Transparency to diamond market: Angola
Tender under Angola’s New diamond marketing laws The Angola government says, according to a source from the National Prospecting, Mining, Trading and Polishing Company of Angola (SODIAM), with the public sale of very high quality diamond stones, begins the implementation of the new diamond trade policy approved by the Cabinet Council aimed at ending the monopoly and preferable clients. The statement arrived from Angola Government in the context of Lucapa. Earlier Lucapa Diamond Company & their partners had announced about that diamonds from the Lulo mine in Angola will feature in an historic inaugural international tender under Angola’s new diamond marketing laws just approved by the President of Angola, His Excellency Joao Lourenco, and the Council of Ministers. As such, Sociedade Mineira Do Lulo (SML) will showcase and sell the seven large and exceptional Lulo diamonds it has in inventory through an exceptional stone tender to be held in the offices of S...