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Examples
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CHLOE'S BLOOD DIAMOND yahooBuzzArticleHeadline = 'CHLOE\'S BLOOD DIAMOND'; yahooBuzzArticleSummary = 'Article: While the hot Chloe rock is certified as a "clean" diamond, it was purchased from Angola\'s state mining company, Endiama, a company involved in blood diamonds.
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However, only 10 percent of the companies are likely to find diamonds that will enable them to go beyond the prospecting stage, chairman of the state-owned mining company Endiama, Arnaldo Calado, is reported as saying.
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De Beers and Endiama will soon start a joint-venture to develop the northern province of Luanda Norte which has a 3,000 square kilometre surface and is considered rich in precious stones.
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The state diamond company Endiama says it will double production next year, overtaking South Africa as the third largest producer of the gems.
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Angolese Diamond Company, Endiama, "but it has diminished."
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Diamond-rich Angola plans to more than double its annual output to 15,000 carats from the current level of 6,000 carats, the spokesman of the national diamond company Endiama said Friday.
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(Endiama), to mine in the diamond-rich Lunda Norte province, secures two concessions which will yield more than 400,000 carats annually for the partners at an expected market price in excess of
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A consortium formed by state-owned Endiama, which holds the monopoly on mining and prospecting, Angolan company Comica,
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Cash for the new venture will be funded from Trans Hex's own resources and together with Endiama the two partners will take-up the majority stake, with the remaining portion held by shareholders from the local community.
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The newspaper said a Portuguese national working for the state diamond company, Endiama, was among 48 people killed in an ambush in Cassanguidi in Lunda-Norte province.
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