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Showing posts with the label Angolan diamonds

Traceability allows openness & transparency

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  Around 90% of Angolan diamonds are now traceable   In the City of Dundo, by the Director of Studies and Projects of Endiama EP, Ady Van-Dúnem, on the sidelines of the second day of the 2025 Semi annual Diamond Balance, which takes place at the Lueji A'nkonde University Campus.   According to Van-Dúnem, this is a key innovation, as consumers demand more information about the positive impact on communities, as well as the origin of the diamonds they purchase. Therefore, the implementation of traceability processes in the national diamond subsector has allowed for greater openness and transparency in the Angolan diamond industry. For the person in charge, the focus on innovation has as its central objectives the leveraging of productivity levels and the reduction of operating costs, the latter of capital importance, in a context such as the current one, in which prices are slowing down.    Ady Van-Dúnem also highlighted Sociedade Mineira do Luele's invest...

Angola highlights falling NDs price & LGDs expands!

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  Sociedade Mineira do Luele expects production of over 6 mn Cts   The target for the year 2025 was announced in Lunda-Norte, by Rómulo Mucase, President of the Board of Directors of Sociedade Mineira do Luele [SML]. According to the manager, who was speaking to the press during the Half-Yearly Diamond Production Review, this is a commitment made for the current year, in order to meet the goals established by the National Development Plan. So far, Mucase said, the production program of the company he manages has reached an execution level of around 88%, having highlighted that during the second half of the year, measures were implemented to overcome constraints encountered in the first six months of the year.    Referring to investments, for November of this year, the CEO of SM Luele said at the time, the second ore treatment line has been confirmed, which will allow the treatment of one thousand tons per hour, surpassing the current capacity of five hundred tons...

De Beers-Endiama JV intersected kimberlite!

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  The first drill hole into a high-priority cluster of targets    De Beers Group, together with Angola’s national diamond company, Endiama, announced a significant step forward in their joint exploration efforts with the discovery of kimberlite, the host rock for diamonds, in Angola.    In July 2025, the De Beers-Endiama joint venture [JV] successfully intersected kimberlite in its first drill hole into a high-priority cluster of targets, identified from the airborne surveys completed in March 2025. This breakthrough represents the discovery of the first new kimberlite field by De Beers Group in more than three decades.  Over the coming months, further drilling, ground geophysical surveys, and laboratory analysis will be conducted to confirm the kimberlite type and assess its diamond potential.  This latest milestone builds on the foundation of two Mineral Investment Contracts signed between De Beers and the Government of Angola in April 2022, ...

Revenues increased at Angola diamond sector

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Produced 9.4 million carats Eye to earn 2.1 billion by 2022 The Angolan diamonds sector produced last year a total of 9.4 million carats of diamonds, which enabled the yielding of USD1.2 billion and the increase of revenues in relation to the year 2017. Speaking at a press conference, the CEO of the state-owned National Diamonds Company (Endiama), Ganga Júnior, disclosed that in 2017 the sector collected USD 1.1 billion (at the average price of USD 113.5). In 2018, he continued, the industrial production of diamonds reached 9.2 million carats, representing an 8 per cent increase, while the semi-industrial and artisanal production of the precious stone reached 212,544 carats, a figure very bellow the 465,122 carats achieved in 2017. Angop has learnt that the increase in production was stimulated by the new governmental policy that enables diamonds exploration agents to sell up to 60 per cent of their production, thus putting an end to trading only with preferential ...

Angolan Operation Transparency goes nationwide

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To combat illegal diamond Mining and immigration Operation Transparency, which aims to combat illegal diamond mining and immigration, will enter its third phase and will cover the provinces of Huambo, Huila, Cuanza Sul, Cuanza Norte, Cunene, Benguela and Cabinda. Due to the proximity to the Democratic Republic of Congo (DRC), which is in the electoral period, the province of Cabinda will be temporarily out of the process. This third phase, which began on September 25, 2018, will cover the Angolan maritime perimeter, Angop learned in Luanda, from the spokesman for the operation, António José Bernardo. The decision was taken after the meeting of the Support Committee to the National Security Council to Combat Illegal Immigration and Illicit Trafficking in Diamonds, which analyzed the report on the implementation of Operation Transparency under the guidance of the Minister of State and Head of the Security House of the President of the Republic, Pedro Sebastião. A...