Endiama E.P. is the nationaldiamond company of Angola and it is the exclusive concessionary of mining rights in the domain of diamonds. Angola's state-run diamond company Endiama produced 8.55 million carats of diamonds in 2010. Endiama's primary property is Catoca, which is a joint venture between Endiama, Russia based ALROSA, China based LLI, and Brazil based Odebrecht. Catoca is the seventh largest diamond mine in the world, and is estimated to produce over 7 million carats of diamonds in 2014 worth just under $1 billion. Through the long time former president of Endiama, Noé Baltazar, who is part of the inner circle of José Eduardo dos Santos, Isabel dos Santos entered the diamond business with her stakes in SODIAM and ASCORP in which both Endiama and Noé Baltazar also had stakes as well as Marc Rich, Lucien Goldberg, and Lev Leviev for the latter.
Operations
Subsidiaries; links are to the subsidiaries' pages at Endiam's main site:
SODIAM/Sociedade de Comercialização de Diamantes de Angola diamond purchasing; diamond sales; diamond trademanagement; company works to combat illegal diamond trade
ENDIAMA Prospecção & Produção/ENDIAMA P & P diamond prospecting and mining
Enditrade/Sociedade Enditradetransport and logistics; transport of ore and diamonds between mining and processing facilities; produces lubricants in association with Sonangol; has recently begun producing heavy industrial equipment in association with its own subsidiary Endibell
Projecto Fucaúma/Fucauma diamond mine 40% owned in association with Trans Hex and others;
Projecto Luarica/Luarica diamond mine 38% owned in association with Transhex, Micol and others
Sociedade Mineira do Lucapa/SML 51% owned by Endiama, 49% owned by Sociedade Portuguesa de Empreendimentos/SPE; operations are located in the Chicapa River and Luachimo River basins.
Sociedade Mineira do Camatchia-Camagico/LUÓ a joint venture formed in 2003 with Hipergesta, Angodiam and ESCOM-Alrosa/Espírito Santo and Alrosa.
Chimbongo
Alfa 5 diamond production
Projecto Yetwene 50% owned, in association with Mining BV/Grupo Lev Leviev; located in the Camissombo exploration area in the province of Lunda Norte.
