Ver Angola

Raw Materials

Country cashed in 1.7 billion dollars with diamond exports in 2021

Angola collected 1.7 billion dollars from diamond exports in 2021. The information was provided by Ganga Júnior, chairman of the Board of Directors (PCA) of Endiama, who revealed that around nine million carats were produced last year.


"In 2021, production will be very close to nine million carats. Exports amount to around US$1.7 billion," he said, quoted by Rádio Nacional de Angola (RNA).

Regarding plans for this year, the official informed that production of more than 10 million carats is expected and a turnover slightly above that of 2021: "For this year 2022, the perspective is for production of 10 million carats and a turnover significantly higher than last year. The prospects were for us to be a little above 1.7 billion dollars".

Speaking on the sidelines of a meeting on the diversification of the mining sector in the country, Ganga Júnior also indicated that it is intended that around 20 percent of the average annual production is cut in the country. "Our intention is that at least 20 percent of our average annual production is processed in terms of cutting here in Angola," he said, quoted by RNA.

In turn, the diversification of the national mining sector has allowed the growth of production of ornamental stones, gold and manganese. Cited by RNA, the national director of mineral resources, André Neto, highlighted the start of manganese production in the country as well as the acceleration of phosphate exploration.

"For the first time, we are already producing manganese in Cuanza Norte", he said, adding that "at this moment, phosphate exploration is already starting to be something palpable, since the company is at a good pace and even expects from next year to start production".

The minister of Mineral Resources, Oil and Gas of Angola, Diamantino Pedro Azevedo, said, at the opening of the meeting, that the results of the National Geology Plan have aroused the interest of important multinational companies.

According to the minister, the commercialization of strategic minerals in the "country, within the parameters of reducing bureaucracy and smoothness, are essential conditions that attest" to the "seriousness and commitment to the Transparency Initiative in the Extractive Sector".


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