Penansa makes headway on Longonjo financing

In this podcast, we interview Tim George, the CEO of Pensana who are heading towards being a significant supplier of raw materials to the magnet metal market, and who are currently developing a mine in Angola. 

Angola, the seventh-largest country in Africa, is most well-known for being one of the region’s biggest oil exporters. The commodity provides around half of the country’s fiscal revenues, yet it is not oil that is piquing renewed

Further to the Angolan Sovereign Wealth Fund advancing a $15-million loan facility to London-listed Pensana in August 2023, Pensana reports that discussions have been held regarding the extension of the loan facility to coincide with the

London-listed rare earths miner Pensana has appointed Benedito Dumbo site manager of the Longonjo rare earths mine, in Angola, ahead of the project’s main construction phase. He has been a mining engineer engaged in the development

Pensana’s Sulima West laterite is located 75 km north of the Longonjo Rare Earths Project and test work programmes are designed to test for the amenability of this mineralisation to be processed at Longonjo. Highlights Pensana

Country manager for London-listed Pensana’s Angola-based Longonjo rare earths project Geraldine Tchimbali has been nominated for the 100 Global Inspirational Women in Mining (WIM100) – a biennial publication released by industry organisation Women in Mining UK,

UK-based rare earths developer Pensana has reported trench and pit sampling results that confirm a 6 ha, enriched laterite at Sulima West, in Angola, grading at 2% to 3% total rare earth oxides (TREO). These analytical

In preparation for building one of the world’s largest and highest-grade magnet metal rare earth mines later this year, London-listed Pensana has hosted key stakeholders on site at its Longonjo project, in Angola. CEO Tim George

Rare earths are a group of 15 elements in the periodic table known as the Lanthanide series. Rare earths are categorised into Light Rare Earths (lanthanum to samarium) and Heavy Rare Earths (europium to lutetium). They

Pensana, the rare metals exploration company focused on its magnet metals projects in Angola has said that geophysical surveys conducted at its Coola and Sulima West exploration programmes in Angola in late 2023 revealed promising anomalies.

British battery metal refiners and electric car gigafactories are being handed cheap power deals by the Government as part of a battle to cut the West’s dependence on China. Companies will get the energy relief from

Preparatory works are forging ahead smoothly at rare earths mining company Pensana’s Longonjo project in Angola, with main construction expected to start in May and cold commissioning to follow in August 2025. Longonjo is one of the world’s largest undeveloped rare earth

Pensana’s Longonjo project marks significant progress with key orders and site preparations advancing under the guidance of Project Manager Kevin Botha. The project, heading towards a major construction phase in May 2024, aims for cold commissioning