Angola has more than a million carats of diamonds in storage, waiting for the market price to improve so that they can be sold, the chairman of the board of directors of the Angolan National Diamond Company (Endiama) said today. José Ganga Júnior, quoted by Angolan news agency Angop, was speaking yesterday in Dundo, the provincial capital...
Tag: diamonds
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World's largest diamond producer hires Equinor executive to be CEO
The world's largest diamond producer, De Beers, has hired and appointed Equinor's current Executive Vice President for International Exploration and Production, Al Cook, to serve as CEO. Cook will replace Bruce Cleaver, who resigned from the post after eight years at the helm of the world's largest diamond producer. Bruce Cleaver...
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Portuguese startup produces diamonds from human ashes
The Portuguese startup CRE.MAR produces diamonds based on ashes that arise from the cremation of bodies and, for this ingenious idea, won the Road2WebSummit. The founder of the startup, Víctor Oliveira said that the idea came up in 2017, and for now intends to stabilize the business in the Portuguese market and, next year, progressively enter the...
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Mozambique makes major breakthrough in diamond industry
A major advance may be made by Mozambique in investments in the diamond sector. The steps towards Mozambique's accession to the Kimberley Process, whose formalization is expected later this year, will open the door to the diamond market
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Mozambique may be admitted to the Kimberley Process in November
Mozambique hopes to be admitted to the Kimberley process - a mechanism that allows the legal exploration and sale of diamonds in the world - in a plenary session to be held in November, in Russia