Botswana diamond mine expansion, now costing $683 Million, faces new review and delays
1 September 2025 • Lucara secures $10M loan for Karowe underground project• UGP faces delays, costs rise to $683M• Diamond market slump…
Tag: Lucara Diamond
Botswana still wants HB Antwerp model, even without HB
17 November 2023 Botswana miner Lucara Diamond may have nixed its agreement to sell all its big stones to HB…
Botswana reassessing HB Antwerp deal after Lucara Diamond cuts ties
28 September 2023 GABORONE (Reuters) – Botswana’s government is reassessing a proposed deal with HB Antwerp after Lucara Diamond terminated…
Lucara unearths 692-carat diamond at Karowe mine in Botswana
22 August 2023 Lucara Diamond (TSX: LUC) has recovered a 692.3-carat diamond from its 100% owned Karowe diamond mine in Botswana.…
Lucara kicks off 2021 with 341-carat white diamond find
Canada’s Lucara Diamond (TSX: LUC) has found an unbroken 341-carat white gem-quality rock at its prolific Karowe Mine in Botswana, with analysts…
Botswana extends Lucara Diamond’s mining licence to 2046
Botswana’s government has renewed Lucara Diamond’s licence for its Karowe mine for another 25 years, the company said on Tuesday.…
Lucara revises plans for Karowe’s P6bn underground project
Lucara Diamond is reworking its $514 million (P6.2 billion) plans for an underground mine, moving key works to next year…
Lucara finds another big diamond at its Karowe mine in Botswana
Canada’s Lucara Diamond (TSX:LUC) has unearthed a 123-carat, gem-quality, top white Type II diamond at its Karowe mine in Botswana.…