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Lucapa completes first sale of the year

By: Megan van Wyngaardt     2nd February 2018 ASX-listed Lucapa Diamond Company and its partners Empresa Nacional de Diamantes and Rosas & Petalas have completed the first sale for 2018 from the Lulo diamond project in Angola, for this year. The sale of 4 170 ct of Lulo diamonds achieved proceeds of $9.14-million, representing an exceptional... 

Canadian junior mining company makes progress in Northern Cape

     15th December 2017 Canadian junior mining company Tango Mining has made progress at its Oena diamond project, based in the Northern Cape in South Africa, appointing diamond recovery company Bluedust 7 as its mining contractor, which it announced in October. The contract will take place for a 60-month period, during... 

Lucapa sells 4 126 ct parcel for A$9.6m

By: Megan van Wyngaardt     20th November 2017 ASX-listed Lucapa Diamond Company sold 4 126 ct of diamonds, achieving proceeds of A$9.6-million at its eighth alluvial diamond sale for the year. Sold in conjunction with its partners, Empresa Nacional de Diamantes and Rosas & Petalas, the diamonds from the Lulo project in Angola averaged A$2... 

Lucapa recovers eighth diamond larger than 100 ct from Angola

By: Anine Kilian     13th November 2017 ASX-listed Lucapa Diamond Company and its partners Empresa Nacional de Diamantes, better know as Endiama, and Rosas & Petalas have recovered a high-value 129.58 ct diamond from the Lulo project, in Angola.   The diamond was recovered from alluvial mining block six along with another large... 

Angola grants gold exploration concession as it seeks to diversify economy

By: Keith Campbell     13th October 2017 A public/private partnership (PPP) has been granted a concession to prospect for gold in the Angolan province of Cabinda, the Macauhub news agency has reported. The PPP is named Mongo Mongo Mineração Limitada (Mongo Mongo Mining Limited). Its shareholders are the State-owned Empresa Nacional de... 

Angola pushes mining production increases and diversification

By: Keith Campbell     25th August 2017 Angola’s State-owned diamond group Endiama is going to encourage the development of semi-industrial cooperatives in each and every province of the country, to explore for diamonds. This was stated by Endiama Board member and group Director of Geology Luís Quitamba, the Angolan news agency Angop... 

Angola, Russia jointly developing new diamond projects and others

By: Keith Campbell     9th June 2017 Angola and Russia have committed themselves to deepening their economic cooperation, not least in the area of mining. This was made clear during the recent visit to the African country by Russian Vice Premier Yury Trutnev. Among others, he held talks with Angolan State Secretary for Geology and... 

Australian miners issue encouraging reports from their African operations

By: Keith Campbell     17th March 2017 Australian junior mining companies active in Lusophone Africa have reported good news from both Angola and Mozambique. The companies concerned are the Lucapa Diamond Company, operating in Angola, and Mustang Resources, active in Mozambique. Lucapa has announced that total diamond sales to date... 

Lulo delivers payday for Lucapa

By: Esmarie Swanepoel     8th March 2017 Diamond miner Lucapa Diamond Company will receive A$7.3-million ($5.6-million) in funds from its Lulo diamond mine, in Angola, under the terms of an alluvial mining investment with project partners Empresa Nacional de Diamantes and Rosas & Petalas. The board of the Lulo operation declared an... 

Angola seeks to boost its mining sector

By: Keith Campbell     17th February 2017 The State-owned Empresa Nacional de Diamantes de Angola (Endiama – National Diamond Company of Angola) will not need additional investors to develop its Luaxe project, assured company President António Carlos Sumbula at the Angola Business Forum during the recent Mining Indaba in Cape Town.... 

Chile turns to China as copper giant weighs smelter cleanup

By: Bloomberg     4th August 2016 Chile’s State copper processor Enami is pushing a more ambitious project at almost double the cost to ensure its Paipote smelter meets new environmental standards. An initial investment of as much as $65-million will allow Enami to comply with new rules that require smelters to capture 95% of... 

Mining seen as option to cut Angola’s oil dependence

By: Keith Campbell     19th February 2016 The West African country of Angola has been badly hit by the decline in oil prices. In 2012, according to the US Geological Survey (USGS), Angola was responsible for 2% of global oil output and oil accounted for 90% of the country’s exports, 80% of government revenues and 47% of its gross... 

Mining seen as major option to reduce Angola’s dependence on oil

By: Keith Campbell     19th February 2016 The West African country of Angola has been badly hit by the decline in oil prices. In 2012, according to the US Geological Survey (USGS), Angola was responsible for 2% of global oil output and oil accounted for 90% of the country’s exports, 80% of government revenues and 47% of its gross... 

Ressano Garcia’s gas-to-power capacity rises to 400 MW as loop-line is completed

By: Terence Creamer     5th March 2015 The $200-million ‘loop line 1’ project to expand the capacity of the gas pipeline from Mozambique to South Africa has been completed, the Republic of Mozambique Pipeline Investments Company (Rompco) has confirmed. Rompco is the gas transport joint venture set up in 2004 by JSE-listed energy and... 

Sasol repositions itself for gas-based future  

By: Terence Creamer     8th September 2014 South African energy and chemicals group Sasol has “strategically repositioned” itself over the past three years to focus on gas-based opportunities in Southern Africa and North America, having moved away from coal-to-liquids opportunities in China, Indonesia, India and South Africa. The... 

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