Canada’s Lucara Diamond advances Botswana project

Lucara Diamond invests in Botswana. Photo by Lucara Diamond


Investment progresses Canadian miner Lucara Diamond has announced that work on the underground expansion project at its Karowe mine in Botswana progressed well during the past quarter. 


“This key growth initiative remains on track with the rebase schedule and budget, positioning us to access the higher-value ore from the underground portion of the ore body, early in 2028,” the business said in a statement. 


William Lamb, the firm’s President and CEO, commented: "Our Karowe diamond mine delivered another solid operational quarter, continuing its track record of sustainable diamond production from this world-class asset. The Company's high-value diamond production forecast remains robust, underpinned by our focus on operating practices aligned with leading environmental, social and governance standards.”