tuesday, August 10, 2021
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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. ....

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