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Lucara Diamond locks in $220 million loan for Karowe expansion

Cecilia Jamasmie | July 12, 2021 | 10:03 am News Africa Diamond 

Canada’s Lucara Diamond (TSX: LUC) has signed a loan for $200 million, which will help it fund a five-year, $514 million underground expansion of its Karowe mine in Botswana. The package, announced in May,  consists of a project finance facility of $170 million for the expansion...

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