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Category: Mining Projects

Local Corporate News Mining Projects

Longonjo Rare Earth Project Expands Potential with Dysprosium and Terbium Discovery

Angola’s Longonjo Rare Earth Project Adds Dysprosium and Terbium to Resource Potential Angola’s Longonjo rare earth project in Huambo Province has strengthened its strategic potential following the identification of dysprosium (Dy) and terbium (Tb), adding to the previously identified neodymium (Nd) and praseodymium (Pr). The discovery was announced following a visit by Mineral Resources, Petroleum and Gas Minister Diamantino Azevedo to the Ozango Minerais project, which is being developed by UK-based Pensana with participation from

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Local Mining Projects News

Tetelo Mine Accelerates Expansion with New Copper, Zinc and Lead Processing Plants

Angola’s Tetelo Mine Targets 14,000 Tonnes-Per-Day Processing Capacity with New Copper, Zinc and Lead Plants Angola’s Tetelo mine in Uíge Province is expanding its processing operations with two new plants as the operator seeks to increase production and diversify into copper, zinc and lead. The expansion, being undertaken by Shining Star Icarus, includes a 3,200-tonne-per-day copper processing plant at Mavoio-Cuia and a 3,000-tonne-per-day zinc and lead processing plant at Mueji. The new facilities form part

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Local Mining Projects News

Angola Set to Join Global Niobium Producers as Niobonga Project Nears Launch

Angola to Become Africa’s First Niobium Producer as $150 Million Niobonga Project Nears Production Angola is preparing to enter the global niobium market, with the country’s first niobium mining project nearing completion in Quilengues, Huíla Province. The Niobonga project, being developed at the Bonga and Tchivira Carbonatite Complex, is expected to position Angola as the third niobium-producing country in the world after Brazil and Canada, and the first in Africa. Minister of Mineral Resources, Petroleum

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Corporate News Local Mining Projects

Pensana Clarifies Status of Strategic Investor’s Board Appointment

Pensana Updates Market on Qatar-Backed Cascade Board Appointment Pensana has provided an update on the previously announced appointment of Sheikh Dr Badr bin Dalhim Al-Faheid Al-Hajri to the board of Cascade Natural Resources, the Qatar-backed strategic investor in the company. Pensana said the appointment process is still underway and has not yet become effective. As a result, the appointment has not yet been filed with the Guernsey Registry. The company had announced the proposed appointment

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Exploration Local Mining Projects

Namibe Moves to Unlock Copper Potential with New Exploration Campaign

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

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Local Corporate News Mining Projects

Tyranna Resources Sells Namibe Lithium Project to Sinomine for $1.44 Million

Tyranna Resources Divests Angola Lithium Project to Sinomine, Redirecting Funds to Chinguar Gold Development Australian-listed Tyranna Resources has agreed to sell its interest in the Namibe lithium and caesium project in southern Angola to Sinomine Resource Group for $1.44 million, allowing the company to focus on new exploration opportunities in Angola. The transaction involves the sale of Tyranna subsidiary Angolan Minerals’ 90% interest in AM Mauritius, the holding company for the Namibe project, to Sinomine

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Corporate News Local Mining Projects

Anglo American Advances Copper Exploration in Angola’s Moxico Leste Province

Anglo American Presents Copper Prospecting Project in Angola’s Cazombo Salient Amid Regional Copper Belt Expansion Anglo American has presented a copper prospecting project in Angola’s Cazombo Salient, highlighting new opportunities for the country’s mining sector. The presentation took place on Tuesday in the commune of Calunda, in the municipality of Muconda, Moxico Leste province, and was disclosed by the Ministry of Mineral Resources, Petroleum and Gas in a statement. According to the ministry, Anglo American

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Local Corporate News Mining Projects

Qatar-Backed Cascade Strengthens Rare Earth Ambitions with Board Appointment and Pensana Investment

Qatar-Backed Cascade Advances $165 Million Pensana Investment as Sheikh Dr Badr Al-Hajri Joins Board Qatar-backed Cascade Natural Resources has appointed Sheikh Dr Badr bin Dalhim Al-Faheid Al-Hajri to its board of directors, a move that underscores the company’s growing international profile and Qatar’s support for its expansion in the critical minerals sector. The appointment comes as Cascade advances its strategic $165 million investment in rare earths developer Pensana and its flagship Longonjo rare earth project

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Local Mining Projects News

Pensana Advances $250M Longonjo Rare Earth Project in Angola Toward 2027 Production

Pensana’s Longonjo Mine 22% Complete as Angola Rare Earth Project Targets 2027 Startup and Global Supply Chain Role London-listed Pensana is making steady progress on its $250 million Longonjo rare earth project in Angola, which remains on schedule and within budget for first mixed rare earth carbonate (MREC) production in 2027. The project is expected to operate over a 20-year mine life, initially producing 20,000 tonnes per year of MREC, with planned expansion to 40,000

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International Gold Mining Projects

Zimbabwe’s Mutapa Investment Fund Seeks $250 Million to Expand Gold Mining Operations

Zimbabwe’s Mutapa Investment Fund Targets $250 Million Financing to Boost Gold Production Mutapa Investment Fund is seeking to raise $250 million to expand its gold mining operations as part of a broader strategy to strengthen Zimbabwe’s mining sector and increase output of one of the country’s key export commodities. The state-owned sovereign wealth fund, which controls Mutapa Gold Resources, has already initiated discussions with local financial institutions. The first phase of the financing plan involves

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