Petra Diamonds Restructures South African Operations as Nearly 1,800 Jobs Come Under Threat
Italy Supreme Court Acquits Prosecutors in Eni-Shell OPL 245 Oil Block Case, Ending Long-Running Legal Battle
Dangote Refinery Drives Sharp Decline in West African Fuel Imports
Zambia and US Expand $491 Million Grant Programme to Support Lobito Corridor Infrastructure
Ghana Weighs Transfer of Gold Fields’ Tarkwa Mine to Local Firms as Lease Expiry Nears
Qatar-Backed Cascade Strengthens Rare Earth Ambitions with Board Appointment and Pensana Investment
De Beers Sale Nears Completion as Anglo American Pushes Diamond Unit Toward Landmark Deal
Zimbabwe Approves Second Gold Refinery in Bulawayo to Support Rising National Output
Lobito Atlantic Railway Restarts DRC Copper Shipments Following Flood Damage Repairs
Swakop Uranium and Sonangol Partner to Advance Critical Minerals Development
As of today, the 5th, the petrol stations at 1º de Maio and Rio Seco, in Luanda, will be temporarily closed for rehabilitation work. According to a note from Sonangol’s Distribution and Marketing Business Unit, as an alternative, customers will have at their disposal the filling stations at the Airport (Cassenda district), São Cristóvão (Maculusso), Atlético (Neves Bendinha), Rádio Nacional de Angola (Alvalade), Eucalyptus (Nelito Soares).
In line with the mining operations in the provinces of Lundas Norte and Sul, we were able to witness the complexity of all the engineering work, developed with alluvial diamond deposits in mind, which became more valued from 2018 onwards, with the implementation of a new commercialization model, which eliminated the so-called “preferred customers”. The first stop was at N’zaji, municipality of Cambulo, base of operations of SMC (Sociedade Mineira do Chitotolo), since 1986, with
The Sociedade Mineira do Chitotolo (SMC) suspended operations in the areas of Chitotolo, Muyta and Sangulungu, keeping them in Maludi, which represents 40 percent of the activity of the consortium owned by Angola’s Endiama and Lumanhe, as well as Australia’s ITM. The partial interruption of operations was decided to comply with the restrictions imposed by the State of Emergency in force in the country since March 27, giving rise to authorization for home confinement for
Two projects are in pilot production, located in the province of Lunda Norte, the region where the largest number of mines and diamond projects are located, although Lunda Sul is the largest diamond producer in the country. There are a total of 42 projects participated by Endiama Mining. Of the 42 mining projects participated by Endiama Mining, the diamond operator of the Endiama group, 21 are at a standstill, five are in prospection and only 11
Representing the voice of the African energy sector, the African Energy Chamber supports HRH Prince Abdulaziz bin Salman, Minister of Energy of Saudi Arabia, in his call for oil and gas market stability The current global oil and gas market is in a state of flux, with price volatility, demand fluctuations and thin liquidity causing unprecedented impacts on the entire energy value chain. At the same time, a number of producing markets in Africa are
Representing a long-term strategic partner for South Sudan, the South African delegation will pave the way for new bilateral partnerships between the two nations, and South African energy stakeholders are urged to capitalize on the opportunities the conference presents Energy Capital & Power (ECP) (https://EnergyCapitalPower.com) is proud to announce that H.E. Gwede Mantashe, South Africa’s Minister of Mineral Resources and Energy, will lead a South African delegation to South Sudan Oil & Power 2022 (https://bit.ly/3cvK8EY)
H.E. Sophie Gladima, Minister of Petroleum and Energies for the Republic of Senegal announced that MSGBC Oil, Gas & Power 2023 will take place in Mauritania next year and gave the final remarks for MSGBC 2022, thanking her fellow Ministers and the assembled delegates for their attendance, insight and inputs in developments over the course of the two-day event, West Africa’s foremost energy forum On the final day of the MSGBC Oil, Gas & Power
Australia’s Lucapa Diamond (ASX: LOM) has recovered a 160-carat white Type IIa diamond at its prolific Lulo mine in Angola, the sixth-largest recovered at the operation to date. The diamond was found at the same alluvial mining block as the Lulo Rose, a 170-carat pink-coloured diamond believed to be the largest of its kind found in Angola in 300 years. Lucapa has a 40% stake in the Lulo mine, which hosts the world’s highest dollar-per-carat alluvial diamonds. The rest is held
The project coordinator, João Mayer, informed that the new gasoline complex at the Luanda Refinery already produces more than one million liters of this fuel daily. Thus, the unit increased its daily production capacity to a total of 1,580,000 liters of gasoline, against the previous 395,000 liters. According to Angop, with this increase it was also possible to reduce gasoline imports by around 15 percent, as well as respond to the market by around 45
The entry into operation of the new gas consortium in the country will allow for an increase in the production of this fuel which, consequently, will generate more revenue for the oil sector, but also increase the production of fertilizers, relaunching the agriculture sector. According to the chairman of Sonangol’s Board of Directors (PCA), Sebastião Martins, the project will help the oil company’s revenues, as well as enable the development of other projects, such as
