Angolan Mining Oil & Gas

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

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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

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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

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