Safdico seals deal to polish Angolan diamonds

Going regional: Moses PIC: MORERI SEJAKGOMO
Going regional: Moses PIC: MORERI SEJAKGOMO

Diamond polishing and trading firm, Safdico has signed a deal with fast-rising diamond miner, Lucapa Diamond Company, for the rights to cut and polish up to 60% of that company’s annual production at its Angolan mine.

Already, Safdico, which owns a local diamond and cutting firm and also operates the Diamond Technology Park near the Sir Seretse Khama International Airport, has bought a ‘significant’ portion of the 4,900 carats made available from Lucapa’s Lulo Mine.

Lulo Mine is targeting the production of 60,000 carats this year and in the four years since its commissioning, has distinguished itself for unearthing large stones, with 14 diamonds of more than 100 carats produced to date.

Editor's Comment
Stay safe this holiday season

However, amidst the happiness, it is crucial to remember that the holidays can also bring unforeseen challenges. From increased traffic and travel hazards to heightened risks of accidents and social unrest, the festive period demands heightened awareness and responsible behaviour.Traffic congestion and accidents are a common occurrence during the holidays. With increased travel, roads become busier, leading to a higher risk of collisions. Alcohol...

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