Lucara Diamond Corp. Update

Lucara Diamond Corp. (TSX:LUC,BOTS:LUC) announced a progress report on its Karowe Mine in Botswana.

As quoted in the press release:

Commissioning activities at the Karowe mine were completed during April 2012 and the process facilities have been handed-over to operations. Ramp-up to full production is in progress with a target of 50% of the design throughput during May and 75% in June. At the end of the second quarter the operations should be operating, as scheduled, at the full design capacity of 350 tonnes per hour.

Click here to read the Lucara Diamond Corp. (TSX:LUC) press release.