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Maroc Maroc - SUNDAYSTANDARD.INFO - A la Une - 09/Sep 12:30

Lucara taps shareholder cash to keep Karowe project alive

Sunday Standard Lucara taps shareholder cash to keep Karowe project alive Lucara Diamond Corporation has tapped into shareholder support to keep its underground expansion at Karowe Mine moving forward. The company announced that it has drawn ten million US dollars, about P135 million, from a standby facility provided by its largest shareholder, Nemesia S.à.r.l., the Lundin family’s investment arm. The standby line totals sixty-three million US […] The post Lucara taps shareholder cash to keep Karowe project alive first appeared on Sunday Standard and is written by Cedric Swanka

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