GJ Town India

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 ...

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...