PROFIT & LOSS

Lucara expects H2 revenue boost

Lucara Diamond Corp expects to record more stable revenues and some premium diamond sales from the current quarter as its partnership with Belgium-based technology company HB Group enters a commercial phase, CEO Eira Thomas says.

 Lucara expects to record more stable and premium revenue for its larger diamonds from this quarter forward

Lucara expects to record more stable and premium revenue for its larger diamonds from this quarter forward

The HB-Lucara platform will sell the miner's plus-10.8-carat diamonds at prices determined by the platform's analytical technology, with an actual polished sales price finalised after. Thomas told Mining...

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