South African technical know-how in great demand on the continent South Africa’s Department of Trade, Industry and Competition (dtic) is hosting a South African pavilion at the upcoming DRC Mining Week, taking place in Lubumbashi from 1–3 June. The delegation comprises 20 South African firms that specialise in the latest miningContinue Reading
The Kamoa copper mine in Democratic Republic of Congo (DRC) has achieved a new production record in its first quarter of 2022, recording production of 55,602 tonnes in the period. Canadian miner Ivanhoe mines revealed the report and said Kamoa Copper milled 1.08 million ore tonnes during the quarter, at an averageContinue Reading
It’s official, DRC Mining Week is back in Lubumbashi from 1–3 June, and to say that the industry is excited about its homecoming is an understatement. This long-running, award-winning and flagship expo and conference returns to the heart of the Copperbelt and the bustling mining hub of the DRC to celebrate theContinue 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
AJN Resources Inc. is set to acquire a number of exploration permits in the highly prospective Kilo Moto Gold Belt in North-East DRC, which hosts Barrick’s Kibali Gold Mine. This is after the firm entered into a memorandum of understanding (MoU) with the Democratic Republic of the Congo. The deal followsContinue 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
