Expo-Minas turnover valued at US$30 million

2 May 2006

Luanda, Angola, 02 May – Angola’s International Mining Fair (FIMA), which closed Sunday in Luanda, reached turnover of an estimated US$30 million, the deputy Geology and Mining Minister, Mankenda Ambroise said Sunday.

According to Ambroise, who was speaking at FIMA’s closing ceremony this was a provisional figure, and final figures would be announced at a later date.

FIMA, Ambroise said, reached its desired aims, namely greater dissemination of Angola’s mining potential and investment opportunities.

The Fair was organized by the Ministry of Geology and Mining, state diamond company Endiama and Expo-Angola.

120 companies took part in the event from the mining, cutting and sale of diamond sectors, as well as jewelry manufacturers and equipment producers for the sector. (macauhub)