Angola’s Luele Mine is a promising new project that hopes to start up this year, with a production target of 528 million carats by 2080.
The project’s diamond matrix, discovered in 2013 in the province of Lunda Sul, is known as kimberlite. The area has significant geological potential, with a depth of 600 metres and an area of 105 hectares. The lifespan of the Luele Mine is estimated to be approximately 60 years, which points to a total quantity of 647 million tonnes of ore. The project is the result of a consortium of mining companies that have invested close to 600 million Euros, with the aim of contributing to an increase in the country’s diamond production. The project was inaugurated in November and was attended by Angolan President João Lourenço.
The project’s diamond matrix, discovered in 2013 in the province of Lunda Sul, is known as kimberlite. The area has significant geological potential, with a depth of 600 metres and an area of 105 hectares. The lifespan of the Luele Mine is estimated to be approximately 60 years, which points to a total quantity of 647 million tonnes of ore. The project is the result of a consortium of mining companies that have invested close to 600 million Euros, with the aim of contributing to an increase in the country’s diamond production. The project was inaugurated in November and was attended by Angolan President João Lourenço.