Mining

Angola: Luanda suspends awarding of new licences in the mining sector

Saturday, 15 August 2015 22:30

The Angolan government has suspended, pending the implementation of the National Geology Plan, the issuance of new concession licences, research and operation on the mining resources of the country, reported Angola Press on 6 August.

The decision follows the approval of a proposed presidential order regulating the licences which remained non-operational for years, explained Francisco Queiroz (photo), Angolan minister of Geology and Mines.

It comes in a context where about 2,000 licences have been issued, with the majority not having been used for years, he stressed.

Mr. Francisco Queiroz added that this is a situation that greatly preoccupies the government, more so because over 1,836 licences have been awarded and are, for most, on the civil engineering and traditional production of diamond.

On the same topic
Amid the shift toward clean energy, the head of the International Energy Agency believes that the strategic hydropower sector is still being...
First 5,000 m drilling campaign to start in November 2025 Konahiri becomes firm’s second key exploration site after Didievi Company holds $10.5...
Rainbow Rare Earths postpones Phalaborwa feasibility study to 2026 Project aims to recover rare earths from industrial residues DFC-backed venture...
Ghana’s Tema Oil Refinery (TOR) is preparing to resume operations in October 2025 after a four-year suspension. The Centre for Environmental Management...
Most Read
01

Sonatel is a major telecom company in West Africa that investors trust, offering steady growth and...

Sonatel Stock Nearly 19% Rise Over the Year, Signals Undervalued Telecom Giant Poised for Further Growth
02

Cameroon's Constitutional Council declared Paul Biya the winner of the presidential election, secu...

Presidential Elections: Paul Biya Declared Winner in Cameroon, Alassane Ouattara Favorite in Ivory Coast
03

Wave launches Wave Bank Africa in Côte d'Ivoire with $32M capital Move follows €117M fu...

Wave Launches Commercial Bank in Côte d’Ivoire
04

ECOWAS will integrate AI into its early warning systems to strengthen crime prevention and intelli...

ECOWAS Deploys Artificial Intelligence to Combat Organized Crime
05

NGE wins two contracts for sanitation, coastal protection in Senegal Projects target Dakar’s Hann...

Senegal Selects French Group NGE for Two Environmental and Heritage Projects
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.