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Category: Mining

Local Gold Mining

Bengo Forum Urges Creation of Gold Mining Cooperatives to Combat Illegal Extraction

The Bengo Industrial Investment Forum (FIIND-BENGO-2025), held on Wednesday, called for the establishment of gold mining cooperatives as a measure to curb illegal mineral extraction in the region. The forum addressed a range of challenges in the mining and mineral processing industries. Key topics included “Valuing Technical Expertise,” “Health and Safety,” “Artificial Intelligence in Industry,” and the “Geological and Mining Potential of Bengo Province.” During her address, Bengo Governor Maria Antónia Nelumba emphasized the province’s

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Local Economy Mining

Angola to Anchor New Africa-Latin America Copper Route

The multinational company PLASFER, which specializes in raw material exports, is advancing administrative and technical processes to leverage the Lobito Corridor as a “New Copper Industry Export Route.” This strategic logistics route aims to connect the Democratic Republic of Congo (DRC), Angola, Latin America, and Europe. PLASFER has spent over three years developing an innovative project in the DRC, in collaboration with partners across Europe and the Americas. The company considers this new logistics initiative

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Local Economy Mining

Angola Shifts Focus to Local Value Creation in Mining Sector

Angola is moving beyond its traditional role as a mere supplier of raw materials, declared the Minister of Mineral Resources, Petroleum, and Gas, Diamantino Azevedo, on Wednesday in Huambo Province. “We want to create value here. We want to cut stones here, refine here, transform here, and employ people here. We want the wealth extracted to circulate within Angola and benefit Angolans,” said the minister during the Mining Investment Forum taking place in the southern

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Corporate News Gold International Mining

Barrick Gold Eyes Copper Future with Proposed Name Change to Barrick Mining Corp

Barrick Gold Corp., the world’s second-largest gold producer and listed on the New York Stock Exchange under the ticker “GOLD,” is signaling a major strategic shift — one that leans heavily into copper. The Canadian mining giant has proposed changing its name to Barrick Mining Corp., dropping “Gold” from its title in a move that underscores its growing focus on copper and its diversification beyond its traditional bullion roots. Barrick is currently investing $6 billion

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Local Gold Mining

Angola Warns Gold Miners in Cabinda Over Non-Compliance

Most mining companies operating in Angola’s Cabinda province, particularly in the gold sector, risk losing their exploration licenses due to non-compliance with government regulations, warned Angola’s Secretary of State for Mineral Resources, Jânio Corrêa Víctor, on Saturday. Speaking to the press during a two-day working visit to Cabinda, Víctor revealed that out of 11 licensed gold projects in the province, only one has delivered tangible results, while the rest remain inactive. He noted that Angola

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Corporate News Gold International Mining

B2Golds Otjikoto Mine Record Production and Strategic Growth Plans for 2025

B2Gold’s Otjikoto Mine in Namibia, in which the company holds a 90% interest, had a strong performance in 2024, producing 198,142 ounces of gold, nearly at the midpoint of its guidance range of 185,000 to 205,000 ounces. For the year ending December 31, 2024, the mill feed grade was 1.87 g/t, with mill throughput at 3.34 million tonnes, and a gold recovery rate averaging 98.6%. In the fourth quarter of 2024, the Otjikoto Mine produced

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Local Mining News Partnerships

Angola and Oman Forge Energy and Mining Partnerships

Angola and Oman have signed a landmark agreement and two memoranda of understanding (MoUs) to strengthen collaboration in the energy and mining sectors. The agreement, finalized during Angolan President João Lourenço’s official visit to Oman on December 19, grants Oman a stake in Angola’s Catoca and Luele diamond mines, two of the country’s significant mining assets. The first MoU establishes a framework for cooperation in energy development, while the second focuses on exploring strategic financing

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Local Corporate News Mining Oil

Dangote Group Eyes Investment in Angola’s Mineral Resources Sector

The Dangote Group, a prominent Nigerian multinational, has announced plans to invest in Angola’s mineral resources sector and collaborate with Sonangol to support the Lobito Refinery project. This announcement followed a meeting in Luanda on Tuesday between Dangote Group CEO Aliko Dangote and Angolan President João Lourenço. According to a statement from CIPRA, the discussions covered oil and gas production, sugar, and cement. Speaking to the press, Aliko Dangote highlighted the similarities between Angola and

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Local Expos & Events Mining News

Minister Azevedo Invites Investors to Discover Angola’s Resource-Rich Potential

Last week, Angola unveiled 16 prime areas available for mining investments during the “Angolan Mining Business Forum” in Johannesburg, South Africa. The Minister of Mineral Resources, Oil, and Gas, Diamantino Azevedo, invited investors to witness Angola’s vast potential firsthand, emphasizing the country’s extensive natural resources and attractive business environment. “Come to Angola and see for yourself. We have land, high mining potential, robust infrastructure, an investor-friendly legal and tax system, and a skilled, young workforce

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Local Gas Mining News Oil

Diamantino Urges Mineral Sector to Align with Global Energy Transition Goals

Angola’s Minister of Mineral Resources, Oil, and Gas, Diamantino Azevedo, has called on national companies in the mineral exploration sector to invest in the global energy transition, emphasizing the need to address the country’s current and future challenges. During his visit to Cuanza-Sul, the minister highlighted the importance of exploiting natural resources sustainably to benefit the population. Regarding the ongoing ban on quartz and gypsum exploration, Minister Azevedo clarified that the government has established a

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