Lucara's December Diamond Tender Exceeds Expectations
VANCOUVER, December 18, 2019 /CNW/ - (LUC – TSX, LUC – BSE, LUC – Nasdaq Stockholm) Lucara Diamond Corp. (“Lucara” or the “Company”) is pleased to report that its final diamond tender of 2019, held on December 12th, generated sales proceeds of US$52.9 million, 16% higher than expected, and achieved an average price of US$548 per carat. Market pricing improvements were noted in all size classes. The December tender puts Lucara’s 2019 revenueat $192.5 million exceeding the 2019 revenue guidance of $170 - $180 million. 2019 SALES HIGHLIGHTS · Total proceeds of US$192.5 million (