FIRST TENDER OF ROUGH DIAMONDS OF ANGOLA
PROMOTERS RAISE 16,7 MILLION DOLLARS
Following the first rough diamond tender to ever take place in Angola, its promoters
have raised nearly 16,7 million dollars.
Angola’s First Rough Diamond Tender, which took place in Luanda, ended on January 31.
The tender was carried under the scope of the implementation of the Diamond Trade
Policy, amended by the presidential decree nº175/18 on the 27th of July 2018.
Organized by SODIAM EP, the tender conducted the sale of an array of seven special
stones weighting between 43,25 and 114,94 carats, sourced from the Sociedade Mineira do
Lulo. Among the stones, one particular diamond took the spotlight and it was the 46
carats called “pink”.
The offers were made online, through an electronic platform - developed and created for
SODIAM specifically for the bidding (www.sodiamsales.com) - in which the participants had previously registered their companies.
31 companies from 8 countries, namely, Angola, Belgium, United Arab Emirates, India,
United States of America, South Africa, Israel and China participated in the auction.
The total amount raised with this inaugural tender was 16.696.696,27 dollars (sixteen
million, six hundred ninety-six thousand, six hundred ninety-six and twenty-seven
cents). The winning companies with the highest offers were the Arslanian Group DMCC,
Blue Glacier Diamonds, Kapu Gems, Shree Ramkrishna Export Pvt Ltd, M.B.D. BVDA, Julius