Montage Gold Surpasses 2024 Drilling Totals, Accelerates Resource Growth at Koné Project

Montage Gold Expands Côte d’Ivoire Drilling, Adds 404,000 oz to High-Grade Resources in Under a Year Montage Gold has ramped up exploration efforts at its flagship Koné gold project in Côte d’Ivoire, achieving significant milestones just halfway through 2025. The Canadian-listed company has already surpassed its total drilling output from 2024, signaling robust progress toward its near-term production and resource expansion goals. As of mid-year, Montage has completed 83,280 metres of drilling—exceeding last year’s total

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Mali Court Denies Barrick Mining’s Appeal to Release Detained Employees Amid Ongoing Dispute

Mali Rejects Barrick Gold’s Appeal Over Employee Arrests as Mining Dispute Deepens A court in Mali on Tuesday rejected an appeal by Barrick Gold Corporation to release four local employees who were arrested in November 2024, according to Judge Samba Sarr. This ruling marks the latest development in a prolonged standoff between the Canadian mining giant and Mali’s military-led government over taxes and mine ownership. Barrick, which has consistently dismissed the allegations as baseless, filed

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Mining Law Key to Angola’s Sovereignty and Sustainable Growth

Mining Law Is Key to Angola’s Sovereignty and Sustainable Development, Says Minister The Minister of Mineral Resources, Petroleum, and Gas, Diamantino Azevedo, emphasized on Tuesday in Luanda that Mining Law in Angola is a vital tool for national sovereignty and economic justice, serving as a pathway toward the country’s sustainable development. Speaking at the opening ceremony of a specialized course in Mining Law, held at a university in Luanda, Azevedo highlighted the urgent need to

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Diamantino Awarded Medal for Peace and Energy Leadership as Angola Charts Bold Energy Future

The African Energy Chamber supports Minister Azevedo’s national honor, recognizing his leadership in transforming Angola’s oil and gas sector through major reforms and strategic projects In recognition of a lifetime dedicated to peace, development and the advancement of Angola’s oil and gas industry, Diamantino Pedro Azevedo, Minister of Mineral Resources, Petroleum and Gas, has been awarded the Commemorative Medal for the 50th Anniversary of National Independence in the Peace and Development Class by Angola’s President

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Angola’s Oil and Gas Output Drops 10.2 Percent in Q2 2025 Amid Sector Struggles

Angola Oil Production Falls to One Million Barrels Per Day in Q2 2025 as Sector Contracts Over 10 Percent Oil and gas production in Angola fell by 10.2 percent in the second quarter of 2025, according to an estimate released Monday by the Economic Studies Department of Banco Fomento Angola (BFA). The decline brought daily oil output down to approximately 1 million barrels per day, reinforcing the ongoing structural downturn in the country’s crude oil

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President João Lourenço to Open Landmark Angola Oil & Gas 2025 Conference

Angola Oil and Gas 2025 to Break Records with Presidential Opening and Global Energy CEOs President João Lourenço will officially open the 6th edition of Angola Oil & Gas (AOG) 2025, scheduled to take place on September 3rd and 4th in Luanda. This year’s conference marks a milestone, coinciding with Angola’s 50th anniversary of independence, and is set to be the largest and most internationally attended edition since the event’s inception. According to a press

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Huila and Namibe to Join National Grid via Hydroelectric Power by End of 2025

Angola to Connect Huila and Namibe to National Power Grid with Hydroelectric Energy by Year End The provinces of Huila and Namibe are set to be connected to Angola’s national electricity grid using hydroelectric power by the end of 2025. The Gove–Matala power transmission line project, along with key substations, is currently 80 percent complete and expected to be finalized by October, according to a statement from the Ministry of Energy and Water. Stretching over

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Catoca Mining Society Honored in UK for Excellence in Social Responsibility

Catoca Mining Society Wins Africa Social Responsibility Award at British Parliament The Catoca Mining Society, Angola’s largest diamond mining company, has been honored with the Corporate Social Responsibility and Community Development Award in Africa, presented by African Leadership Magazine at a ceremony held at the British Parliament in London on July 10. Located in Lunda Sul province, Catoca is responsible for over 60 percent of Angola’s total diamond production. The award recognizes the company’s ongoing

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Angola Diamond Auction Raises 15 Million Dollars Exceeds Expectations by 24 Percent

Angola’s Diamond Auction Exceeds Expectations, Raising $15.5M from 17 Rough Stones Angola generated $15.5 million from the auction of 17 special rough diamonds, surpassing expectations by 24.33%, according to a statement released Wednesday by the Angolan National Diamond Trading Company (Sodiam E.P.). The diamonds were sourced from four mining operations: Lulo, Kaixepa, Chitotolo, and Luele. The combined weight of the stones totaled 865.19 carats, Sodiam reported. The breakdown of the proceeds is as follows: The

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Mozambique Nears Deal with TotalEnergies to Restart $20 Billion LNG Project

Mozambique Close to Agreement with TotalEnergies to Resume $20B LNG Project Halted by Insurgency Mozambican President Daniel Chapo says negotiations with TotalEnergies SE to restart a long-stalled $20 billion liquefied natural gas (LNG) project are nearing conclusion, raising hopes for a major economic boost in one of the world’s poorest nations. In a July 19 interview, Chapo confirmed that he recently met with TotalEnergies CEO Patrick Pouyanné to discuss the resumption of the Mozambique LNG

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