Lucara’s Q1 2022 Revenue of $68.2 Million Reflective of a Strong Start to 2022
VANCOUVER, BC, May 5, 2022 /CNW/ - (LUC – TSX, LUC – BSE, LUC – Nasdaq Stockholm) Lucara Diamond Corp. (“Lucara” or the “Company”) today reports its results for the quarter ended March 31, 2022. Q1 2022 HIGHLIGHTS: · Revenue in Q1 2022 increased by 28% to $68.2 million from $53.1 million in Q1 2021 a reflection of strong rough and polished diamond market fundamentals into the first quarter. · The combination of a strong diamond market, combined with the sale of several higher value rough diamonds in Q1 2022 generated an average price per carat (excluding top-up payments)