ENDIAMA E.P. (Empresa Nacional de Diamantes E.P.) is the state-run national diamond company of Angola. It is the exclusive concessionary of mining rights in the domain of rough diamonds in Angola.[1]
History
One of the first acts of post-colonial government of the newly independent Angola, led by the People's Movement for the Liberation of Angola (MPLA) based in Luanda, was to nationalize the assets of the largely foreign investor-owned Companhia de Diamantes de Angola (Diamang), under the philosophy that the diamonds of the ground were the property of all Angolans. ENDIAMA was created as a state-run company to manage diamond mining in Angola in 1981. Diamang was then formally disbanded in 1988.[2][3]