Lucara Q2 FY26 net income rises to $15.6 million; revenue slips 6% to $41 million vs Q2 FY25

Reuters2026/08/07 21:01

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Lucara posts Q2 revenue of USD 41 million, down 6% from Q2 2025; net income rises to USD 15.6 million from USD 12.5 million.
Carats sold drop to 58,553 from 77,167; operating cost falls 11% to USD 23.76 per tonne processed.
Recovered 90,082 carats, including 176 stones above 10.8 carats; open-pit mining stays on track to end in Q4 2026.
Recovered a 1,303-carat Type IIa diamond in July; licensed key production-shaft winders, supporting Karowe Underground Project readiness.
Maintains 2026 revenue outlook of USD 100 million to USD 130 million; underground full-scale production still targeted for H1 2028.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lucara Diamond Corp. published the original content used to generate this news brief via Cision (Ref. ID: 20260807:BIT:5524:0) on August 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Lucara Q2 FY26 net income rises to $15.6 million; revenue slips 6% to $41 million vs Q2 FY25

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