Endiama
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Endiama E.P. (Empresa Nacional de Diamantes E.P.) is the national diamond company of Angola and it is the exclusive concessionary of mining rights in the domain of diamonds. Angola's state-run diamond company Endiama produced 8.55 million carats of diamonds in 2010.[1] Antonio Carlos Sumbula is the president of the corporation. The company is based at the Edificio Endiama in Luanda.
Endiama's primary property is Catoca, which is a joint venture between Endiama (32.8%), Russia based ALROSA (32.8%), China based LLI (18%), and Brazil based Odebrecht (16.4%). Catoca is the seventh largest diamond mine in the world, and is estimated to produce over 7 million carats of diamonds in 2014 worth just under $1 billion.[2]
Operations
Subsidiaries; links are to the (Portuguese) subsidiaries' pages at Endiam's main site:
- SODIAM/Sociedade de Comercialização de Diamantes de Angola[1] diamond purchasing; diamond sales; diamond trade management; company works to combat illegal diamond trade
- ENDIAMA Prospecção & Produção/ENDIAMA P & P[2] diamond prospecting and mining
- Enditrade/Sociedade Enditrade[3] transport and logistics; transport of ore and diamonds between mining and processing facilities; produces lubricants in association with Sonangol; has recently begun producing heavy industrial equipment in association with its own subsidiary Endibell
- Fundação Brilhante/FB [4] social programs; cultural programs
- Clínica Sagrada Esperança/CSE [5] an 80-bed hospital in Luanda; medical specialties represented include cardiology, neurosurgery, neurology, gynecology, obstetrics, etc etc
- Air Diamantes Angola/ADA [6] - company aviation
- Grupo Desportivo Sagrada Esperança/GDSE[7] - "Sagrada Esperança", a major league football club in Dondo.
Endiama's mining operations, each of which is a company in its own right:
- Associacao Chitotolo[8] (35% ownership) located in N'Zagi - Lunda Norte; besides mining, Chitololo is involved in education via its Projecto Educar
- Sociedade de Desenvolvimento Mineiro (SDM) [9], in Cuango, 50% ownership in association with Odebrecht in Brasil.
- Sociedade Mineira de Catoca/Catoca [10] 32.8%, in association with Almazzi Rossi and Alrosa in Russia, Daumonty Financing Company in Israel and Odebrecht Mining Services in Brasil.
- Sociedade Mineira do Angola, Lda (20%)
- Projecto Fucaúma/Fucauma diamond mine [11] 40% owned in association with Trans Hex and others;
- Projecto Luarica/Luarica diamond mine [12] 38% owned in association with Transhex, Micol and others
- Sociedade Mineira do Lucapa/SML [13] 51% owned by Endiama, 49% owned by Sociedade Portuguesa de Empreendimentos/SPE; operations are located in the Chicapa River and Luachimo River basins.
- Sociedade Mineira do Camatchia-Camagico/LUÓ [14] a joint venture formed in 2003 with Hipergesta, Angodiam and ESCOM-Alrosa/Espírito Santo and Alrosa.
- Chimbongo [15]
- Alfa 5 [16] diamond production
- Projecto Yetwene[17] 50% owned, in association with Mining BV/Grupo Lev Leviev; located in the Camissombo exploration area in the province of Lunda Norte.
See also
References
- ↑ DIB Online: Endiama produced 8,55 million carats in 2010 March 22, 2011
- ↑ Mining.com: The state of global rough diamond supply 2014 March 13, 2014
