- CEO
- William Lamb
- Full Time Employees
- 324
- Sector
- Basic Materials
- Industry
- Other Precious Metals
- Address
- 1250 Homer Street Vancouver BC Canada V6B 2Y5
- IPO Date
- Feb 7, 2006
- Business
- Lucara Diamond Corp. is a Canadian diamond mining company that owns and operates the Karowe Mine in Botswana, one of the world's leading producers of large, high-quality Type IIA diamonds exceeding 10.8 carats; the mine has yielded historic gems including the 2,488-carat Motswedi, 1,758-carat Sewelô, 1,109-carat Lesedi La Rona, and 813-carat Constellation, which sold for a record US$63.1 million. Founded in 2009 and headquartered in Vancouver, British Columbia, the company focuses on the extraction, processing, and sale of gem-quality rough diamonds through tenders and long-term sales agreements; it also maintains exploration licenses in Botswana and operates Clara Diamond Solutions, a secure digital sales platform for tracing diamonds from mine to market. Listed on the TSX (LUC), Nasdaq First North Growth Market, and Botswana Stock Exchange, Lucara conducts global diamond sales and marketing, primarily targeting high-value buyers via Antwerp-based partnerships. Recent developments include a new 10-year diamond sales agreement with HB Antwerp effective December 2023 for +10.8 carat stones based on polished outcome estimates and top-up payments; execution of a lateral development contract with Group R Mining and Exploration Botswana in December 2025 for the Karowe Underground Project; a strategic shift in underground project management announced in March 2025; a $10 million draw from a limited shareholder standby undertaking in August 2025; and record annual production in 2024 alongside exceptional diamond recoveries such as the 2,488-carat stone.