- Energy Transition: Projections of peak oil, gas, and coal demand before 2030 deemed ‘extremely risky and impractical’
- Africa: BW Offshore wraps up much-anticipated sale of Nigerian FPSO
- Senegal: European JV aims to revolutionize country’s power infrastructure
- Congo: Eni, Lukoil, and SNPC ink LNG sale and purchase agreement in a ‘significant milestone’
- Aramco CEO calls for ‘more realistic and robust’ multi-source plan in global energy transition
Africa Mining: Angola Chipindo’s gold exploration expected to resume by 2019
Gold exploration in the municipality of Chipindo, which is 456 kilometres north of Lubango, the capital of Angola’s Huíla province, will resume in January 2019, the local administrator recently announced.
Daniel Salupassa, speaking during a visit that the provincial governor, Luís Nunes, made to the exploration area, noted that following completion of prospecting work in 2017 the project is in the final phase of an economic feasibility study.
João Nunes, project manager for mining company Demang, the company that will explore the concession, said holes had been drilled in an area of 674 square kilometres, and equipment is already being built in South Africa.
The investment made by Demang is currently estimated at US$5 million, according to Nunes, quoted by the Angop news agency.
With an area of 3,898 square kilometres, the municipality of Chipindo has an estimated population of 64,700. (macauhub)
You must log in to post a comment.