The Anglo American group intends to invest in Angola’s mining sector and has submitted an application for concession of three areas to prospect for base metals, and a letter of intent was presented last week by the group’s director for Southern Africa, Andy Lloyd, to the Minister of Mineral Resources and Oil, Diamantino Azevedo.
Base metals are chemical elements capable of conducting electricity and heat and which have a characteristic brightness at room temperature, such as iron, zinc, copper, lead and tin, and are tough, ductile, malleable and have good mechanical strength.
Angolan state news agency Angop reported that these metals are scattered throughout the country, with the most important being found in Moxico, the copper band at Kwando Kubango, Cunene and Huíla and the copper strip in Uíge.
In February this year, on the fringes of Indaba Mining (a meeting held in Cape Town, South Africa), the Minister of Mineral Resources and Oil held a meeting with leaders of the Anglo American group, to whom he reported on the geological potential of Angola. (macauhub)