Huíla: Poland to Invest in Mining Industry

Published: 22 October 2004 y., Friday
The ambassador of Poland to Angola, Evegen Resevusk, said Monday in Lubango, southern Huila province, his country will invest soon in the local mining industry. Speaking after an audience granted to him by the provincial governor, Ramos da Cruz, the diplomat said the investments will focus mainly on the exploration of ornamental rocks and iron ore. He said the cooperation will benefit both countries as, he added, Poland is a country with a long tradition in mining industry activity. Evegen Resevusk who would not say how much his country will invest, stated that negotiations for prospecting will start this year. Huila province has a huge mining potential, mainly for the production of ornamental rocks. As to iron ore, the Kassinga mine, located in the district of Jamba, has been out of operation for the last 25 years. Ambassador Evegen Resevusk is closing today his 48-hour visit to Huila.
Šaltinis: Angola Press Agency (Luanda)
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Russia and Venezuela finish WTO talks

Russia and Venezuela have signed a protocol to confirm completion of bilateral talks on access to the markets of goods and services more »

Gov’t to Keep Maximum Income Tax Rate At 35%

The Azerbaijani government supports preserving the maximum income tax rate at 35%, said Deputy Finance Minister Azar Bayramov more »

Hungary's central bank defends pursuit of a strong currency

The president of Hungary's central bank, Zsigmond Jarai, is facing off pressure from the Socialist-Liberal government more »

The international conference

Energy Ministers of Caspian/Black Sea Region Discuss Cooperation with EU more »

Romania, Japan eye emissions trading deal

Japan is negotiating with Romania on facilitating emissions trading of greenhouse gases under the Kyoto Protocol, which enters into force in February, officials said Monday more »

More than $1bn to be invested in Moldova

An investment project totaling more than USD1.1bn will be implemented in Moldova more »

K&H Bank issues corporate credit card

K&H Bank Rt has started offering corporate credit cards with limits up to Ft 1 million more »

OTP makes binding bid for Nova Banka

OTP Bank Rt has made a binding bid for a 95.59% stake in Croatian bank Nova Banka more »

Kazakhstan Eyes BG Stake

Kazakhstan's oil minister said Friday that the Kazakh government wants to buy British Gas' entire stake in a project to develop a giant oil field in the Caspian Sea more »

Russia not seeking new World Bank loans - Kudrin

The Russian government is not now seeking any new loan money form the World Bank and is wrapping up existing projects, Finance Minister Alexei Kudrin said during the 2005 federal budget bill's third reading at the State Duma more »