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Lucara Takes Direct Control of Karowe Underground Project

Lucara Diamond Corp. has announced a strategic shift in the management of its Karowe underground project (UGP) in Botswana. Effective 31 March 2025, Lucara will terminate its Engineering, Procurement and Construction Management contract with JDS Energy & Mining Inc. and transition to owner-managed operations for all site-based contracts and activities. …

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Botswana Mulls New Coal Plant as Morupule B Struggles to Deliver

Faced with persistent generation challenges at its flagship Morupule B power station, Botswana is considering the construction of a new 615-megawatt coal-fired power plant. The move comes as the troubled Morupule B, a 600-megawatt facility built in 2012, continues to operate below capacity due to frequent breakdowns and ongoing maintenance. …

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Botswana Bets on Glamour and Gen Z to Revive Diamond Fortunes

Botswana, the world’s diamond powerhouse, is embarking on a bold strategy to win over the hearts and wallets of affluent young Americans, aiming to counter the surge of lab-grown alternatives and reignite its struggling economy. With a savvy blend of luxury events and social media blitzes, the nation is targeting …

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