Miner Lucapa Diamond produced in the previous quarter ended in September, a record diamond output of 8,853 ct at its Lulo project, in Angola, up 154% from that over the same period in 2015.
The new output includes comprises an outstanding number of special diamonds of more than 10.8 ct (137) totaling 3,210 ct. The special diamonds includes two type IIa stones (104 ct and 172 ct respectively) recovered at Lulo, which the company plans to sell this month.
The Lulo diamond mine extends over 3,000 km² and is situated in the Lunda Norte province, located 630 km East of Luanda. Lucapa holds since 2014 a 35-year operating licence for the project.
Louis-Nino Kansoun
Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...
Circular migration is based on structured, value-added mobility between countries of origin and host...
President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...
CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border...
Urban employment reached 53.7% in WAEMU in early 2025 Most jobs remain informal, low-paid, and in...
Sonangol raised $750m via its debut international bond, a five-year private placement, marking a key step in Angola’s return to global debt...
African startup M&A hits record 67 deals in 2025 Consolidation driven by funding pressures and expansion strategies Fintech leads deals as “Big Four”...
Niger junta accuses France, Benin, Côte d’Ivoire of backing attack Gunfire reported near Niamey airport amid ECOWAS tensions Border closure with Benin...
African Union, U.S. launch infrastructure and investment working group Initiative targets trade, logistics, digital projects under Agenda 2063 Group...
The Khomani Cultural Landscape is a cultural site located in northern South Africa, in the Northern Cape province, near the Kgalagadi Transfrontier Park....
Three African productions secured places among the 22 films competing for the Golden Bear at the 76th Berlin International Film Festival. Berlinale...