Now Reading
SODIAM’s 10th Diamond Auction Raises US$21.6M for Angola

SODIAM’s 10th Diamond Auction Raises US$21.6M for Angola

The National Diamond Trading company of Angola, SODIAM E.P, promoted the 10th Rough Diamond auction and raised a net value of around US$21.6 million.

The value resulted from the sale of 2,974,24 carats, of 46 special stones for the production of rough diamonds from the Somiluana, Lulo, Kaixepa, Luela and Catoca mining companies, in the auction attended by 36 firms.

According to a SODIAM’s note, sent to ANGOP this Thursday, the evaluation sessions took place from the 15th to the 23rd of this month, in Luanda, with the bids being submitted electronically on the online platform.

Results in terms of revenue: Somiluana Mining Society (US$838 thousand), Lulo (US$12.4 million), Kaixepa ($2.61 million), Luela ($1.16 million) and Catoca ($4.6 million).

Further Africa

SUBSCRIBE TO GET OUR NEWSLETTERS:

See Also

SUBSCRIBE TO GET OUR NEWSLETTERS:

Scroll To Top

We have detected that you are using AdBlock Plus or other adblocking software which is causing you to not be able to view 360 Mozambique in its entirety.

Please add www.360mozambique.com to your adblocker’s whitelist or disable it by refreshing afterwards so you can view the site.