The National Diamond Trading Company of Angola (SODIAM) raised, this Friday 19th April, 17 million dollars with the sale of 636.28 carats (auction of 20 special stones).
According to a press release, these are rough diamond productions from the Mining Companies of LULO SOMILUANA, CHITOTOLO, UARI and KAIXEPA.
The evaluation sessions took place from the 11th to the 18th of this month, at SODIAM’s facilities in Luanda, with bids being submitted electronically on the online platform www.transatlanticgemsales.com, until 10am today.
A total of 29 companies participated in the auction, representing the main diamond markets and centers in the world.
According to the president of the Board of Directors of SODIAM, Eugénio da Rosa, cited in the same statement, “this auction allowed us to gauge the sentiment of the market and the global diamond industry at a time when actors are struggling with certain endogenous and exogenous factors that still convey some insecurity.”
