China Railway Construction Corporation to prospect for diamonds in Angola

11 June 2014

The China Railway Construction Corporation (CRCC) has signed an agreement of intentions with Angolan diamond company Empresa Nacional de Diamantes de Angola (Endiama) to prospect for diamonds, the Angolan press reported recently.

Focused on the province of Kwando Kubango, the agreement of intentions allows both sides to start preparing a definitive agreement.

The chairman of Endiama, António Carlos Sumbula said that the Chinese company would work on identifying and analysing the anomalies found underground so that at a later stage it could start test drilling.

Endiama is the Angolan state company responsible for prospecting, exploration, cutting and sale of diamonds in Angola. (macauhub/AO/CN)