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Showing posts with the label Angolan diamond-credibility

Endiama begin talks on its future partner!

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Angola endeavour to set their diamonds credibility   The chairman of the board of directors of Endiama-EP, Ganga Júnior, and his counterpart at Maaden, Abdul Aziz Al Maqbali, began face-to-face talks between the state diamond company and its future partner.   During the meeting, Abdul Aziz Al Maqbali reported that “the two companies are quite aligned and working smoothly, and should close negotiations on investments to be carried out in the coming days”, when President João Loureço visits the Sultanate of Oman. “There are strong ambitions from both companies to strengthen the Angolan diamond value chain and the economy of both countries,” said Maqbali, after leaving the audience granted to him by the Minister of Mineral Resources, Oil and Gas, Diamantino Azevedo.    Maaden International Investment is an Omani company that will hold the shares of Alrosa (41% in Catoca) and the indirect part, via Catoca, corresponding to Alrosa in Luele.    We recall ...