Gold mine in Huila, Angola to begin in 2018

23 June 2016

The Limpopo gold mine, in the Angolan province of Huila, is expected to launch industrial production by 2018, said the director of mining company Empresa Nacional de Ferro de Angola (Ferrangol).

Director João Diniz told Angolan national radio that the mine covers a concession area of 1,930 square kilometres and that it is expected to process around 780,000 tons of rock per year.

“After the rock is processes – collected, ground and subjected to cyanide treatment – production is obtained, which in the case of this mine may total 22,218 ounces per year (around 690.9 kilogrammes), said the Ferrangol director.

Diniz also told Angolan public radio that the concession area was small and “may later be extended.”

Gold is already mined in Cabinda province, albeit in an artisanal and sometimes illegal way. This led the Ministry for Geology and Mining to open some stores to “gather” that gold.

The focus on this mining sub-sector led, in May 2014, to the creation of the Angolan Gold Market Regulation Agency. (macauhub/AO)