Lucara Diamond

Lucara Diamond

Mining

Vancouver, British Columbia 83,550 followers

Making Diamond History.

About us

Lucara Diamond Corp. is a Canadian diamond mining company with a producing mine and exploration licenses in Botswana. Its 100% owned Karowe mine is one of the world’s foremost producers of large, high quality, Type IIA diamonds in excess of 10.8 carats. Lucara also owns Clara Diamond Solutions, a secure, digital sales platform positioned to modernize the existing diamond supply chain and ensure diamond provenance from mine to finger. Lucara is a member of the Lundin Group of Companies and is listed on the TSX, Nasdaq Stockholm, and the Botswana Stock Exchange under the symbol "LUC".

Industry
Mining
Company size
51-200 employees
Headquarters
Vancouver, British Columbia
Type
Public Company
Founded
2012
Specialties
Diamond Mining, Diamond Mining in Africa, Canadian Diamond Mining Company, and Gem-Quality Diamond Production

Locations

  • Primary

    Suite 502 – 1250 Homer Street

    Vancouver, British Columbia V6B 2Y5, CA

    Get directions

Employees at Lucara Diamond

Updates

  • 💎 Lucara is thrilled to announce the recovery of an exceptional 2,492 carat diamond from its Karowe Diamond Mine in Botswana. This remarkable find, one of the largest rough diamonds ever unearthed, was detected and recovered by the Company's Mega Diamond Recovery (“MDR”) X-ray Transmission (“XRT”) technology, installed in 2017 to identify and preserve large, high-value diamonds. ⚒️ The stone was recovered from the processing of EM/PK(S) kimberlite, the dominant ore type that Lucara will continue to target during the first years of the Company’s underground mining operations. 📊 This discovery underscores Karowe's reputation as a world-class asset and reaffirms Lucara's position as a leading producer of large, exceptional diamonds. Full details: https://bit.ly/3WWYDV9 📈 TSX: LUC | BSE: LUC | Nasdaq Stockholm: LUC #LucaraDiamond #MakingDiamondHistory

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  • 📈 Lucara is pleased to announce that it has met all conditions relating to the transition of its listing venue in Sweden. The Company today received the final approval from Nasdaq Stockholm to commence trading on Nasdaq First North Growth Market. 🗓️ The last day for trading of the Company's shares on Nasdaq Stockholm will be January 30, 2025, and the first day for trading on Nasdaq First North Growth Market will be January 31, 2025. The Company's listing on the Toronto Stock Exchange and the Botswana Stock Exchange will not be affected by this transition, and shareholders in Lucara are not required to take any measures in connection with the list change.

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  • 💎 Lucara has applied for and received conditional approval from Nasdaq Stockholm for admission to commence trading on the Nasdaq First North Growth Market in Sweden. 🗓️ The first day of trading on Nasdaq First North Growth Market is expected to be Friday, January 31, 2025. The Company’s listing on the Toronto Stock Exchange and the Botswana Stock Exchange will not be affected by this transition. ➡️ For more information, please see the news release: https://bit.ly/3E9mifo

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  • 📢 The Board of Directors of Lucara Diamond has approved the application to Nasdaq to delist the Company's shares from Nasdaq Stockholm Main Market and, simultaneously, to apply to be listed on Nasdaq First North Growth Market. 🔒 The Company's listing on the Toronto Stock Exchange and the Botswana Stock Exchange will not be affected by this transition. 🔗 Read more in our latest press release: https://bit.ly/3VOVtDt 📈 TSX: LUC | BSE: LUC | Nasdaq Stockholm: LUC

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  • 💎 Lucara Diamond Corp. is pleased to announce the winning name for the epic 2,488 carat diamond, recovered in August 2024, and for the 1,094 carat diamond, recovered in September 2024. 💧 The 2,488 carat diamond has been named Motswedi, which in Setswana, the local language in Botswana, means a water spring or the flow of underground water that emerges to the surface offering life and vitality. ✨ The 1,094 carat diamond has been named Seriti, which means aura or presence in Setswana and has deep cultural significance related to identity and legacy. 🔗 Read more in our latest press release: https://bit.ly/408Tg8x 📈 TSX: LUC | BSE: LUC | Nasdaq Stockholm: LUC #LucaraDiamond #MakingDiamondHistory

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  • 🔨Lucara achieved significant progress in the development of the Karowe Underground Project during Q3 2024: ➡️ Shaft sinking and shaft connection lateral development continued to advance in Q3. ➡️ The ventilation shaft is ahead of July 2023 rebase schedule. ➡️ By the end of Q3, the production shaft reached a depth of 686 metres below surface and the ventilation shaft reached 582 metres below surface. 🔗 Learn more about our progress in our latest Q3 2024 release: https://bit.ly/40L29Ws

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  • ❇️ Lucara Announces Operating Guidance For 2025 💬 “To date in 2024, Lucara achieved remarkable milestones at its Karowe Mine in Botswana, successfully meeting and exceeding all production targets. The Company's strategic focus on the underground mining project showed significant advancement, with shaft depths reaching new records. Further, our innovative extraction technologies are once again proving the quality of the resource through the recovery of two exceptional diamonds larger than 1,000 carats, including the epic 2,488-carat diamond and the 1,094-carat diamond. We have also demonstrated substantial progress in reducing operational costs and improving sustainable mining practices.” — President & CEO, William Lamb 🔗 Read the full 2025 Operating Guidance release here: https://bit.ly/3ZkPyH3

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  • View organization page for Lucara Diamond, graphic

    83,550 followers

    🏆 Congratulations to the Lucara Botswana team for being named AfriSAFE Mining Company of the Year!

    🏆 Congratulations to Botswana Lucara on receiving the Africa Safety Award for Excellence - Mining Company of the Year for outstanding performance and leadership in the Mining Industry! This recognition celebrates excellence in various areas including environmental stewardship, innovative practices, community engagement, and safety standards. We are proud to be part of this milestone and to partner with an organisation that prioritises excellence and safety. The UMS Group has for the past 3 years operated at Lucara Botswana’s Karowe Underground Project with no LTIs. #Excellence #MiningIndustry #SafetyFirst #Awards #UMSGroup #LucaraBotswana

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  • 👥 At Lucara, we recognize the importance of fostering lasting and mutually beneficial relationships with local communities, managing our impacts, and creating shared benefits. We remain committed to open dialogue and impactful community engagement, actively partnering with local stakeholders to ensure that our operations contribute to long-term socio-economic development. 🤝 Learn more about how we engage with communities to create lasting benefits in our 2023 Sustainability Report: https://bit.ly/3N4qe2u

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Funding

Lucara Diamond 2 total rounds

Last Round

Post IPO equity

US$ 32.9M

See more info on crunchbase