On the diamond market has negatively affected the economic slowdown in China and the strengthening of the US dollar, and a reduction in demand for diamonds, which, in turn, affected the demand for raw materials, the mining company said.
Sales increased by 3.5%, to 6.9 million carats, Rapaport said portal.
Extraction mine increased by 4.2% to 6.7 million carats.
Catoca Net income was $ 126.8 million.
Angolan state company Endiama owns 32.8% of mine Catoca, the same share in the Russian Alrosa.
The rest of the shares are owned by a Chinese company LL International Holding and Brazilian Odebrecht Mining Services.
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A delegation of Hong Kong business under the chairmanship of Chung In Lyana (Leung Chun-ying), Director General of a special administrative district of Hong Kong, Feb. 2, visited the Indian Diamond Exchange (Bharat Diamond Bourse, BDB), and held talks with representatives of the BDB and Export Promotion gems Council and jewelry (Gem & Jewellery Export Promotion Council, GJEPC), said gjepc.org portal.
The delegation consisted of about 40 industry leaders, representing different types of industries. Members of the delegation a tour of the trading halls of the Exchange, then the representatives of Hong Kong and India discussed the possibility of a closer relationship between the industry of gems and jewelry in both countries.
Anoop Mehta (Anoop Mehta), President of the Indian Diamond Exchange, and Pravinshankar Pandya (Praveenshankar Pandya), chairman of the GJEPC, told about the Indian diamond industry and its trade relations with Hong Kong.
Liang pointed out that there are many opportunities for cooperation between India and Hong Kong. "India can benefit from the role of Hong Kong as a bridge between India and mainland China," - he concluded.
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