CAMAFUCA-CAMAZAMBO

SouthernEra Diamonds construction of the Camafuca diamond project in Angola has taken a crucial step forward. This follows meetings with SouthernEra's partners of the Camafuca operating company, Camafuca Sociedade Mineira, Lda. (CSM), in August and October this year. The mining licence for the Camafuca project has been issued following the joint government approval and ratification for the formation of CSM, and the Angolan council of ministers' approval of the project. These approvals guarantee that no further consent from the Angolan authorities will be required.

The mining licence for the project has been issued.

Final approval was received from the Angolan Government for the formation of the operating company which will be issued the mining licence for the Project allowing construction of the project to commence.