New CEO for Lucara Diamond

Under Lamb's leadership, the company's flagship Karowe mine has evolved into one of the world's highest margin diamond mines and the foremost producer of large, Type IIA diamonds in excess of 10.8 carats, including the historic 1109 carat Lesedi La Rona (second largest gem diamond ever recovered) and the 813 carat Constellation (sold for a record US$63.1 million).

According to the company, Lamb galvanised Lucara's reputation as an innovator, championing its technologically advanced mine design to optimise revenues and minimise diamond losses through both autogenous milling and the use of X-ray transmission sorters to preserve large, high value stones and to create a simpler, more secure and efficient flowsheet. The Board would like to sincerely thank William for his contributions during his tenure and is pleased to further announce that William has agreed to remain closely associated with the company in an ongoing role as a technical advisor.

Lamb remarked: "I am proud to have served as Lucara's CEO for almost a decade, during which time, Karowe was taken from feasibility through to a steady state, world class, operating diamond mine. The recent acquisition of Clara marks an exciting milestone for the company and is consistent with our approach of looking well beyond existing industry practice, adopting innovation and progressive development as a key pillar of the company's success. Eira, as the new CEO, will be well supported by a focussed and experienced team at Karowe as we look to expand the mine undergound, and I am pleased to be taking on a key advisory role as we embark upon this next, exciting phase in Lucara's development."

 

Chairman of the company, Lukas Lundin, commented: "I would like to welcome Eira into her new role of CEO of Lucara and commit my support to the ongoing and long-term success of the company as we work to execute on an exciting new growth opportunity with the acquisition of Clara Diamond Solutions. We believe that Clara will not only modernise the entire diamond sales process but unlock additional value for all participants across the diamond market. Given Eira's deep understanding of our business and her relationships across the diamond world, she is uniquely positioned to lead both Lucara's operating business and this exciting new initiative. I would also like to personally thank William for his dedication and passion, taking Lucara from a development opportunity through to one of the most successful and profitable diamond mines, creating history through the adoption of innovative technology."

Assuming the role of CEO, Eira brings more than 25 years’ experience in the mining industry, including 16 years with Aber Diamond Corp. (now Dominion Diamond), where she served in ever increasing roles from initial discovery as a geologist to Vice President Exploration and ultimately a Director of the Board.

Read the article online at: https://www.globalminingreview.com/finance-business/27022018/new-ceo-for-lucara-diamond/