HomeDiamonds & GemstonesAngolan production nudges 10 million carats

Angolan production nudges 10 million carats

Aerial view of
the diamond plant
at Alto Cuilo,
in Angola
Cape Town, South Africa — MININGREVIEW.COM — 11 February, 2008 – Diamond production in Angola last year reached 9.7 million carats, representing revenues estimated at US$1.27 million (R9.5 million), reports allafrica.com, quoting the Angolan News Agency ANGOP.

The news agency learnt from a source at the National Diamond Company of Angola, ENDIAMA – while attending the International Mining Indaba here – that industrial production in 2007 amounted to 8.6 million carats, while artisanal output reached 1.1 million carats. Company estimates quoted production in 2006 at approximately 10 million carats – a huge 67% increase over the 4 million carats produced in 2005.

ENDIAMA attended this week’s Mining Indaba for the express purpose of promoting Angola’s potential as a diamond producer, and highlighting the main activities in the Angolan diamond sector, with the intention of attracting international investment in Angola in general, and in diamond mining in particular.