MNB 4.62% 6.2¢ minbos resources limited

Ann: Cabinda Phosphate Fertilizer Plant Enroute to Angola, page-104

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    I decided to search Angola news to make sure nothing negative going on there. I didn't find anything negative but found positive news.

    "Cape Town — Angola's minister of Mineral Resources, Oil and Gas Diamantino de Azevedo said Tuesday in Cape Town, South Africa, that the country is in the process of having a stronger mining industry, which could contribute to the diversification of the country's economy.
    The minister said so after addressing a topic on "Critical Minerals for Energy Transition", a lecture addressed to several players in the mining market at the International Conference on Mining in Africa, whose the 7th day is dedicated to Angola.
    He said this is an important factor for the country to have a more powerful mining industry in the future, capable of contributing to the diversification of the economy.
    He said this is an important factor for the country to have a more powerful mining industry in the future, capable of contributing to the diversification of the economy.
    He also highlighted a company that is planning to exploit copper and phosphates in Cabinda." (referring to MNB but a bit mixed up with the copper?)

    https://allafrica.com/stories/202302080096.html

    Cape Town — Angola's minister of Mineral Resources, Oil and Gas Diamantino de Azevedo announced Wednesday in Cape Town that Angola has managed to attract three new major global companies that will invest in the country's mining sector .

    The minister announced this after meeting with new businessmen at the "International Conference on Mining in Africa Mining Indaba", underway from February 6th to 9th, in Cape Town, South Africa.

    "I am absolutely certain that the aforementioned companies, whose names I will not reveal yet, will invest in Angola", underlined the minister.

    At this Wednesday's meeting with potential investors, Diamantino Azevedo reiterated information about the legislative organisation of the mining sector in the country, the improvement of the business environment, governance model, increase in geological knowledge, increase of technical facilities of laboratories and technical schools professionals.The minister held a similar meeting on Tuesday, on the day dedicated to Angola, with various businessmen, investors, specialists and other players in the mining market.At the event, Angola set up two stands at the Cape Town International Conference Centre, which hosts the 30th edition of "Mining Indaba". The forum brings together several "players" linked to mining around the world every year.The International Conference on Mining in Africa, known as Mining Indaba, which is now in its 30th edition, is the largest African investment event in the mining sector.This year, the event is taking place under the motto "Unlocking the future of Mining in Africa" and ends this Thursday (09).

    https://allafrica.com/stories/202302090067.html


 
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