Mining firm Lucapa Diamond has scheduled two diamond sales for the last 2016 quarter as recoveries of large special stones continue at its Lulo mine, in Angola.
The first sale is scheduled for mid-Novemeber and will include the 172 ct and 104 ct Type IIa diamonds recovered at Lulo at the end of September. The sale parcel will also include a 72 ct Type IIa stone which the company recovered recently at the mine.
Let’s recall that Lucapa Diamond achieved last quarter ended in September, a record output of 8,853 ct of diamond at the Lulo mine. This represents a 154% increase compared to output from Q3 2015.
The Lulo diamond mine extends over 3,000 km² and is located in the Lunda Norte province, which is situated 630km east of Luanda.
Louis-Nino Kansoun
Sonatel is a major telecom company in West Africa that investors trust, offering steady growth and...
Wave launches Wave Bank Africa in Côte d'Ivoire with $32M capital Move follows €117M fu...
Cameroon's Constitutional Council declared Paul Biya the winner of the presidential election, secu...
ECOWAS will integrate AI into its early warning systems to strengthen crime prevention and intelli...
NGE wins two contracts for sanitation, coastal protection in Senegal Projects target Dakar’s Hann...
Somalia reviews telecom sector performance to improve service quality and access Minister emphasizes digital services, local expertise, and inclusive...
ITU chief visits Dakar to boost ties and support Senegal’s digital agenda Talks focus on AI, cybersecurity, and expanding ITU presence in...
Program offers CEH, CSA, and BFC certifications with hands-on training Aims to address cybersecurity talent gap as African market nears $1.3B by...
Agreements cover joint commission, political consultations, and development priorities Qatar aims to expand influence in East Africa via strategic...
The Eyo Festival, also known as the Adamu Orisha Play, stands among the most iconic cultural events in Lagos, Nigeria. This traditional Yoruba procession,...
Asmara, the capital of Eritrea, is often described as Africa’s modern city for its remarkable architectural heritage and forward-thinking urban design....