Angola ranks as the third-largest producer of diamonds in Africa, although 60 percent of the territory is still undiscovered in the country.
The company is looking for a joint venture partner offering 55% in an operational mine situated in the center of the diamond belt.
Overview of this business for sale
- Company produces Vs1,Vvs1,Vv2 diamonds
- Mining of the alluvial deposits is in action currently
- Full mining operation with a wash plant for alluvial operations. This includes all the necessary equipment.
- The government is an 8% stakeholder of all country’s mines. In exchange for shareholding the government provides security on-site and for operating facilities. At the moment, the surface alluvial at approximately 7000 Carats per month is being produced. The resources cover 73 Kimberlite rocks that were picked out during drilling. The main materials will be mined in the second phase of the project.
According to the guidelines of the authority, 80% of the commodity can be put on sale on the international level and 20% should be sold to the authority, or they can be purchased by an Angolan owner and then can be exported.
For more details about this opportunity, please contact us.
Additional information
The working time is from Monday to Friday, 08:00 to 17:00. It is closed on Saturday and Sunday.