Gloves off at Karowe Mine

Tuesday, December 06, 2016

Volume of ore mined has emerged as the centre of dispute between Eqstra and Lucara Diamond

At least 450 miners are set to lose their jobs next week at Karowe Mine when Lucara Diamond Company terminates its half a billion rand a year contract with South African contract mining services firm, Eqstra Limited.

Triggered by a dispute reportedly centred on differences over volumes of ore mined by the contractor, Lucara has told Eqstra that the contract will be terminated on December13, 2016. The contract was due to end in December 2020.

Following the termination, Eqstra yesterday said it will seek to recoup damages from Lucara Diamond over the premature termination of the opencast mining contract.

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Gloves off at Karowe Mine

At least 450 miners are set to lose their jobs next week at Karowe Mine when Lucara Diamond Company terminates its half a billion rand a year contract with South African contract mining services firm, Eqstra Limited.

The projects magazine in collaboration with Stanbic bank launched the future of mining summit 2024

MISA Botswana celebrates World Press Freedom day

Unlawful wounding turns to murder

Mahalapye suspected copper cable thief nabbed

TAFIC targets top four finish

Selefu

Selefu

Repatriation underway for seven SA Pilgrims

Stakeholders must step up veggie supply