Lucara Diamond Corp. Unveils Ambitious 2025 Guidance Amid Record-Breaking Achievements
Lucara Diamond Corp. (TSX: LUC, BSE: LUC, Nasdaq Stockholm: LUC) has announced its operating guidance for 2025, highlighting a robust outlook for the Karowe Diamond Mine in Botswana, supported by strong production metrics and advancements in its underground mining project. 2024 Achievements Pave the Way Reflecting on the progress in 2024, President and CEO William Lamb noted significant milestones at the Karowe Mine, including the recovery of two diamonds exceeding 1,000 carats—an extraordinary 2,488-carat diamond and a 1,094-carat gem. Lamb praised the company’s adoption of innovative extraction technologies, which continue to underscore the mine’s potential. Alongside operational successes, Lucara achieved cost reductions and sustainability enhancements, bolstering its position as a leader in responsible mining. 2025 Outlook Lucara projects diamond revenues between $195 million and $225 million, driven by the recovery of 360,000–400,000 carats. Sales are forecast at 400,000...
