Vital Industry News
Endiama and Rio Tinto Launch Chiri Mining Venture for Diamond Exploration in Angola’s Lunda Sul Nigeria Approves $10.3 Billion Eni Deepwater Oil Investment in Zabazaba and Etan Fields Botswana Signs 30-Year Deal for 500MW Solar and Battery Project in Maun Germany and South Africa Sign €200M Loan Deal to Boost Energy Transition and Green Industry South Africa Commissions 148MW Bolobedu Solar Plant in Limpopo Sun King to Invest $150 Million in Ethiopia’s Off-Grid Solar Expansion De Beers Diamond Output Rises 17% in Q1 on Strong Botswana and Canada Performance DRC Signs Gold Supply Deal with UAE Firm to Expand Access to Global Bullion Markets Dangote Plans Major Refinery Expansion to Boost Capacity and Create Thousands of Jobs South Africa Turns to US Fuel Imports as Middle East Supply Risks Reshape Energy Trade
Diamonds Corporate News Economy Local

Endiama and Rio Tinto Launch Chiri Mining Venture for Diamond Exploration in Angola’s Lunda Sul

International Corporate News Oil

Nigeria Approves $10.3 Billion Eni Deepwater Oil Investment in Zabazaba and Etan Fields

Renewable Energy International News

Botswana Signs 30-Year Deal for 500MW Solar and Battery Project in Maun

More Angolan Mining News

Diamonds Corporate News Economy Local

Endiama and Rio Tinto Launch Chiri Mining Venture for Diamond Exploration in Angola’s Lunda Sul

Angola Launches Chiri Mining JV as Endiama and Rio Tinto Begin Diamond Exploration in Lunda…
International Corporate News Oil

Nigeria Approves $10.3 Billion Eni Deepwater Oil Investment in Zabazaba and Etan Fields

Nigeria Clears $10.3B Eni Offshore Oil Project to Develop Zabazaba and Etan Fields, Targeting 150,000…
Renewable Energy International News

Botswana Signs 30-Year Deal for 500MW Solar and Battery Project in Maun

Botswana Launches 500MW Solar + 500MWh Storage Project to Cut Power Imports and Boost Energy…
Renewable Energy International News

Germany and South Africa Sign €200M Loan Deal to Boost Energy Transition and Green Industry

South Africa Secures €200M German Loan to Upgrade Grid and Expand Renewable Energy and Green…
International News Renewable Energy

South Africa Commissions 148MW Bolobedu Solar Plant in Limpopo

South Africa Adds 148MW Bolobedu Solar Plant to Grid as Part of Renewable Energy Expansion…
International Corporate News Renewable Energy

Sun King to Invest $150 Million in Ethiopia’s Off-Grid Solar Expansion

Sun King Targets 2 Million Ethiopian Customers with $150M Off-Grid Solar Investment by 2030 Kenya-based…
Diamonds Corporate News International

De Beers Advances Sustainability with Emission Cuts, Conservation Projects, and Diamond Traceability

De Beers Reports 2024 Sustainability Progress: Emissions Down, Renewable Energy Expansion, and Blockchain Traceability Diamond mining giant De Beers has reported significant progress in its 2024 Sustainability Report, highlighting achievements in emission reduction, renewable energy development, biodiversity conservation, community impact, and diamond provenance. Since 2021, De Beers has reduced its Scope 1 and 2 emissions by 7% and continues to pursue its 2030 targets of cutting Scope 1 and 2 emissions by 42% and Scope

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Corporate News Gold International

Lexington Gold Expands Study Scope for Jelani JV in South Africa

Lexington Gold expands Jelani JV study in South Africa and completes drilling at Jennings-Pioneer project in the US AIM-listed Lexington Gold has announced that the conceptual-level study of the Jelani Resources joint venture (JV) project in South Africa, being undertaken by Bara Consulting, has been expanded to provide a more detailed and robust evaluation. Enhanced Study Scope for Jelani JV The upgraded study scope now includes: A more comprehensive validation of the proposed mining approach.

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Corporate News Local Mining Projects

Rare Earth Prices Surge Amid US-China Moves as Pensana Advances Angola Mine

Rare earth prices climb after US-China policy shifts, boosting interest in Pensana’s Angola project Rare earth prices have surged following two major policy moves: the US government’s agreement with MP Materials, which set a price of $110,000 per tonne for neodymium and praseodymium (NdPr), and China’s decision to ban the stockpiling of NdPr metal. London-listed emerging rare earths miner Pensana has highlighted the developments as it continues progress on its Longonjo rare earths project in

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Local News Transport and Logistics

Lobito Atlantic Railway Nears $533M US Loan to Boost Angola Rail Corridor

Lobito Atlantic Railway close to securing $533M US loan to modernize Angola’s key copper and cobalt export route Lobito Atlantic Railway (LAR) expects to finalize a $533 million loan agreement with the US International Development Finance Corporation (DFC) by the end of this year, according to CEO Nicholas Fournier. The financing is crucial to upgrading its Angolan railway concession and strengthening a vital export corridor for critical minerals. The DFC committed the loan in 2024

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Local Corporate News Transport and Logistics

Lobito Atlantic Railways Strengthens Leadership with New CEO and Chairperson Appointments

Lobito Atlantic Railways Names Nicholas Fournier CEO and Alexandre Canas Chair to Drive Angola’s Transport Corridor Expansion Angola’s rail operator Lobito Atlantic Railways (LAR) has announced a significant leadership change, appointing Nicholas Fournier as CEO and Alexandre Canas as chairperson on August 19. The move marks the formal separation of the two roles, a step aimed at strengthening governance as the company enters a crucial phase of operational growth. With its new executive committee and

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Corporate News International Oil

TotalEnergies Plans New Offshore Drilling in South Africa’s Deep Western Orange Basin

TotalEnergies to Drill Seven Wells in South Africa’s Orange Basin as Oil Frontier Expands TotalEnergies SE is preparing to launch a new offshore drilling campaign in South Africa’s Deep Western Orange Basin, a region that extends into waters where Namibia has recently made major oil discoveries. According to SLR Consulting, which is conducting an independent environmental assessment, TotalEnergies’ South African subsidiary intends to drill up to seven wells located about 211 kilometers (131 miles) off

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International News Oil

Cameroon to Revive Fire-Damaged Refinery Under Government-Backed Plan

Cameroon Launches $400M Plan to Restart Sonara Refinery by 2027 After 2019 Fire Cameroon’s 42,000-barrel-per-day Sonara refinery, shuttered since a devastating fire in 2019, is set for rehabilitation under a new government-backed program aimed at restoring the country’s refining capacity by 2027. The recovery framework, known as Parras 24, was formally approved during a board meeting on August 13. It sets out a 24-month roadmap for restructuring and repairs to revive operations at the country’s

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International News Oil

Namibia Delays Lüderitz Port Upgrade Amid Oil Boom Prospects

Namibia Postpones Lüderitz Harbor Expansion Crucial for Oil and Gas Industry Growth Namibia’s port authority has postponed plans to upgrade the southern harbor in Lüderitz, a key infrastructure project seen as vital for supporting the country’s fast-emerging oil and gas industry. The Namibian Ports Authority (Namport) had invited proposals for a concession to establish an oil and gas supply base in Lüderitz. However, the process was put on hold last week after the advertisement raised

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Corporate News International Oil

South African Court Halts TotalEnergies’ Cape Coast Drilling Plan

Court Halts TotalEnergies’ Offshore Oil Exploration Over Environmental Concerns A South African court has overturned an environmental authorization that allowed TotalEnergies and its joint venture partner Shell to explore for oil off the Cape coast, citing serious flaws in the company’s environmental review. The Western Cape High Court ruled on August 13 that TotalEnergies failed to adequately assess the potential socio-economic impact of oil spills and neglected to consider climate change in its application. “Total

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Corporate News Gas International Petroleum

Seplat Energy Completes First Domestic LPG Supply, Boosts Nigeria’s Energy Security

Seplat Energy Delivers First Domestic LPG Supply to Cut Cooking Gas Imports and Strengthen Nigeria’s Energy Security Seplat Energy PLC has successfully completed its first domestic supply of Liquefied Petroleum Gas (LPG)—Butane from the Bonny River Terminal (BRT) in Rivers State, Nigeria. The inaugural shipment involved loading 12,600 metric tons (MT) of LPG, a milestone that underscores Seplat’s strategy to expand local energy availability and reduce Nigeria’s reliance on imported cooking gas. Until now, LPG

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