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Lucara see growth opportunities at Karowe

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LoM of Karowe diamond Extended from 2026 to 2036 Diamonds recovered by Lucara to be over 300K carats Lucara Diamond announced its outlook for 2019 and said; revenue is forecast to be between $170 million and $200 million!   Karowe 2019 operating cash costs are forecast to be around $32.00 - $37.00 per tonne processed, significantly lower than in 2018, where the operating cash cost per tonne processed is expected to be between $38.00 and $42.00. The completion of a Feasibility Study for underground mine advancement is a key focus for this year, with a 2019 budget of $14.8 million to complete geotechnical and hydro geological drilling programs, economic and other studies which started in 2018. Eira Thomas, President & CEO commented: "Having stabilized and significantly improved our mining operations at Karowe in 2018, Lucara is now focused on optimizing the base business and pursuing a suite of high potential, organic growth opportunities.  The comp