Lucara Diamond Corp. Karowe
Lucara Diamond Corp. Karowe

Lucara Diamond Corp.’s William Lamb has retired from his position as CEO, effective from today, Monday, 26 February 2018.

Eira Thomas, a founder and director of the company will assume the role of CEO. In addition, Catherine McLeod Seltzer, also a Lucara co-founder, will be joining the board of directors as Lamb retires from this position as well.

Under Lamb's leadership, Lucara’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 1 109 carat Lesedi La Rona (second largest gem diamond ever recovered) and the 813 carat Constellation (sold for a record US$63.1 million).

Lamb galvanised Lucara's reputation as an innovator, championing its technologically advanced mine design to optimize 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 Lamb for his many contributions during his tenure and is pleased to further announce that Lamb has agreed to remain closely associated with the company in an ongoing role as a technical advisor.

"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. Eira, as the new CEO, will be well supported by a focused 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," says Lamb.

Thomas brings more than 25 years’ experience in the mining industry, including 16 years with Aber Diamond Corporation (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.

She was co-founder of Stornoway Diamond Corp., serving first as CEO and then as executive chairman. There she led the acquisition of the Renard diamond deposit which subsequently became Quebec's first diamond mine. In 2007, she founded Lucara with partners Lukas Lundin and Catherine McLeod Seltzer.

Thomas most recently served as CEO of Kaminak Gold Corporation which was acquired by Goldcorp in 2016 for $520 Million.