Lucara enters new deal with HB

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

Editor's Comment
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

Have a Story? Send Us a tip
arrow up