Angola has announced that Russian shares in two of its major diamond mines have been sold to an Omani-backed fund as a result of international sanctions, a government official said. Russia’s diamond giant Alrosa was until now a joint owner of Angola’s Catcoa mine, the fourth-largest in the world, and Luele mine, in partnership with … Read more
De Beers says it has identified eight new high-potential kimberlite sites in Angola, according to the Portuguese news agency Lusa.
Namibia is one of Africa’s top five diamond exporters, right behind Angola, Botswana, and South Africa.
Lucapa today (25 June) announced the sale of its 70 per cent stake in the Mothae mine, in Lesotho, to a local contractor for a nominal sum. The Australian miner said it wanted to to focus on its core assets in Africa, where it has a 40 per cent stake in the Lulo alluvial mine, … Read more
Lucapa Diamonds recovers two diamonds of over 100 ct
Lucapa reported a slight increase in total rough sales for FY2023 in what it described as a solid performance.
Lucapa Diamond has recovered a 208 carat diamond at its prolific Lulo mine in Angola, the third largest ever found at the operation.
Anglo announces latest De Beers’ rough diamond sales value
Lucapa Diamond Company has recovered one of the largest pink diamonds in history: a 170-carat stone from the Lulo mine in Angola. The type IIa rough, named the Lulo Rose, is “believed to be the largest pink diamond recovered in the last 300 years,” Lucapa said Wednesday. It is also the fifth-largest diamond from Lulo, … Read more
De Beers is to start diamond exploration in Angola later this year after signing two mineral investment contracts with the Angolan government but the secretive group is giving little away on the details of the agreements. De Beers announced today that the two licences covering prospects in the north-east of the country are for the … Read more