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BT Industrial, a pioneering science and engineering company specialising in the design and manufacturing of HDPE pipes and water treatment plants, is vocal about the pivotal role of robust water infrastructure in Africa’s development. Kgomotso Lekola, Founder and Group MD of BT Industrial, emphasises the pressing need for substantial investmentsContinue Reading
Opening ceremony also attended by DRC First Lady, Prime Minister and other national and provincial dignitaries The Kamoa Centre of Excellence is an education facility to produce the future leaders of the DRC mining industry Inaugural class of Congolese students enrolled in September Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) ExecutiveContinue Reading
Africa’s Copperbelt, spanning Zambia and the Democratic Republic of Congo, is no stranger to the world of mineral extraction. This region alone generated an impressive 73% of the global cobalt supply in 2022, as reported by the Cobalt Institute. This intense mining activity, driven in part by the increasing demandContinue Reading
Building on the proven success of Komatsu trucks at Barrick’s Lumwana copper mining operation in Zambia, Nevada Gold Mines (NGM) signed a multi-year agreement with Komatsu to deliver 62 Komatsu 930E-5 haul trucks between 2023 and 2025. NGM is the single largest gold-producing complex in the world, formed as aContinue Reading
The Zambian government expressed concerns on Wednesday over the increased pollution levels in the country’s central Copperbelt Province caused by firms involved in mining and other related activities. Minister of Green Economy and Environment Collins Nzovu has led a delegation of officials to conduct inspections to determine if these firmsContinue Reading
It is disturbing that rampant illegal mining in the country has continued unabated despite several interventions by law enforcement agencies. One may wonder if this illegality is thriving because some people genuinely lack alternative income-generating opportunities or it is just an organised crime spearheaded by some illegal mining syndicates. ManyContinue Reading
The Zambian government is expected to make a final decision on the sale of Mopani Copper Mines this month, securing a new investor for the assets it bought from Glencore (GLEN.L) in 2021, a source with knowledge of the matter told Reuters. Zambia’s Mines Minister Paul Kabuswe had initially said a newContinue Reading
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
