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

EBRD and Latvia has signed an agreement on purchase of Parex banka’s shares

EBRD and Latvia has signed Share Purchase Agreements providing that following the increase of equity capital the EBRD will purchase 57,506,825 ordinary shares comprising 25% and 1 share of the Bank's equity capital. more »

Recession gives artist a break

This dreamy scene of money raining down on Wall Street amid a deep recession has given a street artist a big break. Peter Zonis now exhibits his works in the lobby of an office building in New York's midtown Manhattan. more »

Another Five Winners of the Danske Bankas Monthly Scholarship Award have been Announced

During the draw another five winners of the Danske Bankas monthly Scholarship award were announced. more »

During the first quarter of this year the turnover on the accounts of AB Bank SNORAS payment cards grew almost by one-fifth

Within January - March this year, the turnover on the accounts of AB Bank SNORAS payment cards increased by LTL 202 million or 18 per cent and on 31 March this year reached LTL 1.3 billion. more »

Fitch affirms high DnB NORD Bankas creditworthiness rating

Fitch Ratings affirmed AB DnB NORD Bankas short term borrowing rating F1, individual rating “C/D” and the support rating “1”. more »

DnB NORD Bankas revises deposit rates

Taking into account changes on international and domestic money markets AB DnB NORD Bankas has changed individual and corporate customers time deposit rates. more »

ACP-EU Assembly debate centres on food and financial crises and economic partnership agreements

The G-20's response to the world food and financial crisis, and efforts to make ACP-EU economic partnership agreements flexible enough to meet development needs, took centre stage at the 17th session of the ACP-EU Joint Parliamentary Assembly in Prague from 4 to 9 April. more »

Single European Sky: MEPs lead the way to shorter, safer and cheaper flights

European aviation will be governed by more efficient rules, leading to shorter flights, fewer delays and reduced fuel consumption, thanks to the adoption today by the European Parliament of the “Single European Sky II” legislation. more »

Settling accounts

Late payment for work performed, a perennial problem in Europe, is now hampering recovery from recession. more »

International Rating Agency Fitch Ratings has changed Bank SNORAS ratings

On 8th April 2009 International Rating Agency Fitch Ratings has changed Bank SNORAS Long-Term Issuer Default Rating to ‘B+'. more »