Angola News

Year-to-date sales of Lulo diamonds total $24.5 million at an average price of $1,353 per carat

Angola has raked in $264 million from rough sales - down 16.6% year-on-year

This is the first time a WDC mission went to Angola outside of a formal KP meeting

Change in policy expected "to increase the number of enterprises seeking to buy Angolan diamonds"

Angola's Catoca mine estimates that diamonds were “sold on average for 24% below market"

Angolan diamonds sold for an average of $116,76 per carat in 2017

Alrosa bought a further 8.2% stake in the mine for $70 million

De Grisogono is controlled by the husband of former Angolan Presidents' daughter

Angola’s leading diamond producer is expected to produce 8 million carats of diamonds in 2017

João Lourenço has called on Endiama to re-evaluate its diamond trade policy

ALROSA President attended the inauguration and met with the management of Endiama

Endiama will establish five more semi-industrial mining cooperatives throughout the country

A 5-year geological research conducted by Alrosa sees bright future for the country