Karowe Mine

Multinational engineering company Sandvik has received orders from Lucara Botswana, a subsidiary of TSX-listed Lucara Diamond Corp, to supply a 15-unit fleet of underground drills and loaders,... 

Diamond miner Lucara Diamond Corp’s revenue for the second quarter ended June 30 decreased by 6% year-on-year to $41-million, largely owing to lower carat sales through tender and a lower average... 

Diamond miner Lucara Diamond Corp has recovered a 1 305.4 ct diamond from its Karowe mine, in Botswana, marking the tenth diamond weighing more than 1 000 ct to be recovered at the mine. "The... 

Diamond producer Lucara Diamond Corp has applied to the TSX for a financial hardship exemption that would allow it to complete a deeply dilutive C$165-million private placement without shareholder... 

Independent diamond producer Lucara Diamond Corp, which owns and operates the Karowe mine, in Botswana, is planning to raise $70-million in a private placement of about 437.5-million shares at a... 

Lucara Diamond Corporation has awarded a lateral development contract to Group R Mining and Exploration Botswana. 

Canada-headquartered Lucara Diamond Corporation has awarded a lateral development contract for its Karowe underground project (UGP), in Botswana, to Group R Mining and Exploration Botswana. The... 

The sale of diamonds through tenders and auctions is opaque and inefficient and should be revamped for producers to earn more and to survive the current price slump, a leading gem trader said on... 

Lucara Diamond Corporation has drawn $10-million from a $63-million limited shareholder standby undertaking to address funding needs. 

Toronto-listed Lucara Diamond has drawn $10-million from a $63-million limited shareholder standby undertaking to address funding needs at its Karowe underground project (UGP) in Botswana. The... 

Canada-headquartered Lucara Diamond has recovered its second diamond of more than 2 000 ct from the Karowe mine in Botswana, underscoring the asset’s reputation for producing some of the world’s... 

Canada-headquartered Lucara Diamond has recovered its second diamond of more than 2 000 ct from the Karowe mine in Botswana, underscoring the asset’s reputation for producing some of the world’s... 

With South Africa’s share of global exploration expenditure in mining having dropped below 1% in recent years, the longevity of this legacy industry in the country depends on encouraging more... 

With South Africa’s share of global exploration expenditure in mining having dropped below 1% in recent years, the longevity of this legacy industry in the country depends on encouraging more... 

TSX- and BSE-listed Lucara Diamond has said there is “significant doubt” about its ability to continue as a going concern, after a drop in diamond sales and increased reliance on limited funding... 

In the ongoing development of its Karowe underground project (UGP) in Botswana, diamond miner Lucara Diamond Corporation has terminated its engineering, procurement and construction management... 

Lucara Diamonds has terminated its engineering, procurement and construction management contract with JDS Energy & Mining. 

Canada-headquartered Lucara Diamonds has terminated its engineering, procurement, and construction management contract with JDS Energy & Mining (JDS), effective March 31, as it transitions to... 

Underground development at diamond producer Lucara Diamond’s Botswana-based Karowe mine is expected to extend its operational life beyond 2040, with significant progress achieved in 2024,...