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Economy

  • Sun, 19 Jan 2020 10:41

    Endiama workers get social security payments

    Luanda - The National Diamond Company (Endiama) announced last Friday, in Luanda, that it has completed the payment of social security contributions to workers of the paralyzed companies, namely the Lucapa, Luarica, Fucaúma, Luxinge and Yetwene Mining Society.

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  • Wed, 15 Jan 2020 20:15

    Endiama negotiates De Beers return

    Luanda - The Angolan National Diamond Company (Endiama) is negotiating the return of De Beers to Angola and the entry of Rio Tinto, the world's largest mining companies, announced the chairman of Endiama's board of Directors, Ganga Júnior.

  • Tue, 14 Jan 2020 12:09

    Semi-industrial diamonds mining in Angola might shut down

    Luanda - The Angolan diamond sector might put an end to semi-industrial mining, aiming to provide more competitiveness, transparency and efficiency to the activities in the sector, announced last Monday, the chief executive officer of the state-owned National Diamonds Company (ENDIAMA), Ganga Júnior.

  • Tue, 14 Jan 2020 12:03

    Diamond sector with additional revenue of USD 34.7 million

    Luanda - Angolan diamond sector generated USD 1.2 billion in 2019, representing 10 percent increase from additional USD 34.7 million revenue compared to 2018, said the CEO of Diamond Firm Endiama.

  • Wed, 11 Dec 2019 17:18

    Catoca expects to reduce tax contribution this year

    Luanda - Catoca Mining Society expects to close the year down, contributing by the end of the current financial year, with about USD 90 million to the state coffer, below USD 217 million in 2018.

  • Fri, 22 Nov 2019 16:37

    Investments may boost diamond production

    Luanda - Angola's diamond sub-sector will invest USD 200 million in 2020 to boost production from 11.3 million carats to 13.8 million carats a year .

  • Mon, 18 Nov 2019 18:33

    Diamonds generate over 3,000 jobs

    Luanda - At least 3,097 jobs were created from February to October this year, with the reorganization of the semi-industrial diamond exploration activity in the country.

  • Thu, 07 Nov 2019 08:45

    Angola attends International Diamond Conference

    Luanda - Angola attended last Tuesday in Gaborone, the capital city of Botswana, in the International Diamond Conference.

  • Mon, 04 Nov 2019 19:25

    Fourth diamond cutter already in operation

    Luanda - A diamond cutting factory known as "KGK Angola", with a capacity to process 100,000 rough carats / year, was inaugurated Monday in Luanda, bringing to four the number of such units in the country.