Search
  1. Home
  2. Southern Africa
  3. Angola
  • News

Diamond production forecast

    JOHANNESBURG

    Manuel Bunjo, Angola’s minister of geology and mines, has forcast that diamond revenues this year are expected to reach US $30 million, according to Angolan media reports on Thursday.

    In brief remarks carried by Angolan newspapers, he did not comment on the recent decision by De Beers, the world’s leading diamond company, that it intended to cease trading Angolan diamonds in compliance with the tightening of UN sanctions against the UNITA rebel movement. He said that even if production had reached US $250 million two years ago, “you have to understand that the nation is at war”.

    This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

    Share this article

    Our ability to deliver compelling, field-based reporting on humanitarian crises rests on a few key principles: deep expertise, an unwavering commitment to amplifying affected voices, and a belief in the power of independent journalism to drive real change.

    We need your help to sustain and expand our work. Your donation will support our unique approach to journalism, helping fund everything from field-based investigations to the innovative storytelling that ensures marginalised voices are heard.

    Please consider joining our membership programme. Together, we can continue to make a meaningful impact on how the world responds to crises.

    Become a member of The New Humanitarian

    Support our journalism and become more involved in our community. Help us deliver informative, accessible, independent journalism that you can trust and provides accountability to the millions of people affected by crises worldwide.

    Join