The investors of cutting and polish diamond in Angola said they are pleased with the announcement of exceptional measures to be implemented by the Ministry of Mineral Resources, Oil and Gas, in order to reduce Value Added Tax. According to Brás da Silva, representative of the Minas Raras company, the decision will ease the burden and boost the investment of factories and investors in the cutting and polish diamond area and, in the future, in
GIA, (Gemological Institute of America) will join Tracr, the world’s only distributed diamond blockchain platform that starts at the source of natural diamonds. GIA’s participation in Tracr will see the world’s leading diamond grading laboratory include an immutable record of the provenance of polished natural diamonds in its diamond grading reports for the first time as the industry continues to progress towards a unified approach for provenance assurance. Consumers purchasing a diamond traced from the
On the 19th of this month, in Luanda, the Angolan National Diamond Trading Company (SODIAM EP) holds an electronic auction for the sale of 36 “special” diamond stones, open to registered national and foreign buyers. The viewing sessions will take place from today the 8th to the 18th, at the headquarters of Sodiam EP, in the country’s capital, and the bidding process, which will only be done electronically, closes the 10 am on the aforementioned
The world’s largest diamond, discovered in South Africa in 1905, was given to the British monarchy two years later and has been in its possession since. Some South Africans are calling for the United Kingdom to return the world’s largest diamond, known as the Star of Africa, which is set in the royal sceptre that King Charles III will hold at his coronation on Saturday. The diamond, which weighs 530 carats, was discovered in South
The director of KAPU GEMS, Kalpesh Vaghani, revealed Thursday27th April at Saurimo, that his company will continue to invest in Angola in the cutting and polish diamond industry. Vaghani said that KAPU GEMS has already invested more than one million dollars since 2021 and created more than one hundred employment. “We have been facing many challenges during the last two years. Cutting and polish diamond activity is new in Angola and there is rule that
The diamond project, Yetwene, in Camissombo (Lucapa), Lunda-Norte province is back in production, started this Wednesday, 26th April after ten years of inactivity. The entrance to the mining exploration phase takes place on the day that marks “Miner’s Day” and should be attended by the Minister of Mineral Resources, Oil and Gas, Diamantino Azevedo and the governor of Lunda-Norte, Deolinda Vilarinho. Association in Participation, the Yetuwe Project is formed by Endiama Mining, Mountain Stability, Sociedade
Storm Mountain Diamonds, a subsidiary of Namakwa Diamonds, has recovered a 108.39-carat fancy pink diamond at its Kao mine in Lesotho. It said the rare Type IIa gemstone is one of the largest pink diamonds ever discovered. The Kao mine produced the 47.81-carat Pink Eternity in 2022; the 25.97-carat Pink Dawn and the 21.68ct Pink Palesa in 2021, as well as the 29.59ct Rose of Kao in 2018. Storm said the latest discovery reinforces Kao
ENDIAMA is increasingly committed to the qualified training of Angolan students in the field of engineering, said the executive director of the national diamond company of Angola, Domingos Margarida, when he witnessed on behalf of president Ganga Júnior the delivery of ten computers to the Department of Education and Research of Engineering School of the Agostinho Neto University. He explained that the offer of the computers resources to the institution of the higher education is
The Yetwene Project, an alluvial diamond mine with an extension of 508 square kilometers, located in Lukapa, Lunda-Norte, will begin operating in the coming days, with a production of around 10,000 carats per month, announced Friday 14th April the Chairman of the Board of Directors of Endiama, José Ganga Júnior. With an investment in the prospecting phase of around US$25 million, the project generated a total of 500 jobs. With a 20 percent stake in Endiama, the mine
The National Diamond Company of Angola is evaluating a proposal aimed at installing, in the near future, simulators for training mining operators at the ENDIAMA Technical-Professional Training Centre, located in Saurimo, Lunda Sul. The information was provided, Monday 10th April, in Luanda, by the director of Studies and Projects at the company, Ady Van-Dúnem. The person in charge made it known that the aforementioned equipment allows technicians who will operate an excavator or a bulldozer machine to
