Figures takes proceeds from Lulo diamonds sales so far this year to $10.8 million, at an average price per carat of $1,731.
ANGOLA Mining News
Angola is one of the world’s top 5 diamond producers, but much of the territory remains under-explored due to 27 years of civil war.
The Australian miner has also unearthed the tenth +100 carat stone recovered from Lulo since mining operations began two years ago.
The rival companies have unearthed three diamonds larger than 100 carats each.
It's the eighth diamond of over 100 carats recovered this year, and the seventh in just 2.5 years of commercial mining.
Discovered in February last year in eastern Angola, the 404.20-carat rough diamond was also the largest found so far in the southern African country.
Angola LNG said the deal was another step toward building its sales book with the most important players in the LNG market.
PJSC ALROSA, the world leader in diamond mining, will participate in the development of a new diamond deposit in Angola.
Here are the top 10 diamond mines in terms of output in carats and value.
A family-run Yorkshire firm has just dispatched its largest order – nearly three miles of hoses to a diamond mine in Angola.
Big, valuable gemstones that may eventually get cut into smaller diamonds keep getting discovered in Angola.
The project, which has existing infrastructure, a camp and a diamond processing plant in place, is located just 5km from Letšeng, the highest dollars-per-carat kimberlite diamond mine in the world.
The Africa-focused diamond miner said it expects to resume trading before the open on Tuesday next week.
The miner said the decision applies to the entire 3,000 square kilometer Lulo site, a project that has bored some massive gems, including the largest diamond ever found in Angola.
The stock jumped after it announced it had fetched $8.3 million for 1,864 carats of rough diamonds from its Lulo project.
Large-carat diamonds just keep coming.
The 38.6-carat coloured stone is the largest “fancy” pink diamond recovered to date from Lulo.
The mine hosts type-2a diamonds which account for less than 1% of global supply.
The 68.1-carat gem-quality diamond is one eight 'significant' rocks found from trial mining at a new area of the Lulo concession.
Australian company says extremely rare Type 2a D-colour stone is the biggest diamond ever found in Angola.
The company has officially shifted operations at its flagship Udachnaya mine from open-pit to underground mining.
The Russian company, hit by a sustained slowdown in the diamond market, said its rough diamond have declined by 6% in the first six months of the year.
It's the largest diamond Lucapa has recovered in Lulo since the mine began commercial operations in January.
In a first phase the miner plans to target high-grade diamond ore bodies, meeting a target of 14,000 bank cubic metres (bcm) per month.
The project could prove to be more valuable than the country’s biggest gem producer, Catoca,