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Minister wants macro geological information to encourages investors

     Economy              
  • Luanda • Wednesday, 02 August de 2023 | 14h11
Minister of Mineral Resources, Oil and Gas Diamantino Azevedo
Minister of Mineral Resources, Oil and Gas Diamantino Azevedo
Daniel Jamba/ANGOP

Talatona – Angola’s minister of Mineral Resources, Oil and Gas Diamantino Azevedo Wednesday mentioned the macro geological information as one of the encouraging tools for investors, in view of its role to reduce time and costs.

Diamantino Azevedo made the recommendation when speaking to the press on the sidelines of the presentation of the National Geology Plan (PLANAGEO) results in Luanda.

He said geological information, which consists of geological knowledge, in the form of a geological and geophysical anomaly map of occurrences, are the investors' work tools.

This geological knowledge, he said, serves not only the mining sector but also for all national planning, agriculture, infrastructure construction and for the analysis of surface and underground water.

The presentation ceremony of the results, according to the official, was also used to present the results of the creation of geological infrastructure that are already finished, such as the headquarters of the Geological Institute of Angola and its laboratories in Luanda, Saurimo (Lunda Sul) and Lubango (Huila).

PLANAGEO has come to respond to the major challenges inherent in the sustainable development of Angola and was initiated in 2013.

It develops the geological infrastructure of the country, obtaining quality and credible geological information, necessary for the knowledge and evaluation of the real mining potential of the national territory and conducive to establishing the State's reserves in terms of mineral resources at the forefront.

PLANAGEO's work consists of carrying out aerogeophysical surveys, cartography, geological and geochemical mapping and updating and drawing up geological maps at various scales.

PLANAGEO is also tasked with drawing up maps of metallic minerals, minerals for civil construction, geomedicine and geology applied to engineering (geotechnics). KAM/MAG/NIC





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