Angola Strengthens Position as Destination for Australian Mining Investment

Angola Attracts Australian Mining Investors as Business Environment Improves Angola is positioning itself as an increasingly attractive destination for Australian private investment, particularly in the mining sector, as bilateral business ties gain momentum. Speaking at the first Australia/Angola Business Forum in Perth, Australian businessman Stephen Lee Wetherall, who has operated in Angola since 2014, described the country as a safe and recommendable destination for Australian investment in Africa. The forum was held alongside the Africa

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Longonjo Rare Earth Project Expands Potential with Dysprosium and Terbium Discovery

Angola’s Longonjo Rare Earth Project Adds Dysprosium and Terbium to Resource Potential Angola’s Longonjo rare earth project in Huambo Province has strengthened its strategic potential following the identification of dysprosium (Dy) and terbium (Tb), adding to the previously identified neodymium (Nd) and praseodymium (Pr). The discovery was announced following a visit by Mineral Resources, Petroleum and Gas Minister Diamantino Azevedo to the Ozango Minerais project, which is being developed by UK-based Pensana with participation from

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Angola Oil & Gas 2026 Set to Drive Investment, Energy Transition and Local Content

Angola Oil & Gas 2026 Brings Together 3,000+ Delegates from 40+ Countries to Discuss Energy and Investment Angola Oil & Gas (AOG) 2026 is set to bring together thousands of energy professionals, investors and industry leaders in Luanda as Angola positions its oil and gas sector for further investment, growth and diversification. The seventh edition of the conference and exhibition is expected to attract more than 3,000 delegates from over 40 countries, representing more than

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Tetelo Mine Accelerates Expansion with New Copper, Zinc and Lead Processing Plants

Angola’s Tetelo Mine Targets 14,000 Tonnes-Per-Day Processing Capacity with New Copper, Zinc and Lead Plants Angola’s Tetelo mine in Uíge Province is expanding its processing operations with two new plants as the operator seeks to increase production and diversify into copper, zinc and lead. The expansion, being undertaken by Shining Star Icarus, includes a 3,200-tonne-per-day copper processing plant at Mavoio-Cuia and a 3,000-tonne-per-day zinc and lead processing plant at Mueji. The new facilities form part

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Angola Set to Join Global Niobium Producers as Niobonga Project Nears Launch

Angola to Become Africa’s First Niobium Producer as $150 Million Niobonga Project Nears Production Angola is preparing to enter the global niobium market, with the country’s first niobium mining project nearing completion in Quilengues, Huíla Province. The Niobonga project, being developed at the Bonga and Tchivira Carbonatite Complex, is expected to position Angola as the third niobium-producing country in the world after Brazil and Canada, and the first in Africa. Minister of Mineral Resources, Petroleum

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Sonangol Eyes Sustainable Aviation Fuel Production in Angola

Sonangol Eyes Sustainable Aviation Fuel Production in Angola as Bio-Refinery Plans Advance Angola’s national oil company, Sonangol, is evaluating the potential to produce Sustainable Aviation Fuel (SAF) domestically, following a scientific study that identified favourable conditions for developing a local SAF industry. The assessment was conducted by researchers from Sonangol’s Research and Development Centre (CPD) and Sonangol Refining and Petrochemicals (SNL R&P). The findings indicate that Angola could support SAF production through its availability of

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Angola Urges Oil Operators to Push Production Above One Million Barrels Per Day

Angola Targets Oil Production Above 1 Million Barrels Per Day as Government Calls for More Investment Angola’s government has called on oil companies operating in the country to increase crude oil production beyond one million barrels per day, as the country seeks to build on recent efforts to stabilise output and attract further investment into its petroleum sector. Minister of Mineral Resources, Petroleum and Gas Diamantino Azevedo made the appeal in Luanda on Monday, 31

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Galp Weighs N$13 Billion More Investment in Namibia’s Mopane Oil Project

Galp Considers Further N$13 Billion Investment as Mopane Oil Project Advances Galp Energia is considering an additional N$13 billion investment in Namibia as it advances exploration and appraisal work on the Mopane oil discovery in the Orange Basin, with a potential final investment decision targeted for 2028. The proposed investment would come on top of approximately N$12 billion Galp has already invested in Namibia over the past 20 years. If approved, the additional spending would

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South Africa’s Junior Diamond Sector Battles Rising Costs and Industry Headwinds

South Africa’s Small-Scale and Junior Diamond Miners Face Rising Costs and Regulatory Challenges South Africa’s small-scale and junior diamond mining sector is facing mounting pressure from rising operating costs, regulatory challenges and limited access to funding, threatening the viability of smaller producers. Industry stakeholders say junior and small-scale miners are particularly vulnerable because they generally operate with limited financial resources and lack the economies of scale available to larger mining companies. Access to capital remains

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US-Venezuela Oil Deal Raises Questions Over Contract Terms and Transparency

Experts Seek Clarity on US-Venezuela Oil Deal as Contract Details Remain Unclear The emerging oil agreement between the United States and Venezuela is facing scrutiny from energy experts and legal specialists, who are calling for greater transparency around the terms and structure of the deal. Questions have been raised over how the agreement will work in practice, particularly regarding the ownership, control and commercial arrangements surrounding Venezuela’s oil resources. Industry experts and lawyers say the

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