Angolan Government, through belonging to him diamond mining company Endiama intends to formalize the requirements for semi-industrial and artisanal diamond mining in the country.
Director of Geology of Kitamba Luis (Luis Kitamba), as quoted by Macauhub, noted that new legislative initiatives will be taken at the request of the authorities of Lunda Norte province, who want to put an end to clashes with security forces in the diamond company mining concessions in the region.
He also noted that the new requirements will allow young people to participate in diamond mining and improve the process of issuing mining licenses artisanal diamond. In addition, the tax will be facilitated by the process.
As an added Kitamba, the new legislation will allow a better fight against illegal diamond mining and smuggling of precious stones.
However, he concluded, the Angolan Government has already approved the activity of 13 semi-diamond cooperatives.
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Extraction results of the Group I ALROSA quarter 2016 totaled 8.2 million carats, a decrease of 2% compared to the same period last year due to the following factors:
- increasing volumes of ore processing tube with "World" and the reduction of ore processing volume from the tube "International";
- partial substitution of ore being treated from the tube "Successful" ore from the tube "Zarnitsa" in connection with the end of open pit "successful".
According to preliminary data, the volume of sales of diamonds amounted to 12.1 million carats in the I quarter of 2016, including 8.9 million carats of gem-quality diamonds at an average price of $ 146 / carat and 3.2 million carats of technical quality diamonds at an average price of 7 $ / carat. The proceeds from diamond sales amounted to at least $ 1.3 billion.
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