Zambia agreed a memorandum of understanding to restructure its loans with official creditors, co-led by China and France, finalizing a $6.3 billion deal reached almost four months ago. The long-awaited accord, which the International Monetary Fund announced prematurely on Oct. 12, paves the way for the disbursement of another portionContinue Reading
Democratic Republic of Congo President Felix Tshisekedi will visit China next week as the two nations look to conclude the re-negotiation of a $6.2 billion mineral-for-infrastructure deal, people with direct knowledge of the trip said. It’s the president’s first visit to the country, Congo’s biggest trading partner. The two nationsContinue Reading
Zambia has been a major mining country for nearly a century, and mining continues to be the backbone of its economy. This article highlights recent trends and expected reforms in the country’s mining sector. Throughout, these changes emphasize the need to develop comprehensive and responsive mineral resource regulations and policiesContinue Reading
Gratomic Inc. (“Gratomic”, “GRAT”, or the “Company”) (TSXV:GRAT)(OTCQX:CBULF)(FSE:CB82) is pleased to announce the appointment of Mr. Hermanus (Manie) Silver as Mine Manager at its 100% owned Aukam graphite mine and processing plant located 200 km east of the port of Lüderitz in Namibia. During his 42 years of open-pit and open-cast miningContinue Reading
GoviEx Uranium Inc. (TSXV: GXU) (OTCQX: GVXXF) (‘GoviEx’ or the ‘Company’) is pleased to announce that, following a successful drilling program in 2022 on its Muntanga uranium project in Zambia (‘Muntanga Project’), it will expand the scope of the Feasibility Study for the Muntanga Project to include detailed engineering and design. The Company will alsoContinue Reading
Kansanshi Mining, a First Quantum-owned company located in Zambia, is leveraging Accelovant’s fibre-optic sensors to solve its arcing and electronics failure and signaling issues at the major copper mine. Kansanshi operates one of the world’s largest and most productive copper mining and smelting sites. The smelting operations use wet electrostaticContinue Reading
President Hakainde Hichilema has announced the country’s intentions to build a pipeline to transport oil products from the port of Beira, Mozambique. Supporting the vision, Mozambican transport minister Mateus Magala said a boom in mineral resources in Zambia means that Mozambique should plan to increase the volume of cargo thatContinue Reading
The DRC Mining Week in Lubumbashi has attracted the South Africa’s Department of Trade, Industry and Competition (DTIC) to host a South African pavilion at the event. Participation at the event scheduled for the 14th to 16th June, of the South African delegation will comprise companies providing the latest mining technologies, engineering,Continue Reading
The evaluation of static and cyclic liquefaction of mine tailings and soils is a key focus for tailings dam engineers, in response to the Global Industry Standard on Tailings Management (GISTM). The pressure on International Council on Mining and Metals (ICMM) member mining companies to comply with the GISTM isContinue Reading
Is it likely that more major copper deposits will be found in the Domes region of north-west Zambia? The answer is a resounding ‘yes’ if one speaks to NICK VON SCHIRNDING, Executive Chairman of junior explorer Arc Minerals. As he explains to contributing editor ARTHUR TASSELL, the area is currently oneContinue Reading
