Vital Industry News
Ghana’s Damang Gold Mine Transitions to Local Ownership Under Engineers and Planners Chevron Appoints Emmanuelle Garinet to Lead Exploration in the Americas and Africa Angola’s Cabinda Refinery Nears Production Start Following Ministerial Inspection Angola Begins Gas Exports from Quiluma Field with 150 Million Cubic Feet per Day Angola Leads African Rare Earth Surge with $165 Million Investment in Longonjo Project Burkina Faso Mining Development Fund Raises CFA85.7 Billion in 2025 Chinese Investors Dominate $21.8 Billion in Proposed Investments in Angola TotalEnergies Restarts Production at Libya’s Mabruk Oil Field After 11-Year Shutdown Seplat Energy Plans 17 New Wells in 2026 to Boost Production Energean to Acquire Chevron Stakes in Angola’s Block 14 Assets
Corporate News Gold International

Ghana’s Damang Gold Mine Transitions to Local Ownership Under Engineers and Planners

Corporate News International Mining Personality

Chevron Appoints Emmanuelle Garinet to Lead Exploration in the Americas and Africa

Corporate News Local Oil

Angola’s Cabinda Refinery Nears Production Start Following Ministerial Inspection

More Angolan Mining News

Corporate News Gold International

Ghana’s Damang Gold Mine Transitions to Local Ownership Under Engineers and Planners

Ghana’s Damang Mine Set for Local Takeover as Engineers and Planners Prepares Operations Ghana’s mining…
Corporate News International Mining Personality

Chevron Appoints Emmanuelle Garinet to Lead Exploration in the Americas and Africa

Chevron Names Emmanuelle Garinet Director of Exploration for the Americas and Africa Energy supermajor Chevron…
Corporate News Local Oil

Angola’s Cabinda Refinery Nears Production Start Following Ministerial Inspection

Cabinda Refinery Prepares for Petroleum Production After Ministry Inspection A delegation from the Ministry of…
Local Economy Gas News

Angola Begins Gas Exports from Quiluma Field with 150 Million Cubic Feet per Day

Angola Launches Gas Exports from Quiluma Field, Boosting Energy Diversification The National Agency of Petroleum,…
Corporate News Local Mining Projects

Angola Leads African Rare Earth Surge with $165 Million Investment in Longonjo Project

Angola Secures $165M Investment for Longonjo Rare Earth Project, Boosting Africa’s Strategic Supply Chain Mining…
Economy International News

Burkina Faso Mining Development Fund Raises CFA85.7 Billion in 2025

Burkina Faso Collects $152 Million from Mining Development Fund in 2025 to Support Local Development…
Diamonds International

De Beers Expects Oversupply to Continue for Now

Inventory in the diamond trade will remain high for the time being amid reduced retail demand, but the market will eventually rebound, De Beers has predicted. “While there have been some positive signals in some countries, with US inflation continuing to fall and the economy proving more resilient than anticipated, 2023 consumer demand for natural diamonds is expected to be below the record levels seen in 2021 and 2022,” the miner said in its annual Diamond Insight

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Diamonds International News

India to Pause Rough-Diamond Imports for Two Months

The Indian diamond sector has recommended a two-month freeze on rough imports, its most drastic emergency measure since the Covid-19 crisis. The pause will run from October 15 to December 15, five leading trade organizations said in a joint statement. They came to the decision at a meeting of more than 100 industry representatives the same day, and said they would review the situation in the first week of December. The move is a response

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International Renewable Energy

Namibia’s Green Hydrogen and Mineral Resources Attract European Interest

Namibian President Hage Geingob expressed the view that the United States is overlooking investment opportunities in green hydrogen projects and mineral resources within the southern African nation. Meanwhile, the European Union has shown significant interest in these prospects. In December, German officials visited Namibia with the intention of exploring investments in response to their quest for new energy sources to facilitate a transition to cleaner technologies. This move is partly driven by the need to

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International News Oil

The World’s Biggest-Ever Deep-Water Oil Find Sparks Caution in Namibia

It’s touted by some as possibly the world’s biggest-ever deep-water oil find. The discovery off the shores of Namibia last year by TotalEnergies and Shell of an estimated 11-billion barrels of crude has generated understandable excitement in the southern African country. Even if only a small portion of that potential load valued at about $1 trillion at current prices – is realistically recoverable, it holds the promise of untold riches for this nation of 2.7

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Local News Oil

Crude Oil Prices Surge by $1 Amidst Global Market Uncertainty

The oil prices rose by more than one dollar on Tuesday 19th September 2023, in the fourth consecutive session of gains, against a backdrop marked by the fact that weak shale oil production in the United States is exacerbating concerns about supply due to prolonged production cuts by Saudi Arabia and Russia. Brent futures prices, a benchmark for Angolan sales, rose by 1.24 dollars or 1.31 percent, to 95.67 dollars per barrel at 2:08 PM

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Energy International News

African Energy Week 2023: Namibia’s Energy Investment Showcase Set to Launch in October

The Energy Invest: Namibia 2023 publication the official investment report on Namibia’s oil, natural gas, power, mining, and renewable energy sectors will be launched at the “Invest in Namibia Energies” strategic session at African Energy Week 2023 in Cape Town on October 18. Endorsed by the Ministry of Mines and Energy and produced by Energy Capital & Power in partnership with the African Energy Chamber, National Petroleum Corporation of Namibia (NAMCOR), Namibia Investment Promotion and

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Gas Local News

ENI Unveils Ambitious $1 Billion Gas Project in Angola

The global energy company (ENI) announced in Luanda that it will make a $1 billion investment for the development of non-associated gas in Angola, its managing director, Guido Brusco, has said. Non-associated gas is free of oil and water in the reservoir, and its concentration is predominantly in the rock layer. According to the director of the Italian energy company, who was speaking at the 4th edition of the Angola International Conference and Exhibition “Oil

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Gold International Mining News

Gold Fields Set to Determine Future of Ghana Mine in the Next Four Months

Gold Fields will decide whether to keep or dispose of its stake in its smallest gold asset within the next four months, according to interim CEO Martin Preece. The Johannesburg-listed firm is “exploring all the options” for the Asanko gold mine in Ghana, including a total divestiture or a move to boost its ownership. The company entered into a joint venture agreement to operate the mine with Vancouver-based Galiano Gold in 2018. It produced 170,342

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Economy International News Oil

Global Oil Prices Surge Past $100 as Supply Constraints Tighten Grip

Oil prices have surged to their highest levels in 2023 due to investor concerns about a potential supply shortage in the fourth quarter. Amid the keen attention of oil investors and traders regarding a potential oil price surge approaching $100 per barrel, certain types of crude oil have already surpassed this significant milestone, underscoring expectations of a constrained supply. The outright price of Nigerian crude, specifically Qua Iboe, exceeded the $100 per barrel mark on

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Local News Oil

Brent Crude Oil Nears $100 Mark

The prices of a barrel of oil are nearing $100 due to discouraging levels of shale oil production in the United States and increasing concerns about global supply shortages. For the fourth consecutive session of rising oil prices, the Brent crude oil barrel, which serves as a reference for Angolan exports, rose by 1.49% to $95.84. These prices come after a three-week recovery, both for Brent crude oil and WTI crude oil barrels, reaching ten-month

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