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
Novo Nordisk cuts Wegovy prices in South Africa amid competition Move targets rival Eli Lil...
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...
WAEMU posts 3.31 trillion CFA francs trade surplus in Q4 Exports surge 50.4%, led by gold, ...
ECOWAS, Energy China discuss regional power infrastructure cooperation Talks cover $36.3...
Kenya sells 15% stake in Safaricom to Vodacom for $1.8 billion Transaction reduces state ownership to 20% and gives Vodacom majority control...
Hormuud Telecom partners with GIZ to expand digital solutions Initiative focuses on cross-border payments to connect Somali firms with international...
World Bank estimates irrigation could generate 218 million jobs in sub-Saharan Africa Irrigated agriculture delivers higher productivity and supports...
Malawi University of Business and Applied Sciences introduces two annual intakes to expand access to higher education Reform targets up to 2,500...
The Bijagos Archipelago, located off the coast of Guinea-Bissau, stands as one of West Africa’s most extraordinary island systems. Made up of around forty...
RFI confirmed the end of “Couleurs Tropicales” following Claudy Siar’s departure after 31 years. The move follows a series of high-profile exits...