Angola Q1 sales of 2.6 million carats!


Registers diamond sales
worth of US$ 368mn

The gross revenue from the sale of diamonds and ornamental stones was 368 million US dollars during the first quarter (Q1) of this year, with sales of 2.6 million karats. In this period, revenues of US $ 106,572 million (40.7 percent) and 31.5 percent of total carat sales were registered, compared to the quarter of 2018.

According to data presented, by the Ministry of Mineral Resources and Petroleum, two million carats (94.6%) are diamonds of kimberlitic origin and 143.398 carats of alluvial origin.

The information, presented during the analysis of the activities of the first quarter of this year, indicates that diamonds traded in the balance sheet date come from the provinces of Lunda Sul (93.6 percent) and Lunda Norte (6.4 percent).

On the sidelines of the act that also planned the market for diamonds and ornamental stones for the second quarter of this year, the Secretary of State for Mines, Jânio Correia Victor, said that the sale increased by 31.5 percent.


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