Rapaport News


Search Results

Rapaport Broadcast
Martin Rapaport Addresses Israel Diamond Week
February 12 2020

Advanced search
Latest Articles
Rough Markets
Polished Markets
Mountain Province
Ex-Lucara CEO Joins Mountain Province Board
Mountain Province has added three industry veterans to itsboard, including William Lamb, the former head of Lucara Diamond Corp., it saidMonday. Lamb has more than 25 years of experience in miningoperations and project development. He served as CEO...
Mining May 06, 2019 Rapaport News
Lucara Names New CEO 150
Lucara Names Eira Thomas as CEO
Eira Thomas has taken over as CEO of Lucara Diamond Corp,replacing William Lamb, the miner said Sunday.Thomas (pictured), who has worked in the mining industry for 25 years, is a founder and director of Lucara, and a cofounder...
Mining Feb 26, 2018 Rapaport News
Karowe mine Lucara
Lucara Foresees Improvement at Karowe
Lucara Diamond Corp. is predicting a rise in rough-diamond production andsales next year due to increased mining in the higher-value section of itsKarowe mine.Revenue should be between $170 million and $200 million in2018, the miner said last...
Mining Dec 03, 2017 Rapaport News
Lesedi La Rona
Lesedi La Rona Boosts Lucara Sales
Lucara Diamond Corp.’s revenue more than doubled in thethird quarter as it sold the 1,109-carat Lesedi La Rona rough diamond, theminer reported Thursday.Sales came to $77.9 million in the three months that endedSeptember 30, up from $38.1...
Mining Nov 05, 2017 Rapaport News
Lesedi La Rona
Graff Buys Iconic 1,109ct. Diamond for $53M
Lucara Diamond Corp. has sold the 1,109-carat Lesedi La Ronato Graff Diamonds for $53 million — a price well below what the miner initiallywanted for the record-breaking stone.Graff spent $47,777 per carat on the...
Rough Markets Sep 26, 2017 Rapaport News
Lucara 374 carats
374ct. Diamond Fragment Fetches $17.5M
Lucara Diamond Corporation has sold a stone that was originally part of the second-largest rough diamond in history for $17.5 million.The 373.72-carat rough, which broke off the Lesedi La Rona diamond during theproduction process,...
Mining May 14, 2017 Rapaport News
Lucara Sample Yields 4.56ct. Diamond
Lucara Diamond Corporation has recovered rough diamondsweighing more than 1 carat apiece – including one weighing 4.56 carats – from anore sample that came from its BK02 exploration project in Botswana.That largest stone was...
Mining Mar 07, 2017 Rapaport News
Charlize Theron Scars 2017
Lucara Diamonds Shine at Oscars
Charlize Theron stole the attention of jewelry observers at Sunday’sAcademy Awards with a mammoth pair of earrings featuring diamonds from theKarowe mine in Botswana.The actress attended the Oscars ceremony in Hollywood wearingChopard diamond drop earrings with...
Mining Feb 28, 2017 Joshua Freedman
Karowe mine Lucara
Lucara Profit Drops Amid Currency Shift
Profit dropped last year for Lucara Diamond Corp. as higher taxes and foreign exchange rates worked to the company’s disadvantage. Net income declined 9 percent to $70.7 million in 2016, largely impacted by a foreign-exchange loss of $11...
Mining Feb 19, 2017 Rapaport News
Lesedi La Rona
Lesedi La Rona Poised For 1H Sale
Lucara Diamond Corp. plans to sell the 1,109-carat Lesedi LaRona in the first half of next year, after the rough diamond failed to find a buyer at a Sotheby’s auction in June.The stone, which is the second largest rough...
Mining Dec 18, 2016 Rapaport News
Lucara 813ct Constellation Diamond
Massive Diamond Boosts Lucara’s 2016 Sales
Lucara Diamond Corp. expects revenue to hit $295million in 2016, implying a 32 percent surge from a year ago, following the saleof the most expensive rough diamond in history.The Canada-based miner soldthe 813-carat Constellation diamond for...
Mining Dec 11, 2016 Rapaport News
Lesedi La Rona Sotheby's
Lucara Sees More Lucrative Mining in 2017
Lucara Diamond Corp. is shifting operations to a higher-value part of the Karowe mine in Botswana which it believes will enable an increase in dividend payments next year. The miner anticipates increasing the payout to $0.07 (CAD 0.10) per...
Mining Dec 01, 2016 Rapaport News
William Lamb
Historic Diamonds Put Lucara in Enviable Spotlight
Lucara Diamond Corporation President and CEO William Lamb faces a dilemma many mining executives would envy. After all, when the second- and sixth-largest diamonds in history are discovered in the same week at your...
Mining Nov 19, 2015 Avi Krawitz
Lucara Diamond
Lucara's 4Q Revenue +20%, Posts $17M Loss
Lucara Diamond Corp. reported that revenue rose 20 percent year on year to $70.5 million in the fourth quarter of 2014, even as the rough market softened during the period. Diamond sales grew due to higher prices...
Mining Feb 22, 2015 Ronen Shnidman
Lucara Diamond
Lucara Executive Leaves for Gold Miner
Lucara Diamond Corp. said its senior vice president, Anthony George, has ended his employment contract with the diamond mining company to take a position at a gold mining firm owned by Lucara's largest shareholder, the...
Mining Jan 04, 2015 Ronen Shnidman
Lucara Diamond
Lucara's 3Q Revenue Soars
Lucara Diamond Corporation reported that its revenue more than tripled to $42.1 million in the third quarter that ended on September 30, 2013. The company held two sales during the ‎period, achieving an average...
Mining Nov 10, 2013 Deena Taylor
North Arrow
Lamb Joins Board of North Arrow Minerals
North Arrow Minerals Inc. appointed William Lamb, the CEO and president of Lucara Diamonds Inc., as an independent member of the board. The junior explorer now has five board members who are working toward...
Mining Sep 23, 2013 Jeff Miller
Karowe diamonds
Lucara Raises Sales Guidance 5%
Lucara Diamond Corporation raised its guidance for the sale of diamonds from the Karowe mine in Botswana by 5 percent and said that it expects to sell 420,000 carats from the mine in 2013.The company anticipates revenue...
Mining May 28, 2013 Deena Taylor
Previous 1 Next
Show articles per page

Call Us: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    Privacy Policy  
twitter twitter
About Rapaport
Advertise with us