Mining News

De Beers to explore for diamonds in north-eastern Angola

Diamond miner De Beers Group has applied to conduct exploration activities in north-eastern Angola following substantive and consistent reforms implemented by the country’s government that enable the country’s diamond endowment to underpin transformative socioeconomic growth for local communities. Following the Mineral Rights application submission, De Beers and the government of Angola will open discussions in an effort to agree a mineral investment contract, which would establish legally binding terms and conditions to be met by both parties for activities in north-eastern Angola.

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