Angola Looks To Boost Diamond Production By 2025

Angola Looks To Boost Diamond Production By 2025

From Energy Business Review

The federal government of Angola has urged diamond mining companies to increase annual production rate by nearly 5 percent.

The Ministry of Geology and Mining had called National Diamonds Company (Endiama E.P) and operators of the diamond industry for a meeting, during which the ministry has directed the company to increase the production in a sustainable way.

Geology and Mining Minister Francisco Queiroz has asked the companies to reach the production figure as a part of the National Development Plan of Angola 2025.

Queiros has also directed the diamond producers to regularly submit information about their activities to the state-owned diamond company Endiama.

Read more at Energy Business Review.