Angola intends to cut and polish 20% of the diamonds mined in the country, with the remaining 80% being exported in the rough, the Minister of Mineral Resources and Oil said on Tuesday February 11, 2019. Diamantino Azevedo said that as part of the new official diamond production and marketing policy, this move aims to …
Angola wants to polish 20% of the diamonds extracted. Read More »
Tango Mining Angola Alluvial Diamond Project; Signs Service Agreement VANCOUVER, British Columbia, Sept. 11, 2018 (GLOBE NEWSWIRE) — Tango Mining Limited (“Tango” or the “Company”) (TSXV:TGV) is pleased to announce that it has signed a Services Agreement for Mining and Marketing of Diamonds with Cooperativa Mineira Do Moquita, SCRL (“Moquita”) on a 147 square kilometer (“km”) …
Angola’s Catoca, “Sociedade Mineira de Catoca” the world’s fifth largest diamond mine, estimates it lost $464 million over the past six years due to a government-imposed marketing system that obliged it to sell production below international prices, a company presentation seen by Reuters showed. The figure was presented during a private meeting in March between …
Angola Renews Sales Policy On Rough Diamonds Luanda, Angola — The Angola Ministry of Mining and Petroleum Resources has set up a working group to renew the profit-orientated sale of rough diamonds. The Secretary of State for Geology and Mines, in Angola Jânio Victor will be heading up the group. This working group, as stated in the …
