BSE-listed Canadian mining junior Lucara Diamond Corporation is exploring options to raise over $700 million to complete the Karowe Mine Underground Project (UGP), the company announced in its year-end results.
Lucara has already incurred $469.4 million in costs for the underground project and acknowledged that raising the remaining funds will be a daunting task.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased
