Angola Tag

A diamond necklace featuring the largest ever D-flawless, emerald cut diamond has sold for US$33.7 million at an auction at Christie’s in Geneva, Switzerland. The 163-carat precious stone was first discovered in 2016 by Australian miner Lucapa Diamond in Angola. The original 404-carat rough stone is...

BP (LSE:BP) latest financial results have exceeded analyst expectations, despite the British oil major taking a hefty hit on an unsuccessful project in Angola. Profits on a replacement cost basis fell by 5% during the second quarter of 2017 to US$684 million, from $720 million in...

Australian mining firm Lucapa Diamond (ASX:LOM) has unearthed a 227-carat diamond at the Lulo Diamond Project mine in Angola. The newly-discovered diamond is the second largest to be uncovered to date at the Lulo mine, situated east of the capital Luanda, only after a 404-carat stone...