Historic Karowe Mine targets P2.4bn revenues

Bullish: Karowe Mine expects to dig up more carats nest year
Bullish: Karowe Mine expects to dig up more carats nest year

Confidence still high from the recent discovery of the largest diamond in over a century, Canadian miner, Lucara Diamond Corporation is targeting revenue up to $220 million.

The revenue will range from $200 million to $220 million (P2.4 billion) from its Karowe mine next year.

The operating guidance excluded revenue from the sale of exceptionally high-value stones such as the 1,111-carat gem it unearthed last month, the company said in a statement.

Editor's Comment
Mind your health

They've repeatedly warned that hypertension, or high blood pressure, often termed a chronic lifestyle disease, is a silent killer. It's crucial for everyone to be aware of their health status. Nowadays, many companies host wellness days, offering free disease screenings to employees!Unfortunately, even with such services, some choose not to take advantage of the opportunity.The Dutch Reformed Church in Botswana recently organised a...

Have a Story? Send Us a tip
arrow up