The mine, which has been producing since 2016, thus goes from a semi-industrial to an industrial project, covering more than 1000 square kilometers and employing 1110 workers (direct and indirect).
According to Hadjani de Almeida, director general of the mining company, the project was the target of a total investment of around US$23 million, resulting from a partnership between Endiama and two national companies. The main investor is a young local entrepreneur, it was revealed.
On the occasion, the Minister of Mineral Resources, Oil and Gas, said that the start-up of the industrial project will contribute to increasing tax revenues from the diamond subsector.
"The policies outlined by President João Lourenço are working fully and also bringing Angolan businessmen with the will to do and with the capacity to the sector", said the minister, in a statement to which VerAngola had access.
The official also announced that, within the scope of the ongoing reforms in this sector, the State intends to transform the various mining cooperatives into companies, moving on to semi-industrial projects.
