Angola: Pushed by Luanda, Russia sells its shares in diamond mines
A few days before U.S. President Joe Biden’s visit to Angola, the country is pushing Russia to withdraw from its diamond mining operations, signaling support […]
Diamond
De Beers has identified eight new potential diamond production areas in Angola
De Beers has identified eight new kimberlite deposits in Lunda Sul, Angola, and is in discussions with the Government to sell “some of the best […]
South Africa: Diamond dealer suspected of €200 million fraud arrested
Authorities in South Africa have arrested nine suspects involved in a major diamond investment scam, with over 200 million euros reportedly stolen since 2019. At […]
Angolan Sodiam raises $13 million from diamond sales
Angola’s State diamond company, Sodiam, raised $12.9 million from the sale of 44 diamonds totaling 1,493 carats. The auction, held on October 16, featured stones […]
Angola’s diamond reserves estimated at over 700 million carats
Angola has diamond reserves estimated at 732 million carats, potentially worth $140 billion (125.7 billion euros) at an average price of $200 per carat, according […]
The world’s second-largest diamond discovered in Botswana
A Canadian mining company on August 22 announced the discovery of a massive diamond, the second largest in the world at 2,492 carats, from the […]
Central African Republic Suspends Chinese Mining Company Amid Allegations of Militia Ties
The Central African Republic government has suspended the operations of Daqing SARL, a Chinese gold and diamond mining company, due to alleged cooperation with armed […]
Angola’s current diamond situation “not good in market terms”
The chairman of the board of directors of Endiama, Angola’s State diamond company, said on Wednesday August 2, that the diamond market is not in […]
Botswana offers Angola 8.000 elephants to repopulate national parks
Botswana has offered 8,000 elephants to Angola for the repopulation of parks in the country and will also share its experience in the area of […]
Angolan economy grows between 1% and 1.5% in 2023 penalized by oil performance
The Angolan economy is expected to grow between 1% and 1.5% in 2023, penalized by the performance of the oil sector, which is expected to […]