Lucara Diamond’s revenue totaled $120.5 million during the first half of 2022 compared to $99.4 million a year earlier, Rough & Polished reports.
In the second quarter of the year, Lucara raked in $52.3 million from its Karowe mine in Botswana. Lucara produced 86,317 carats from Karowe in Q2, compared to 101,330 carats a year earlier.
In a statement, Lucara said: “Solid market fundamentals supported diamond prices despite growing concerns of a global economic slowdown as high levels of reported inflation persisted and governments responded with increasingly forceful measures in attempts to reduce it to sustainable levels.”
