Lucapa Diamond has found at its Lulo mine in Angola a 172.67 ct diamond.
The stone is the fifth stone of more than 100 ct recovered by the firm this year, the last being a 104 ct stone last week. Also, it the sixth type IIa diamond found since operations started at the mine. In February 2016, Lucapa recovered at Lulo a 404 ct stone, the biggest ever found in Angola (world’s fourth diamond producer), which it later sold for $16 million.
The Lulo diamond mine covers an area of 3,000 km² and is situated in the Lunda Norte, 630 km east of Luanda. Lucapa detains a 35-year operating licence for the project which it acquired in 2014.
Louis-Nino Kansoun
Anthropic, Rwanda’s government, and ALX launched Chidi, an AI mentor built on Claude. It wi...
(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing...
S&P upgrades Zambia to CCC+ as debt talks advance and copper output rebounds. About 94% of $...
MTN Innovation Lab hosts Africa HealthTech Export 2025 Bootcamp in Cotonou Event targets s...
Attack risks internet disruptions; investigation launched near Massakory EU-funded project aims ...
Operators say tax reductions are needed before lowering Internet prices Industry cites heavy sector taxes, rising costs, and new untaxed...
IMF cuts Mali’s 2025 growth forecast to 4.1% due to fuel supply disruption Gold output decline, power cuts, and reduced aid also weigh on...
Nigeria’s $2bn fiber project reportedly seeks $800m in AFDB-led funding, in addition to the $500m World Bank concessional loan and the...
Both countries advance joint governance after UNESCO expanded the site A shared management mechanism and a 2026 conservation report are required The...
Hidden deep within the Arabuko-Sokoke Forest on Kenya’s coast near Malindi, the ancient city of Gedi stands as one of East Africa’s most intriguing...
Orange Egypt and Qatar’s Qilaa International Group have partnered to develop WTOUR, a digital platform offering trip planning, hotel bookings, local...