Mining

Angola : Lucapa recovers 104 ct at Lulo

Friday, 23 September 2016 23:12

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

On the same topic
AD Ports acquired 19.328% of Alexandria Container & Cargo Handling Company (ALCN) for about EGP 13.2 billion ($276.7 million). ALCN increased...
Barrick Mining reached a formal agreement with Mali that ends all disputes over Loulo-Gounkoto. Barrick expects Mali to drop all charges against...
Exxon Mobil and TotalEnergies lifted force majeure on Rovuma LNG and Mozambique LNG after more than four years of suspension. The government is...
Cocoa prices closed at $5,159 per tonne, the lowest level since October 2024. The EU postponed enforcement of its deforestation-free import...
Most Read
01

(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing...

MCB deploys strategic financing to Invictus Investment to scale up its agro-food operations in Africa
02

S&P upgrades Zambia to CCC+ as debt talks advance and copper output rebounds. About 94% of $...

S&P Raises Zambia’s Foreign-Currency Rating to CCC+
03

MTN Innovation Lab hosts Africa HealthTech Export 2025 Bootcamp in Cotonou Event targets s...

Africa HealthTech Bootcamp Opens in Benin With Focus on Regulation and Startup Growth
04

Attack risks internet disruptions; investigation launched near Massakory EU-funded project aims ...

Chad Reports Second Vandalism Attack on Key Internet Cable in Two Weeks
05

Public Eye claims over 90% of Cerelac samples in Africa contain added sugar, averaging 6 g per por...

Nestlé Faces New Claims of Excess Sugar in African Baby Cereals
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.