Lucara Diamond announces $38 million financing for Karowe in Botswana
Lucara Diamond (TSX: LUC) is raising $22 million in a bought deal financing to advance work at its 100%-owned Karowe diamond mine in central Botswana, about 350 km north of the…
Lucara Diamond
Lucara secures US$220 million for Karowe expansion
Canada’s Lucara Diamond (TSX:LUC) has secured up to US$220 million in credit-approved commitments for senior debt facilities, which will help it fund a five-year, US$514 million underground expansion of its Karowe mine…
Diamonds Snapshot: Seven small diamond producers and explorers to watch
The Covid-19 pandemic has choked off revenue for diamond producers and funding for diamond juniors for much of the year. But with the diamond trade slowly starting to reopen and…
Tectonic Metals drills high-grade gold at Tibbs project in Alaska
Tectonic Metals (TSXV: TECT; US-OTC: TETOF) has released the first set of drill results from the 2020 drilling campaign at its Tibbs gold project, located in the Goodpaster mining district, 175…
Top 10 Canadian-headquartered diamond companies
The Northern Miner presents the top-ten Canadian-headquartered diamond companies ranked by market capitalization as of late-June. 1. Lucara Diamond Market capitalization: US$185.6 million Lucara Diamond’s (TSX: LUC) key asset is…
Top 10 Canadian-based diamond companies
Canada is the world’s third-largest diamond producer in terms of volume in carats and value, according to production estimates of New York-based diamond analyst Paul Zimnisky. The Northern Miner has…