|Angola has extensive diamond reserves estimated at 180 million carats, mostly in the provinces of Lunda Norte and Lunda Sul in the central and northeastern parts of the country. |
More than 700 kimberlites have been located. Most are located along a north east - south west trend that extends into neighbouring DRC.
|Over the last five years, while production remained fairly steady at the Catoca mine, international mining companies abandoned their operations. That trend is now starting to reverse.|
Angola is also known for its significant gold and oil reserves.