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 collected from the auction was USD 21.7 million with the sale of 1,206.91 carats”, says the company.
