lucara in A Sentence
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Lucara then acquired African Diamonds in 2010 to hold 100 percent of the asset.
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The miner held a 70.3% stake in Boteti Exploration, which Lucara purchased from De Beers in 2009 for $49 million.
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Lucara announced the sale of the Lesedi La Rona after the market closed Monday, a day when its Toronto-listed shares slumped 1.7%.
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Lucara saw potential, and after further exploration it constructed the mine between 2010 and 2012, with commissioning and its first diamond sales starting in 2012.
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Since introducing its XRT diamond recovery technology, Lucara has recovered 12 diamonds over 300 carats, the company said, including a 472-carat and a 327-carat diamond in April 2018.
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After completing an MBA through the Edinburgh Business School, Mr. Lamb joined the Lundin Group(May 2008) and is now Chief Executive Officer and a Director of Lucara Diamond Corp.
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Lucara set a company record of 0.76 million tonnes of ore processed,"the best quarter in Karowe's history", and recovered 132,336 carats(including 10,899 carats recovered from re-processing historic recovery tailings from previous milling), achieving a recovered grade of 15.9 carats per hundred tonnes processed.
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