Angola and USA sign memorandum for Copper Exploration

Angola and USA sign memorandum for Copper Exploration

A memorandum of understanding, which provides for the exploration of copper ores, was signed, last week, by representatives of the Geological Institute of Angola (IGEO) and the American company, United States Geological Survey (USGS), on the sidelines of the II International Conference and Exhibition on the Mining Sector.

The territory to be explored is part of the region called the Central African Copper Belt (Copperbelt), located in several provinces of the Republic of Zambia and around a third is in Angola, in a vast territory that extends between the provinces of Moxico and Cuando Cubango, whose feasibility study made it possible to assess significant economic benefits for the country.

The agreement signed by the US ambassador to Angola, Tulinabo Mushingi, in the area of ​​Geological Research (USGS) and the president of the Board of Directors of the Geological Institute of Angola (IGEO), José Manuel, will also allow the country’s mineral resources to be mapped.

The US ambassador clarified, in statements to the press, that the intention is to transform Angola into a supplier of resources for the energy transition worldwide.

The diplomat hopes that the location of mineral resources will bring greater attraction for investment, diversification of American partners in various sectors and benefits that guarantee improvements in the living conditions of the Angolan and American people.

Asked about the soon inauguration of the largest Kimberlite in Angola, Tulinabo Mushingi replied that, as partners, it represents a step towards attracting investments and improving the living conditions of the populations

Loading

Share this article

You have successfully subscribed to the AMG Weekly newsletter

There was an error while trying to send your request. Please try again.

Angolan Mining Oil & Gas will use the information you provide on this form to be in touch with you and to provide updates and marketing.