Lucara Diamond Corp. provided earnings and operating guidance for the full year of 2017. For the period, the company forecasts revenue of between $200 million to $220 million excluding the sale of the Lesedi La Rona diamond. The Karowe mine is forecast to process between 2.2 - 2.5 million tonnes of ore, producing between 290,000 and 310,000 carats of diamond. It is expected that the mine will process material largely from the south lobe during 2017. The overall grades of the south lobe are lower than the centre and north lobes resulting in lower diamond production, which is expected. Based on 2017 revenue guidance of $200 million to $220 million and the additional waste mining next year along with the completion of the company's capital program, the company forecasts a tax rate of between 22% to 25%. Capital projects are forecast at between $33 million to $35 million in 2017. The company is forecasting a tax rate of 42% for 2016.