Her last name meaning “exemplary” suits her as no one else: the artist fanatically devoted to music, the singer for whom her profession is her passion and the paramount sense of life, the magnetic personality, Elena Obraztsova is the first Russian singer who received the status of a legend of the world vocal.
For many decades, the gold mining industry of the Soviet Union remained one of the largest in the world holding the well-balanced second place after South Africa in terms of gold output. From 1991, the industry started to decay, when instead of ten large territorial enterprises of Russia there emerged over 600 subsoil using companies mining from their first tens of kilos to 1.5-2.0 tons of metal per year. Naturally, such businesses could neither maintain geological exploration nor gold mining in the country.
Strategically located to the western coast of Southern Africa, Angola is the third largest and one of the most mineral potentially endowed and blessed country in sub-Saharan Africa. Angola said 8.6 million carats were mined by the formal sector in 2007. Endiama (Empresa de Diamantes de Angola) is the national diamond company of Angola founded in 1981 and it is the exclusive concessionary of mining rights in the domain of diamonds. Our agency had a possibility to address a couple of questions to the Head of Department of Strategical Planning and Investments, Tiago Dias.The Democratic Republic of the Congo’s state diamond miner, Societe Miniere de Bakwanga (MIBA), sold more than $8.2 million in its first public sale in five years, Reuters reported.
The auction, which took place April 28, saw 12 lots of a total 348,000 carats sold to five buyers. The average price achieved was $23.56 per carat.
MIBA previously sold 88 percent of its production to Emaxon Finance International Inc., a subsidiary of Israeli DGI Group. MIBA's commercial director Placide Ndumbi said the company planned to make up to 400,000 carats available in another sale at the end of June.
Ndumbi told Reuters that MIBA had ramped up production to around 100,000 to 150,000 carats a month.
MIBA is 20 percent owned by Africa-focused miner Mwana Africa Plc.
Rough&Polished
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