Diamond polishing in Angola to begin in September

15 August 2014

Angola will begin to polish its first diamonds starting in late September, the head of the Endiama national diamond company, António Carlos Sumbula, said on Thursday in Luanda.

“The first steps will be taken late this coming September,” Sumbula said at the end of a visit by several African ministers responsible for mineral resources development, Angop news agency reported.

The Endiama chairman added that besides polishing, the company also aims to create conditions so that Angola can begin producing jewellery using the diamonds it mines.

Angola is among the world’s top five diamond producers in terms of value and among the top ten producers in terms of quantity.

Statistical data indicate production of 8.3 million carats, bringing in gross revenue of US$1.1 billion per year. (macauhub/AO)