Lucara's goose to lay more golden eggs

Karowe Mine
Karowe Mine

Lucara Diamond Corporation expects this year’s revenues from its proverbial goose that lays the golden eggs, Karowe Mine to reach between $180 million and $210 million (between P1.95 billion and P2.3 billion).

This will be a bump from the $125.3 million (P1.4 billion) in revenues recorded for 2020.

In a recent presentation of financials to investors, the Canadian firm said it expects diamond sales of up to 390,000 carats. In the year ended December 31, 2020, Lucara sold 373,748 carats at an average price of $335 per carat.

Editor's Comment
Routine child vaccination imperative

The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...

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