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Angola
28 September 2020
Angola Invests Further USD 8.6 million in Rare Earth Mine
The Angolan Sovereign Wealth Fund (FSDEA) will invest a further USD 8.6 million in the Longonjo Rare Earth mine, according to mining company Pensana, which partners in the project with China Great Wall Industry Corporation (CGWIC).
04 September 2020
Angolan Oil Platform Operated by BP and Sinopec Reaches Production Landmark
Floating Oil Platform (FPSO) "Grande Plutónio", operated in the Angolan offshore by BP in partnership with Sinopec, has reached a landmark production level of 600 million barrels of oil.
26 August 2020
Angolan Oil Production Heading Bellow 1 million barrels in 4-5 Years – Government
The Angolan Oil & Gas agency (ANPG) forecasts Angolan oil production in blocks currently under production will contract continuously in the next decade, and drop bellow 1 million barrels per day in 4 to 5 years.
27 July 2020
Pensana in Talks With Banks to Add Funding to Angola Rare Earths Project
Pensana Rare Earths is in early stage talks with lenders including Barclays, South Africa’s Rand Merchant Bank (RMB) and funds including Fidelity to secure more funding for its Angola project, its chairman said.
20 July 2020
China Great Wall Industry Corporation Enters Angola Rare Earths Project
Mining company Pensana has entered into an agreement with China Great Wall Industry Corporation (CGWIC) for the financing, engineering, procurement and construction works for the Longonjo project in Angola.
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