Lucara Diamond announced it has ended its contract with Eqstra Botswana who provides it mining services at its Karowe diamong project in Bostwana.
The firm highlighted said the five-year contract, signed in December 2014, was terminated on November 29, 2016, and that all associated works were to end on December 13, 2016. It added that it has already started seeking for another mining contractor.
“Operations on site continue with the plant being fed with stockpiled material from the south lobe. The change in mining contractor is not expected to have any material impact on production,” Lucara said.
The Lulo diamond project covers 3,000 km² and is located in the Lunda Norte province, 630 km east of Luanda, the capital.
Louis-Nino Kansoun
Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...
Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...
Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...
From WHO-led efforts to strengthen pandemic preparedness to measles vaccination drives in Uganda, al...
Jetour to produce T1, T2 SUVs in South Africa from 2027 Chery to acquire Rosslyn plant, cre...
Côte d’Ivoire and Benin join other WAEMU states in raising fuel prices after global oil surge Brent crude has climbed about 60% since the Iran conflict...
Ivory Coast received 24,185 applications for 3,225 available teacher training and civil service positions in 2026. Candidates face intense competition,...
Ivory Coast adopted two draft laws to reform banking and microfinance regulations. The banking reform introduces Islamic finance, fintech companies and...
Gabon created a National Public Debt Committee to oversee debt policy, coordination and control. The government also launched an audit to determine the...
UK museum to return 45 Botswana artifacts after 150 years Items collected in 1890s; restitution follows Botswana request Return tied to...
The history of Kerma stretches back several millennia. Located in what is now northern Sudan, the site was inhabited as early as prehistoric times....