Karowe Diamond Mine is expected to generate close to P46 billion in revenue upon completion of the mine's underground transformation which is projected for 2026.
The mine has been using the open pit mining method to extract ore and precious stones since 2012 when operations started.
Now with the lifespan of the open pit expected to come to an end in 2025, a switch is expected for underground shaft mining with mine ramp up expected to be in full production from quarter 2 of 2026.
With the underground project having been commissioned in 2019, construction commenced in 2020 with the proj...
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