Lucara Diamond (TSE:LUC) has released an update.
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Lucara Diamond Corp. has reported a strong first quarter in 2024, with notable achievements including the continuous operation of the Karowe Mine without any lost time injuries for over three years, the recovery of significant high-quality diamonds, and the advancement of the Karowe Underground Project. The company also announced a new long-term diamond sales agreement and managed to mitigate inflationary pressures, achieving a slight reduction in operating costs and a total revenue of $41.1 million.
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