Lucara Diamond is advancing the AK6 diamond mine construction located in Botswana, on time and has completed more than 60% of construction. The South Africa steel industry’s ongoing industrial action has delayed the delivery of steel for the project.
Currently, the industrial action is in its second week and the National Union of Metal Workers of South Africa (NUMSA) taking the recent offer into account from the Steel and Engineering Industries Federation of South Africa (SEIFSA). On the other hand, the industrial action has stretched to other industries affecting the supply of electrical equipment and transportation.
Once the company ends the industrial action, the complete impact on the plan of the construction will be identified. As the short-term work is continued on site, the delivered steel is put up and the plan of the project tasks is prioritized again to ease the effects of future delayed deliveries. The additional updates will be provided by the company when there is availability of material information.
The CEO and President of the company, has stated that Lucara is expecting an immediate resolution to the industrial action plan. The company will be closely working with its EPCM partners to reduce the impact on the plan of the project.
Source: http://www.lucaradiamond.com/