Angola
Current and comprehensive mining and industrial, market data and investing news in Angola.
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Exploration & Development
Angola battles to revive oil exploration as output declines
On Saturday, nearly two decades after securing the initial rights, Total’s CEO Patrick Pouyanné was in Luanda to snip the…
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Current News
Anglo finds returns outweigh risks as miner renews Africa focus
Anglo American Plc is going where larger rivals fear to tread, returning to its African roots to tap mineral assets with…
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Base Metals
Anglo American asks Angola for permission explore for metals
Anglo American, one of the world’s largest commodities miners, has asked Angola for permission to explore for base metals, the…
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Exploration & Development
After Kaombo, Total doubles down on African oil
Shortly after launching a new project in Angola, French oil major Total said it was searching for more resources in…
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Diamond
New Director-General for Angola’s Catoca
The 64th special session of the General Assembly of the Mining Society of Catoca, which was held the past Thursday…
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Oil & Gas
Angola is in talks with majors to boost oil output by 2020
Angola is targeting an increase of about 250,000 barrels a day in oil output by 2020 and is already in…
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Profit & Loss
Angola’s top diamond mine loses almost $500m due to underpricing
Angola’s Catoca, the world’s fifth largest diamond mine, estimates it lost $464-million over the past six years due to a government-imposed…
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Chemicals
Total, Sonangol agree to increased activity in Angola
During a recent official visit to France by Angola President João Lourenço and a delegation of Angolan businesspersons, petrochemicals giant Total chairperson and CEO Patrick Pouyanné and Angolan petroleum parastatal Sonangol…
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