2022–2025: Lucara Diamond (TSX/BSE) funded the Karowe Underground (US$683m capex, one of the world’s highest-value diamond mines) with a US$220m project financing from a lender group (ANRF, HB, Standard Bank, NBFI, and Chinese lenders), Botswana’s largest non-De Beers mining finance package of the window.
Value: US$683m project.
Advisers: not disclosed; lending group per Lucara announcements.
Recorded by The Meridian research desk from public announcements, regulatory filings and financial press coverage. Dates and values are as publicly reported.
