Diamonds

Angola: Lucapa nearly doubles diamonds resources

Posted on March 23, 2019March 23, 2019 by Mozambique Resources Post

Diamond miner Lucapa Diamond Company has reported a 90% increase in its diamond resource carats at its Lulo operation, in Angola, on the back of an independent valuation.

Angola: Govt reorganises diamond sector

Posted on March 19, 2019March 19, 2019 by Mozambique Resources Post

The diamond sector in Angola will be reorganised in a similar way to the oil sector, with the privatisation of state-owned companies and the creation of a regulatory entity, said the Minister of Mineral Resources and Oil.

Africa Mining: Angola sells 8.40 million carats of diamonds in 2018

Posted on February 13, 2019February 13, 2019 by Mozambique Resources Post

Angola’s national diamond trading company, Sodiam sold 8.4 million carats of diamonds in 2018, which accounted for revenue of US$1.22 billion, a company executive said on Tuesday in Luanda.

Africa Mining: Botswana Diamonds seeks £370 000 for exploration activities

Posted on January 25, 2019January 25, 2019 by Mozambique Resources Post

Botswana Diamonds has undertaken a share placing with existing and new investors to raise £370 000 through the issue of just over 67.2-million new ordinary shares at a placing price of 0.55p a placing share.

Africa Mining: “Zimbabwe’s handling of diamond industry the ultimate test for Mnangagwa’s reform” – report

Posted on December 7, 2018 by Mozambique Resources Post

Zimbabwean President Emmerson Mnangagwa is under growing pressure one year after taking office following the removal of long-time leader Robert Mugabe. That pressure may be about to increase if his handling of the diamond industry doesn’t reflect his alleged commitment to economic reform and anti-corruption.

Africa Mining: RioZim demands $92m from the Reserve Bank of Zimbabwe

Posted on November 23, 2018 by Mozambique Resources Post

Zimbabwean miner RioZim is suing the country’s Reserve Bank for $92 million, in a move intended to force it pay for more of its gold purchases from the company in US dollars.

Africa Mining: Zimbabwe targets $12bn from mineral exports in five years

Posted on November 6, 2018 by Mozambique Resources Post

Zimbabwe expects to earn $12-billion a year from mineral exports by 2023, Mines Minister Winston Chitando said.

Africa Mining: Lucapa introduces Lulo diamonds into Angola’s new diamond marketing system

Posted on September 18, 2018 by Mozambique Resources Post

Lucapa Diamond (ASX:LOM) said it supports the recent diamond sector reforms announced by Angola’s government and that it will sell certain select large premium-value diamonds from its prolific Lulo mine through the country’s new marketing channels.

Africa Mining: Mining to increase contribution to Angola’s economy

Posted on September 10, 2018September 10, 2018 by Mozambique Resources Post

The restructuring of the mining sector in Angola will improve efficiency and increase its contribution to the national economy, said the Angolan Minister of Mineral Resources and Oil.

Africa Mining: De Beers to allow rejection of cheap diamonds

Posted on September 7, 2018September 7, 2018 by Mozambique Resources Post

De Beers is allowing its diamond buyers to refuse some lower-quality stones at its sale this week, according to people familiar with the situation.

1 2 3 … 6 »