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Angola – A Mining Destination For The Future?

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In this podcast, we interview Tim George, the CEO Pensana Metals Ltd who are heading towards being a significant supplier of raw materials to the magnet metal market, and who are currently developing a mine in Angola. 

Tim is here to discuss the opportunities of mining in Angola and the infrastructure that is currently present in the country. We also talk about Pensana Metal’s Longonjo project who will be a significant supplier of raw materials to the expanding magnet metal market - a market driven by the electrification of transport and the drive to green energy generation.

KEY TAKEAWAYS

  • Angola has always been focussed on oil in terms of major revenue streams. International concerns have been mining the area for decades. The government is doing its best to turn the economy away from oil and gas now, and is actively promoting mining, tourism and agriculture.
  • The Chinese have put a lot of money into rebuilding the Angolan transport infrastructure, including an essential railway system which has meant a huge access vein has been opened in the country.
  • Developing and maintaining a healthy relationship with the Angolan government has been of huge benefit. But it’s important to have this relationship right the way down through the chain, including with local governments and councils.
  • Access has been a problem in the past, but with the investment in turning the country into an investment opportunity, including clearing land mines, Angola has become a viable target for many international companies.
  • Tim believes that the key to an development going forward is to get out there and integrate as much as possible with the country, not only to decide if the project is right for your company, but also to see if the project is a fit for the environment and its inhabitants. 
  • The impact of any mining operation will be significant, environmentally and economically. We must always make sure that these effects are positive.

BEST MOMENTS

’For the first time in 35 years you have cheap hydro-electric power available to that region’

’Now effectively Angola has an over-supply of power’

‘It’s a project that’s designed to make use of the existing infrastructure’

’These windows of opportunity don’t come along very often’

‘You really need to get your boots on the ground'

 

VALUABLE RESOURCES

 

Dig Deep – The Mining Podcast on iTunes

https://www.pensanametals.com

Tim George - Bloomberg Profile - https://www.bloomberg.com/profile/person/21037248

tim.george@pensanametals.com

ABOUT THE HOST

Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight to peoples experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.

 

Rob is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first world to third world countries from Africa, Europe, Middle East, Asia and Australia. We source, headhunt and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients organisation in any mining discipline or level. Mining International provides a transparent, informative and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace.

 

CONTACT METHOD

rob@mining-international.org

https://www.linkedin.com/in/rob-tyson-3a26a68/

www.mining-international.org

https://twitter.com/MiningConsult

https://www.facebook.com/MiningInternational.org

https://www.youtube.com/channel/UC69dGPS29lmakv-D7LWJg_Q?guided_help_flow=3

 

 

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