Lucara Diamond Corp

Lucara Diamond Corp is a Canadian diamond mining company that operates the Karowe Diamond Mine in Botswana. The company was founded in 2007 and is headquartered in Vancouver, British Columbia. Lucara is known for its discovery of the 1,109-carat Lesedi La Rona diamond in 2015, which is one of the largest diamonds ever found. The company is focused on sustainable mining practices and has implemented various initiatives to reduce its environmental impact. Lucara is also committed to supporting the local communities in which it operates through various social responsibility programs.

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The competitive edge of Lucara Diamond Corp is its focus on large, high-value diamonds. The company's flagship mine, the Karowe Mine in Botswana, has produced some of the largest diamonds in history, including the 1,109-carat Lesedi La Rona and the 813-carat Constellation. Lucara's expertise in the recovery and sale of these exceptional stones has allowed the company to achieve premium prices and strong margins.

In addition, Lucara has invested in advanced technology and processes to improve diamond recovery and reduce costs. The company's XRT diamond recovery technology has been highly effective in identifying and extracting large diamonds, while also reducing the amount of waste material processed. This has resulted in lower operating costs and improved efficiency.

Overall, Lucara's focus on large, high-value diamonds and its investment in advanced technology and processes give the company a unique competitive edge in the diamond industry.


1. Limited production capacity: Compared to some of its peers, Lucara Diamond Corp has a relatively small production capacity, which limits its ability to generate revenue and compete in the market.

2. Dependence on a single mine: The company's revenue is heavily dependent on the performance of its single mine, the Karowe mine in Botswana. Any disruptions or issues at the mine could significantly impact the company's financial performance.

3. Limited geographic diversification: Lucara Diamond Corp operates only in Botswana, which limits its exposure to other potentially lucrative diamond markets and increases its vulnerability to political and economic instability in the region.

4. High operating costs: The company's operating costs are relatively high compared to some of its peers, which can impact its profitability and ability to compete in the market.

5. Limited marketing and distribution capabilities: Lucara Diamond Corp has limited marketing and distribution capabilities compared to some of its larger peers, which can limit its ability to reach new customers and expand its market share.

6. Limited product diversification: The company primarily produces large, high-value diamonds, which limits its ability to diversify its product offerings and appeal to a wider range of customers.

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Primary Info
Date Established
1250 Homer Street Suite 502, Vancouver, BC V6B 2Y5, Canada
Website Data
Meta Title
Title tag: LUCARA DIAMOND CORP. | Exceptional Diamond Production
Meta Description
Canadian diamond mining company that operates the Karowe Diamond Mine in Botswana, known for its discovery of the 1,109-carat Lesedi La Rona diamond in 2015, and is committed to sustainable mining practices and supporting local communities.
Main Header
Lucara DiamondThe Future of the roughdiamond marketplace
Second Title
Karowe Mine, diamond, mining, Botswana, Canada, Lucara, Lundin

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