/PRNewswire/ (TSX: LUC) (BSE: LUC) (Nasdaq Stockholm: LUC) Lucara Diamond Corp. ("Lucara" or the "Company") today reports its results for the second quarter.
Underground Expansion at Jwaneng to Boost Debswana Revenue April 26, 21 by John Jeffay
(IDEX Online) - The planned expansion of Botswana s flagship Jwaneng mine should help to create over $920m of extra revenue in the next four years, said operator Debswana.
The company, a joint venture between De Beers a
nd the government, will begin underground mining after 50 years of open-cast operations at Jwaneng, the richest diamond mine in the world by value. Early access is expected by 2023 with full production from 2034. At full operation, Jwaneng will be the world s largest underground mine with a more than 360 km of tunnel network, Thabo Balopi, Debswana s head of transformation and innovation, told a briefing with investors and media.