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ENDIAMA PRODUCED 8.55 MILLION CARATS IN 2010
22 March 2011

Angola's state-run diamond company Endiama says it produced 8.55 million carats of diamonds in 2010, reports Bloomberg.

 

The Luanda-based miner's preliminary estimates show that Angola earned US$956 million from diamond sales in 2010 and achieved an average price of $111.74 per carat, according to the news source.

 

The company previously announced its projections to produce 9 million carats in 2011 by increasing production at its Catoca, Luo and Luana mines as well as commence production at its Chinge, Capenda and Camulemba deposits. 

 

For more information about its 2011 projections, click here to read DIB 644: http://tinyurl.com/5ukr79a

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