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Mining

Botswana : Lucara Diamond ends contract with Eqstra at Karowe mine

Tuesday, 06 December 2016 15:14

(Ecofin Agency) - 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





 
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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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