OTHER

Lucara's Karowe delivers 223ct diamond

Botswana mine's South Lobe coming into its own

Staff Reporter

This article is 5 years old. Images might not display.

CEO Eira Thomas said the high-white gem diamond would be shown alongside the 240ct and 127ct top white gem diamonds recovered in January, at the upcoming March 7 tender.

"2019 is off to a great start, with several, high-quality diamonds in excess of 100ct having been recovered by mid-February, a testament to the strong, stable operating environment that has prevailed at Karowe since late 2018," she said.

The company expects to mainly mine the high-value South Lobe in 2019, including contributions from the newly refined EMPKS unit, which is understood to be the source of the mine's two largest diamonds to date.

Karowe currently has openpit reserves of 2.6 million carats, with a mine plan extending out to 2026.

The company is completing a feasibility study that could expand mining underground and extend the mine's life to 2036 and beyond.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

editions

Mining Journal Intelligence World Risk Report 2024 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 117 jurisdictions globally, assessed across six risk categories and an industrywide survey.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.