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Angola
Australia's Lucapa struggles to repatriate cash from Lulo diamond sales

The firm, one of the few foreign investors producing diamonds in Angola, has been slow to receive revenues from operations at the Lulo site, known for its impressive gems and its abundance of prized pink diamonds. A matter of growing concern to its shareholders. [...]

Published on 01/07/2021 at 06:00 GMT Reading time 2 minutes

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Mining

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Angola
Celso Rosas
Covid-19
Elderton Audit
Endiama
Lucapa Diamond Co
Merlin Diamonds
Rosas e Petalas
Sociedade Mineira do Lulo
Sodiam

Angola
Luanda prospects for diamond financing

Buoyed by the opening of Alrosa's second kimberlite mine and Rio Tinto's arrival in the country's diamond sector, the Angolan authorities promoted themselves to international investors at a diamond industry conference in Saurimo.

Subscribers only Mining 06.12.2021

Angola's Minister of Mines and Petroleum Diamantino Azevedo speaking at the Angola International Diamond Conference on 25 November 2021.

Spotlight | Angola
Luanda shuns Antwerp's courtship of its diamonds and stays loyal to Dubai

Angola did not respond warmly to the arguments put forward by a delegation of diamond industry leaders from Antwerp, who travelled to Luanda to pursuade João Lourenço to end Dubai's virtual monopoly over the country's diamond production.

Subscribers only Mining 12.05.2021

Angola
Big-carat diamonds save the day for Lucapa

Although 2020 was a rough year for the diamond sector as a whole on account of the pandemic, certain producers fared better than others by focusing their efforts on smaller deposits that nevertheless contained larger diamonds.

Subscribers only Mining 09.04.2021

Angola
Uber-rich Kothari clan hitches its wagon to Lourenço's diamond sector reforms

The wealthy Indian Kothari family, which owns the KGK Group gemstone and jewellery company, is backing João Lourenço's shake-up of the diamond sector. By helping the president with his plan to make Angola more than a mere producer of stones, the Kotharis are counting on better access to the country's output.

Subscribers only Mining 18.03.2021

Vice-chairman of KGK Group Sanjay Kothari.

Angola
The dos Santos diamonds era ends in Maua

President João Lourenço has revoked the mining permit for the Maua diamond site that had been run since 2013 by firms owned, according to the Luanda Leaks, by his predecessor's daughter, Isabel dos Santos. The decision comes amid a wave of changes to the mining industry driven by the head of state.

Subscribers only Mining 11.05.2020

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Angola
Celso Rosas
Covid-19
Elderton Audit
Endiama
Lucapa Diamond Co
Merlin Diamonds
Rosas e Petalas
Sociedade Mineira do Lulo
Sodiam

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Angola
Australia's Lucapa struggles to repatriate cash from Lulo diamond sales

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Angola
Luanda prospects for diamond financing

Spotlight | Angola
Luanda shuns Antwerp's courtship of its diamonds and stays loyal to Dubai

Angola
Big-carat diamonds save the day for Lucapa

Angola
Uber-rich Kothari clan hitches its wagon to Lourenço's diamond sector reforms

Angola
The dos Santos diamonds era ends in Maua

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Indigo Publications' websites

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Angola Australia's Lucapa struggles to repatriate cash from Lulo diamond sales

This article may be accessed by subscribers

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create a free account

Set up email notifications for these topics

Angola Luanda prospects for diamond financing

Spotlight | Angola Luanda shuns Antwerp's courtship of its diamonds and stays loyal to Dubai

Angola Big-carat diamonds save the day for Lucapa

Angola Uber-rich Kothari clan hitches its wagon to Lourenço's diamond sector reforms

Angola The dos Santos diamonds era ends in Maua

Set up email notifications for these topics

About Africa Intelligence

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Africa Intelligence on social media

Indigo Publications' websites

Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Mali, Senegal, Togo
The secrets of Demex, the trader selling Russian oil in West Africa

Angola
Australia's Lucapa struggles to repatriate cash from Lulo diamond sales

Angola
Luanda prospects for diamond financing

Spotlight | Angola
Luanda shuns Antwerp's courtship of its diamonds and stays loyal to Dubai

Angola
Big-carat diamonds save the day for Lucapa

Angola
Uber-rich Kothari clan hitches its wagon to Lourenço's diamond sector reforms

Angola
The dos Santos diamonds era ends in Maua