Lucara seeking $100m sales/year acquisition

[miningmx.com] – LUCARA Diamond Corporation is seeking to buy or join with another diamond mining company in Africa with annual sales of at least $100m, said Bloomberg News citing the firm’s CEO, William Lamb.

“That’s really what we want to focus on,’ Lamb told Bloomberg News. “We’re still only a company of one asset. To de-risk you want at least two assets, two producing entities,’ he said.

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