(Ecofin Agency) - Miner Lucara Diamond has recorded during the first quarter of 2016, financial results, better than in Q1 2015.

According to the new results, the firm had $50.6 million of revenues against $29.6 million during the first semester of 2015. Adding the $53.1 million it got from the Karowe diamonds sales last month, revenues total $100 million. Treasury was at $144.3 million last quarter against $87.5 million in 2015. Revenues before interests, tax, depreciation and provisions (EBITDA) over the period were $30.7 million with a 61% margin, while in Q1 2015 they were $11.9 million.

Also, the firm declined all responsibility regarding the rehabilitation of the Mothae project, estimated to about $2 million, as it transferred its stake in Mothae Diamonds to the government of Lesotho.

The company’s CEO, William Lamb has in fact said the sale of the Lesedi La Rona diamond; second biggest in the world weighing 1,109 ct already has picked the interest of many.

Lucara Diamond Corp is Canadian diamond miner who holds 100% of the Karowe project in Botswana.

Louis-Nino Kansoun