Angolan Mining Oil & Gas - Page 226 of 391 - Top Angolan News for Oil, Gas and Mining Industries

Oil Local News Petroleum

ACREP Shares Now Listed on Angola’s BODIVA’s MROV Market

26, March, 202426, March, 2024

Angolan oil company ACREP’s shares are now listed on the “MROV” Over-the-Counter Market of the Angolan Debt and Stock Exchange (BODIVA) following a recent bidding process. The auction determined demand for 24 percent of the 37 percent stake held by Banco de Poupança e Crédito (BPC) in the private oil and gas firm. The Market for Registration of Transactions on Securities (MROV) is dedicated to recording previously conducted but unsettled transactions of securities not traded

Read More Here

Diamonds International News

Botswana Diamonds Reports Positive Developments in 2023

25, March, 202425, March, 2024

Botswana Diamonds’ Chairperson, John Teeling, has highlighted several positive developments achieved by the company in 2023. These include the discovery of a high-grade anomaly similar in size to the KX36 kimberlite pipe, progress on Thorny River mining permits in South Africa, and renewed interest in the Ghaghoo diamond mine in Botswana. Despite a depressed diamond market in 2023, Teeling remains optimistic about the long-term outlook for mined diamonds. He acknowledges the growing market for lab-grown

Read More Here

Diamonds Local News

Govt to Criminalize Illegal Diamond Mining Amidst Growing “Garimpeiros” Concerns

25, March, 202425, March, 2024

The Angolan Government is taking decisive steps to criminalize illegal diamond mining, a practice involving an estimated 1.3 million “garimpeiros” (illegal diamond explorers), mostly foreigners. This move comes amidst concerns over the harmful impacts of illegal mining on the environment, public health, and national security. Presenting the proposal for a Law to Combat Illegal Mining Activity in parliament, Secretary of State for Mineral Resources, Jânio Correia Vitor, emphasized the need for more efficient mechanisms to

Read More Here

Diamonds Local News

Govt Warns Against Illegal Diamond Mining Amidst International Sales Concerns

25, March, 202425, March, 2024

The Angolan government has raised concerns about illegal diamond exploration, highlighting the potential risk it poses to the commercialization of Angolan diamonds in Europe and America. The need to criminalize “garimpeiros” (artisanal miners) has been emphasized to address this issue. Jânio Correia Vitor, the Secretary of State for Mineral Resources, stressed the international association of illegal diamond mining with human rights violations, warning of potential repercussions on diamond sales abroad. He emphasized the importance of

Read More Here

Local Energy News

Saurimo Photovoltaic Plant Set to Power Thousands in Angola

25, March, 202425, March, 2024

The Secretary of State for Energy, Arlindo Carlos, announced that the Saurimo photovoltaic plant, located in Lunda-Sul, Angola, will commence operations later this month, providing a capacity of 26.13 megawatts of clean energy. Constructed on a sprawling 65-hectare site, the project is a collaboration between the South African company ‘Sun África’ and ‘MCA Angola’ and comes with a price tag of 38.839 million euros. It boasts a staggering array of 44,850 solar panels, poised to

Read More Here

Diamonds Economy International

Botswana Expresses Concern Over G7 Diamond Sanctions

25, March, 202425, March, 2024

Botswana officials have voiced apprehension over the Group of Seven’s (G7) planned restrictions on Russian diamonds, warning of potential negative impacts on the country’s diamond trade and economic progress. Lefoko Moagi, Botswana’s minister of mineral resources, green technology, and energy security, emphasized that the proposed requirement to channel all diamonds through Antwerp for verification poses logistical challenges and could hinder Botswana’s beneficiation efforts. The government is advocating for verification processes to occur in producer countries

Read More Here

Diamonds International News

Diamond Trade Groups Urge Reconsideration of Russian Diamond Ban

25, March, 202425, March, 2024

Several trade groups have come together to appeal to the Group of Seven (G7), urging them to reassess their plan to ban Russian diamonds, citing potential detrimental effects on the industry. The US Treasury’s Office of Foreign Assets Control (OFAC) confirmed earlier this month that sanctions on diamonds of 1 carat and above would commence on March 1. However, no guidance was provided on the implementation process or the necessary procedures for the trade. The

Read More Here

Local Diamonds News

Sociedade Mineira de Catoca Announces Growth Plans and Social Initiatives

25, March, 202425, March, 2024

Sociedade Mineira de Catoca (SMC) has unveiled ambitious plans for diamond production and investment in 2024, aiming to recover approximately 6.9 million carats while investing $69.282 million. Porfírio Soares, a company representative, shared these insights during the presentation of the company’s 2023 activities. The investment focus for 2024 includes enhancing prospecting activities to increase reserves, upgrading equipment fleets, and improving treatment centers to optimize work quality and reduce downtime. Furthermore, SMC anticipates commercial success, projecting

Read More Here

International Energy News Renewable Energy

Germany Backs Namibia’s Hyphen Green Hydrogen Project

25, March, 202425, March, 2024

Namibia’s groundbreaking Hyphen green hydrogen project received a significant boost last week as the German government extended its support. Enertrag, a joint venture between Hyphen Hydrogen Energy and Nicholas Holdings, is at the forefront of this venture. The German government has designated the Hyphen project as a strategic foreign project, making it eligible for targeted support, indicative of its global strategic importance. This initiative marks a crucial step towards establishing a large-scale green hydrogen industry

Read More Here

Diamonds Economy Local News

Lucapa recovers Fifth-Largest Diamond Discovery at Lulo Mine

25, March, 202425, March, 2024

Lucapa announced Thursday the recovery of its recent diamond discovery, marking the fifth-largest find at the Lulo mine in its 12 years of operation. The miner retrieved the diamond from processing run-of-mine stockpiled ore already on site. This discovery also marks the third diamond weighing over 100 carats found by Lucapa this year alone. In the preceding month, the miner unearthed two type IIa stones, weighing 162.42 and 116.14 carats, respectively, on consecutive days. The

Read More Here

« Prev 1 … 224 225 226 227 228 … 391 Next »

More Angolan Mining News