{"id":38829,"date":"2023-11-19T07:37:15","date_gmt":"2023-11-19T07:37:15","guid":{"rendered":"https:\/\/www.africa-press.net\/botswana\/?p=38829"},"modified":"2023-11-19T06:55:12","modified_gmt":"2023-11-19T06:55:12","slug":"lucara-to-spend-us-20-3-million-on-prospecting","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/botswana\/all-news\/lucara-to-spend-us-20-3-million-on-prospecting","title":{"rendered":"Lucara to spend US 20.3 million on prospecting"},"content":{"rendered":"

Africa-Press – Botswana. <\/strong><\/span>Lucara Diamond Corp praised its sparkling third quarter results saying they put it in a good mood for underground mining prospects.<\/b><\/p>\n

The diamond miner\u2019s results to the end of September 2023 were ahead by 14 percent to US $ 56.9 million or P 775 million, like -on-like.<\/p>\n

The move was also aided by the low operating costs which were slow at US $28.62 per ton as oppose to the average of US $32.5- to US $35.50. The chief executive officer and President of Lucara Diamond Corp William Lamb commented in a statemen: \u201cThe third quarter results for the company were very good when considering market dynamics and the current state of the diamond sector\u201d<\/p>\n

The Canadian outfit which owns Korowe Mine \u2013 about 15 kilometres outside Letlhakane village \u2013 said it managed to process 98,311 carats of rough diamonds.<\/p>\n

The junior miner is aiming to extend the life-span of its asset to 2040 by going underground from 2028. It said it will make a cash injection of US $ 20.3 million towards prospecting that will lead to underground mining.<\/p>\n

For More News And Analysis About Botswana<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Botswana. Lucara Diamond Corp praised its sparkling third quarter results saying they put it in a good mood for underground mining prospects. The diamond miner\u2019s results to the end of September 2023 were ahead by 14 percent to US $ 56.9 million or P 775 million, like -on-like. The move was also aided […]<\/p>\n","protected":false},"author":84,"featured_media":38828,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,12],"tags":[233,237,234],"class_list":["post-38829","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-policy","tag-africa-press","tag-africa-press-botswana","tag-botswana"],"yoast_head":"\nLucara to spend US 20.3 million on prospecting - Botswana<\/title>\n<meta name=\"description\" content=\"Lucara Diamond Corp praised its sparkling third quarter results saying they put it in a good mood for underground min ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/botswana\/all-news\/lucara-to-spend-us-20-3-million-on-prospecting\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lucara to spend US 20.3 million on prospecting\" \/>\n<meta property=\"og:description\" content=\"Lucara Diamond Corp praised its sparkling third quarter results saying they put it in a good mood for underground min ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/botswana\/all-news\/lucara-to-spend-us-20-3-million-on-prospecting\" \/>\n<meta property=\"og:site_name\" content=\"Botswana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-19T07:37:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2023\/11\/sm_1700364131.946493.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"985\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/lucara-to-spend-us-20-3-million-on-prospecting#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/lucara-to-spend-us-20-3-million-on-prospecting\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Lucara to spend US 20.3 million on prospecting\",\"datePublished\":\"2023-11-19T07:37:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/lucara-to-spend-us-20-3-million-on-prospecting\"},\"wordCount\":184,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/lucara-to-spend-us-20-3-million-on-prospecting#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2023\/11\/sm_1700364131.946493.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Botswana\",\"Botswana\"],\"articleSection\":[\"all news\",\"head lines\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/botswana\/all-news\/lucara-to-spend-us-20-3-million-on-prospecting#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/lucara-to-spend-us-20-3-million-on-prospecting\",\"url\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/lucara-to-spend-us-20-3-million-on-prospecting\",\"name\":\"Lucara to spend US 20.3 million on prospecting - 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