Industry News by Nemesis

Lucara engages new mining contractor at Karowe

January 31, 2017

Lucara Diamond has appointed Moolman Mining Botswana (Aveng Moolmans) as its new mining contractor at Karowe diamond mine in Botswana. 


Aveng Moolmans was contracted for a six year-period to provide the full suite of mining services at the mine, including all drill, blast, load and haul functions for both ore and waste. 


"We are very pleased to have engaged Aveng Moolmans as our new mining partner at the Karowe mine,” said company chief executive William Lamb. 


“Their extensive expertise in working in Botswana and other African countries together with their proven track record and their ability to achieve production volumes over the contract period, makes them a valuable partner as we work to maximize the future value of this incredible resource, at Karowe, for our shareholders and all our stakeholders in Botswana.”

 

Aveng Moolmans was expected to commence mobilisation of equipment to site this month and February. 


It was also expected to commence mining activities early March. 


Lamb said the company had since December continued to process ore from the south and centre lobe stockpiles. 


This, he said, would see the company achieve its production and operating guidance for the year. 


Lucara terminated its mining services contract with South African company Eqstra late last year. 


The contract was due to end in December 2020, but Lucara allegedly told Eqstra that it would be terminated prematurely. 


The termination was prompted by differences over volumes of ore mined by the contractor, according to local media reports. 

 

Source: Rough-polished

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