Lucara Diamond Corp. reports first quarter results

Lucara Diamond Corp. (TSX:LUC,NASDAQ:LUC) announced production results for the quarter ended March 2012.

Lucara’s Diamond President and CEO, William Lamb said:

This is a pivotal time for the Company. This quarter marks Lucara’s transition from development stage to a producing diamond mining company. I would like to thank the team involved with the construction of Karowe for their outstanding work. Not only have they built a state-of-the-art mine within budget but also began commissioning the mine within only 18 months of completing a feasibility study on the project – which is a remarkable achievement.

Read Lucara’s press release here.