The world's third-largest producer of rough diamonds, Angola had emerged as a strategic market for Leviev, who had taken advantage of De Beers' problems there. Angola mined diamonds worth $600 - $800 million each year, making it the fourth-largest producer (in value terms), in the world. One-fifth of the production came from the country's only mine, Catoca...
Namibia
Namibia was another country rich in diamond reserves. De
Beers had been mining there since Ernest Oppenheimer bought concessions after
World War I. But like Russia, Namibia wanted to process its own stones.
|
|