Diamond Investing News » Trans Hex Group Inks Angolan Diamond Contract

Trans Hex Group Inks Angolan Diamond Contract

May 14, 2010 @ 7:04 pm In Diamond Company News

Trans Hex Group Ltd ^[1], a diamond company registered in South Africa has announced the contract finalization for the Luana concession in Angola. Aside from this new contract Trans Hex has two other mines in Angola, the Luarica and Fucauma operations, both of which are operational.

The new partner is Angolan state-owned diamond company Endiama which holds a 39 percent stake in the Luana mine. Trans Hex now owns 33 percent.

Click here to access the entire news ^[2]

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URLs in this post:

[1] Trans Hex Group Ltd: http://www.transhex.co.za/

[2] Click here to access the entire news: http://www.miningweekly.com/article/trans-hex-signs-angola-diamond-mining-contract-2010-05-13