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Negotiations to enter the country of the mining multinational Rio Tinto are "very advanced"

The president of the diamond company Endiama said that negotiations for the entry of the mining multinational Rio Tinto in Angola are very advanced, admitting that this year will come to fruition.

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"Negotiations with Rio Tinto are quite advanced and the objective is to have the company in Angola this year," said José Manuel Ganga Júnior, who was speaking this Friday at a press conference in a commemorative session of the company's 40th anniversary.

The head of Endiama added that although it is not expected that Rio Tinto will start this year in the industrial exploration phase, it will be able to move forward with some "starting conditions" of the activity, in terms of evaluation or prospecting.

Beers and Petra Diamonds are other international companies that Endiama wants to attract to Angola.

"We have been talking and defining the main issues related to our relationship," he said, in relation to De Beers, with whom talks have been held for several years, looking for the return of the company, which was present in Angola between 2005 and 2012, to the country.

At issue are issues related to the commercialization policy and rules for the redistribution of social capital, among others, he pointed out, adding that several meetings have been held with those responsible for the diamond giant.

During this year, Endiama also hopes that the new projects will translate into the creation of around 3000 jobs.

Endiama, founded on January 15, 1981, is a national company dedicated to the prospecting, exploration and commercialization of diamonds, acting as an exclusive operator and concessionaire in the management of the value chain of the diamond subsector.

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