Diamond sales in Angola total US$99 million in September

4 November 2015

The sale of diamonds mined in Angola earned the country US$99.5 million in September, a decline of nearly 20 percent over the same month of 2014, according to a report from the Ministry of Geology and Mining.

The same report said that in September Angola sold diamonds weighing 794,000 carats at an average price of US$125 per carat.

The amount sold in September represents a year on year fall of 7.68 percent in terms of quantity and 18.61 percent in value.

Compared with August 2015 there was an increase in the quantity and value of 19.19 percent and 24.51 percent, respectively.

The sale of diamonds by Angola from January to September increased compared to the same period of 2014 exceeding US$866 million and 6.5 million carats. (macauhub/AO)