Lucara Diamond Corp. · TSX:LUC

Lucara Diamond — Q3 2015 Earnings Presentation

9 slides from Lucara Diamond's earnings presentation, Nov 5, 2015

  1. Slide 1: Third Quarter 2015 Results Presentation

    TSX – LUC OMX – LUC Third Quarter 2015 Results Presentation BOTSWANA ‐ LUC November 5, 2015

  2. Slide 2: Index

    2 Index Third Quarter Highlights 3‐4 Karowe Operational Review 5‐6 Lucara Financial Highlights 7 Plant Optimization Status 8 2015 Outlook 9

  3. Slide 3: 2015 Third Quarter Highlights

    3 2015 Third Quarter Highlights  Cash Flow and Diamond Revenues:  The Company achieved third quarter revenues of $90.9 million from the sale of 83,960 carats ($1,081 per carat).  Revenues to the end of the third quarter was $158.6 million achieving $560 per carat.  Net cash position of $122.7 mi

  4. Slide 4: 2015 Third Quarter Highlights

    4 2015 Third Quarter Highlights  Exploration:  Bulk sample plant was commissioned in August and was tested with Karowe grade ore from Karowe. Permits to extract from BK02 were received in October 2015.  Bulk sampling activities at BK02 have commenced with the processing of a 5000 tonne sample exp

  5. Slide 5: 2015 Karowe Third Quarter Operational Review

    5 2015 Karowe Third Quarter Operational Review 201 Year to date Year to date Quarter Quarter Production Information Q3 2015 Q3 2014 Q3 2015 Q3 2014 Ore processed (tonnes) 1,671,008 1,854,825 560,501 509,283 Ore mined (tonnes) 2,148,322 2,570,082 864,180 1,003,312 Waste mined (tonnes) 10,746,948 7,79

  6. Slide 6: Karowe

    6 Karowe Pink Diamond (8.03 carats) – to Completed Capital Program be sold in the November 12th Exceptional Stone Tender Bulk Sample Plant

  7. Slide 7: 2015 Lucara Third Quarter Financial Highlights

    7 2015 Lucara Third Quarter Financial Highlights Year to date Year to date Quarter Quarter USD millions Q3 2015 Q3 2014 Q3 2015 Q3 2014 Revenues 158.6 195.0 90.9 91.3 Royalty expenses 15.9 19.5 9.1 9.1 Operating expenses 37.2 37.9 10.9 14.1 Administration/sales and marketing/exploration 10.2 11.8 4.

  8. Slide 8: Plant Optimization Status

    8 Plant Optimization Status Plant Optimization Status  XRT machines have continued to perform well recovering several of the large, exceptional diamonds in the Company’s November Exceptional Stone Tender.  Recovery of the fine diamonds improved during the quarter as changes were made to the dense

  9. Slide 9: 2015 Karowe Outlook Remains Unchanged

    9 2015 Karowe Outlook Remains Unchanged Revenue (US$ million) $200 ‐ $220 Sales (thousand carats) 350 ‐ 400 Tonnes of ore processed (million tonnes) 2.2 ‐ 2.3 Ore mined (million tonnes) 2.5 ‐ 2.8 Waste mined (million tonnes) 12.0 ‐ 12.5 Operating cash costs per tonne ore processed (dollars) $33 ‐ $3

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