Archive

  • Alrosa Stake Catoca (Angola) For Sale

    05/05/2024 21:15

    According to Interfax, quoting Russia's Ministry of Finance Moiseyev, Alrosa will have to sell its stake in Angola's Catoca operation, as pressure from the West on the Angolans mounts to cut ties with Russian, sanctioned entities. According to Moiseyev negotiations to take over Alrosa's share, which originally stood at 41% of the mining operation, are ongoing with "friendly investors".

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    Mining and Exploration

  • NAMDIA Establishes Formal Relations with Angolan State-Owned Companies ENDIAMA and SODIAM

    11/04/2023 13:24

    The CEO of Namibia Desert Diamonds (NAMDIA) expressed interest to work with the Angolan diamond companies after a recent visit from the Angolan Minister of Mineral Resources, Petroleum and Gas, Dr Diamantino Pedro Azevedo, at the NAMDIA Headquarters. Their talks highlighted the potential Namibia and Angola has in promoting the region’s diamonds to generate even greater value for Namibia and Angola, both of which are alluvial-producing countries.

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    World News