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MEI Online: Commodities: Non-Metallic Ores: Diamond: Latest News: May 24th 2006

 
 

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:: Diamond Junior Erects SA-sourced Treatment Plant in Angola

A mining junior active in Africa has begun to erect a new South African-sourced diamond plant in Angola, Mining Weekly Online can report. The operations of exploration and mining company Xceldiam Limited, which is listed on the London Stock Exchange's Alternative Investment Market (Aim), are focused on kimberlite and alluvial exploration at the Luangue concession in north-eastern Angola.

In a media release on Tuesday, Xceldiam chairperson and CEO Tim George reports that the extent of the alluvial gravels look more promising than previously anticipated: "We are now eagerly awaiting the results of the processing of the gravel samples," he says.

Erection has begun of the front-end scrubber section of the 70t/h alluvial-treatment plant and 6t/h mobile alluvial prospecting plant, which were sourced from Alluvial Diamond Plants Metco, of Cape Town.

The initial sites for these two facilities are in the N'Gombo area and have been prepared in advance using a new Volvo earthmoving fleet, the release says.

The 20t/h dense-media separation plant and flow-sort diamond-recovery sections, which have arrived in Luanda, will be commissioned following the commissioning of the treatment plant.

The initial alluvial sampling activities will focus on a 5km terrace along the Luangue river, between the Sampoio and N'Gombo tributaries. This area, which has been the exploration focus to date, is associated with the kimberlitic anomalies identified as priority drilling targets, the release says.

 

 

   

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