<a href="https://emea01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fblinks.bloomberg.com%2Fnews%2Fstories%2FQZ7XYMDWLU6Q&amp;data=04%7C01%7C%7C73dd1ac3df80471407b508d97692b9a6%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C637671194813292120%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&amp;sdata=%2FieXVIp4uJ%2F2G4L3rhEfn2zwl8MvFTxlltnl3sXg0bk%3D&amp;reserved=0">Brazilian Investor to Mine Gold After ‘Very Viable’ Angola Tests</a>Bloomberg By Candido Mendes Sept. 10, 2021Valdomiro Minoru Dondo, a Brazilian-Angolan national, plans to invest as much as $500 million to help jump-start gold-mining in northern Angola, three years after the government started issuing new licenses to explore for the precious metal.Dondo, who moved to Angola 35 years ago from Brazil, said gold samples collected from 800 holes had proved to be “very viable” and is now looking to buy the appropriate technology to extract the gold from two mines in Angola’s northernmost province of Cabinda.“The first step was to prove that there’s gold and that it exists,” Dondo said in an interview in Luanda on Tuesday.Angola is mostly known for its oil and diamond exports, but the southern African nation is also rich in other mineral resources such as gold and copper. President Joao Lourenco has been trying to diversify the economy of Africa’s second-biggest oil producer in a bid to revive an economy that has been in recession for the past five years.Significant quantities of gold have been found in Angola after the government in 2018 approved new gold mining concessions, Jornal de Angola reported on March 20, citing the Minister of Mineral Resources, Petroleum and Gas.&nbsp;Dondo has other investments in Angola including in the oil and diamond sectors, real estate, health-care and urban transportation. He also holds minority stakes in Angolan lenders Banco de Investimento Rural and Banco Comercial do Huambo.Anti-corruption website Maka Angola reported last year that Dondo’s businesses in Angola had benefited from his close ties with government officials from the previous administration. Dondo has denied these allegations, adding that he hasn’t been accused of any wrongdoing in Angola.&nbsp;

Brazilian Investor to Mine Gold After ‘Very Viable’ Angola Tests

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Huambo entra no mapa da exploração industrial de diamantes em Angola

Pangea Risk - Clarification Note – Valdomiro Minoru Dondo

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Brazilian Investor to Mine Gold After ‘Very Viable’ Angola Tests

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Biggest Mines in Angola by Production

Huambo entra no mapa da exploração industrial de diamantes em Angola

Pangea Risk - Clarification Note – Valdomiro Minoru Dondo