Lucara Diamond starts shaft-sinking at $547m Karowe mine expansion
Mining News Pro - Canada’s Lucara Diamond is moving towards the main shaft sinking phase at the underground expansion project of its Karowe mine in Botswana, which will extend the operation’s life until 2040.
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Expansion of Lucara’s Karowe mine to take longer and cost more
Mining News Pro - Canada’s Lucara Diamond (TSX: LUC) has adjusted the cost and timeline of the underground expansion of its Karowe mine in Botswana, one of the world’s most prolific sources of large, high value type IIA diamonds.
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Lucara signs $220m senior debt facilities to expand its Karowe mine
Mining News Pro - Canadian miner Lucara Diamond has signed loan documentation in relation to its previously announced senior secured project financing debt package of $220-million between Lucara Botswana as the borrower and a syndicate of five mandated lead arrangers (MLAs).
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Lucara pulls 1,758-ct near gem from Karowe mine
Mining News Pro - Lucara Diamond Corp., headquartered in Vancouver, has pulled another gigantic diamond from its Karowe mine. It is described as weighing 1,758 carats, variable quality near gem. It is the largest stone ever mined at Karowe.
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