Africa Angola Diamond Mining

Angola: Endiama grants 31 titles for mining exploitation companies

The National Diamond Company (Endiama) has granted 31 titles for mining exploitation to semi-industrial firms to return to exploitation activities in the northeast Luanda Norte province, following the ban imposed in 2018.

At least 41 titles were expected to be granted, however due to the lack of accomplishment of some demanded procedures by few companies, the remaining 10 firms will receive it within15 days, should they meet the required requisites.

In her turn, the local deputy-governor for Social, Political and Economic Affairs, Deolinda Vilarinho, welcomed the act, taking into account that the return to operation by these firms will significantly aid to reduce the unemployment rate in the region.

At least 241 firms have been licensed all over the country along with 75 concessions granted to mining societies.

Source: Angop

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