Lucara Diamond raises 2026 revenue guidance to $140–160 million
Lucara Diamond raised its 2026 revenue guidance and lowered its operating cost per tonne after reporting third-quarter 2026 results, Reuters said.
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what happened
Lucara Diamond reported its third-quarter 2026 results and lifted its 2026 revenue guidance to $140–160 million from $100–130 million, Reuters reported.
At the same time, the producer cut its operating cost per tonne processed forecast to $24–26 from $27.50–31.
why it matters
The update concerns a single diamond producer, so its reach beyond the sector is limited. Higher revenue guidance combined with lower unit costs points to stronger expected profitability for the company this year.
tags
instruments
sources
- Lucara Diamond Increases 2026 Revenue Guidance To $140 Million-$160 Million From $100 Million-$130 Million — Reuters, 13 November 2026 at 22:52 UTC
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