VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/21/11 -- Lucara Diamod Corp. (TSX VENTURE: LUC) ('Lucara' or 'the Company') is pleased to announce that the Company has received approval for a secondary listing of its common shares on the Foreign Venture Capital Board of the Botswana Stock Exchange (the 'BSE'). The Company's common shares will commence trading on the BSE at the market opening on July 25, 2011 under the
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/15/11 -- Lucara Diamond Corp. (TSX VENTURE: LUC) ('Lucara' or the 'Company') reports that construction of the AK6 diamond mine in Botswana has been proceeding on schedule to date and is well over 60% complete at this point. However, the current industrial action in the South Africa steel industry has resulted in delays to steel deliveries for the project.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/07/11 -- Lucara Diamond Corp. (TSX VENTURE: LUC) ('Lucara' or the 'Company') is pleased to announce that it has secured a US$50 million debenture to fund the development of the Company's projects.
The facility has a maturity date of December 31, 2013 and requires quarterly repayments of principal commencing September 30, 2012. No interest is payable during the term of
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/27/11 -- Lucara Diamond Corp. ('Lucara' or the 'Company') (TSX VENTURE: LUC) is pleased to provide an update on the development of its 100% owned AK6 diamond project in Botswana. The AK6 mine, to be commissioned by year end, will ramp up to full production in early 2012 to deliver over 400,000 carats of high quality diamonds in its first year of operation.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/16/11 -- Lucara Diamond Corp. ('Lucara' or the 'Company) (TSX VENTURE: LUC) is pleased to provide an update on trial mining operations on the Mothae kimberlite project in Lesotho. Sample G2A was completed in early May, producing 1,903.15 carats of diamonds with an average stone size of 0.45 carats/stone from 33,691 dry tonnes of kimberlite for a sample grade of 5.65
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/28/11 -- Lucara Diamond Corp. ('Lucara' or the 'Company') (TSX VENTURE: LUC) is very pleased to report outstanding results from its first tender of rough diamonds recovered from the Mothae mine in Lesotho. A total of 42 sales lots, totaling 9,381.35 carats were sold on tender in Antwerp for an average of US$871.70/ carat. Gross proceeds from the sale, which closed today
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/23/11 -- Lucara Diamond Corp. (TSX VENTURE: LUC) ('Lucara' or the 'Company') is pleased to provide an update on trial mining operations by its 75% owned indirect subsidiary Mothae Diamonds (PTY) Ltd (Mothae Diamonds) on the Mothae kimberlite project in Lesotho. Sample C9A was completed in mid-March, producing 1,937.65 carats of diamonds from 40,370 dry tonnes of
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/21/11 -- Lucara Diamond Corp. (TSX VENTURE: LUC) ('Lucara' or the 'Company'), commenting on recent press speculation regarding a possible merger with Gem Diamonds Limited ('GEM'), advises that the Company is in regular contact and in discussions with many companies in the diamond sector, one of which is GEM, as part of its strategy to continuously review possible growth
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/16/11 -- Lucara Diamond Corp. (TSX VENTURE: LUC) ('Lucara' or the 'Company') is pleased to report that its 75% owned subsidiary, Mothae Diamonds (Pty) Ltd (Mothae) will be holding its first diamond sale during the period of March 21 to March 28, 2011 in Antwerp, Belgium. Mothae is offering approximately 8,500 carats of diamonds produced from bulk sampling and trial
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/14/11 -- Lucara Diamond Corp. ('Lucara' or the 'Company') (TSX VENTURE: LUC) announces that the $60 million financing announced on January 19, 2011 has closed. The Company sold on a non-brokered, private placement basis, an aggregate of 60 million common shares of Lucara at a price of $1.00 per share. The common shares issued pursuant to the private placement will be
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/19/11 -- Lucara Diamond Corp. ('Lucara' or the 'Company') (TSX VENTURE: LUC) announces that subject to regulatory approval, it will carry out a non-brokered private placement of up to an aggregate of 60 million common shares of the Company at a price of $1.00 per share.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/17/11 -- Lucara Diamond Corp. ('Lucara' or the 'Company') (TSX VENTURE: LUC) is pleased to provide an update on the development of its wholly owned AK6 diamond development project in Botswana. Commissioning of the AK6 mine will commence by year end and will ramp up to full production in early 2012. The mine is expected to deliver 400,000 carats of high quality diamonds