Ver Angola

Raw Materials

First stone laid for construction of the first gold refinery in the country

The laying of the first stone for the construction of the first gold refinery in Angola took place this Monday. The act, which was led by Diamantino Azevedo, Minister of Mineral Resources, Oil and Gas, and Ana Paula de Carvalho, governor of Luanda, took place at the Industrial Complex of Viana. Project will cost 4.8 million dollars.


A statement from the Ministry of Mineral Resources, Oil and Gas, to which VerAngola had access, reveals that in a welcome message, after highlighting that the works will take place "at the same time as the formation of human capital", the governor underlined that it fits in with the Government's commitment to "verticalization of the gold production chain in the country, with a view to diversifying the economy".

The holder of the Mineral Resources, Oil and Gas portfolio, stated that "one of the priority actions of the Program for the Development and Modernization of Geological-Mining Activities of the National Development Plan (PND) 2018-2022 is to proceed with the prospection and exploitation of precious metals, especially gold, silver, platinum and others, whose transformation, with a view to adding value, necessarily involves the use of refineries".

Cited in the statement, Diamantino Azevedo also mentioned that in 2019, the country entered the list of gold producing and exporting countries, and for this purpose the Chipingo project (Huíla) stands out, which recorded its first production and export of gold after independence.

In the country, according to the minister, five of the 12 gold projects that hold exploration titles have already started production and export. In addition, there are still another 40 projects with prospection titles.

The official also considered that the flow of production of this mineral underlies the installation of a "small to medium-sized" refinery.

Cited in the note, Diamantino Azevedo stressed that "the refined material can be used internally in various sectors of the economy, such as the area of ​​technology, jewelry, financial markets, among others" and also expressed the wish that refined gold in the country reaches the degree of purity permitted in the various stock exchanges, markets and financial institutions.

Data presented at the ceremony by those responsible for Geoangola and a representative of the construction company realize that the refinery will cover three segments: refining, laboratory and contrasting.

In addition, the project will be able to produce 25 kilos of gold per day, and the number could grow through more work shifts.

The note also notes that the future refinery – which is being promoted by Endiama and Geoangola – will architecturally form part of the Geoangola facilities, but "will be an autonomous unit with 30 workers".

The launch event was also attended by the Secretary of the President of the Republic for the Productive Sphere, Isaac dos Anjos, the Municipal Administrator of Viana, Manuel Pimentel, the National Director of Mineral Resources, André Buta Neto, the PCA's of Endiama and the National Agency of Mineral Resources, Ganga Júnior and Jacinto Rocha, respectively, and administrators of these organizations.


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