Angola Has Already Invested 260 Million Dollars in The National Geology Plan - Ver Angola - Daily, The Best of Angola

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8/4/2021 Angola has already invested 260 million dollars in the national geology plan - Ver Angola - Daily,

er Angola - Daily, the best of Angola

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Angola has already invested 260


million dollars in the national
geology plan
The National Geology Plan (Planageo), which concluded the
geophysical aerial survey of the country's mineral and
geological potential, at an average height of 120 meters,
has already absorbed almost 260 million dollars.

LU S A / V E R A N G O L A
2 4 of Febr u a r y, 2 0 2 1

According to the chairman of the Board of


Directors of the Geological Institute of Angola
(Igeo), Canga Xiaquivuila, US $ 259.4 million has
already been invested in this project, which
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8/4/2021 Angola has already invested 260 million dollars in the national geology plan - Ver Angola - Daily, the best of Angola

corresponds to a financial execution of 64


percent, with a physical execution of 66 percent.
cent.

Planageo was launched in May 2014 with the


assumed objective of making a scientific survey
of the mineral and geological potential in order
to attract international investment to the sector.

The results achieved by Planageo, the physical


and financial execution of Igeo's infrastructures
in the light of the "structuring" project and the
laboratory infrastructures to support mining in
Angola were presented to the press this
Wednesday.

Canga Xiaquivuila said, at the opening of the


meeting that took place in Luanda, that
Planageo proposes to relaunch, boost and
increase the tax contribution of the mineral
resources sub-sector, as well as improving
knowledge of the geology and the potential of
the country's mineral resources.

The data resulting from a geophysical aerial


survey, at an average height of 120 meters and
with a spacing between lines of 1000 meters,
already concluded, led the authorities to divide
the territory into three work zones. The northern
region of Angola comprises zone 1, the east
region zone 2 the south region zone 3.

Igeo's technical consultant, Paulo Tanganga,


who carried out the technical presentation and
the results achieved by Planageo, said that the
land geophysical surveys in zone 3, which
aimed to "map the thickness of the sedimentary
cover of southern Angola", are also concluded.

In the northern and southern regions of Angola,


he explained, geological mapping at the scales
of 1: 250,000, 1: 100,000 and 1: 50,000 are
completed, regions where samples are being
collected for treatment and laboratory analysis
in mineralogy, petrography and geochronology.

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8/4/2021 Angola has already invested 260 million dollars in the national geology plan - Ver Angola - Daily, the best of Angola

Sampling is also underway in the southern


region of Angola to be subjected to treatment
and laboratory analysis for current sediments
and mining concentrate and the process of
mapping the potential of construction material
and for the manufacturing industry in the region,
he noted.

Paulo Tanganha also pointed out the


occurrence of miners in protected
environmental reserves, as in the Okavango
Basin, "with the potential for diamonds and
irons", when the Law on Conservation Areas is
being revised to accommodate the exploitation
of mineral resources in protected areas .

"All mining activity in the country is carried out


within the scope of the Mining Code, which is a
legal instrument and any attached mining
investment contract has an environmental
impact study attached," assured Paulo
Tanganha, when asked about the exploitation of
mining resources in protected areas.

In relation to the eastern region of Angola, the


chairman of the board of directors of Igeo,
Canga Xiaquivuila, said that the area has just
completed the aerial survey of geophysics,
lacking geological and geochemical surveys
and specific studies, "conditioned by financial
constraints".

In the east, he explained, "work is currently


halted due to financial constraints and as soon
as we resolve that part we will do the same
work that has already been completed in other
areas".

Among the results achieved, within the scope of


Planageo, the authorities say, Igeo, which has a
Data Processing Center, already has an aero-
geophysical map on a regional scale throughout
the national territory and with the definition of
domains geological.

The authorities point out the topographic maps


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8/4/2021 Angola has already invested 260 million dollars in the national geology plan - Ver Angola - Daily, the best of Angola

at scale 1: 1,000,000 with updates on the


development of public and private
infrastructures, geological maps of the entire
southern region of the country, with 44
cartographic sheets, geological maps with the
potential in ornamental rocks, construction
materials and industrial minerals as other
results achieved.

The Igeo headquarters building, opened by


President João Lourenço in June 2020, three
geoscience laboratories in Luanda, Lunda Sul
and Huíla, equipped and equipped with modern
technology and the Angolan Geoscience
Database are "results of Planageo".

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