Luanda — The Angolan government has formalised the granting of diamonds prospecting, research and recognisance rights, in the region of Luxinge, in the north-eastern Lunda Norte Province, to the State-owned Endiama company, a work that is to be carried out in area of 160 square kilometres.

This decision comes in the State Gazette number 64, which ANGOP checked on Sunday.

According to the document, it was made official the joint-venture contract between Endiama and the firms International Gold Exploration (IGE), Compesa Angola, Triade JLT, Sheffield - Indústria Petrolífera, Diamantífera and Syntechron Construções.

Endiama has an 18 per cent participation in this join-venture, 42% for IGE, whereas Compesa Angola, Triade, Sheffield and Syntechron have 10% each.

Endiama is obliged to give to the other partners geo-mineral data that are considered to be useful for the execution of the operations.