Vital Industry News
De Beers Board Member Matome Tsholetsa Malema Passes Away Sodiam Raises $25.8 Million in 16th Rough Diamond Auction Shell Reaffirms Commitment to Reviving Angola’s Oil Production Sonangol Oil Tanker Damaged by Explosion Near Iraqi Port Angola and Namibia Advance Energy Cooperation with Focus on Electricity Interconnection Oil Hits Multi-Year High as Iran Conflict Escalates, Boosting Vegoils and Aluminium Ghana Prepares Alternative Gold Export Routes Amid Dubai Flight Disruptions Global Oil Prices Surge Amid Rising Tensions in the Middle East Middle East Tensions Send Oil Prices Higher, Raising Inflation Risks for Africa Uganda Central Bank Launches Domestic Gold Purchase Programme to Boost Reserves
Corporate News Diamonds International Mining Personality

De Beers Board Member Matome Tsholetsa Malema Passes Away

Corporate News Diamonds Local

Sodiam Raises $25.8 Million in 16th Rough Diamond Auction

Corporate News Oil Petroleum

Shell Reaffirms Commitment to Reviving Angola’s Oil Production

More Angolan Mining News

Corporate News Diamonds International Mining Personality

De Beers Board Member Matome Tsholetsa Malema Passes Away

De Beers Board Member and Minerals Development Company Botswana CEO Matome Tsholetsa Malema Dies Global…
Corporate News Diamonds Local

Sodiam Raises $25.8 Million in 16th Rough Diamond Auction

Angola’s Sodiam Generates $25.8 Million in Rough Diamond Auction, Surpassing Expectations Angola’s National Diamond Trading…
Corporate News Oil Petroleum

Shell Reaffirms Commitment to Reviving Angola’s Oil Production

Shell Pledges Support for Angola’s Oil Production Revival as Company Returns After 20 Years Shell…
Corporate News Local Oil

Sonangol Oil Tanker Damaged by Explosion Near Iraqi Port

Sonangol Tanker Hit by Explosion Near Iraq’s Khor al Zubair Port; Crew Safe and Vessel…
Local Energy News

Angola and Namibia Advance Energy Cooperation with Focus on Electricity Interconnection

Angola and Namibia Strengthen Energy Ties, Discuss Power Interconnection and Baynes Hydroelectric ProjectAngola and Namibia…
International News Oil

Oil Hits Multi-Year High as Iran Conflict Escalates, Boosting Vegoils and Aluminium

Oil Surges 25% to Highest Since 2022 Amid Iran War, Driving Vegoils and Aluminium Prices…
Local Gas News Oil Petroleum

Angola’s Newfield Deepwater FPSO Project Commences

Angola’s deepwater Block 15/06 partners have reached a significant milestone with the completion of the survey and installation of the initial modules of the FPSO for the Agogo field, according to reports from the country’s regulator. The National Oil, Gas, and Biofuels Agency (ANPG) announced that the first two modules of the FPSO Agogo have been successfully installed, marking the beginning of a crucial phase in the project. ANPG stated, “These are the first two

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International News Renewable Energy

ENGIE Energy Access Empowers Rural Communities with Clean Energy in Benin

ENGIE Energy Access proudly announces the inauguration of its inaugural mini-grid project, the Dohouè MySol Grid, in the village of Dohouè in southern Benin. Equipped with 135 kWp of solar panels and 130 kWh of lithium-ion battery storage, the Dohouè MySol Grid now brings renewable energy to over 1,500 residents and local businesses, marking a significant milestone in the region’s journey toward sustainable development. In collaboration with the Beninese Agency for Rural Electrification and Energy

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International Energy News Renewable Energy

Botala Energy and AAAS Energy to Collaborate on Major Solar Project in Botswana

Botala Energy Ltd. (ASX:BTE) has partnered with AAAS Energy BV, a solar developer focusing on Sub-Saharan Africa, to explore the potential for installing up to 250 MW of solar capacity at an energy hub currently under development in Botswana. Located near the town of Palapye, the Leupane Energy Hub and Industrial Park, operated by Botala, is envisioned as the site for this ambitious solar project. With plans to expand, the hub could eventually accommodate up

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International News

Burkina Faso and Rosatom Forge Partnership for Nuclear Power Plant Construction

Russian nuclear corporation Rosatom and Burkina Faso’s Ministry of Energy, Mines and Quarries have inked a pivotal agreement for the construction of a nuclear power plant in the country. Set to be completed by 2025, this ambitious project aims to bolster Burkina Faso’s electricity production, with projections indicating a doubling of output by 2030. The agreement delineates a comprehensive roadmap, charting a course for the development of Burkina Faso’s nuclear energy capabilities and the establishment

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Oil News Petroleum

South Sudan Expected to Restart Crude Oil Exports in 6-8 Weeks

South Sudan may restart export of its heavy sweet Dar Blend crude oil via the Petrodar pipeline to the Bashayer Marine Terminal in Port Sudan in six to eight weeks. The Petrodar pipeline, which transports approximately 100,000 barrels per day (bpd) for export via Sudan, has been hampered by stoppages since February. As stated by South Sudan’s Finance Minister Awow Daniel Chuang to Argus Media, the pipeline will undergo repairs while the country continues to

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International Exploration Gold News

Shanta Gold Reveals Encouraging Exploration Results for West Kenya Project

Aim-listed gold producer Shanta Gold has announced promising findings in its latest exploration update for the West Kenya project, covering the fourth quarter of last year and the first quarter of this year. CEO Eric Zurrin highlighted the progress, stating, “At Ramula, the reported assays provide valuable insights for converting inferred resources to indicated category resources. Meanwhile, encouraging results from our early-mid-stage targets at both Miruka and Anomaly 22 affirm the presence of economic range

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Local Mining News

Pensana Appoints Benedito Dumbo as Longonjo Rare Earths Mine Site Manager

London-listed rare earths miner Pensana has named Benedito Dumbo as the site manager for the Longonjo rare earths mine in Angola, marking a significant step ahead of the project’s main construction phase. Dumbo, a native of Luanda, Angola, brings three years of experience as a mining engineer dedicated to the project’s development. His expertise spans various crucial areas, including drilling, logging, fleet management, and maintenance systems. Graduating from the Camborne School of Mines, part of

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Economy Gold Mining Oil

Nigeria’s mineral wealth offers economic growth beyond oil

Mining minerals presents Nigeria with an opportunity to diversify its economy away from its heavy reliance on oil exports. Africa’s most populous country (228mn people) has an abundance of mineral resources. It boasts more than 40 mineral deposits — including kaolinitic clay, gold, gypsum, iron ore, lead, zinc, phosphate and tin across more than 500 sites in its 36 states. Baryte, bitumen, coal, gold, iron ore, limestone, lead, zinc and coal have been identified by

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International News

South Africa’s Eskom Pursues $21B Transmission Expansion

South Africa’s state-owned power utility Eskom is pursuing financing for its $21 billion transmission network expansion project, aiming to integrate renewable energy sources into the national grid. As the primary provider of 80% of South Africa’s electricity, Eskom’s expansion plans involve constructing 14,218 km of power lines by 2033 – a three-fold increase from 2012-2024 installations. To secure financing for this capital-intensive project, Eskom is engaging in discussions with relevant government ministries and considering potential

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International Energy News

Namibia Gears Up to Become Major Regional Power Producer

To ease reliance on electricity imports, Namibia has made substantial strides in ramping up its power network in recent years. The country derives the majority of its domestic power generation from the 120 MW coal-fired Van Eck Power Station in Windhoek, as well as the diesel-powered Paratus and Anixas Power Stations and Ombuvu Photovoltaic (PV) Power Station. Major developments in Namibia’s power distribution sector are poised to shift the country toward energy self-sufficiency by the end of

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