News

De Beers may mine at Angola and DRC

diamond world news service

According to reports, De Beers has found Angola and the Democratic Republic of Congo (DRC) to be promising zones for exploration activities, and as such, intends to acquire new mining projects in the two regions. It said that the possibility of new mines being opened depends upon their economic and social viability. According to De Beers spokesperson Marie-Chantal Kaninda De Beers is assessing kimberlites in Lunda and Bié regions in partnership with Endiama, the state-owned diamond firm.

In a statement, Angola's Geology and Mining Minister, Manuel Africano, said that Angola would net about $1 billion from diamond sales via the Endiama diamond company, in 2007. De Beers was awarded three concessions by Endiama near its Lunda Nordeste concession, during early-2007.


Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet

Malabar Gold & Diamonds displays sparkling success with an annual turnover of Rs 51,218 Crore

TAGS Shines Bright - 20 Special Diamonds Sold for $17 Million at Luanda Tender

Gübelin's Titanium Masterpiece: Unveiling Vibrant Wings in Haute Joaillerie

Tim Schlick assumes CEO role at Platinum Guild International

Anglo American rejects BHP's $39 billion takeover bid