According to statements by the CEO of the South African company, Al Cook, they are currently carrying out initial prospecting for primary and secondary diamond deposits in Muconda (Lunda-Sul) and Lumboma (Luanda Norte).
This is the result of an agreement with the Angolan Ministry of Mineral Resources, Oil and Gas, reported the manager, who the day before held a meeting with the country’s president, João Lourenço.
During the meeting he informed him that the company makes investments in large projects, including electromagnetic research, the first phase of which is completed and allows kimberlites to be located while they are still underground; the second phase will require the use of airplanes.
De Beers left Angola in 2012, due to the global economic crisis, but after returning last year, it is currently investing more than 33 million dollars in diamond exploration in Lunda Norte and Lunda Sul.
According to Al Cook told the press after the meeting with the president, the progress made in this period is due to the reforms applied in the country, such as adherence to the international initiative for transparency in extractive industries, the liberalization of rates exchange rates and visa exemption.
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