Notice: Undefined variable: images_size_articles_big in /home/jnico/public_html/catalog/controller/newsblog/article.php on line 135Notice: Undefined variable: images_size_articles_big in /home/jnico/public_html/catalog/controller/newsblog/article.php on line 135Warning: imagecreatetruecolor(): Invalid image dimensions in /home/jnico/public_html/system/library/image.php on line 105Warning: imagecolorallocate() expects parameter 1 to be resource, bool given in /home/jnico/public_html/system/library/image.php on line 113Warning: imagefilledrectangle() expects parameter 1 to be resource, bool given in /home/jnico/public_html/system/library/image.php on line 116Warning: imagecopyresampled() expects parameter 1 to be resource, bool given in /home/jnico/public_html/system/library/image.php on line 118Notice: Undefined variable: images_size_articles_small in /home/jnico/public_html/catalog/controller/newsblog/article.php on line 136Notice: Undefined variable: images_size_articles_small in /home/jnico/public_html/catalog/controller/newsblog/article.php on line 136Warning: imagecreatetruecolor(): Invalid image dimensions in /home/jnico/public_html/system/library/image.php on line 105Warning: imagecolorallocate() expects parameter 1 to be resource, bool given in /home/jnico/public_html/system/library/image.php on line 113Warning: imagefilledrectangle() expects parameter 1 to be resource, bool given in /home/jnico/public_html/system/library/image.php on line 116Warning: imagecopyresampled() expects parameter 1 to be resource, bool given in /home/jnico/public_html/system/library/image.php on line 118 Angolan diamond sector generated US$1.2bn

Angolan diamond sector generated US$1.2bn

Angolan diamond sector generated USD 1.2 billion in 2019, representing 10 percent increase from additional USD 34.7million revenue compared to 2018, said the CEO of Diamond Firm Endiama. Taking stock of the activity carried out by the company, Ganga Júnior, said that in 2019, the sector sold 9.1 million carats at an average price of USD 138.58/carat in industry production.

As for 2018, Ganga Júnior put the sales at USD 148.65/carat), adding that there was a decrease of 7 percent in the average price. The total carats recovered in 2019 (Industrial and Semi-industrial) was of 9.1 million, as result of production by 12 mining companies.

Endiama has carried out operations at the Lunhinga and Uari mines. The company's CEO also announced plans to build a vocational training centre in development park of Saurimo Agro-Industry as well as promoting diamond cutting houses.