Angola: Lucapa nearly doubles diamonds resources

Angola: Lucapa nearly doubles diamonds resources

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.

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

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

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.

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

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

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.

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

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

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.

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