Botswana-focused Lucara Diamond Corp on Thursday announced C$38-million in financing to support the development and ongoing operation of its Karowe mine. The Vancouver-headquartered company will raise C$22-million on a bought-deal basis at C$0.75 a share and C$16-million in a concurrent private placement to Nemesia and other investors.
Tag: DMCC
The diamonds on the tender achieved a total sales price of US$21.4 million, representing an average price of US$34,548 / carat. The post Latest sale of Lulo diamonds reflect diamond market bounce back appeared first on Miningreview.com.
The pressure and desire for the mining industry to reduce green-house gas emissions is mounting, and with that the trend for renewable energy is gaining momentum. The post Webinar 15 July: 3 key considerations for sustainable power generation for African mines appeared first on Miningreview.com.
The proceeds will be used for working capital to support the development and ongoing operation of the Karowe diamond mine. The post Lucara enters agreements to raise funds for Karowe expansion appeared first on Miningreview.com.
Mine.it Africa – Connect is the result of innovative and successful digital and online engagement by Clarion Events. The post Now you can access DRC Mining Week Online content on demand! appeared first on Miningreview.com.
Diamond miner De Beers recorded $470-million of rough diamond sales in its fifth sales cycle of this year. This is higher than the $385-million recorded in the fourth sales cycle of this year and significantly higher than the $56-million earned for the combined fourth and fifth sales cycles of 2020.
