BRIEF-Lucara Provides Operating Outlook For 2019

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BRIEF-Lucara Provides Operating Outlook For 2019

posted on Jan 08, 2019 06:34AM

2019-01-08 06:21:42 AM ET (Reuters)

Jan 8 (Reuters) - Lucara Diamond Corp:

* LUCARA PROVIDES OPERATING OUTLOOK FOR 2019

* REVENUE IS FORECAST TO BE BETWEEN $170 MILLION AND $200 MILLION FOR 2019

* SEES 2019 REVENUE FORECAST TO BE BETWEEN $170 MILLION AND $200 MILLION

* FOR 2019, WASTE MINING IS EXPECTED TO BE BETWEEN 6.0 MILLION AND 9.0 MILLION TONNES, DOWN SIGNIFICANTLY FROM 2018 LEVELS

* SEES KAROWE 2019 OPERATING CASH COSTS TO BE BETWEEN $32- $37 PER TONNE PROCESSED, SIGNIFICANTLY LOWER THAN IN 2018

* LUCARA DIAMOND- FY 2019 ORE MINING AND TONNES PROCESSED ARE EXPECTED TO BE BETWEEN 2.5 MILLION AND 2.8 MILLION TONNES, MATCHING 2018'S RECORD MILL THROUGHPUT

* SEES 2019 KAROWE MINE DIAMOND SALES BETWEEN 300,000 CARATS TO 320,000 CARATS Source text for Eikon: Further company coverage:

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