Botswana renews Lucara’s mining license Botswana’s Ministry of Mineral Resources has renewed Lucara Diamond’s mining license for Karowe Mine for a period of 25 years. The licence renewal secures Lucara’s mining rights up to the year 2046. Lucara CEO and president Eira Thomas said the renewal of the licence and extents extension to 2046 is an important milestone for the Karowe underground expansion project, paving the way for the completion of a supplemental debt financing and full project sanction later this year. “Lucara is grateful for the confidence and support demonstrated by the Government of Botswana as we work to expand our operations at Karowe underground, for the benefit of the Government and the people of Botswana together with Lucara’s shareholders,” Thomas said.