{"id":50523,"date":"2023-11-28T17:31:39","date_gmt":"2023-11-28T17:31:39","guid":{"rendered":"https:\/\/www.africa-press.net\/angola\/?p=50523"},"modified":"2023-11-28T16:41:26","modified_gmt":"2023-11-28T16:41:26","slug":"luele-mine-with-estimated-reserves-of-more-than-600-million-carats-of-diamonds","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/angola\/all-news\/luele-mine-with-estimated-reserves-of-more-than-600-million-carats-of-diamonds","title":{"rendered":"Luele Mine with estimated reserves of more than 600 million carats of diamonds"},"content":{"rendered":"

Africa-Press – Angola. <\/strong><\/span>Six hundred and 28 million carats of diamonds is the estimated reserve of Sociedade Mineira do Luele to be extracted from 600 meters deep, revealed, this Monday, in Saurimo (Lunda Sul), the president of the Board of Directors of Endiama , Ganga Junior.<\/b><\/p>\n

The person in charge advanced this information when presenting the Luele project to the President of the Republic, Joa\u0303o Lourenc\u0327o, and members of the Executive, stating that it has an international dimension.<\/p>\n

The mine has a treatment capacity, in the first year of activity, equivalent to four million tons of ore.<\/p>\n

He highlighted that after the work, it is expected to increase to 12 million tons, starting in the third year.<\/p>\n

Ganga Ju\u0301nior said that in terms of the workforce, it is estimated that at least three thousand direct jobs will be created by 2026, thus contributing to family income and consequently to the country’s social development.<\/p>\n

On the other hand, he explained that the Sociedade Mineira do Luele, whose name is associated with the Kimberlite with the same name, is the result of a strategy implemented by the Sociedade Mineira de Catoca in 2007, with the aim of increasing its reserves and respective assets.<\/p>\n

During the implementation of the project, several constraints and challenges of a technical and technological nature arose, associated with the complexity of the deposit, which were only overcome with the commitment and dedication of the work team, 100 percent led by Angolans, who found the best solutions at all times. to such challenges.<\/p>\n

Located in the province of Lunda Sul, Luele is a kimberlite deposit mine. It has capacity for 1,500 workers and in the first phase, the expectation is that it will reach just over one million carats per year and a gross revenue of 60 million USD per year.<\/p>\n

Located in an area of \u200b\u200b104 hectares and with a useful life of 60 years, as well as 600 meters deep, the mine began prospecting between 2007\/2008.<\/p>\n

A balance presented by ENDIAMA, in 2021, on the company’s achievements, that year, the mine produced around 1.7 million carats of diamonds, with an average monthly diamond production of 143.7 thousand carats.<\/p>\n

To date, around USD 59.3 million has been spent on geological research work, USD 415 million for the implementation of mine and USD 161 million for the Treatment Center, totaling USD 635.3 million.<\/p>\n

The Company has the following shareholding: Catoca, with 50.5%, Endiama (25%), Falcon (19.5%), Reform (4.0%) and IGEO (1%).<\/p>\n

For More News And Analysis About Angola<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Angola. Six hundred and 28 million carats of diamonds is the estimated reserve of Sociedade Mineira do Luele to be extracted from 600 meters deep, revealed, this Monday, in Saurimo (Lunda Sul), the president of the Board of Directors of Endiama , Ganga Junior. The person in charge advanced this information when presenting […]<\/p>\n","protected":false},"author":84,"featured_media":50522,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7,244],"tags":[233,337,329],"class_list":["post-50523","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","category-to-homepage","tag-africa-press","tag-africa-press-angola","tag-angola"],"yoast_head":"\nLuele Mine with estimated reserves of more than 600 million carats of diamonds - Angola<\/title>\n<meta name=\"description\" content=\"Six hundred and 28 million carats of diamonds is the estimated reserve of Sociedade Mineira do Luele to be extracted ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/angola\/all-news\/luele-mine-with-estimated-reserves-of-more-than-600-million-carats-of-diamonds\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Luele Mine with estimated reserves of more than 600 million carats of diamonds\" \/>\n<meta property=\"og:description\" content=\"Six hundred and 28 million carats of diamonds is the estimated reserve of Sociedade Mineira do Luele to be extracted ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/angola\/all-news\/luele-mine-with-estimated-reserves-of-more-than-600-million-carats-of-diamonds\" \/>\n<meta property=\"og:site_name\" content=\"Angola\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-28T17:31:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/angola\/sites\/65\/2023\/11\/sm_1701176979.981451.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"1066\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/luele-mine-with-estimated-reserves-of-more-than-600-million-carats-of-diamonds#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/luele-mine-with-estimated-reserves-of-more-than-600-million-carats-of-diamonds\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Luele Mine with estimated reserves of more than 600 million carats of diamonds\",\"datePublished\":\"2023-11-28T17:31:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/luele-mine-with-estimated-reserves-of-more-than-600-million-carats-of-diamonds\"},\"wordCount\":413,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/luele-mine-with-estimated-reserves-of-more-than-600-million-carats-of-diamonds#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/angola\/sites\/65\/2023\/11\/sm_1701176979.981451.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Angola\",\"Angola\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\",\"to-homepage\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/angola\/all-news\/luele-mine-with-estimated-reserves-of-more-than-600-million-carats-of-diamonds#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/luele-mine-with-estimated-reserves-of-more-than-600-million-carats-of-diamonds\",\"url\":\"https:\/\/www.africa-press.net\/angola\/all-news\/luele-mine-with-estimated-reserves-of-more-than-600-million-carats-of-diamonds\",\"name\":\"Luele Mine with estimated reserves of more than 600 million carats of diamonds - 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