- Write by:
-
Friday, June 25, 2021 - 17:36:17
-
366 Visit
-
Print
Mining News Pro - Botswana-focused Lucara Diamond Corp on Thursday announced C$38-million in financing to support the development and ongoing operation of its Karowe mine.
The Vancouver-headquartered company will raise C$22-million on a bought-deal basis at C$0.75 a share and C$16-million in a concurrent private placement to Nemesia and other investors.
BMO Capital Markets is the lead underwriter for the public offering. The underwriters have an option to purchase up to an additional 15% of the public offering to cover over-allotments if any. The offering will close on July 15.
The private placement will be on the same terms as the public offering and will also close on July 15.
Karowe delivered a 1 174 ct diamond this week – the third diamond weighing more than 1 000 ct to be recovered since 2015.
Short Link:
https://www.miningnews.ir/En/News/614742
Irish explorer Karelian Diamond Resources (AIM: KDR) said on Tuesday its search for precious stones in Finland has taken ...
An unusually warm winter in Canada this year has delayed the opening of a 400-kilometer (250-mile) ice road that is ...
Russia will regularly buy diamonds from sanctions-hit producer Alrosa through a state fund, the finance ministry said on ...
Antwerp’s diamond dealers face long and costly delays following an EU ban on Russian-origin diamonds that took effect on ...
Debswana Diamond Company’s sales of rough diamonds fell 25.1% in 2023, data released by Botswana’s central bank late on ...
Russia’s sanctions-hit diamond producer Alrosa on Wednesday reported 2023 net profit of 85.18 billion roubles ($925 ...
The World Federation of Diamond Bourses (WFDB) issued an open letter on Wednesday calling on the G7 nations and the ...
Christo Wiese, South Africa’s billionaire retail king, is going back to the future.
Anglo American will review its assets after a 94% plunge in annual profit and writedowns at its diamond and nickel ...
No comments have been posted yet ...