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

Health threat of petrol vapour set to evaporate

When you fill up your car with petrol you often find that your hand will reek of petrol unless you have worn gloves. more »

Falling EU economy set to stabilise as measures take effect

The EU is going through its worst recession since WWII. Inflation has slowed, but employment and public finances are hard hit. The situation should stabilise in 2010. more »

ATM outsourcing helps struggling FIs cut costs

In the current economic environment, banks should carefully analyze the current and future total cost of ownership of their technology assets, and evaluate the outsourcing alternative. more »

Reining in risky investing

Commission proposes first EU law on hedge funds and issues guidelines on bank pay practices. more »

Ways Are Sought to Defend Lithuania’s Business Interests Better

On 30 April, Lithuania’s Minister of Foreign Affairs Vygaudas Ušackas took part in the round table discussion “The European Union’s External Trade Policy and Lithuania’s Positions: Threats and Possibilities for the Lithuanian Industry”. more »

As the number of e-banking users rapidly increases, Bank SNORAS improves this service

Since 28 April this year, the clients of AB Bank SNORAS will be able to process their financial matters in a clearer and more user-friendly environment of “Internet Bank+” system. more »

Paying for the grey

2009 ageing report: Europe tackling the challenge of an ageing population but the recession threatens a setback. more »

3rd Energy Package gets final approval from MEPs

More choice, investment and security of supply lie at the heart of the 3rd energy package. more »

Swine flu fears boost drug giants

Swine flu, a new strain of influenza, has so far left more than a hundred dead. But in one sector, the illness could have huge benefits. more »

Europe's cross-border deal hunters

Central European bargain hunters are crossing borders for the best buys. Slovakian shoppers in Hungary are making the most of their new eurozone membership. more »