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Lucara board approves $514m Karowe mine expansion

Cecilia Jamasmie | September 09, 2021 | 9:10 am News Africa Canada Diamond 

Canada’s Lucara Diamond (TSX: LUC) has announced its board has formally accepted a planned underground expansion of the Karowe mine in Botswana, which is expected to extend the operation’s life for 20 years — until 2040. The Vancouver-based miner said the approval follows the financial closure and satisfaction of all conditions precedent to a...

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