DIAMONDS
Canadian diamond junior Lucara Diamond’s Karowe mine, in Botswana, is expected to process between 2.4-million and 2.7-million tonnes of ore and produce between 270 000 ct and 290 000 ct of diamonds in 2018. In an update to shareholders on Thursday, the diamond miner noted that the performance of the mining contractor at Karowe had improved, with mined ore to increase from the estimated 1.4-million to 1.6-million tonnes forecast for the 2017 financial year.
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