Angolan Mining Oil & Gas - Page 12 of 391 - Top Angolan News for Oil, Gas and Mining Industries

Local Economy News Oil

India Deepens Shift Away from Russian Oil with Increased Crude Purchases from Angola

26, January, 202626, January, 2026

Indian Oil Buys Angolan Crude as India Accelerates Move Away from Russian Oil Supplies India’s largest refiner, Indian Oil Corporation (IOC), has purchased about two million barrels of crude oil for March delivery as it accelerates a strategic shift away from Russian supplies and deepens sourcing from Africa, the Middle East, and Latin America. The purchases underscore Angola’s growing importance in India’s crude import mix, helping New Delhi reduce its reliance on Russian oil amid

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Local Economy News

Angola Opens First Operational Vehicle Assembly Plant in Drive to Revive Manufacturing

26, January, 202626, January, 2026

Angola Launches First Vehicle Assembly Plant as Opaia Group Moves to Cut Import Dependence Angola has taken a significant step towards rebuilding its industrial base with the opening of its first fully operational vehicle assembly plant, signalling renewed efforts to reduce the country’s heavy reliance on imported cars and buses. The facility, officially launched in Luanda by the privately owned Opaia Group, marks the return of vehicle production to the oil-rich southern African nation after

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Diamonds Economy Local News

Angola’s Polished Diamond Exports Surge in 2025 Despite Global Price Pressures

26, January, 202626, January, 2026

Angola Polished Diamond Exports More Than Double in 2025 as Volumes and Revenues Rise Angola’s polished diamond exports more than doubled in 2025, recording strong growth in both volumes and total export value despite a decline in average prices, according to a statement released by the country’s national diamond trading company, Sodiam, on January 26. Sodiam reported that between January 1 and December 31, 2025, Angola exported 23,300 carats of polished diamonds at an average

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Corporate News Diamonds International

De Beers Launches Jewellery Collection Featuring Ethically Sourced Artisanal Diamonds

26, January, 202626, January, 2026

De Beers Unveils GemFair Capsule Jewellery Collection Showcasing Ethically Sourced Artisanal Diamonds Diamond mining company De Beers Group, through its GemFair programme and luxury jewellery brand De Beers London, has announced the launch of a capsule jewellery collection featuring ethically sourced artisanal diamonds. In a media release issued on January 23, De Beers said the launch marks the first time GemFair’s ethically sourced, artisanal-mined diamonds have been incorporated into fine jewellery, bringing their story of

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Local Governance News

Zambia’s Ambassador Attends Angola Diplomatic New Year Ceremony, Strengthening Bilateral Ties

26, January, 202626, January, 2026

Zambia Ambassador in Angola Attends Diplomatic New Year Ceremony, Boosts Regional Cooperation Zambia’s Ambassador to the Republic of Angola, His Excellency Reverend Dr. Elias Munshya, attended the New Year Greetings Ceremony of the Diplomatic Corps hosted by Angolan President João Lourenço in Luanda. The ceremony, held at the Protocol Complex of the Angolan Presidency, brought together members of the diplomatic community accredited to Angola. During the event, President Lourenço reaffirmed Angola’s commitment to peace, regional

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Diamonds Gold International Mining Projects News

Botswana Diamonds Secures New Licences to Expand into Copper and Gold Exploration

26, January, 202626, January, 2026

Botswana Diamonds Enters Copper and Gold Exploration with 7,000 km² of New Licences in Botswana AIM- and BSE-listed Botswana Diamonds has announced the award of eight prospecting licences covering approximately 7,000 km² in north-western Botswana, marking a potential entry into the copper and gold sectors. The licences, which are valid until December 31, 2028, were selected following an extensive AI-driven assessment of the company’s Botswana-focused exploration database, which spans about 95,000 km². The analysis incorporated

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Corporate News Diamonds International

Lucara Seeks TSX Hardship Exemption for C$165m Dilutive Financing

23, January, 202623, January, 2026

Lucara Applies for TSX Hardship Exemption to Complete C$165m Private Placement for Karowe UGP Diamond producer Lucara Diamond Corp has applied to the Toronto Stock Exchange (TSX) for a financial hardship exemption that would allow it to complete a highly dilutive C$165-million private placement without shareholder approval, citing severe liquidity constraints and the risk of disruption to its Karowe Underground Project (UGP) in Botswana. The application relates to Lucara’s previously announced non-brokered equity private placement,

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Diamonds International News

Botswana’s Diamond Stockpile Swells as Low Prices Weigh on Economy

23, January, 202623, January, 2026

Botswana Diamond Stockpile Nearly Doubles Target Level Amid Prolonged Price Slump Botswana’s diamond stockpile has grown to nearly double its target inventory level as persistently low prices continue to limit production growth, constraining the country’s ability to stimulate economic activity in the short term, the finance ministry has said. According to the ministry, Botswana’s economy is expected to contract by almost 1% in 2025, following a 3% decline in 2024, largely as a result of

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Local Corporate News Mining Projects

Pensana Advances Longonjo with 7 000 m Infill Drilling Programme

23, January, 202623, January, 2026

Pensana Launches 7 000 m Infill Drill Programme at Longonjo Rare Earths Project in Angola London-listed Pensana has commenced preparations for a 7 000 m infill drilling programme at its Longonjo rare earths project in Angola, marking another step toward mine development. The drilling programme is designed to deliver detailed geological and grade control data ahead of the planned start of mining and stockpiling or blending activities in early 2027. It will run in parallel

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International Gas News

AfDB Approves $150 Million Loan for Mozambique’s Coral North FLNG Project

22, January, 202622, January, 2026

African Development Bank Backs Mozambique’s Coral North FLNG Project with $150 Million Loan The African Development Bank (AfDB) has approved a $150 million senior loan to support the Coral North Floating Liquefied Natural Gas (FLNG) Project, a major offshore energy development in Mozambique. The decision was endorsed by the AfDB Board of Directors on 14 January. Coral North FLNG builds on the success of the Coral South FLNG project, which began operations in 2022. The

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