A premier, mid-tier, investible diamond company, positioned for long-term, sustainable growth
Stock Code: TSX/XSTO/BSE: LUC
Company Exposure: Diamonds
Project Locations: Botswana
Lucara Diamond Corp. is a Canadian diamond mining company with a producing mine and exploration licenses in Botswana. Its 100% owned Karowe Diamond 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 100% of Clara Diamond Solutions, a secure, digital sales platform positioned to modernize the existing diamond supply chain and ensure diamond provenance from mine to finger.
Investment Highlights
• High Margin diamond producer (~60%) sustained since production began in 2012; declared an essential service through COVID-19; operations have continued through the pandemic
• 2.9 million carats sold and $1.6 billion in revenue since production began
• Strong balance sheet and available liquidity
• Consistent recovery of high value +10.8ct diamonds with additional realized input from high value coloured diamonds – blue and pink
• Innovative design – First diamond mine to use state of the art XRT technology for primary diamond recovery allowing for the recovery of large high value stones unbroken
• Top of class, only mine in recorded history to ever recover two +1,000 carat diamonds
• Mine life extension to 2040 and beyond through the Karowe underground, mining the highest value part of the Karowe ore body
• Clara provides asset diversification and the potential for additional revenue – over 70 customers onboarded and trials of third-party goods started
