Angolan diamond production, polishing capacity expanding

Diamond sales brought Angola revenues of $294.85-million during the third quarter of this year. This represented an 11.7% increase over the figure for the same period last year – or, in monetary terms, a rise of $30.7-million. This information was released in Luanda early this month by the State-owned Sociedade de Comercialização de Diamantes de Angola (the Diamond Commercialisation Company of Angola, better known by its Portuguese acronym, Sodiam), the Macauhub news agency reported.