Mining sector signs strategic memorandum with multinational De Beers.

The predominant companies in the Angolan mining sector, National Mineral Resources Agency (ANRN) Endiama and Sodiam signed this Tuesday, in Cape Town, South Africa, a strategic memorandum of understanding (MEE) with De Beers to promote the sector.

The agreement aims to promote national diamond production, as well as the growth of alluvial stone mining and the improvement of social development opportunities throughout the country. According to a note from the Ministry of Mineral Resources, Oil and Gas.

In order to create a business environment that allows the diamond value chain to establish itself in the national and international market, four main areas of activity were established by both parties.

The first aims to review kimberlite deposits to assess the level of economic attractiveness through the application of new technologies, and follows the identification of opportunities that allow the growth of alluvial stones in Angola.

It also infers the joint work to expand national seal diamonds in the markets, and finally identify opportunities to train national professionals in adopting improved approaches towards social development and taking advantage of the building forever sustainability structure of Beers Group.

“Angola considers the application of the multinational’s solutions and learning to be of great value in the promotion, transparency and traceability of diamond production.” Read the note.

On the occasion, the Chairman of the Executive Board of De Beers, Al Cook, said he was eager to continue working in Angola, and that he has taken greater advantage of the collective experience and ambition to make the Angolan diamond sector prosperous.