Ver Angola

Raw Materials

Endiama Group will have its own production

The Endiama Group is, for the first time after several years of operation, working on the development of two diamond prospecting mining projects with a vision of having its own production.

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At stake are the mining concessions in Sangamina and Luachimba, in Lunda Norte. It is in these two projects that Endiama Mining, part of the Endiama Group, is exploring for diamonds.

Sources at the state-owned company told Expansão that these initiatives could transform Endiama into a more profitable company.

Endiama Mining only operates 6.5 percent of its total prospecting licenses

Only two of the 31 licenses granted by the company in the last two years are fully operated by Endiama. All told, only 6.5 percent of the total licenses granted are operated in their entirety by the state-owned company.

According to Expansão, in the remaining 29 licenses, Endiama only has a stake.

According to data cited by the same newspaper, 25 licenses are for secondary deposits and the remaining six are linked to primary mining projects.

Geographically, Lunda Norte is the leading province in terms of projects, with 16 reserves under prospecting. In second place comes the province of Lunda Sul.

Other important provinces are Moxico, Malanje and Kwanza Sul.