Dubai’s International Holding Company (IHC), the emirate’s reigning corporate titan, has set its sights on Zambia’s prized Lubambe Copper Mine, throwing a wrench into a deal already clinched by China’s JCHX Mining. Industry insiders are abuzz with talk of a potential bidding war, with Zambia caught in the middle ofContinue Reading
Ensuring that condition monitoring customers whose maintenance staff undergo ongoing technical skills training earn significant returns from their investment into the training courses, is a priority for condition monitoring specialist company, WearCheck. Maintenance crew members can choose from more than 15 courses that are conducted by WearCheck’s experts in variousContinue Reading
The government has encouraged Zambian citizens to actively participate in the ongoing reforms within the mining sector. Edward Shabani, Senior Planner for Mines and Minerals Development, stated that the government aims to implement several policy reforms in mining to boost copper production and ensure local benefits through increased local content.Continue Reading
The state miner of the Democratic Republic of Congo (DRC) is intensifying efforts to maximize returns from its copper and cobalt ventures. It aims to negotiate for increased ownership stakes across various ventures to enhance its influence over the management of major mines. Additionally, Gecamines plans to utilize its existingContinue Reading
The European Union (EU) foresees Rwanda emerging as a pivotal center for mineral resources, sparking a potential diplomatic rift with the Democratic Republic of Congo (DRC). This tension arose subsequent to a memorandum of understanding signed on February 21 between Brussels and Kigali, aiming to integrate sustainable value chains forContinue Reading
Buenassa, a company operating in the metal processing and trading sector, has announced the reception of a subsidy totaling US$3.5 million from the Democratic Republic of the Congo (DRC) Government through the Fonds de Promotion de l’Industrie (FPI). This grant serves as the initial installment for the funding of itsContinue Reading
In the heart of the Democratic Republic of Congo (DRC), Adore Ngaka faces a daily reminder of his losses as he gazes down the road from his home at the looming oil drills. The expansion of oil extraction near his village in western Congo has left a trail of devastation:Continue Reading
Paul Kabuswe, the Zambian Minister of Mines and Minerals, highlighted the challenges faced by Zambia despite its efforts to reform economic policies and attract investment in its mining sector. Speaking at the Investing in African Mining Indaba in Cape Town, he emphasized the significant gaps in geological surveys and otherContinue Reading
President Hakainde Hichilema has affirmed the government’s dedication to bolstering the nation’s power generation capacity to fulfill the rising demand from the mining and agriculture sectors. Highlighting Zambia’s existing power shortfall, Mr. Hichilema commends the ongoing efforts of stakeholders to invest in solar energy, viewing it as a positive trajectory.Continue Reading
By the end of 2025, Africa may witness the inauguration of its inaugural cobalt sulphate refinery, a significant development as it would be one of the rare facilities outside of China capable of producing this essential component for lithium-ion batteries. Recently, the Nigeria-based Africa Finance Corp. indicated its intent toContinue Reading
