Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
The Angolan state diamond cutting company, Angola Polishing Diamonds (APD), is producing polished diamonds at a rate of only 20% of its design capacity.
Comments
Oleksandr Pitsula
It is very important for the Angolan economy to establish Commercial relations with the countries of the European Union because of technology developed by experts in these countries are able to maintain growth and development of Angolan companies. And one of the main sectors of the economy which should continue to develop a natural resource, and especially diamond mining, oil and gold. These Natural Resources in a given historical moment can bring a great and irreplaceable value in the form of profits from sales of the Resource and payment for work performed for all workers who work in Angola.
To improve the living conditions of all residents to make electrification of all without exception communities of Angola, which will allow for the extraction and purification of drinking water and provide accommodation and businesses to create favorable conditions for development of the Angolan economy. These are all good is possible to achieve if Angola can establish Commercial relations with Portugal as to communicate and find solutions to contentious issues in the Portuguese language easier.