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Angola Plans to Produce 13.8 Million Carats in 2022

The company is also projecting revenue of $1.5 billion in 2022
rough diamonds lulu angola lucapa
Credit: Lucapa

Angola, which was forced to reduce its guidance production to 9.3 million carats in 2021 due to the continued impact of the COVID-19 pandemic, has announced its plans to produce 13.8 million carats of diamonds in 2022, Rough & Polished reports.

 

big yellow diamond Angola
Credit: Lucapa

 

Ganga Júnior, Chairman of the state-owned diamond company Endiama, said that the company is also projecting revenue of $1.5 billion in 2022. During the first four months of 2021, Angla produced 3.1 million carats. During the same period in 2020, it produced 5.3 million carats.

 

Angola
Credit: Pincasso

 

Meanwhile, Angola’s Criminal Investigation Service (SIC) has seized 2,477 diamonds from illegal buyers in Cambulo, Lunda Norte province. The confiscation followed a tip-off “as part of the fight against illicit diamond trafficking under the ongoing “Operation Transparency.’”



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