About 60.7 million kwanzas were collected during the second quarter of this year in Bié province, resulting from the granting of licenses for the sale of aggregates, taxes on diamond production, diamond exploration and issuance of permits. The data were provided by the director of the provincial office for the Integrated Economic Development of Bié, Israel Elavoco. Of this amount, taxes on diamond production represented the highest bar with 9 million kwanzas According to the
In the 2021 financial year, revenue from the sale of diamonds in the country reached a value of US$1.6 billion, according to the report by the Sociedade de Comercialização de Diamantes (SODIAM). Compared to 2020, this figure represented an increase in revenue of 60.6 percent, influenced by the increase in the average price of 39.2 percent, and by the increase in the volume of rough diamonds sold by 15.4 percent. The average price was 182.16
The National Company for Prospecting, Exploration, Lapidation and Marketing of Diamonds in Angola (ENDIAMA) will create a database on the country’s diamond production. Speaking to the press, on the sidelines of the opening of the workshop on Data Integration and Information on Diamond Projects in Angola, which takes place in Luanda, the chairman of the Board of Directors of ENDIAMA, Ganga Júnior, said that the process is already underway, and will be implemented through the
Africa’s vast hydrocarbon resources present an opportunity for the continent to secure its energy supply, improve energy access and drive socioeconomic development. With the continent’s oil and gas industry rapidly expanding owing to increases in energy demand across the continent and at globe scale, the role local energy companies play in driving energy developments continues to expand. Global chemicals and energy company Sasol will be returning to this year’s edition of the African Energy Week
The Australian company Lucapa Diamond Company announced this Monday that it had discovered a 160-carat diamond in the same block from which it extracted the “Rosa do Lulo”, the 170-carat diamond discovered at the time in early August, having been considered the largest of this hue, found in 300 years. The new diamond, white, with superior quality of type IIa, is the 28th with more than 100 carats to be extracted from the Lulo Mine
A diamond over 150 carats was discovered in Lucapa, in the province of Lunda Norte, announced today the Lucapa Diamond Company, advances Agência Lusa. In the same block where the “Rosa do Lulo” was recently mined, with 170 carats, this becomes the sixth largest found in the mine in Capenda, Camulemba. According to the same source, the new diamond is white, with superior quality of the Ila type and is the 28th with more than
The global diamond industry continues to recover from the impacts of the Covid-19 pandemic during 2021, as a result of the cooling of economies and the adaptation of national markets. In the first half of the current year, according to the De Beers report, consumer sales of diamond jewelry in the United States of America and China recorded positive growth, not only in the revenues affected by Covid-19 in 2020, but also compared to 2019
In line with the mining operations in the provinces of Lundas Norte and Sul, we were able to witness the complexity of all the engineering work, developed with alluvial diamond deposits in mind, which became more valued from 2018 onwards, with the implementation of a new commercialization model, which eliminated the so-called “preferred customers”. The first stop was at N’zaji, municipality of Cambulo, base of operations of SMC (Sociedade Mineira do Chitotolo), since 1986, with
The Sociedade Mineira do Chitotolo (SMC) suspended operations in the areas of Chitotolo, Muyta and Sangulungu, keeping them in Maludi, which represents 40 percent of the activity of the consortium owned by Angola’s Endiama and Lumanhe, as well as Australia’s ITM. The partial interruption of operations was decided to comply with the restrictions imposed by the State of Emergency in force in the country since March 27, giving rise to authorization for home confinement for
Two projects are in pilot production, located in the province of Lunda Norte, the region where the largest number of mines and diamond projects are located, although Lunda Sul is the largest diamond producer in the country. There are a total of 42 projects participated by Endiama Mining. Of the 42 mining projects participated by Endiama Mining, the diamond operator of the Endiama group, 21 are at a standstill, five are in prospection and only 11
