Lucara says diamond market the “healthiest” in years
Canada’s Lucara Diamond (TSX: LUC) says the global market for roughs and diamond jewellery has reached a healthy balance thanks to supply improvements and fundamentals. The Vancouver-based…
Lucara Diamond Corp
Six Canadian-listed diamond companies poised to prosper as market recovers
Whether they’re producers, developers or explorers, Canadian-listed diamond companies are a tough lot. Those that have survived the disruptions of the pandemic — and the…
Lucara digs up 393 carat diamond at Karowe
Lucara Diamond (TSX: LUC) has recovered a 393 carat diamond from its company’s Karowe mine in Botswana, the seventh stone greater than 300 carats dug up at the…
Canada’s Top Ten diamond companies
Canada is home to many diamond companies and some of the world’s best diamond mines. Here’s a list of the top ten diamond companies with…
Diamonds Snapshot: Eight Canadian companies ready for discovery
After a difficult 2020 that saw a near shutdown of the diamond market for half the year as a result of pandemic-related travel restrictions, diamond…
Lucara Diamond to borrow for Karowe underground expansion
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 extends Lucara’s licence for Karowe to 2046
Lucara Diamond (TSX: LUC) said Botswana has renewed the company’s mining licence for its Karowe mine for another 25 years, paving the way to fully move…
Diamond market shows signs of revival
After being virtually shut down since March, the diamond market has slowly come back to life. This fall, De Beers, the world’s largest diamond producer…
Lucara Diamond ends second quarter with $14M loss
Lucara Diamond (TSX: LUC) saw revenues fall 82% in the three months to June 30 from the same period last year after it decided to…
Dominion Diamond sues partner in Diavik mine
Dominion Diamond Mines is suing DDMI, its associate in the iconic Diavik mine and a subsidiary of Rio Tinto (NYSE: RIO; LSE: RIO), for alleged…
Lucara’s digital sales platform poised for growth during Covid-19
Since its first sale through its Clara sales platform in late 2018, Lucara Diamond (TSX: LUC) has sold US$12.1 million worth of diamonds using the…
Alrosa’s anemic April sales underscore market distress
Russia’s Alrosa, the world’s top diamond producer by output, saw sales for rough and polished diamonds fall to US$15.6 million in April, as the coronavirus…