russ. port.
| Angolan Government Issues Final
Approval for Camafuca Diamond Project The Angolan government gave final approval
to SouthernEra Diamond Mining Company to form the Angolan operating
company “Sociedade Mineira do Camafuca Lda (SMC)” that will
be issued the mining license to develop the Camafuca diamond
project. With final approval granted, SouthernEra expects to
begin development of the project in the very near future. Camafuca
is one of the largest known undeveloped diamond-bearing kimberlite
complexes in the world and is located in Lunda Norte province,
20 kilometers southeast of Lucapa. The project area has a combined
surface area of 160 hectares and contains five kimberlite pipes.
A 2000 feasibility study undertaken by SouthernEra estimates
total diamond resources for the project to be 23.25 million
carats.
 Embassy of Republic of Angola, 2005 |