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Category: Mining Projects

Local Mining Projects News

Angola to Fast-Track Mining Permits Amid Push for Investment

Angola Aims to Speed Up Mining Rights Approvals to Attract More Foreign Investment and Improve Sector Transparency Angola is preparing to shorten the timeframe required to award mining rights as part of a broader effort to attract greater investment into the country’s growing minerals sector. Minerals and Petroleum Minister Diamantino Azevedo said the National Agency of Mineral Resources (ANRM) must reduce bureaucracy, strengthen inspections, and accelerate the rollout of a digital mining registry to improve

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Corporate News Local Mining Projects

Pensana and Vacuumschmelze Forge Strategic Rare Earth Partnership to Strengthen Western Supply Chain

Pensana signs deal with Germany’s Vacuumschmelze to supply rare earths for U.S. magnet production ahead of 2027 China import ban London-listed Pensana has signed a memorandum of understanding (MoU) with Vacuumschmelze (VAC), a Germany-based global leader in magnetic materials and rare-earth permanent magnets, marking a major step toward building a resilient Western supply chain for critical minerals. VAC, through its newly commissioned eVAC Magnetics facility in Sumter, South Carolina, is spearheading efforts to boost domestic

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Local Mining Projects News

Angola to Launch Its First Major Copper Mine as Nation Pushes to Diversify Beyond Oil

Tetelo Copper Mine to Begin Production on October 29, Marking Angola’s Entry into Global Clean Energy Mineral Supply Angola’s first large-scale copper project, the Tetelo Mine, will officially begin production on October 29, government officials announced on Wednesday. The project marks a major milestone in the oil-rich African nation’s drive to diversify its economy and strengthen its role in the global transition to clean energy minerals. The $250 million Tetelo Mine is operated by Shining

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International Gold Mining Projects

Mali Secures First U.S. Mining Investment as Flagship Gold Revives Historic Morila Mine

Flagship Gold Partners with Mali’s SOREM to Restart Morila Mine in First U.S. Mining Investment Under New Code Mali has secured its first U.S. mining investment, marking a significant step in reviving one of the country’s most historic gold operations. Flagship Gold Corp., a United States-based mining company, has entered a strategic partnership with Mali’s state-owned Mineral Resources Research and Exploitation Company (SOREM) to restart production at the Morila gold mine—the first American-backed project under

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International Mining Projects News

Ivory Coast Expands Mining Sector with 11 New Exploration Permits

Ivory Coast Grants 11 New Mining Permits to Boost Gold, Cobalt, and Copper Production Ivory Coast, the world’s leading cocoa producer, is expanding its mining ambitions by issuing 11 new exploration permits for gold, cobalt, copper, and other minerals. The announcement was made by government spokesperson Amadou Coulibaly following a recent cabinet meeting. The West African nation is positioning itself as a stable and investor-friendly mining destination, contrasting with neighboring countries like Mali, Burkina Faso,

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Local Corporate News Mining Projects

Pensana Completes Initial Drilling Programme at Coola Carbonatite in Angola

Pensana Advances Rare Earth Exploration with Coola Drilling Programme in Angola London-listed Pensana has successfully completed an initial drilling programme at the Coola carbonatite, located approximately 30 km north of the company’s flagship Longonjo rare earth project in central Angola. Longonjo is recognized as one of the world’s largest undeveloped rare earth deposits, and Coola forms a key part of Pensana’s regional exploration strategy, aimed at extending the Longonjo project’s life-of-mine. Drilling Programme Details The

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Local Mining Projects News

China’s Niobonga Launches Angola’s First Niobium Mining Project in Huila Province

Angola’s First Niobium Mine to Launch in Huila with $150M Investment by Niobonga The Chinese company Niobonga has secured a concession to mine niobium in the village of Bonga, within the Quilengues municipality of Huila province, Angola. The company has invested $150 million in the project, which is expected to produce 8,000 tons of ferroniobium and 150,000 tons of sulfuric acid per year. Exploration is slated to begin later this year, marking the first niobium

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Local Mining Projects Oil

Angola Advances Ornamental Rock Hub and Strengthens Mining and Oil Development in Namibe

Angola Boosts Namibe Mining and Oil Sector with Ornamental Rock Hub and Strategic Investments Angola’s Minister of Mineral Resources, Oil, and Gas, Diamantino Azevedo, is in Namibe for a working visit, focusing on the construction of the Ornamental Rock Development Hub and meetings with local mining industry leaders. The Ornamental Rock Development Hub, located 32 kilometers from Mocamedes, is progressing rapidly, just over six months after the foundation stone was laid. Minister Azevedo was joined

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Corporate News Local Mining Projects

Pensana Appoints Karen Brown as COO to Drive Next Phase of Rare Earths Development

Pensana Names Karen Brown COO as Longonjo Rare Earths Project Advances London-listed Pensana, a company building a sustainable magnet metal supply chain, has appointed Karen Brown as Chief Operating Officer (COO), effective October 1. She succeeds Rocky Smith, who will continue to advise Pensana as part of the owner’s team for the Longonjo rare earths project in Angola. Pensana CEO Tim George praised Smith’s contributions over the past five years, noting: “Rocky’s expertise has been

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Local Corporate News Mining Projects

Pensana Engages U.S. Officials to Secure Rare Earth Supply Chain from Angola

Pensana Meets U.S. Government to Establish Strategic Rare Earth Supply Chain Amid China Restrictions Rare earths developer Pensana has announced that its CEO Tim George and CCO Will Izod recently met with David Copley, deputy director for critical and emerging technology at the White House National Security Council, to discuss establishing a secure and resilient rare earth supply chain into the United States. The meeting concluded a week of high-level engagements in Washington, during which

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