19 February 2013

Angola and Namibia Strengthen Relations in Mining Field

Luanda — The Ministry of Geology and Mining might start in April this year an airborne geophysics survey to fully learn of the potential in mineral resources existing in the country.

This was said Tuesday in Luanda by the minister of Geology and Mining, Francisco Queiróz, during a meeting with the Namibian minister of Mining and Energy, Isak Katali.

Francisco Queiroz said that the survey will be followed by a private investment attraction campaign.

"We estimate that within three to four years we will be in a position to start this campaign," said the official.

The minister on the occasion admitted the importance of Angola to know from the older experience of other countries, mentioning the case of Namibia that he said is experienced in diamond polishing and exploration of uranium, including on the offshore.

The minister also spoke of the need for a mechanism that brings the two countries closer in the mining domain, training and exchange of experience, including investments.

According to the official, Angola has powerful companies that are in a position to internationalise its activities and Namibia is near Angola.

In his turn, the Namibian minister expressed interest in working on a memorandum of understanding that reflects all ideas the two parties have, seeking to make cooperation to become a reality.

He said Namibia is rich in mining resources, but is still to establish the resources it possesses.

He spoke of the need for a hard work to locate existing resources, mentioning the interest to work in diamond polishing and establishment of joint ventures.

Isak katali also expressed the wish to see Angola join the group of countries like Malawi, South Africa and Namibia, that work on exploration of uranium.

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