Mining - Angolan Mining Oil & Gas

Mining Local News

Multinational Rio Tinto to explore base metals in Angola

12, January, 202416, January, 2024

The Angolan Government and the Anglo-Australian multinational Rio Tinto Explotation LTD will sign, next Wednesday, January 17th, a mining investment contract, for the prospecting and exploration of base metals. According to a source from the Ministry of Mineral Resources, Oil and Gas, the project called “Moxico Concession” is located in the province of Moxico, and has an extension of 9,959 square kilometers. Operations in Angola Last year, the Australian multinational Rio Tinto, the second largest

Read More Here

Diamonds International Mining News

Petra Diamonds Streamlines Leadership Team in Pursuit of Operational Efficiency

20, December, 202320, December, 2023

Diamond miner Petra Diamonds is implementing a series of changes to streamline and enhance the efficiency of its board in 2024. Upon the implementation of these changes, Petra’s board will shrink from eight to seven directors, down from ten directors just before the company’s annual general meeting in November. Petra emphasizes that these adjustments, though modest, are integral to the ongoing cost-saving initiatives being executed across the group. They aim to provide increased flexibility in

Read More Here

Local Mining News

Mining Sector improves rules to ensure Investor Confidence

15, December, 202315, December, 2023

The Secretary of State for Oil and Gas, José Barroso, highlighted, on Wednesday, in Luanda, the role of Compliance in improving the business environment in the extractive sector. José Barroso, who spoke at the opening of the II Forum on Compliance, considered that integrity and compliance constitute an essential tool to guarantee the confidence of investors and society in general and for consolidation of an increasingly transparent, attractive and robust industry. “Compliance is a commitment made

Read More Here

Mining Gas Local News Oil

First Oil well to be Drilled in Nambile in 2024

12, December, 202312, December, 2023

The Ministry of Mineral Resources, Oil, and Gas convened a crucial seminar in Moçâmedes since Monday December 11th, focusing on investment prospects within Namibe province’s sector. Notably, this gathering anticipates the imminent commencement of offshore oil exploration. Under the theme “Sustainable Exploration of Mineral Resources, Oil, and Gas,” the seminar concludes today following comprehensive presentations on the province’s potential. The agenda featured an exhibition spotlighting equipment crucial for preventing and managing oil spills during exploration.

Read More Here

Diamonds International Mining News

Botswana Diamonds to undertake next stage Exploration near its KX36 project

11, December, 202311, December, 2023

Diamond company Botswana Diamonds will embark on follow-up ground geophysics on four anomalies that were identified contiguous with the company’s KX36 project in the Kalahari, in Botswana. They were identified by the heavy mineral train flowing from KX36 where it is thought that there may be undiscovered buried kimberlites in the vicinity of KX36 as kimberlites generally occur in clusters and not in isolation. The KX36 project is a 3.5 ha kimberlite pipe in the

Read More Here

Local Diamonds Mining

Major Mining Developments Unveiled at Angola’s Mining Sector Conference

28, November, 202328, November, 2023

The launch of three mining ventures, including a six-billion-dollar investment in copper prospecting, a scientific collaboration with the United States Geological Survey (USGS), and the imminent opening of the Luaxe diamond mine, marked the commencement of Angola’s 2nd International Conference and Exhibition on the Mining Sector in Luanda. During the event, the executive president of Canada’s Ivanhoe Group, Marna Cloete, announced a substantial investment of six billion dollars in copper prospecting across Angolan provinces Moxico

Read More Here

Local Mining

Angola and USA sign memorandum for Copper Exploration

27, November, 202327, November, 2023

A memorandum of understanding, which provides for the exploration of copper ores, was signed, last week, by representatives of the Geological Institute of Angola (IGEO) and the American company, United States Geological Survey (USGS), on the sidelines of the II International Conference and Exhibition on the Mining Sector. The territory to be explored is part of the region called the Central African Copper Belt (Copperbelt), located in several provinces of the Republic of Zambia and

Read More Here

Mining Local News

Japan Prepares investment in the Mining sector

27, November, 202327, November, 2023

A total of 45 companies in the civil construction sector participated, last week, in Luanda, at Projekta, an international fair for equipment and services for civil construction, public works, urban planning, architecture and interior decoration. Bruno Albernaz, president of the Board of Directors of Eventos Arena, the company that organized the event, recalled that this is the first fair in the sector organized after 2019, due to the situation caused by the Covid-19 pandemic. When speaking

Read More Here

Local Diamonds Gas Mining Oil

Mining sector sees Potential of Cuanza-Sul

20, November, 202320, November, 2023

The copper and diamond mines in Cuanza-Sul province hold the potential to amplify local mining operations and broaden the avenues for wealth creation. This vision was emphasized recently by João Chimuco, the Executive Administrator of the National Mining Resources Agency. During his recent visit to Sumbe, the capital of Cuanza-Sul province, João Chimuco emphasized the necessity for collective involvement to effectively translate potential wealth into tangible resources. Following a courtesy meeting with the vice-governor for

Read More Here

« Prev 1 … 6 7 8 9 10 … 24 Next »