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
BDF visitation approval a welcome development

BDF camps are military camps, and there is a need for stricter rules and regulations to safeguard their operations as well as ensure the safety of civilians. Of course, military personnel are human, and they have relatives as well as girlfriends and boyfriends, but the fact remains that the BDF is responsible for ensuring national security and stability and, as such, will be one of the first targets in the event of possible attacks. The decision...

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