A delegation from the Ministry of Mines and Energy of Namibia has visited the offices of ENDIAMA-E.P, with the aim of exchanging experiences to make the diamond subsector increasingly dynamic and attractive. The meeting was guided by the President of the National Diamond Company of Angola, Ganga Júnior, who also discussed with the Namibian delegation issues related to the exploitation of diamonds in the sea, an activity already developed by Namibia. Miina Gahutu, Director of
In 2022, the industrial exploitation of diamonds in the Democratic Republic of Congo (DRC) generated revenues of approximately 62.3 million US dollars, according to the annual report (2022) of the Technical Unit of Coordination and Mining Planning (CTCPM). This represents an increase of over 10 million US dollars compared to the previous year, where the export of industrially mined diamonds by companies had generated revenues of around 52 million US dollars. One of the companies
Diamond exports from the Democratic Republic of Congo (DRC) generated over $145.9 million in revenue throughout 2022, according to statistical data published by the Ministry of Mines. The 2022 annual report reveals that diamond exports to the Democratic Republic of Congo amounted to 11,683,439.31 carats. Artisanal production dominated diamond production in the country during the analyzed period, accounting for more than 7,353,996.44 carats and generating a total of $83.7 million. When examining artisanal diamond mining
President Mokgweetsi Masisi of Botswana has again taken aim at the longstanding partnership with diamond giant De Beers, launching a scathing attack and vowing not to settle for anything less than an improved agreement. The current deal, set to expire next month, grants Botswana a 25% share of rough diamonds mined under the partnership, while De Beers retains the majority. Negotiations for a pact renewal are underway, with Botswana pushing for a higher stake in
The diamond market now has a new information portal called “Diamond Impact,” which was launched yesterday with the aim of disseminating social activities carried out by companies in the sector for the benefit of communities. This was launched on Wednesday in Luanda and is managed by the Bumbar Mining Group, a company specializing in industry affairs. The platform provides digital, print, and multimedia information, showcasing community sustainability projects in diamond mining areas for the benefit
De Beers Sightholder Sales South Africa (DBSSSA) has unveiled its new rough diamond sorting, valuation and sales facility in Johannesburg. De Beers Group announced in January 2023 that it was relocating its Sightholder Sales activities in South Africa from Kimberley to Johannesburg following a review of its sorting activities in South Africa. The relocation supports the government’s strategy to consolidate the country’s mineral beneficiation sector into one area at the Gauteng Industrial Development Zone. The relocation
The Lulo Mining Society, which operates in the municipality of Capenda-Camulemba, Lunda-Norte province, wants to make new investments to intensify prospecting work in order to confirm the geological and mining potential of the known concession to extract rare and high-value diamonds. In statements recently given to the Public Television of Angola (TPA), on the sidelines of the delivery of means of transportation to the traditional authorities of the Xinge commune in Capenda-Camulemba, as part of
Angola’s National Diamond Trading Company (SODIAM) raised US$21.7 million from the sale of 1,206.91 carats in the sixth rough diamond special stone auction held in Luanda. The company stated that the special rough diamond stones come from Sociedades Mineiras do Catota, Chitotolo, Kaixepa, Lulo, Luminas, Lunhinga, Uari, and Cooperativa Moquita in an online statement. “Despite the current market situation, characterized by high stocks of polished diamonds and a shortage of liquidity, the total net value
SODIAM is going to hold an electronic auction on May 19th, to sale 36 special diamond stones to the registered national and international buyers. According to a press release from SODIAM-E.P., viewing sessions will take place from 8th to 18th of May, at the company’s offices in Luanda, and the bidding process, which will be carried out only electronically, closes at 10am of May 19th. The document also explains that the auction is directed to
Rio Tinto is celebrating 20 years of production from its Diavik diamond mine in the Northwest Territories of Canada. The Diavik diamond deposit was discovered in the 1990s as part of the largest mineral prospecting rush in Canadian history. Commercial production at Diavik began in 2003, and since then Diavik has produced over 140 million carats of rough diamonds through a combination of surface and underground mining. The Diavik production comprises predominantly white gem-quality diamonds
