160 carat diamond discovered

160 carat diamond discovered

The Australian company Lucapa Diamond Company announced this Monday that it had discovered a 160-carat diamond in the same block from which it extracted the “Rosa do Lulo”, the 170-carat diamond discovered at the time in early August, having been considered the largest of this hue, found in 300 years.

The new diamond, white, with superior quality of type IIa, is the 28th with more than 100 carats to be extracted from the Lulo Mine and the sixth largest found to date in the mine located in Capenda Camulemba, in the province of Lunda-Norte. Lucapa Diamond Company, which operates the mine and holds 40 percent of the company, which also includes the national state-owned company, Endiama (32 percent) and Rosa e Pétalas (28 percent), also announced that the diamond recoveries, in the last two months, “were strong”, having been mined more than 100 “Specials”, diamonds with more than 10.8 carats.

According to information, the five largest diamonds discovered in Angola had already been found in Lulo, four of which are over 200 carats, which makes the mine a rare kimberlite. With more than 400 workers, the Lulo mine, part of the Lucapa mining complex, is known for its rare, high-quality diamonds. Color diamonds and their value come from great depths and are special.

They come from depths greater than those of normal diamonds, up to 600 kilometers, while the others go up to 180-200 kilometers. They are dragged to the surface by a type of volcano that only occurs in the core of continents: when these eruptions occur. The remains of these volcanoes are explored, or when they reach the surface, they begin to be decomposed by rain and washed away along the rivers. And then they are deposited at the bottom of them and on their margins, one reads. The ones from Lulo are of secondary origin because they have not yet discovered the kimberlites that also have these stones, in the specific case of Angola.

The African continent has around 60 percent of the world’s diamond resources and plays a crucial role in the diamond landscape. Angola positions itself as a leader in extraction and processing, with an expectation of reaching, this year, 10.1 million carats”. To this end, the diamond sector is opening up to foreign investment, appealing to companies with investment potential “to help to materialize this desideratum”.

Loading

Share this article

You have successfully subscribed to the AMG Weekly newsletter

There was an error while trying to send your request. Please try again.

Angolan Mining Oil & Gas will use the information you provide on this form to be in touch with you and to provide updates and marketing.