Spearheaded by the UK's Pensana Rare Earths, the Longonjo neodymium-praseodymium project is starting to take shape, with production scheduled to begin in 2022. President João Lourenço has high hopes for this project, which he believes could become a flagship achievement of his mining reforms.
To help win a contract to assess opportunities in Angola's oil sector, the Scottish consultancy Belltree has turned to the well-connected businessman Bráulio de Brito, president of the UK-Angola Chamber of Commerce.
The centrepiece of Angola's mining reform, the new sector regulatory authority, will be lead by the former deputy director-general of South Africa's mines ministry, Jacinto Rocha. Joining Rocha are former Ferrangol executives and officials from other national regulators.
As it proceeds with a wide-ranging reform of the Angolan mining sector, in which diamonds are the main component, President João Lourenço's government is thought to be negotiating with precious stones expert Peter Meeus to get him to help it fine-tune its strategy.
President João Lourenço has revoked the mining permit for the Maua diamond site that had been run since 2013 by firms owned, according to the Luanda Leaks, by his predecessor's daughter, Isabel dos Santos. The decision comes amid a wave of changes to the mining industry driven by the head of state.