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Lucara gets credit approved commitments for Karowe debt package

$220M debt to help fund underground development

Oonagh Reidy
Lucara Diamond's Karowe open pit mine is located in Botswana

Lucara Diamond's Karowe open pit mine is located in Botswana

The package will comprise of two tranches: a project finance facility of $170 million to fund the underground expansion and a working capital facility of US$50 million to bankroll the ongoing operation...

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