Australia’s Lonrho Mining expects to mine diamonds in Angola this year
[ 2010-03-09
]
Perth, Australia, 9 March – Australian mining company Lonrho Mining plans between May and June of this year to order a unit for separation of aggregates by density for its diamond concession in Lulo, Angola, the company said Monday.
Aggregate separation by density is a technology that is heavily used in the diamond and coal industries, and is currently being applied in the pre-concentration of precious and base metals as it is a cheap and highly reliable way of separate inert products from products that are of value.
The company also said that results of the sampling from the first prospecting phase would be executed in July.
Lonhro has identified what are expected to be 217 kimberlites in the concession area, which had so far not been explored or tested in a systematic way.
The project had already been identified by specialists as being one of the diamond concession with the best prospects, as it has a long history of alluvial diamond collection.
“The company is very optimistic about getting diamonds this year,” said the Lonrho chief executive, Miles Kennedy.
Lonrho Mining has a 39 percent stake in the Lulo diamond concession, which covers an area of almost 3,000 square kilometres.
State company Endiama has a 51 percent stake and local investors control the remaining 10 percent. (macauhub)
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