Australian mining firm Lucapa Diamond has discovered a 104 ct diamond at the Lulo mine in Angola. Testing of at Yehuda colorimeter revealed that it was a type IIa diamond.
The D-Colour (colorless) stone is one of the four diamonds exceeding 100 ct recovered since the beginning of the year, and the fifth since mining operations at the project started. In February 2016, a 404 ct diamond was recovered at Lulo, the country’s largest stone so far.
The Lulo mine which has entered into exploitation in January 2015 is co-owned by Lucapa, Empresa Nacional de Diamantes A.P and Rosas & Petalas.
Angola is the world’s fourth diamond producer.
Gwladys Johnson
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
BOAD plans 750 billion CFA francs financing for Burkina Faso Funds to support key sectors and Rel...
Yassir moves into media distribution in France with the acquisition of Paris-based adtech firm Kaw...
Maluku SEZ to receive river dock to boost logistics Saphir Ceramics funds dock to improve exports via river Facility supports growing industrial...
UNCDF, Co-op Bank Kenya sign guarantee to boost digital lending Risk-sharing aims expand financing access for startups, platforms Deal supports...
UBA UK, BII sign intent to expand trade finance in Africa Partnership targets funding gaps for intra-African trade businesses Initiative aims...
Ghana to submit UN resolution on slave trade March 25 Draft seeks recognition as gravest crime against humanity Backed by AU, CARICOM; aims support...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...
Afreximbank launches Impact Stories season two highlighting trade-driven transformations Series features projects across Africa and Caribbean, from...