Karowe mine production cut 23%

Karowe is the only independent diamond mine( outside Debswana stable) operating in Botswana following the closure of two other recently( Lerala and  BK11)

The sales forecast for the year was reduced from 300 000 ct to 230 000 ct, while the production guidance was also reduced from 300 000 ct to about 270 000 ct. Commenting on the company's second-quarter results, CEO William Lamb said the reduction in sales was mainly the result of plant production restrictions caused by insufficient water being recovered from the initially installed dewatering wells.