No Conflict Diamonds | Angola Doubles Diamond Production in 2006
May 23, 2006, 2:25 pm99.4% of Angola’s exports are oil and diamonds. Showcasing the sharp increase of the booming diamond industry in this section of Africa. Which is needed for the region, true enough, but which I hope is being carefully watched for how they’re being gained to not be diamond conflicts. Seen further in the following article from afrol news:
Angola’s national diamond company Endiama has announced that it expects to double its production capacity in 2006. Endiama’s current capacity is about 6 million carats of diamonds per year. If the state company reaches its target, Angola will surpass South Africa and become Africa’s third largest diamond producer, after Botswana and Congo Kinshasa (DRC). The industry however still faces many problems.
According to information released by the Angolan government’s Agência Nacional para o Investimento Privado (ANIP), the national diamond mining sector is experiencing a boom-like revival.
africa diamondsafrol newsangola diamondsangola exportsconflict diamondsdiamonddiamond earrings and fashiondiamond marketdiamondsendiama diamonds—B | no comments
(posted in the diamond, diamonds, conflict diamonds category)
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