BP Oil International and Trafigura Supply Derivatives to Sonangol

BP Oil International will be Sonangol’s gasoline supplier for the next 12 months of the current year, the same period in which Trafigura will be responsible for supplying diesel to the national oil company, as winners of the public tender held on 6 January to February 14, within the framework of the Logistics Superintendence of the Petroleum Derivatives System, which establishes the award for each of the products. According to a note sent to Jornal

Loading

Read More Here

Saurimo Diamond Hub Awaits Private Investment

The Saurimo Diamond Development Pole, in the province of Lunda-Sul, has more than 20 lots available that are waiting for private investment in the diamond cutting sector. The information was provided by the consultant to the Minister of Mineral Resources, Oil and Gas, Mankenda Ambroise, on the sidelines of the 2nd edition of the exhibition and parade of jewelry with embedded diamonds from Angola, held Thursday 16th February in Luanda. The person in charge said

Loading

Read More Here

36 Diamonds Recovered at Lulo kimberlite L164 and kimberlite L056 samples

Lucapa Diamond Company and its project Lulo partners, Endiama and Rosas & Petalas, have recovered 23 diamonds from a second sample from kimberlite L164 and 13 diamonds from kimberlite L056. Lulo kimberlite bulk sample KBS/164/02, totalling 365 m3 of kimberlite material was processed through the Lulo Kimberlite Bulk Sample Plant, yielding 16.32 carats at a recovered grade of 4.47 cphm3, with the largest diamond recovered weighing 2.38 carats. This is the highest grade yet recovered from

Loading

Read More Here

EITI International Secretariat Visits Angola

From the 14th to the 18th of February, the working visit of the International Secretariat of the Extractive Industry Transparency Initiative (EITI) to Angola takes place. According to a note sent to JA Online, EITI’s work agenda includes analyzing both the degree of execution of the Work Plan, as well as the structure of the National Secretariat.  The delegation’s visit also includes the sharing of information on the status of implementation of EITI Angola, meeting

Loading

Read More Here

ENDIAMA congratulates “Luachimo” for its Six Years of Existence

The chairman of Endiama’s Board of Directors, José Manuel Ganga Júnior, congratulated Sociedade Mineira de Luachimo (SML) and its collective of workers for yet another year of existence, marked last Friday,10th February. In a note, on the occasion of the 6th anniversary of Sociedade Mineira de Luachimo, Ganga Júnior praises the efforts undertaken by its Management Board to maintain the mine’s production levels. The PCA of Empresa Nacional de Diamantes de Angola reiterated, on the

Loading

Read More Here

Ports in Angola discuss the state of infrastructure

Security specialists, professionals and managers, managers of ports, maritime terminals and other operators, as well as port captaincies, recently participated in a round table on the theme “The importance of corridors in the growth of ports and the economy national” and at the symposium “Improving security in ports in Angola”. According to a document that JA had access to yesterday, 13 feb the two events were organized by the Association of Ports of Angola (APANG).

Loading

Read More Here

Brent starts session with a 0.61% decline

Brent oil (a benchmark for Angolan exports) for delivery in April started the week’s session, this Monday, February with a drop of 0.61 percent, standing at US$85.86 a barrel. On Friday 10th February (end of session), Brent for April was traded on the Intercontinental Exchange (ICE) up   2.24 percent ($1.89), at $86.39 a barrel. In turn, WTI oil, a benchmark in the United States of America, fell by 0.68 percent yesterday 13th Feb to US$79.19. Globally, oil

Loading

Read More Here

Mines Minister Foresees a Robust Mining Industry for Angola

 Angola’s minister of Mineral Resources, Oil and Gas Diamantino de Azevedo said Tuesday 7th Feb in Cape Town, South Africa, that the country is in the process of having a stronger mining industry, which could contribute to the diversification of the country’s economy. The minister said so after addressing a topic on “Critical Minerals for Energy Transition”, a lecture addressed to several players in the mining market at the International Conference on Mining in Africa,

Loading

Read More Here

Angola’s Lucapa Solar Park to Begin Generating Energy in 2024

The photovoltaic plant, which has been installed in Lucapa Municipality of the north-eastern Lunda Norte Province, since 2021, will start producing power in the first quarter of 2024. The solar power plant is 61% complete, whereby in relation to mechanical assembly, with installation of the solar panels and support structures that include civil engineering, it is over 90% complete. So far, out of the 12,090 solar panels, approximately 11.000 have already been installed, with the

Loading

Read More Here

Yetwene Mining Project foresees monthly production of3000 carats of diamonds

The Yetwene Mining Project plans to produce 3000 carats a month. The forecast is based on theproject’s indicators, which indicate that with the start of exploration, conjectured for the currenteconomic year, production will be positioned, in a first phase, at 3000 carats of diamonds per month According to Pedro Domingos, acting director of Mining Operations for the project located in the Camissombo commune, Lucapa municipality, Lunda Norte province the ressessment activities of the reserves, following

Loading

Read More Here