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Angola 150
Angola to Curb Sodiam’s Control of Rough Sales
Angola plans to allow miners to sell up to 60% of roughdiamonds to companies of their choice, including to their own tradingdivisions, Reuters reported last week. The changes are part of the country’s reforms to its diamondsector under President João...
Rough Markets Jul 02, 2018 Rapaport News
Angola
Angola Eyes Antwerp as Ally in Diamond Reforms
Angola is seeking stronger ties with Antwerp as the southernAfrican nation looks to improve the profitability and transparency of itsdiamond sector.The country has failed to benefit sufficiently from itsdiamond resources due to government policies, according to its...
Rough Markets Jun 14, 2018 Joshua Freedman
Alrosa Expands Stake in Catoca
Alrosa Raises Stake in Catoca Mine
Alrosa has agreed to buy an additional 8.2%stake in the Catoca Mine in Angola for $70 million, the Russian miner said Friday.Angolan President João Lourenço approved a redistribution of 16.4% of the enterprise’s holdings, which were split...
Mining Jan 15, 2018 Rapaport News
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