Lucara Diamond Corp. first quarter results
Post Date: 16 May 2013 Viewed: 370
Lucara Diamond Corp. reports its first quarter 2013 results.
William Lamb, President and Chief Executive Officer, commented: "Lucara had solid operational performance and sales for the first quarter continuing the growth trend from 2012. Also continuing is the recovery of high quality diamonds from the Karowe Mine.
"An exceptional 239 carat stone was recently recovered as well as several excellent quality stones greater than 50 carats. This, along with the multiple recoveries of extremely rare and valuable blue diamonds, highlights the importance of this new mine. We are planning to conduct our first special large stone tender in May in addition to our normal tender (twice quarterly) of diamonds which is in excess of 50,000 carats."