Lucara Diamond Corp


A conveyor at Lucara Diamond's 75%-owned Mothae diamond project in Lesotho. Credit: Lucara Diamond

Lucara to exit Mothae in Lesotho

Lucara Diamond (TSX: LUC; US-OTC: LUCRF) plans to sell its 75%-held Mothae diamond project in Lesotho after the project failed to meet the company’s investment criteria.




Editorial: Reading the tea leaves

Lukas Lundin, the chairman of Lucara Diamond may be bullish on diamonds (see Page 5), but he doesn’t see things improving for diamond juniors in the near term. “The general…


‘Peak diamonds’ on the horizon?

The fracking boom in North America may have made “peak oil” somewhat of a dated phrase, but could “peak diamonds” take its place as the catchphrase for resource investors?


Lucara’s Karowe mine proves to be a gem

Lucara Diamond (TSX: LUC) had a very good 2013 at its Karowe mine in Botswana, reporting annual financial results in February that exceeded expectations. The company reported revenues of US$180.5…


Diamonds shining once again

In our last issue, I asked whether there had been a shift in sentiment toward the diamond sector, which survived 2013 in much better shape than the rest of the…



Lucara’s Karowe a veritable cash machine

Cash — the one thing investors trust these days — continues to flow into Lucara Diamond’s (TSX: LUC) coffers from the sale of its world class diamonds and the market continues to applaud its efforts.



Pangolin explores Botswana

Botswana is the jurisdiction of choice for Pangolin Diamonds (TSXV: PAN) founder and chairman Leon Daniels. “Botswana is a great country — the geology is very good,” Daniels said in…


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