Sub-Sahara Mining & Industrial Journal
Mining News

Angola’s semi-industrial diamond earnings surpass $5m over 2 years

Angola’s revenue from semi-industrial diamonds stood at around 5.1 million U.S. dollars from March 2019 to September 2021, the country’s diamond company Endiama reported here Friday.

Ana Feijo, executive administrator of Endiama, said that during the same period, 34,855.53 carats of diamonds were produced and sold at an average price of between 88 and 131.18 U.S. dollars per carat.

The official made the statement while addressing an assessment meeting on the semi-industrial mining activities in the country.

Feijo also said that semi-industrial mining made it possible to employ 4,651 workers, both nationals and foreigners, with an increase of more than 1,000 workers compared to 2019.

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