Historic Karowe Mine targets P2.4bn revenues

Bullish: Karowe Mine expects to dig up more carats nest year
Bullish: Karowe Mine expects to dig up more carats nest year

Confidence still high from the recent discovery of the largest diamond in over a century, Canadian miner, Lucara Diamond Corporation is targeting revenue up to $220 million.

The revenue will range from $200 million to $220 million (P2.4 billion) from its Karowe mine next year.

The operating guidance excluded revenue from the sale of exceptionally high-value stones such as the 1,111-carat gem it unearthed last month, the company said in a statement.

Editor's Comment
Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

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