Angolan Mining Oil & Gas - Top Angolan News for Oil, Gas and Mining Industries

Anglo American Denies Favouring Buyer as De Beers Sale Talks Continue

30, July, 202630, July, 2026

Anglo American Says No Preferred Bidder as De Beers Sale Could Fetch $1 Billion Anglo American has denied favouring any particular buyer for its diamond business, De Beers, as the mining group continues to explore options for the struggling unit. Anglo American CEO Duncan Wanblad said on Thursday that the company was “not exclusive with any consortium”, rejecting reports that it was favouring a consortium led by former De Beers CEO Gareth Penny. The comments

Read More Here

International Diamonds News

African Diamond Producers Struggle to Recover as Market Pressures Persist

30, July, 202630, July, 2026

African Diamond Miners Face Continued Market Pressure in First Half of 2026 Africa’s diamond industry continued to face challenging market conditions in the first half of 2026, with major producers in Botswana, South Africa, Namibia and Lesotho struggling to achieve a sustained recovery in natural diamond demand. Financial results released during the period point to continued pressure across the industry, driven by weaker prices, economic uncertainty and growing competition from laboratory-grown diamonds. In South Africa,

Read More Here

Local News Oil

Angola Records Strong Increase in Oil Revenue in Second Quarter

30, July, 202630, July, 2026

Angola’s Oil Revenue Jumps 54.71% in Second Quarter as Higher Prices Boost Earnings Angola recorded a significant increase in revenue from crude oil sales during the second quarter of 2026, supported by stronger international oil prices and improved export earnings. The increase comes as the oil sector continues to play a central role in Angola’s economy and public finances, despite ongoing efforts by the government to diversify economic activity and reduce dependence on hydrocarbons. The

Read More Here

Diamonds Corporate News International News

Botswana’s Diamond Legacy Shines With Discovery of 1,300-Carat Gem

30, July, 202630, July, 2026

Botswana Highlights Diamond Leadership After Lucara Recovers 1,300-Carat Stone Botswana has reaffirmed its position as one of the world’s leading diamond-producing nations following the recovery of an extraordinary 1,300-carat diamond by Lucara Botswana. President of Botswana highlighted the discovery as a major milestone for the country’s diamond industry after the stone was presented by Lucara Botswana. The diamond is among the largest ever recovered by the company and ranks as the sixth-largest diamond ever discovered

Read More Here

Corporate News Local Oil

Galp Signals Potential Return to Angola as Oil Opportunities Re-emerge

29, July, 202629, July, 2026

Galp Considers Return to Angola’s Oil Sector as Company Assesses New Exploration Opportunities Portuguese energy company Galp has signalled that it could return to Angola’s oil sector, potentially marking a renewed interest in one of Africa’s most established hydrocarbon markets. Galp Chief Executive Officer João Diogo Marques da Silva said the possibility of returning to Angola exists, while confirming that the company is assessing opportunities in the country. The company’s previous experience in the Angolan

Read More Here

Exploration Local Mining Projects

Namibe Moves to Unlock Copper Potential with New Exploration Campaign

29, July, 202629, July, 2026

Angola’s Namibe Province to Begin Copper Exploration as Mining Diversification Accelerates Angola’s Namibe Province is preparing to launch copper prospecting activities in Kapangombe, in the municipality of Bibala, as the country intensifies efforts to diversify its mining industry and unlock new mineral resources. The prospecting campaign is expected to begin in the coming days and forms part of broader efforts to expand mineral exploration in Namibe, a province with growing importance to Angola’s mining and

Read More Here

Local News Transport and Logistics

Lobito Port Handles 931,000 Tonnes of Cargo as Regional Trade Gains Momentum

29, July, 202629, July, 2026

Lobito Port Moves 931,000 Tonnes of Cargo in First Half of 2026, Strengthening Angola’s Regional Trade Role The Port of Lobito handled 931,000 tonnes of cargo during the first half of 2026, highlighting its growing importance as a strategic logistics gateway for Angola and the wider region. During the period, the port received 177 vessels, with the volume of cargo handled reflecting continued activity across Angola’s maritime and logistics sectors. The performance comes as the

Read More Here

Local Mining News

ANGOP Strengthens Its Role in Promoting Angola’s Growing Mining Sector

29, July, 202629, July, 2026

ANGOP Emerges as Key Voice in Angola’s Mining Sector Development The contribution of the Angola Press Agency (ANGOP) to the promotion and dissemination of information about Angola’s mining sector has been recognised as an important tool for strengthening the industry’s visibility and supporting investment. The recognition comes as Angola continues efforts to diversify its economy and position mining as a key driver of economic growth. The sector has significant potential in diamonds, gold, iron ore,

Read More Here

Transport and Logistics Local News

Lobito Corridor Inspires Plans for Lagos-Dakar Transport Link

29, July, 202629, July, 2026

Lobito Corridor Sparks Plans for New Lagos-Dakar Trade and Transport Link The success and growing strategic importance of Angola’s Lobito Corridor is inspiring plans for a new transport and trade link connecting Lagos in Nigeria to Dakar in Senegal. The proposed Lagos-Dakar connection would strengthen economic integration across West Africa by improving the movement of goods, people and services between major commercial centres along the Atlantic coast. The initiative reflects growing interest in developing interconnected

Read More Here

Corporate News Diamonds International

Anglo American Nears $1bn Sale of De Beers as Diamond Crisis Deepens

29, July, 202629, July, 2026

Anglo American in Talks to Sell De Beers for About $1bn as Diamond Market Struggles Anglo American is in discussions to sell its De Beers diamond business for about $1 billion, a fraction of the value attached to the company when it was once the world’s dominant diamond producer. Anglo American has been seeking to divest De Beers since rejecting BHP Group’s nearly $50 billion takeover approach in 2024. However, the sale process has been

Read More Here

1 2 3 … 424 Next »

More Angolan Mining News