12 April 2008
Luanda — The decision is carried in the State Gazette nº 145 of March 11 this year that reached Angop, saying the area has an extension of 3,000 square kilometres.
It took into account the government directive that enables local and foreign investors to participate in the development of diamond extracting industry, in the ambit of the new prospecting and exploration policy.
According to the document, the quota of participation of the associates for the exploration phase will be set on the respective contract. However, it will definitely be around 28 percent for Endiama, 24 for SOCIM (Investments society), 24 for SOMUA ( MAUA mining society) and CUANGO (Cuango International).
Be the first to Write a Comment!
Copyright © 2008 Angola Press Agency. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.
AllAfrica aggregates and indexes content from over 125 African news organizations, plus more than 200 other sources, who are responsible for their own reporting and views. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica.
