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Angola highlights falling NDs price & LGDs expands!

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  Sociedade Mineira do Luele expects production of over 6 mn Cts   The target for the year 2025 was announced in Lunda-Norte, by Rómulo Mucase, President of the Board of Directors of Sociedade Mineira do Luele [SML]. According to the manager, who was speaking to the press during the Half-Yearly Diamond Production Review, this is a commitment made for the current year, in order to meet the goals established by the National Development Plan. So far, Mucase said, the production program of the company he manages has reached an execution level of around 88%, having highlighted that during the second half of the year, measures were implemented to overcome constraints encountered in the first six months of the year.    Referring to investments, for November of this year, the CEO of SM Luele said at the time, the second ore treatment line has been confirmed, which will allow the treatment of one thousand tons per hour, surpassing the current capacity of five hundred tons...