Ver Angola

Raw Materials

Gold sector has already registered investments of over 60 million this year

Since the beginning of the year, the gold subsector has been in the spotlight due to investment, having already reached a total of 62.9 million dollars. This amount is divided between the 48.6 million invested in the exploration phase and 14.3 million in the prospecting phase.


These same investments were applied in 32 projects – 10 of which are in the exploration phase – spread across different provinces of the country.

According to a document made available by the National Agency for Mineral Resources (ANRM) and quoted by Angop, a total investment of 278.62 million is expected in exploration and 41.96 million in prospecting.

From 2019 to the present day, this subsector has generated more than 850 jobs, with projects in the provinces of Huíla and Cabinda standing out.

This year, more than two dozen requests for granting mining rights reached the Ministry of Mineral Resources, Oil and Gas, involving several provinces, such as Bengo, Cuanza Norte, Huambo, Huíla, Lunda Norte, Uíge and Zaire.

The projects that have already advanced from the exploration phase to the start of production are Chipindo (Huíla), Gandavira, Samboto (Huambo) and Buco-Zau (Cabinda).

Other projects ready to start production are Lombe Mining, Mongo Mongo, Lufo, Chiaca (Cabinda), Mpopo and Mapele (Huíla).

Also according to the ANRM, gold production has been increasing gradually year after year. Growth forecasts are positive, estimating the continuity of the various gold exploration and prospecting works, as well as requests for the granting of rights.


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