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
Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...
The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...
UBA UK, BII sign intent to expand trade finance in Africa Partnership targets funding gaps for in...
Ghana to submit UN resolution on slave trade March 25 Draft seeks recognition as gravest crime ag...
ECOWAS, Energy China discuss regional power infrastructure cooperation Talks cover $36.3...
Nigeria plans $900 million poultry project with Chinese partnership Six farms to produce 6 million eggs daily nationwide Financing...
Sudan, Egypt expand education cooperation amid conflict-driven system collapse Talks cover curricula, exams, technical education, Sudanese schools...
Nigeria allocates $346 million domestic funding for 2026 health priorities Introduces free twice-yearly HIV prevention drug lenacapavir...
New direct flight aims to strengthen trade and business ties Route is part of broader African expansion plan Airline faces strong competition...
Top 50 ranking highlights women across core tourism service segments Tourism contributes $168 billion to GDP and supports over 24 million...
AI forces newsrooms to balance automation with credibility and trust Agentic AI boosts efficiency but risks scaling disinformation...