Spotlight ANGOLA Africa Mining Intelligence Issue 151 dated 07/03/2007

Saudis Invest in Angolan Diamonds

Two exploration companies partly owned by prominent Saudi Arabian stakeholders and highly active in the diamond-rich Luanda Norte region, Petra Diamonds and Xceldiam, have tightened their already-strong ties. On March 1, after five weeks of bargaining, Petra Diamonds, which is [...]

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