Angola: 2nd Angola International Mining Fair held in June

11 February 2008

Luanda, Angola, 11 Feb – The 2nd edition of the Angola International Mining fair (FIMA) is scheduled for 18 to 22 June, at the Expo-Angola exhibition center, in Luanda, Angola’s Geology and Mining Minister, Manuel Africano said Thursday in Luanda.

According to Angolan news agency Angop, the event will be themed, “The challenges of the mining industry in supporting sustainable development” and aims to create opportunities and structure business deals between national and foreign companies involved in the mining sector.

The 1st edition of FIMA was held in 2006 at the Filda exhibition facilities, organized by the Geology and Mining Ministry, with the technical support of diamond mining company Endiama and Expo-Angola.

In 2007, Angola’s diamond production totaled 9.7 million carats, with a market value of US$1.3 billion, against 100,000 carats in 2005.

The 2007 total, according to Endiama, represented industrial production of 8.6 million carats and traditional production of 1.1 million carats. (macauhub)