First Angola Mining Conference Starts November 20

Mining and Exploration
14/10/2019 13:25

The first ever Angola Mining Conference & Exhibition will take place from 20 - 21 November 2019 in Luanda, Republic of Angola. The theme of the conference is “Unlocking the potential of the national mining sector through investment and diversification” and it is being organized by the Ministry of Mineral Resources and Petroleum (MMRP) in association with AME Trade Ltd, United Kingdom. The conference comes at an opportune moment as the MMRP last week started an international tender for the acquisition of rights to prospect and explore diamonds, iron and phosphate in five regions of the country. Entries can be introduced until 18 November 2019 by eligible Angolan and foreign firms or joint ventures.

The MMRP communicated that in the case of the diamond mining concessions, the aim is to increase the output of Camafuca-Camazambo (1,389 square kilometres) and Tchitengo (1,022 square kilometres) mines, which are located in eastern Angola. In less than four years, Angola’s diamond production is estimated to generate more than 14 million carats and is expected to maintain its position as the world’s fifth largest diamond producer.

By attending AMC 2019 from 20 to 21 November, all concerned will be able to find out how to invest in the Angolan mining sector and hear about the new diamond trading policy which was recently put in place, enabling diamond producers to choose their own buyers with the goal of achieveing prices comparable to international benchmarks, thereby gaining a better return on their mineral production and investments. This should have the knock-on effect creating new projects in the region and increasing Angola’s diamond exports. Endiama announced that it has made several kimberlite and alluvial projects available for investors.

Case studies of existing projects will also be discussed: for example, in 2009, Angola conducted a large-scale mapping project, called the National Plan of Geology (Planageo), to increase knowledge about the country's rich potential in terms of minerals. An aerial geophysical survey covered the entire country and led to a regional geological mapping at a scale of 1:250,000. This conference should be of significant interest to stakeholders, government officials and mining industry professionals with interest in Angola, as they will want to tune in to in-depth debates around shared infrastructures to unlock mining investments, technological innovation in mineral treatment centres and financing modalities in the mining industry. Highlighting the opportunities in Angola, recent news sources such as the “Investment risks in Africa 2019” report (Exx Africa Insight) listed Angola as among the top five best investment destinations in Africa, ranking second after Ethiopia.

The list of speakers at the AMC includes some leading industry voices, such as:

● H.E  Diamantino Pedro Azevedo, Minister, Ministry of Mineral Resources and Petroleum
● Mr Lindsay Reed, Chief Executive Officer, Minbos Resources
● Mr Stephen Wetherall, Chief Executive Officer, Lucapa Diamond Company
● Dr Paul Jourdan, Independent Mineral Policy, Analyst
● Dr Alkhaly Yamoussa Bangoura, Senior Advisor – Mining Affairs, Government of Guinea
● Mr Ahmed Abdel-Hakam, Senior Associate, Eversheds Sutherland
● Mr Lars Roesler, Managing Director, Bauer Technologies, South Africa 
● Professora Teresa Ponce de Leao, Chairman of the board, Laboratorio Nacional de Energia e Geologia and many more.

AMC 2019 is sponsored by Lucapa Diamond Company, Aggreko, Standard Bank, Minbos Resources Limited and Pensana Metals. AMC 2019 exhibitors will include Centrocar Angola, Movicortes Angola, LVSA Group ltd, FAST and finally Flo-Tek. For more information about registering for this inaugural and important mining event in Luanda, Angola, contact: AMC@ametrade.org