Gloves off at Karowe Mine

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

Editor's Comment
Botswana must not be a flag of convenience for rogues

‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...

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