The positive climate for mined commodities – and battery minerals in particular – is giving the Democratic Republic of Congo (DRC) great opportunities to leverage its resource wealth. However, there are numerous burning issues that mining companies there are facing. These range from social and environmental impacts, mine closure, mineralContinue Reading
The Minerals Council South Africa, in collaboration with accounting firm PwC and the Mandela Mining Precinct, will soon release its new 2022/23 report on the state of digitalisation, the Fourth Industrial Revolution (4IR) and environmental, social and governance (ESG) in South African mining. “Digital transformation is an imperative for miningContinue Reading
Zambia’s Annual inflation for August 2022 decreased to 9.8% from 9.9% recorded in July 2022. This means that on average, prices of goods and services increased by 9.8% between August 2021 and August 2022. The slowdown in annual inflation was mainly attributed to price movements in food items. Annual Food andContinue Reading
Premium Nickel Resources Ltd. is pleased to announce the completion of its acquisition of the nickel, copper, cobalt, platinum-group elements (“Ni-Cu-Co-PGE”) Selkirk Mine in Botswana, together with associated infrastructure and four surrounding prospecting licences formerly operated by Tati Nickel Mining Company (“TNMC”). The acquisition was completed pursuant to the Company’s previously-announcedContinue Reading
MMG Ltd has announced progress with two major expansions at its mining operations. The firm has approved extending the life of its Kinsevere copper operation in the Democratic Republic of Congo (DRC) for at least 13 years; while in Peru, the Ministry of Energy and Mines has released the regulatory approvalContinue Reading
China Molybdenum, one of the largest copper and cobalt miners in the world has been ordered to stop controlling operations at Tenke Fungurume, where the Chinese control an 80% stake, while the DRC owns 20%. Commercial Court of Lubumbashi issued the suspension Lubumbashi in favour of the government and itsContinue Reading
The Democratic Republic of Congo has recovered the mining and oil assets worth about $2 billion that was being controlled by Israeli investor Dan Gertler. The recovery follows a commission that was set up for negotiations. Concluded terms of a memorandum of understanding (MoU) enabled the government to recover aContinue Reading
The US$240m deal for Manono lithium-tin project in Democratic Republic of Congo has been completed. The agreement between ASX-listed AVZ Minerals with Chinese operator Suzhou CATH Energy Technologies, provides certainty of funding to progress the venture, pending the award of a mining licence and collaboration development agreement with the local government. TheContinue Reading
DRC’s mining company Gecamines and Ivanhoe Mines IVN have inked a deal that will see Kipushi zinc mine in the Democratic Republic of Congo back to commercial production. The mine located in the province of Haut-Katanga and southeast of the company’s Kamoa discovery, is adjacent to the town of Kipushi and approximately 30 kilometresContinue Reading
AVZ Minerals is set to invest $17.9m in early works and exploration drilling at the Manono Project in the Democratic Republic of the Congo (DRC). AVZ managing director, Nigel Ferguson revealed the report and said a portion of a recent A$75m capital raising, the funds are expected to help the firmContinue Reading
