ANGOP - Angola Press News AgencyANGOP - Angola Press News Agency

Go to homepage
Luanda

Max:

Min:

Home » News » Economy

Mon, 09 Dec 2019 19:17 - Updated Mon, 09 Dec 2019 19:17

PLANAGEO confirms gold, diamond reserves in Cuima

Caála - A study carried out in the last three months under the National Geography Plan (PLANAGEO) confirmed the existence of reserves for gold and diamond exploration in the Cuima commune, Caála (Huambo) municipality, considered in colonial times as the iron zone, which served to foster the economic sector.

Send by email

To share this news by email, fill out the information below and click Send

Correct

To report errors in the texts of articles published, fill out the information below and click Send

Partial view of Cuima

Photo: Pedro Parente

The information was given to ANGOP Monday, by the administrator of Cuima commune, Henrique Silvério, noting that the results of recent studies indicate the possibility of exploring these two important ores (gold and diamond) for the national economy.

He stated that if the existence of these ores in the locality is definitively approved, with an estimated population of 76,031 inhabitants, mostly agribusiness, the rules of Angolan legislation should be established and applied, so that the exploitation will benefit local communities.

In another part of the statements, Henrique Silveiro stressed the need for the relaunch of iron exploration, to contribute to the economic and social development of the central plateau, by promoting the construction of infrastructures.

Read also
  • 14/11/2019 11:19:18

    Government launches coffee crops revitalization programme

    World - The minister of Agriculture and Forests, António Francisco de Assis, last Wednesday in the Municipality of Mungo, central Huambo Province, launched the Arabica coffee crop revitalization programme, in the ambit of family agriculture, aimed at contributing to the fight against poverty strategies and guarantee security and food quality.

  • 01/11/2019 19:39:46

    Banking sector gets AKz 141 billion to fund PRODESI

    Huambo - At least 141 billion kwanzas is the amount that commercial banks will make available to the Production Support, Export Diversification and Import Substitution Program (PRODESI), to finance national producers, with the aim of increasing indexes of productivity in the 2019/2020 agricultural season.

  • 29/10/2019 11:36:14

    Agrarian technicians learn new methods of soil conservation

    Huambo - Twenty technicians from the Agrarian Development Institute (IDA) and the agriculture department in the central Huambo Province are attending since last Monday a seminar on the new methods of soils conservation.