Angola is targeting cutting 20% of the diamond production locally, the country’s Minister of Mineral Resources, Oil and Gas, Diamantino de Azevedo, announced recently.
Outlining plans to expand cutting factories to build local capacity, the de Azevedo said that 99.5 percent of rough diamonds in Angola are exported.
Speaking during a meeting with mining operators in Dundo, eastern Lunda Norte province, the minister said the government was looking forward to achieving the set target in the medium and long terms.
In the last four years, three polishing factories have been launched in Luanda.
