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Trans Hex Group Inks Angolan Diamond Contract

Investing News Network
May. 14, 2010 06:04PM PST
Diamond Investing

Trans Hex Group Ltd, 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 […]

Trans Hex Group Ltd, 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.

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