Lido no Rough & Polished:
Leading global diamond miner De Beers has announced that it is currently having discussions with the Angolan government and state-diamond company Endiama for new concessions, Rough & Polished reports.
Group head of media relations Lynette Gould said that early stage work was expected to commence this year.
De Beers had completed an extensive exploration program on its Lunda Northeast concession from 2005 to 2012, where 118 kimberlite pipes were discovered. Of these, 75 were tested for diamond grade, leading to the resource evaluation and conceptual study of the Mulepe-1 deposit, which concluded that a stand-alone deposit was not economic under current assumptions. “Consequently, the decision was taken to relinquish the Lunda NE concession,” Gould said.
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