Lucara enters new deal with HB

Monday, February 19, 2024 | 770 Views |

From the soil: Karowe is the only other operating diamond mine outside the Debswana stable PIC: LUCARADIAMOND.COM

Diamond producer, Lucara, has agreed a new 10-year deal with HB Antwerp for the marketing of stones from Karowe Mine.

The new deal comes after Lucara terminated a previous 10-year deal with HB last September citing 'a material breach of financial commitments'.

A statement this morning from Lucara says the agreement covers stones larger than 10.8 carats.

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lucara diamond

The Projects Magazine today launched The Future of Mining Summit, set to become the country’s premier mining conference. The event is scheduled for 12th and 13th of June 2024, at Boipuso Hall, Fairgrounds in Gaborone.

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

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