Angola: From rough diamond to mining giant?
Historically, Endiama has partnered with Russian mining giant Alrosa, which is the largest foreign investor in Angola's diamond sector. Although Alrosa was subjected to US sanctions in the wake of Russia's invasion of Ukraine, the company holds minority stakes in Angolan diamond mines, enabling it to escape the measures.
Precarity in Angolan diamond mining towns, 1920 2014: …
precarity in angolan diamond mining towns The colonial creation of mining cities in the Lundas was the result of the firm's initiatives, backed by state agreement.
Latest News
Angolan Mining Oil & Gas. Top Angolan News for Oil, Gas and Mining Industries ... a minimum of $80 million will be invested in blocks CI-504, CI-526, CI-706, and CI-708 over an initial three-year exploration period, the council said in a statement. ... Sourced from Oil Mining Lease (OML) 13, which is fully operated by NNPC Ltd.'s upstream ...
Angola's buried treasures: Why investors see long-term …
The hurdle to overcome is the difficult history of mining in this country, to convince investors that Angola has truly turned the page.". Angola's diamond mining …
Ivanhoe to explore for copper in Angola
Canada-headquartered mining company Ivanhoe Mines has been granted 22 195 km2 of greenfield prospecting rights for exploration in the Moxico and Cuando …
ENDIAMA President Reveals Plans for Diamond Exploration
The revelation of plans for oceanic diamond exploration marks a significant milestone for Angola's mining sector, signaling a strategic shift towards tapping into previously unexplored resources. As the country embarks on this ambitious endeavor, it stands poised to unlock new avenues for economic growth and development, leveraging …
Exploration
Local Exploration Mining Mining Projects News. ANPG to Launch Geological Mapping Project in Etosha/Okavango Basin. 4, June, 2024 4, ... London-listed Pensana has praised the Angolan government for its attractive policies and growing interest in the country's exploration potential. This comes as Angola saw a notable improvement in its ranking ...
Angola's Mineral Policies | SpringerLink
It shows that Angola's metal exploration and extraction are currently largely dominated by Angolan mining companies. The diamond sector shows a much more international mining landscape, with Chinese and Portuguese companies being the most important investors along with Angola's national enterprises.
Gold Exploration in Angola Shows Promising Growth
Gold exploration in Angola has seen significant progress, occupying 4.9 percent of the national territory and generating over $10 million in revenue from 2021
Ivanhoe Mines secures prospecting rights to Angolan …
Canadian mining company Ivanhoe Mines has announced plans to begin exploration activities in Angola next year, after securing greenfield prospecting rights over an area the size of Switzerland for an initial period of five years, according to reports. Ivanhoe signed the deal for the 22,195-kilometre area at the Angolan Mining Conference at the end of …
ANPG Signs Lucrative Oil Exploration Contracts to Boost …
In a pivotal move aimed at bolstering Angola's energy sector, the National Oil, Gas and Biofuels Agency (ANPG) finalized three significant risk service contracts in partnership with Azule Energy.
Angola's First Gold Refinery Nears Completion with …
Several Angolan provinces, including Cabinda, Cuanza Norte, Bengo, Hulla, and Huambo, have reported gold occurrences, and mining companies holding exploration rights are already in operation. The foundation stone for Angola's inaugural gold refinery was laid in 2022 by Minister of Mineral Resources, Oil, and Gas, …
Sonangol, Total Energies, and Petronas Partner for $6 Billion …
In addition to the exploration agreement, Sonangol and Total Energies signed a Memorandum of Understanding focusing on research and development, decarbonization of the oil and gas industry, and renewable energies. ... Angolan Mining Oil & Gas will use the information you provide on this form to be in touch with you and to provide updates and ...
Ivanhoe Mines Embarks on Pioneering Exploration in Angola
The rights, granted for exploration in the Moxico and Cuando Cubango Provinces, were formalized through a mining investment contract (MIC) with Angola's National Agency for Mineral Resources. This agreement, signed at the 2023 Angolan Mining Conference in Luanda, heralds a significant exploration venture into a region …
Angola poised for a transformative shift in the mining sector
Private investment in Angola's greenfield and brownfield activities – which will be showcased at AOG 2024 in Luanda on 2-4 October – are expected to lead to …
Ivanhoe Mines Embarks on Pioneering Exploration in Angola
In a significant development for the African mining industry, Ivanhoe Mines, a prominent Canadian mining company, has announced the acquisition of 22,195 …
Mining in Angola | Projects IQ
The 4 highest capital value projects in Angola are owned by 7 mining companies with the Angolan government having investor ownership in one of them. The 7 companies are Angola Exploration Mining Resources, FERRANGOL, Petril Phosphates, Minbos Resources, ITM Mining, Lumanhe, ENDIAMA and Axactor.
Breaking Ground: The Diversification of the Angolan Mining …
Crucially, the Angolan government understands the importance of supporting mineral exploration and is vocal in welcoming foreign investment into the country. Dr Jacinto Rocha of the Angola National Agency of Mineral Resources stated, "we want to not only diversify the economy but the Angolan mining sector".
Angola's Diamond Industry Promises High Returns for Investors
In February 2024, diamond company De Beers signed a Memorandum of Understanding (MoU) with various Angolan mining companies, signaling a commitment to diamond exploration and production in Angola. The company's focus on Angola was highlighted by De Beers' Senior Exploration Manager, Mike Roberts, during a …
Spotlight: the legal framework and licensing regime for mining …
A review of the legal framework governing the mining sector in Angola, including provisions on mining rights, licensing and permitting.
Rare Earth Mining Project in Huambo Province Set to …
The Ozango Minerais project, focusing on the exploration of rare earth minerals in Longonjo, Huambo, is advancing into the construction and equipment installation phase, with operations expected to commence in 2026.
Ivanhoe obtains copper prospecting rights in Angola
Ivanhoe Mines is set to begin mining exploration activities, after it secured greenfield prospecting rights in Angola.
Pensana Appoints Benedito Dumbo as Longonjo Rare Earths Mine …
London-listed rare earths miner Pensana has named Benedito Dumbo as the site manager for the Longonjo rare earths mine in Angola, marking a significant step ahead of the project's main construction phase. Dumbo, a native of Luanda, Angola, brings three years of experience as a mining engineer dedicated to the project's development.
Rio Tinto Signs $5.7M Mining License in Angola
Anglo-Australian mining firm, Rio Tinto, has secured an investment contract to undertake the exploration of basic metals in Moxico province, Angola.
Positioning Angola as a Globally Competitive Mineral Producer
As Angola celebrates the 37th anniversary of Mining Labor Day this year, strategic developments across its mining sector are positioning the country as a globally …
UK critical minerals player gains control of oil junior with Angolan …
UK critical minerals player gains control of oil junior with Angolan assets. UK-based Corcel lines up entry into onshore Kwanza basin once deal is approved
Top Five Oil and Gas Projects in Angola
In an effort to drive upstreamgas exploration and monetization, Angola's New Gas Consortium (NGC) – comprising Chevron, Azule Energy, TotalEnergies and Sonangol – reached FID on the Quiluma and Maboqueiro (Q&M) gas project last August, together with the National Agency of Oil, Gas and Biofuels (ANPG). ... Angolan Mining …
Breaking Ground: The Diversification of the Angolan Mining …
Crucially, the Angolan government understands the importance of supporting mineral exploration and is vocal in welcoming foreign investment into the country. Dr …
CNOOC Signs Oil Exploration and Production Contracts in …
State-run China National Offshore Oil Co (CNOOC) announced on Friday that it had signed oil exploration and production concession contracts with Mozambique's energy ministry and national energy company ENH.
Ivanhoe Begins to Explore Angola | E & MJ
A mining investment contract (MIC), officially granting the prospecting rights, was signed with the Angolan National Agency for Mineral Resources during the …