Martyn Charles Marriott Urges Botswana and Angola to Revive Diamond Industry Cooperation

Diamond Veteran Martyn Charles Marriott Calls for ‘OPEC-Style’ Alliance as Botswana and Angola Seek Greater Stakes in De Beers As Botswana seeks a larger stake in De Beers and Angola signals similar ambitions, diamond industry veteran Martyn Charles Marriott says this moment could be an opportunity to restore the collaboration and discipline that once defined the global diamond trade. In a commentary published on the International Diamond Manufacturers website, Marriott cautioned Botswana against pursuing an

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Feriel Zerouki to Step Down as De Beers Chief Trade and Industry Officer

De Beers Executive Feriel Zerouki Resigns After Two Decades, Leaving Legacy of Ethics and Transparency in Diamond Industry Feriel Zerouki will step down as De Beers Group’s Chief Trade and Industry Officer and member of the executive committee at the end of October, the diamond company announced. Zerouki joined De Beers in 2005 and has played a central role in shaping the miner’s leadership in ethics, provenance, and industry integrity over her nearly two decades

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Ivory Coast Expands Mining Sector with 11 New Exploration Permits

Ivory Coast Grants 11 New Mining Permits to Boost Gold, Cobalt, and Copper Production Ivory Coast, the world’s leading cocoa producer, is expanding its mining ambitions by issuing 11 new exploration permits for gold, cobalt, copper, and other minerals. The announcement was made by government spokesperson Amadou Coulibaly following a recent cabinet meeting. The West African nation is positioning itself as a stable and investor-friendly mining destination, contrasting with neighboring countries like Mali, Burkina Faso,

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Senegal Plans $5 Billion Second Refinery to Close Fuel Gap and Boost Regional Energy Supply

Senegal Announces $5B SAR 2.0 Refinery Project to Achieve Energy Self-Sufficiency by 2029 Senegal is advancing plans to build a second oil refinery, a $5 billion project aimed at meeting rising domestic fuel demand, reducing reliance on imports, and positioning the country as a potential regional exporter. The proposed SAR 2.0 refinery would add 4 million tons of refining capacity per year by 2029. The project has attracted financing interest from China, Turkey, and South

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Angola’s SODIAM Achieves $16.9M in Rough Diamond Auction Amid Challenging Market

SODIAM Raises $16.9 Million in 15th Electronic Rough Diamond Auction The Angolan National Diamond Trading Company (SODIAM) announced the successful sale of 36 special rough diamonds, generating a total net value of US$16.9 million at its 15th electronic auction held on Wednesday. The diamonds were produced by leading mining companies, including SOMILUANA, Lulo, Kaixepa, Mussende, Chitotolo, Calonda, and Catoca, and comprised a total of 1,529.8 carats. The auction results exceeded expectations by 9.14%, reflecting strong

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Pensana Completes Initial Drilling Programme at Coola Carbonatite in Angola

Pensana Advances Rare Earth Exploration with Coola Drilling Programme in Angola London-listed Pensana has successfully completed an initial drilling programme at the Coola carbonatite, located approximately 30 km north of the company’s flagship Longonjo rare earth project in central Angola. Longonjo is recognized as one of the world’s largest undeveloped rare earth deposits, and Coola forms a key part of Pensana’s regional exploration strategy, aimed at extending the Longonjo project’s life-of-mine. Drilling Programme Details The

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Senegal’s Dependence on Nigerian Crude Highlights Domestic Refining Challenges

Senegal Relies on Nigerian Crude Despite Rising Local Oil Output — Dakar Refinery’s Supply Challenges Explained Senegal has emerged as a significant importer of Nigerian crude, highlighting a paradox in Dakar’s oil sector. Despite joining Africa’s league of oil-producing nations in 2024, Senegal still struggles to process its own crude oil efficiently. Industry data from energy analytics firm Kpler reveals that Senegal’s 30,000-barrel-per-day (kbd) Dakar Refinery is running predominantly on Nigeria’s Erha crude. Shipments have

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Chevron Advances Offshore Exploration with Seismic Survey Completion in Angola

Chevron Completes Seismic Data Acquisition for Angola’s Blocks 49 and 50, Boosting Offshore Exploration American multinational energy company Chevron has completed seismic data acquisition for Blocks 49 and 50, located in the ultra-deepwaters of Angola’s Lower Congo Basin. The company is now moving forward with data processing to assess the blocks’ exploration potential. This initiative is part of Chevron’s broader strategy to expand offshore exploration in Angola. It follows the signing of a Risk Service

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Angola to Award 60 Oil and Gas Concessions by End of 2025

Angola Plans to Grant 60 Oil and Gas Blocks by 2025 to Boost Production Above One Million Barrels Per Day Angola is on track to award 60 oil and gas concessions by the end of 2025, driven by its multi-year licensing rounds and direct negotiation program. This move represents a significant step in Angola’s strategy to maintain production above one million barrels per day. At the African Energy Week: Invest in African Energies 2025, Alcides

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China’s Niobonga Launches Angola’s First Niobium Mining Project in Huila Province

Angola’s First Niobium Mine to Launch in Huila with $150M Investment by Niobonga The Chinese company Niobonga has secured a concession to mine niobium in the village of Bonga, within the Quilengues municipality of Huila province, Angola. The company has invested $150 million in the project, which is expected to produce 8,000 tons of ferroniobium and 150,000 tons of sulfuric acid per year. Exploration is slated to begin later this year, marking the first niobium

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