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
Gov't must guard against cadre deployment

As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...

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