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
Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...
Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...
Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...
From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...
Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...
Ghana rolls out Publican AI at Tema Port, with early revenue rising from GH₵2.4bn to GH₵3.6bn after deployment System flags undervaluation and fraud...
Rice is deeply rooted in diets but demand now far outpaces local supply Production has increased across the region, yet value chains remain...
First RMBS listing on BRVM backed by NSIA Banque Côte d’Ivoire CFA10 billion securitization aims to expand housing finance Move seeks to deepen...
Government launches plans to improve data use and public services Strategy aims to support responsible use of artificial intelligence Move...
UK museum to return 45 Botswana artifacts after 150 years Items collected in 1890s; restitution follows Botswana request Return tied to...
The history of Kerma stretches back several millennia. Located in what is now northern Sudan, the site was inhabited as early as prehistoric times....