• Kgalagadi South divides BPFOctober 17, 2025
    Some BPF members support UDC in upcoming by-election ‘UDC focused on retaining the seat, disregard BPF ‘ - Molutsi   BAKANG TIRO RelatedPosts Kgalagadi South divides BPF China woos the world Ramoreboli finds positives in loss editors@thepatriot.co.bw   Botswana… Read more: Kgalagadi South divides BPF
  • China woos the worldOctober 17, 2025
    Global players gather for2025 Belt and Road Cooperation Forum China uses forum to showcase capabilities, deepen partnerships DITIRO MOTLHABANE editors@thepatriot.co.bw RelatedPosts Kgalagadi South divides BPF China woos the world Ramoreboli finds positives in loss   KUNMING, CHINA: Delegates from… Read more: China woos the world
  • Ramoreboli finds positives in lossOctober 17, 2025
    RelatedPosts Kgalagadi South divides BPF China woos the world Ramoreboli finds positives in loss
  • How Zotus chose Kgalagadi Smart CityOctober 17, 2025
    KITSO RAAMONO editors@thepatriot.co.bw RelatedPosts Kgalagadi South divides BPF China woos the world Ramoreboli finds positives in loss   After years of exploring different investment destinations across the continent, international investment consortium Zotus Group has chosen Botswana as the home… Read more: How Zotus chose Kgalagadi Smart City
  • ODC purges unionists?October 14, 2025
    ‘Punishes employees for joiningdiamonds trade union’ – BDWU ‘We are working on responding to their requests’ -Mmetla Masire STAFF WRITER editors@thepatriot.co.bw RelatedPosts Kgalagadi South divides BPF China woos the world Ramoreboli finds positives in loss   Botswana Diamond Workers… Read more: ODC purges unionists?
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
  • Login
  • Register
Friday, October 17, 2025
The Patriot On Sunday
Advertisement
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
No Result
View All Result
Cart / $0.00

No products in the cart.

  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
No Result
View All Result
The Patriot On Sunday
No Result
View All Result

Lucara’s mining licence for Karowe renewed to 2046

patriot by patriot
February 8, 2021
in Business
0

Lucara Diamond announced on Monday that the application for the renewal of mining licence for its Karowe mine has been approved by Botswana’s Minister of Mineral Resources, Green Technology and Energy Security.

According to the company’s statement, the renewal is effective January 4, 2021 for a period of 25 years, securing Lucara’s mining rights to 2046 and marks a critical step in the formal sanction of the Karowe underground expansion project.

RelatedPosts

Global Expo 2025, Unveils P680 billionblitz

Banks report P5.98 billion loan defaults

BDC Group revenue surges to P802m

President and CEO Eira Thomas commented, “The receipt of our mining licence renewal and extension to 2046 is an important milestone for the Karowe underground expansion project, paving the way for the completion of a supplemental debt financing and full project sanction later this year. We look forward to continued cooperation and a mutually rewarding partnership with the Government of Botswana.”

The company said that the Karowe underground expansion project, which continued to advance in 2020 under a revised US $22 million budget in response to Covid, has an estimated capital cost of $514 million and a five-year period of development, with first ore anticipated from underground in 2026.

Lucara is a leading independent producer of large exceptional quality Type IIa diamonds from its 100% owned Karowe mine in Botswana.

Tags: KAROWElucara
Previous Post

Magapa bows out

Next Post

2020 best corporate leaders

Related Posts

Global Expo 2025,  Unveils P680 billionblitz
Business

Global Expo 2025, Unveils P680 billionblitz

October 14, 2025
Banks report P5.98 billion loan defaults
Business

Banks report P5.98 billion loan defaults

October 6, 2025
BDC Group revenue surges to P802m
Business

BDC Group revenue surges to P802m

October 6, 2025
Choppies gross profit hits P1.8 billion
Business

Choppies gross profit hits P1.8 billion

October 2, 2025
Tataki mine opens
Business

Tataki mine opens

September 22, 2025
Banks in P90.79 billion household debt
Business

Banks in P90.79 billion household debt

September 13, 2025
Next Post
2020 best corporate leaders

2020 best corporate leaders

Please login to join discussion
  • Kgalagadi South divides BPFOctober 17, 2025
    Some BPF members support UDC in upcoming by-election ‘UDC focused on retaining the seat, disregard BPF ‘ - Molutsi   BAKANG TIRO RelatedPosts Kgalagadi South divides BPF China woos the world Ramoreboli finds positives in loss editors@thepatriot.co.bw   Botswana… Read more: Kgalagadi South divides BPF
  • China woos the worldOctober 17, 2025
    Global players gather for2025 Belt and Road Cooperation Forum China uses forum to showcase capabilities, deepen partnerships DITIRO MOTLHABANE editors@thepatriot.co.bw RelatedPosts Kgalagadi South divides BPF China woos the world Ramoreboli finds positives in loss   KUNMING, CHINA: Delegates from… Read more: China woos the world
  • Ramoreboli finds positives in lossOctober 17, 2025
    RelatedPosts Kgalagadi South divides BPF China woos the world Ramoreboli finds positives in loss
  • How Zotus chose Kgalagadi Smart CityOctober 17, 2025
    KITSO RAAMONO editors@thepatriot.co.bw RelatedPosts Kgalagadi South divides BPF China woos the world Ramoreboli finds positives in loss   After years of exploring different investment destinations across the continent, international investment consortium Zotus Group has chosen Botswana as the home… Read more: How Zotus chose Kgalagadi Smart City
  • ODC purges unionists?October 14, 2025
    ‘Punishes employees for joiningdiamonds trade union’ – BDWU ‘We are working on responding to their requests’ -Mmetla Masire STAFF WRITER editors@thepatriot.co.bw RelatedPosts Kgalagadi South divides BPF China woos the world Ramoreboli finds positives in loss   Botswana Diamond Workers… Read more: ODC purges unionists?
The Patriot On Sunday

© 2024 Copyright The Patriot On Sunday - Inspired by Search Mart.

Navigate Site

  • About Us
  • Advertise
  • Disclaimer
  • Contact Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Login
  • Sign Up
  • Cart
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders

© 2024 Copyright The Patriot On Sunday - Inspired by Search Mart.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?