Angola Gold Mine Landslide Leaves 28 Dead as Illegal Mining Crisis Deepens in Bengo Province

Angola Landslide Kills at Least 28 at Illegal Gold Mine, Exposing Rising Risks in Informal Mining Sector At least 28 people have died following a devastating landslide at an illegal gold mining site in Bengo Province, northwest of Angola’s capital Luanda, highlighting the growing dangers linked to the country’s expanding informal mining sector. The collapse occurred at an unregulated mining site where artisanal miners were extracting gold when the ground gave way. Provincial civil protection

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Ghana Reviews Gold Fields’ Tarkwa Mine Lease as It Tightens Control Over Mining Concessions

Ghana Refuses Automatic Renewal of Gold Fields’ Tarkwa Mine Lease as 2027 Expiry Approaches Ghana has indicated that it will not automatically renew the mining lease for Gold Fields Limited’ Tarkwa mine, as the agreement approaches its expiration in 2027. The decision signals a broader shift toward stricter regulatory oversight of long-term mining concessions in the country. The Tarkwa mine, one of Gold Fields’ key assets in Ghana, produced approximately 427,000 ounces of gold in

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Eni Targets Faster $4 Billion Expansion of Côte d’Ivoire’s Baleine Offshore Oil Project

Eni Plans to Accelerate $4 Billion Baleine Oil and Gas Expansion in Côte d’Ivoire as Crude Prices Strengthen Italian energy company Eni is seeking to accelerate the $4 billion expansion of its offshore Baleine oil and gas project in Côte d’Ivoire, supported by stronger crude oil prices that are improving the project’s economic outlook. According to Eni Chief Operating Officer Guido Brusco, the company is evaluating options to shorten the development timeline for Baleine Phase

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Gem Diamonds Reports $32.1 Million Quarterly Revenue Driven by High-Value Stone Sales

Gem Diamonds Earns $32.1 Million as High-Value Letšeng Diamonds Boost Quarterly Performance Diamond producer Gem Diamonds reported revenue of $32.1 million for the quarter ended March 31, supported by the sale of several large, high-value diamonds recovered from its Letšeng Mine operation in Lesotho. During the quarter, production was largely sourced from the mine’s lower-grade and lower-value main pipe, with a smaller contribution from the higher-grade satellite pipe, in line with the Letšeng mine plan.

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Angola Showcases Oil Investment Opportunities at Africa Energies Summit 2026 in London

Angola Strengthens Its Position as a Leading Oil Investment Destination at Africa Energies Summit 2026 ANPG reaffirmed Angola’s growing influence on the global energy stage during the Africa Energies Summit 2026 held in London. The event provided Angola with an important platform to strengthen its image as one of Africa’s most attractive destinations for oil and gas investment. During the summit, ANPG promoted Angola’s energy potential to leading international oil and gas companies, highlighting the

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João Lourenço Defends Angola’s Exit from OPEC and Lobito Refinery Investment

Angolan President João Lourenço Says OPEC Exit and Lobito Refinery Strategy Were Vindicated by Middle East Crisis Angolan President João Lourenço said on Wednesday that the ongoing conflict in the Middle East has reinforced the correctness of Angola’s decision to withdraw from the Organization of the Petroleum Exporting Countries (OPEC) and resume construction of the Lobito refinery. The head of state made the remarks while answering journalists’ questions at the Presidential Palace in Luanda, following

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Angola Invites Gabon to Invest in Lobito Refinery Project

Angola Seeks Gabon’s Investment in $200,000-Barrel-Per-Day Lobito Refinery to Boost Regional Fuel Supply Angola has invited Gabon to participate as an investor in the Lobito Refinery project, currently under construction and fully financed by the state oil company Sonangol. The invitation was extended by Angola’s Minister of Mineral Resources, Petroleum and Gas, Diamantino Azevedo, during a visit by Gabonese President Brice Clotaire Oligui Nguema to the Luanda Refinery on the second day of his two-day

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ANPG and Etu Energias Complete Successful Espadarte 7ST2 Well in Angola’s Block 2/05

Angola’s Block 2/05 Boosted as ANPG and Etu Energias Confirm Successful Espadarte 7ST2 Well Completion and Strong Oil Output The National Agency for Petroleum, Gas and Biofuels (ANPG), in partnership with Etu Energias and other stakeholders of Block 2/05, has announced the safe and successful completion of drilling, completion, and testing operations of the Espadarte 7ST2 (ESP 7ST2) well, located in the Lower Congo Basin, Angola. According to a statement from Etu Energias accessed by

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Angola–EU Business Forum Targets Major Investment Push for Lobito Corridor Development

Angola-EU Business Forum 2026 Focuses on Mobilizing Investment for Lobito Corridor Infrastructure, Trade, and Energy Growth The 3rd Angola–European Union (EU) Business Forum opened on Tuesday in Luanda, with a strong focus on attracting European investment to accelerate the development of the Lobito Corridor across key sectors including agribusiness, transport, logistics, and energy. Held under the theme “From Dialogue to Concrete Investment,” the forum forms part of broader efforts to strengthen economic cooperation and advance

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South Sudan Declines to Renew Oranto Petroleum’s Block B3 Exploration Agreement

South Sudan Opens Block B3 to New Investors After Ending Oranto Petroleum Exploration Deal South Sudan has decided not to renew the Exploration and Production Sharing Agreement (EPSA) held by Oranto Petroleum for Block B3 after determining that the company failed to meet key contractual obligations. According to the Ministry of Petroleum, a review of the six-year agreement found that Oranto did not complete critical work program commitments, including required seismic surveys and agreed drilling

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