Mining group Anglo American is due to start its activities in Angola this year, under the agreements signed with the Ministry of Mineral Resources and Oil in 2019, announced on Tuesday in Cape Town, South Africa, the group’s chief executive, Mark Cutifani.
The group signed five mining investment contracts with the ministry in November 2019, in Luanda, three of which for the province of Cunene, for base metals (copper, cobalt and nickel) and two in Moxico (copper, cobalt and silver).
A statement from the Office of Institutional and Press Communication of the Ministry of Mineral Resources and Oil released in Luanda said that the mining group expects to start prospecting work before the end of 2020, according to Cutifani who, on the sidelines of this year’s edition of the Indaba Mining conference, gave the Angolan minister assurances of this.
The statement added that the prospecting work still depends on the signing of a set of agreements between the mining group and the Government of Angola. (macauhub)