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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.

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Editor's Comment
Celebrate responsibly, put safety first this holiday

“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...

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