Alrosa and Endiama will develop the Angolan industry



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RAPAPORT …

Alrosa has signed an agreement with
Angolan state-run diamond company to develop joint projects
information.

Alrosa and Endiama are committed to working together on
research and exploration projects in Angola. The miner based in Russia will also be
provide training to Angolan specialists at its premises.

"For Russia and Angola, the diamond industry is a
an important part of national life, "said last week Sergey Ivanov, CEO of Alrosa. "This
is [about] jobs for people and dozens of social projects implemented for them. we
are happy to seal our long-term cooperation with an official document
proclaiming the common desire to develop our common initiatives. "

According to the memorandum of understanding signed by Ivanov and José Ganga
Junior, chairman of the Endiama board – the parties will share
technology and knowledge about mining and the diamond industry, as well as
cooperate on diamond sales.

Companies will join to create an industry
initiatives to promote diamond products in key markets and
on the development of global mechanisms of self-regulation of the industry, added Alrosa.

Alrosa and Endiama are the co-founders of Catoca, the largest country in Angola.
diamond mine and the fourth largest in the world. Companies have been
conducting exploration work in the country as part of a joint venture since 2014.

Image: Sorting rough diamonds in Alrosa. (Alrosa)

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