Ver Angola

Raw Materials

Fifth diamond-cutting factory opens as Lulo extracts new 150-carat stone

The Minister of Mineral Resources, Oil and Gas, Diamantino Azevedo, inaugurated a diamond cutting factory in the Diamond Pole of Saurimo, Lunda Sul, in a ceremony that took place last Friday. This is the fifth diamond-cutting factory in the region called 'Pollaro' and is capable of cutting 5000 carats a month.


"With the capacity to cut five thousand carats/month, the 5th factory was built in an area of 750 square meters, with an investment of around five million and 500 thousand US dollars, for its construction and equipment acquisition", reads a statement from the Government of Lunda Sul, which VerAngola had access to.

In addition, adds the note, the new manufacturing unit covers "areas of treatment, planning, digitalizing of stones, laser cutting, manual and automatic polishing".

The provincial governor of Lunda Sul, Daniel Neto, highlighted that the opening of the new factory "will effectively provide more diamonds to be polished locally and consequently offer more jobs to young people", reads the statement.

In turn, the president of the factory's executive committee, Hélder David, indicated that the unit provides jobs for 60 young people, of which 30 are nationals and 30 are expatriates.

Also mentioned in the note, the official also informed that the company will continue "to make continuous improvements with investments in order to obtain better results".

With regard to production, he indicated "being prepared to increase production capacity, with the acquisition of more equipment, if the business justifies it".

Speaking on the occasion, the holder of the Mineral Resources, Oil and Gas portfolio said that the pole "will continue to be a priority as it is a sector that contributes the most to the national economy".

Cited in the note, Diamantino Azevedo was satisfied with the opening of another one of "the many factories yet to come", as well as with "the fact that the young finalists of the Center for Training and Evaluation and Diamond Cutting have gained employment in this organization".

According to a note from the Ministry of Mining Resources, Oil and Gas, which VerAngola had access to, before the inauguration, minister Diamantino Azevedo witnessed the delivery of certificates to 114 young people who were trained in diamond cutting and evaluation by SODIAM.

According to the minister, the factory "is an enterprise of a private Angolan group and that reinforces the centre", which currently has four cutters and a training unit.

The minister also indicated that "efforts to create better conditions in terms of tax incentives will continue", so that "many other factories will appear in space" and create "more jobs for the youth of the province of the region".

"The pole is not only important for the diamond sector, but for the economic sector of the whole country", he said, quoted in the guardianship note.

Lulo mine extracts new 150-carat diamond

A new diamond weighing more than 100 carats was discovered in the Lulo mine. According to the Lucapa Diamond Company, the said stone is a 150-carat white diamond.

In a statement, to which VerAngola had access, the company reveals that this is the 36th diamond with more than 100 carats recovered in Lulo.

"Lucapa Diamond Company Limited together with our partners, Endiama and Rosas & Pétalas, are pleased to announce the recovery of a 150 carat Type IIa white diamond from the Lulo Alluvial Mine in Angola, the 36th diamond with more than 100 carats recovered in Lulo", reads the note.

According to the company, the stone was recovered in Block 28 and is the fifth diamond of over 100 carats recovered in that block: "The 150-carat diamond was recovered from Mining Block 28 ("MB28") and is the fifth diamond of over 100 carats recovered from this Mining Block," adds the note.


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