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Angola
Alrosa stakes indirect claim in SML

The Russian diamond giant will only have indirect shares in the new kimberlite mine in Luele in north-eastern Angola. An unknown Emirati company is its third-biggest shareholder with 19.5%. [...]

Published on 22/12/2023 at 05:40 GMT Reading time 2 minutes

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Mining

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Angola
Alcides Escrivão
Alrosa
And s
Carlos Sumbula
Cristóvão Da Silva Junior
Endiama
Flávio Fernandes Francisco
Forcas Armadas Angolanas
Joao Lourenco
João Tunga Felix
José Manuel Ganga Junior
Louis Philipp
Mandela do Amaral Martins
Maria João Rangel do Nascimento
Morganstein
Pavel Marinychev
Prestação de Serviços
Reform
Rómulo Mucase
Royal Falcon Capital
Sergueï Ivanov Jr
Sociedade Mineira de Catoca
Sociedade Mineira de Luele

Angola
Low output causes headache for Endiama's Lunhinga diamond mine

Production has been so low at the north-eastern diamond mine that the state-owned company has suspended the contracts of 102 workers without notice.

Subscribers only Mining 04.07.2024

Angola
Alrosa works on exit (and return) strategy for Catoca diamond mine

Ongoing sanctions have pushed the Russian giant to negotiate the sale of its shares to a 'friendly' investor, with the possibility of buying them back should the winds of politics turn back in its favour.

Subscribers only Mining, Commodity traders 16.05.2024

Angola
Rio Tinto keeps close eye on progress at Chiri diamonds project

The mining giant's boss Jakob Stausholm dispatched four emissaries to Angola in mid-April. Their mission was to assess progress on the firm’s two largest projects on the continent.

Subscribers only Mining 25.04.2024

Angola
VTB-África negotiates return to Swift system

After being shut out of the international banking system following Russia's invasion of Ukraine, the Angolan branch of Russian bank VTB has several conditions to meet before it can return.

Free access Finance 14.03.2024

Angola
Rio Tinto sets its heart on Angolan diamonds

The Anglo-Australian miner has kicked off its kimberlite exploration operations in north-east Angola. It has taken on board staff from De Beers in order to establish itself in the country long-term.

Free access Mining 24.11.2023

Angola
Alrosa negotiates exit from Catoca diamond mine

The sanctions-hit Russian diamond giant Alrosa wants to pull out of Angola and is in talks with its Angolan homologue, Endiama.

Subscribers only Mining 16.10.2023

Office of Russian diamond producer Alrosa in Moscow, 27 April 2022.

In Focus | Angola, Botswana, Sierra Leone, Zimbabwe
Sanctions-hit Alrosa's woes impact on continent's diamond producers

The West's sanctions on the Russian mining colossus Alrosa, the world's largest diamond producer, are taking a huge toll on Angola, its main partner. That has left the field open for the world's second largest diamond producer, Botswana, to charge ahead.

Subscribers only Mining 23.05.2022

Angolan President Joao Lourenco (C) watches as Endiama CEO Jose Manuel Augusto Ganga Junior (L) shakes hands with Alrosa CEO Sergei Ivanov (R), in the Kremlin in Moscow, 4 April 2019.

Set up email notifications for these topics

Angola
Alcides Escrivão
Alrosa
And s
Carlos Sumbula
Cristóvão Da Silva Junior
Endiama
Flávio Fernandes Francisco
Forcas Armadas Angolanas
Joao Lourenco
João Tunga Felix
José Manuel Ganga Junior
Louis Philipp
Mandela do Amaral Martins
Maria João Rangel do Nascimento
Morganstein
Pavel Marinychev
Prestação de Serviços
Reform
Rómulo Mucase
Royal Falcon Capital
Sergueï Ivanov Jr
Sociedade Mineira de Catoca
Sociedade Mineira de Luele

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Angola
Alrosa stakes indirect claim in SML

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create a free account

Set up email notifications for these topics

Angola
Low output causes headache for Endiama's Lunhinga diamond mine

Angola
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Angola
Rio Tinto keeps close eye on progress at Chiri diamonds project

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VTB-África negotiates return to Swift system

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Rio Tinto sets its heart on Angolan diamonds

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Sanctions-hit Alrosa's woes impact on continent's diamond producers

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Luaxe diamond team appointed by Endiama weathers heavy criticism

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Alrosa gets greenlight to demand proof over lost Catoca money

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Indigo Publications' websites

Senegal Guns and oil drive Russia's Dakar courtship

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Angola Alrosa stakes indirect claim in SML

This article may be accessed by subscribers

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create a free account

Set up email notifications for these topics

Angola Low output causes headache for Endiama's Lunhinga diamond mine

Angola Alrosa works on exit (and return) strategy for Catoca diamond mine

Angola Rio Tinto keeps close eye on progress at Chiri diamonds project

Angola VTB-África negotiates return to Swift system

Angola Rio Tinto sets its heart on Angolan diamonds

Angola Alrosa negotiates exit from Catoca diamond mine

In Focus | Angola, Botswana, Sierra Leone, Zimbabwe Sanctions-hit Alrosa's woes impact on continent's diamond producers

Angola Endiama struggles to find a suitor for its private security subsidiary Alfa-5

Angola Luaxe diamond team appointed by Endiama weathers heavy criticism

Angola Alrosa gets greenlight to demand proof over lost Catoca money

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Senegal
Guns and oil drive Russia's Dakar courtship

Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Angola
Alrosa stakes indirect claim in SML

Angola
Low output causes headache for Endiama's Lunhinga diamond mine

Angola
Alrosa works on exit (and return) strategy for Catoca diamond mine

Angola
Rio Tinto keeps close eye on progress at Chiri diamonds project

Angola
VTB-África negotiates return to Swift system

Angola
Rio Tinto sets its heart on Angolan diamonds

Angola
Alrosa negotiates exit from Catoca diamond mine

In Focus | Angola, Botswana, Sierra Leone, Zimbabwe
Sanctions-hit Alrosa's woes impact on continent's diamond producers

Angola
Endiama struggles to find a suitor for its private security subsidiary Alfa-5

Angola
Luaxe diamond team appointed by Endiama weathers heavy criticism

Angola
Alrosa gets greenlight to demand proof over lost Catoca money