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Two gold mining projects start operating

     Economy              
  • Luanda • Wednesday, 26 June de 2024 | 00h38
Oil platform
Oil platform
DR

Talatona – The 'Mapele' and 'Lombe Mining' gold exploration projects, under execution in the provinces of Huíla and Cabinda, respectively, will be able to start operating in the second This year, according to the Minister of Mineral Resources, Petroleum and Gas.

Diamantino de Azevedo, who was speaking to the press on Tuesday in Luanda at the end of a working meeting of his department, reaffirmed the Government's commitment to investing in the mining sector, for the economic and social transformation of the country.

In this context, the minister announced that four other projects for the exploration of ferrous and non-ferrous metals will be implemented in 2025, namely Kassala Kitungo Cassinga, both made of iron, Niobonga (niobium and iron) and Bolongongo (manganese, iron and quartz).

On the other hand, he said that the Ministry of Mineral Resources, Oil and Gas foresees the retention, this year, of oil production in the country above 1,060,000 barrels/day (one million and sixty thousand barrels/day).

Although he considered a positive forecast, he warned of the possibility of unforeseen breakdowns and difficulties with the price.

During the meeting, issues inherent to the fulfillment of the National Development Plan (NDP) and the Plan were analyzed.

Sector Development (PDS) 2023-2027, with emphasis on investment in exploration, block bidding and productivity.

'Most of the fields are mature and solutions need to be found to meet the goals and objectives of the oil sector be reached', said the governor.

The Chairman of the Board of Directors of Sonangol, Sebastião Martins, said that the meeting served to make An analysis of what each entity linked to the sector has been doing to achieve the objectives set for the area.

His counterpart at Endiama, Ganga Júnior, said that due to the international situation there is a reduction in the purchase and diamond sales, noting that there are companies in the country that have not been able to sell their production since April.

He also stressed that there is a significant reduction in product prices of around 20 percent, from one year to the next, at least who advocated the creation of conditions to change the situation.

The Executive Director of the National Agency of Oil, Gas and Biofuels, Alcides Andrade, stressed that the objective of the sector is to maintain the current production and continue to look for solutions to increase it. CHALK/MAG/DOJ





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