Angola is the 7th largest country in Africa and has a wealth of natural mineral resources – it is the third largest producer of diamonds on the African continent. There is massive potential for expansion and growth in the country’s mining sector, which means there is potential for mining companies wanting to enter the Angolan mining industry, and for potential mining investors. Angola is considered a country that offers the potential for high returns, but at a massive risk for investors.

In fact, the Angolan government actively encourages foreign investment, seeking to attract mining companies to Angola, and aiming to increase the contribution of mining to the GDP, while tackling unemployment. There are currently 20 mining projects in Angola owned by 19 companies. Some of these are mining companies with mining operations, and others are investors that are interested in specific mining projects. Many of these are international mining companies. So, if you’re looking to target mining projects in Angola, or negotiate deals with the mining companies in the region, a subscription to African Mining IQ (AMIQ) puts you ahead of your competitors. The government agency that controls investment into Angola is called ANIP – Angola National Agency for Private Investment.

Minerals to mine

While diamonds are the primary mineral mined (16 of the current 20 mining projects), the four other projects currently underway are iron ore, copper and phosphate minerals.

However, Angola is also rich in other mineral resources: manganese, copper, gold, granite, marble, uranium, quartz, lead, zinc, wolfram, tin, fluorite, sulphur, feldspar, kaolin, mica, asphalt, gypsum, and talc. The government hopes to resume mining in the southwest for crystalline quartz and ornamental marble, as it has been estimated that 5 000 m³ of marble could be extracted annually for a period of 20 years. It is interesting to note that diamonds are responsible for more than 98% of the Angolan government’s earnings.

AMIQ grants subscribers’ access to Angola’s, and Africa’s, largest mining database. It contains all required information needed for subscribers to contact key personnel in mining companies in Angola, as well as project engineers, suppliers and other pertinent members. Contact us today for subscription plans and pricing.

Companies involved in Angolan mining

In Q2 2018 there were 19 mining companies in Angola listed on AMIQ as mine owners and/or investors. In alphabetical order, they are:

Up-to-date mining intelligence on these companies, their projects and key contact details are available to local and global investors, engineers and suppliers who subscribe to Mining IQ.

Top 4 capital value mines and their owners

The 4 highest capital value projects in Angola are owned by 7 mining companies with the Angolan government having investor ownership in one of them. The 7 companies are: Angola Exploration Mining Resources, FERRANGOL, Petril Phosphates, Minbos Resources, ITM Mining, Lumanhe, ENDIAMA and Axactor.

• Mine owner: Angola Exploration Mining Resources and FERRANGOL
  Project: Cassinga (AKA Kassinga) Iron Ore Project
  Capital Value: R9.5 billion
  Mineral: Iron Ore
  Phase: Feasibility
  Status: On hold

• Mine owner: Petril Phosphates and Minbos Resources
  Project: Cacata Project
  Capital Value: R2.3 billion
  Mineral: Phosphate
  Phase: Feasibility
  Status: Ongoing

• Mine owner: ITM Mining; Lumanhe (investor) and ENDIAMA (investor)
  Project: Cuango Mine
  Capital Value: R716.5 million
  Mineral: Diamonds
  Phase: Operational
  Status: Operational

• Mine owner: Axactor and the Government Of Angola (investor)
  Project: Cassanguidi Diamond Mine
  Capital Value: R201 million
  Mineral: Diamond
  Phase: Dormant
  Status: Licence relinquished

Access the most extensive list of mines from mining companies in Angola and Africa

Projects IQ has over 1 900 projects listed on its database of mining companies across Angola and the rest of Africa. To find those pertinent to your interests has been simplified by AMIQ. Click on the

Institutions governing mining companies in Angola

Mining companies interested in setting up shop or investing in Angola will need to deal with the Ministry of Mineral Resources and Petroleum:

The Ministry of Mineral Resources and Petroleum is responsible for creating, conducting, executing and controlling the country’s policy relating to the safe and sustainable development of its natural resources. This includes all aspects of the exploration, development and production of minerals, crude oil and gas, refining, petrochemicals, storage, distribution and marketing of mineral and petroleum products, as well as the production and commercialisation of biofuels, with due regard to the protection of the environment.

The Ministry is also responsible for the promotion, follow-up and orientation of geological and mining activities, as well as for the preparation of the processes related to the licensing and georeferenced registration of exploration and exploitation of mineral resources in Angola.

AMIQ can help you grow your business

• Key contact details of mine owners, project engineers and contracting agents for every project listed – over 600 mine owners listed!
• Capital value estimates that are updated daily
• Detailed project updates that follow the progression of your mine, or any other mining project listed, from grassroots right through to operational

Tracking and reporting on mining projects in Angola is part of the mining intelligence service available to subscribers.

With Africa Mining IQ, those interested in mining companies in Angola have a tangible resource which allows them to keep up-to-date with all projects.

• Africa Mining IQ is the ONLY online data provider to supply you with key contact details
• Access accurate data that will help you to grow your business within the Angolan mining industry
• Real-time mining intelligence with advanced reporting, graphs and statistics
• Select and track relevant companies / projects / mines in Angola
• Gain unlimited access to regularly updated and verified information
• Receive email notifications of newly added or recently updated projects
• Add notes and comments to various projects

Discover why the world’s leading mining houses subscribe and list their African mining projects on our database. Contact us today for subscription plans and pricing.

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