Natural Resources

As the Angolan economy diversifies beyond oil and gas, Chella Mining Holdings has invested in the following mining projects:

•Buco-Zau gold mine, Cabinda province

•Lufo gold mine, Cabinda province

•Mungo diamond mine, Huambo province

The Buco-Zau and Lufo mining projects, both based in the northern province of Cabinda, were awarded two concessions to prospect and mine in the Mayombe Forest Transfrontier Protected Area which they now operate. To assure investors and stakeholders that all projects comply with environmental, social and ethical standards, both the Buco-Zau and Lufo mines were able to obtain licenses only after a thorough environmental review and commitments to reforestation, including the construction of a tree nursery of over 5,000 tree seedlings.

Natural Resources