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Lucara Diamond
Lucara Raises $60M to Develop AK6 and Mothae
Lucara Diamond Corporation raised $60 million through a private placement, the company reported. Proceeds from the placement will be used towards the development of the AK6 diamond mine in Botswana and Lucara's Mothae mine...
Mining Feb 15, 2011 Deena Taylor
Botswana Diamonds to List on AIM in January
Botswana Diamonds expects to list on London’s Alternative Investment Market (AIM) in January 2011, company chairman John Teeling said. The listing is part Lucara Diamond’s agreement to takeover African Diamonds (AFD), which is expected to close in early January. Under the deal, Lucara gained full control of Botswana’s AK6...
Mining Nov 28, 2010 Avi Krawitz
AK6 small
Lucara to Acquire African Diamonds for $80M
Lucara Diamond Corp has agreed to buy African Diamonds (AFD) for $80.1 million in a deal that will allow both companies to benefit from the AK6 diamond deposit in Botswana.According to the agreement, shareholders will get...
Mining Oct 04, 2010 Deena Taylor
Rapaport TradeWire July 9, 2010
RAPAPORT NEWS SERVICE | JULY 9, 2010 www.rapaport.com | news@rapaport.com...
Mining Jul 08, 2010 Rapaport
Rapaport Weekly Market Report 07/02/2010
Between the LinesShow Time: Prices in Hong Kong Rise, But Not to the Level of Cutting CentersThere were mixed reports from the June Hong Kong Jewellery & Gem Fair 2010, with the overall feeling being that sales there improved against last year. Buying...
Research Jul 02, 2010 Avi Krawitz
Rapaport TradeWire July 2, 2010
RAPAPORT NEWS SERVICE | JULY 2, 2010 www.rapaport.com | news@rapaport.com
Mining Jul 01, 2010 Rapaport
Lucara, Botswana Form Marketing Arrangement
Lucara Diamond and its partner African Diamonds completed a marketing arrangement with Botswana through their joint-venture company, Boteti, wherein production from the AK6 project may be sold through either open tender or exclusive contract. Lucara, the AK6 project operator, holds a 60 percent interest in Boteti,...
Mining Jun 29, 2010 Jeff Miller
Stellar Diamonds Notes Stronger Prices for Rough
Stellar Diamonds' production at the Mandala mine came to 34,409 carats during its first fiscal half that ended on March 31, 2010. The company's total diamond sales, comprised of both gem- and industrial-quality rough diamonds, for the first half totaled $1.19 million, or an average of over...
Mining Jun 28, 2010 Jeff Miller
Rapaport TradeWire June 25, 2010
RAPAPORT NEWS SERVICE | JUNE 25, 2010 www.rapaport.com | news@rapaport.com...
Retail Jun 24, 2010 Rapaport
Rapaport Weekly Market Report 06/17/2010
Between the LinesRough Market: Lucara Becomes a Diamond ProducerCanada-based Lucara Diamond announced that it has started production at its Mothae mine in Lesotho and that it recovered a 53.5-carat, type IIa diamond in the first week of operations. The company also owns 60 percent of the AK6 project in Botswana, with...
Research Jun 18, 2010 Avi Krawitz
Rapaport TradeWire June 11, 2010
RAPAPORT NEWS SERVICE | JUNE 11, 2010 www.rapaport.com | news@rapaport.com...
Rough Markets Jun 10, 2010 Rapaport
Rapaport TradeWire June 4, 2010
RAPAPORT NEWS SERVICE | JUNE 4, 2010 www.rapaport.com | news@rapaport.com...
Mining Jun 03, 2010 Rapaport
Rapaport TradeWire May 28, 2010
RAPAPORT NEWS SERVICE | MAY 28, 2010 www.rapaport.com | news@rapaport.com...
Mining May 27, 2010 Rapaport
Rapaport TradeWire May 21, 2010
RAPAPORT NEWS SERVICE | MAY 21, 2010 www.rapaport.com | news@rapaport.com...
Mining May 20, 2010 Rapaport
Rapaport TradeWire May 14, 2010
RAPAPORT NEWS SERVICE | MAY 14, 2010 www.rapaport.com | news@rapaport.com...
Mining May 13, 2010 Rapaport
Rapaport TradeWire May 7, 2010
RAPAPORT NEWS SERVICE | MAY 7, 2010 www.rapaport.com | news@rapaport.com
Research May 06, 2010 Rapaport
Rapaport TradeWire Apr. 30, 2010
RAPAPORT NEWS SERVICE | APRIL 30, 2010 www.rapaport.com | news@rapaport.com
Mining Apr 29, 2010 Rapaport
African Diamonds Raises Stake in AK6 to 40%
African Diamonds exercised its option to increase its stake at the AK6 diamond deposit in Botswana from 28 percent to 40 percent for a total cash consideration of $8 million paid to Lucara Diamond and Wati Ventures. The remainder of equity in AK6 is held by Lucara. John Teeling, the chairman of African Diamonds, said,...
Mining Apr 23, 2010 Jeff Miller
Rapaport TradeWire Apr. 23, 2010
RAPAPORT NEWS SERVICE | APRIL 23, 2010 www.rapaport.com | news@rapaport.com...
Mining Apr 22, 2010 Rapaport
Rapaport Weekly Market Report 04/16/2010
Between the LinesMining: Strong Prospects for Mid-Tier Mining CompaniesThe diamond sector analyst at RBC Capital Markets, Des Kilalea, maintained a positive outlook for diamond mining companies, particularly those that are in production or near production. “The prospect of constrained supply and firm rough diamond prices...
Research Apr 16, 2010 Avi Krawitz
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