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Fri, 19 Feb 2016 07:35 - Updated Fri, 19 Feb 2016 07:35

Cabinda: National Geology Plan presented

Cabinda - The National Geology Plan "PLANAGEO" was presented on Thursday in the northern Cabinda province, in a ceremony presided over by the Secretary of State for Geology, Miguel Bondo Júnior, held in the provincial government palace.

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Miguel Júnior said that the PLANAGEO is a scientific research initiative of the government, approved in 2009 and it includes several subprogrammes for geological and mining actual knowledge of the country and the upgrading of the Geological Institute of Angola (IGEO).

This plan, he said, aims to increase the geological knowledge of the country, assessing the real mining potential of the country through the technique of using geophysical, geochemical and geological prospecting in the 18 provinces in the five-year period.

With a value of 405 million dollars, PLANAGEO at the country level was divided into three work areas, and the area 1 with 31, 676 km square, allocated to CITIC company, the area 2 with 470,271 km square, allocated to consumers consortium, and the area 3 with 470,271 km square allocated to the temporary union of companies and then subdivided into 22 survey blocks.

The Cabinda is integrated in the B-1 block of CITIC company.

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