Angola's National Diamond Trading Company, SODIAM E.P, sold this Tuesday, at tender, special diamond productions from Lulo, Catoca and Luele.

The net value of the global sale was USD 28,7 Millions of 1,819.79 carats.

The 5th rough diamond tender in Luanda, whose evaluation sessions took place between the 24th of October and 14th of November 2022, at SODIAM EP premises, included the submission of proposals, made electronically, until 10:00 am today, November 15th, at www.sodiamsales.com.

A diversified pack of special stones was at tender, that included a composition of (7) stones from Lulo that yield USD 20,4 Millions, (27) from Catoca that yield USD 5,3 Million and (9) from Luele that yield around USD 3 Million.

A detailed participation rules package was provided to attendees and viewing bookings were made via the address: booking@sodiamsales.com.

Altogether 37 companies participated in the tender.

In the current format of the purchase and sale of diamonds, participating companies present their bids remotely, in a closed model, on the “online” electronic platform created for this purpose, a model that generates greater transparency in the process and allows for a higher commercial value for available stones.