Diamond – Lucapa Diamond Company Ltd. (ASX:LOM) announced that its joint venture partners support its idea to apply for an alluvial diamond mining lease across part of its Angola-based Lulo diamond concession.
Articles Tagged "angola"
Diamond – Lucapa Diamond Company Ltd. (ASX:LOM) announced the recovery of a 95.45-carat, type 2A diamond from its Angola-based Lulo diamond concession. It is the second-largest diamond recovered from Lulo to date.
Diamond – Lucapa Diamond Company Ltd. (ASX:LOM) announced on Friday that a 32.2-carat, type 2A diamond has been recovered from its Angola-based Lulo concession. To date, it is the fourth-largest diamond recovered at Lulo.
Rare Earth – Australia-based Rift Valley Resources (ASX:RVY) will in January begin drillin for rare earths in Longonjo, southern Angola, the company announced in a statement reported by Macauhub.
Diamond – Reuters reported that according to a study put out by Eaglestone, an investment bank, Angola's diamond industry has "huge" growth potential, but will be unable to tap into it if the country does not make geological data more accessible. It would also benefit from developing "transport links and services for mining companies."
Diamond – African News reported that Mozambique hopes to use Angolan knowledge to help determine where — and how many — diamonds are located in Mozambique.
Diamond – Lucapa Diamond Company Ltd. (ASX:LOM) announced that preliminary aeromagnetic survey data has identified eight new kimberlite targets at its Angola-based Lulo diamond concession.
Iron – Bloomberg reported that Angola has enacted a mining law that cuts mining tax to 25% to attract more mining investments, according to Geology and Mines Minister Francisco Queiroz. Its government is also spending billions of dollars on projects which include the Cassinga iron ore mine which is projected to cost $900million.
Diamond – Bloomberg reported that the world’s biggest diamond producer, De Beers, said it is very confident that it will find a substantial gem deposit in a concession near Lucapa in the Lunda North province, in Angola.
Iron – Reuters reported Angola says it will start iron ore production within the next two to three years through a state-company partnership.