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Endiama sells 3.35 million carats
Anticipates increasing demand in Asia in 2009
By: Diamond World News Service
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Jun 14 2008 7:23AM
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Reference: 2721  

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Within the first five months of 2008, Endiama generated a total output of around 2.98 million carats of diamonds from the formal sector and 69,000 carats from the artisanal sector. A cumulative sale of both these amounted to 3.35 million carats of diamonds for $525 million, for the Angola-state owned mining company.

For 2009, the company has projected an increase in its production by 10 percent to 10.5 million carats, as it anticipates a thrust of increased demand from Asia and of new discoveries at its mines.

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