MMG approves Kinsevere expansion in DRC, new Chalcobamba pit in Peru gets green light
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...
Author : Oliver Masunda
Namibia schedules mining expo for end of month
The 2022 Mining Expo and Conference has been slated for end of this month. Namibian Chamber of Mines announced it will host its flagship mining expo from...
DRC central bank announces penalties for miners that fail to repatriate revenue
Democratic Republic of Congo’s central bank has announced stiff new financial penalties for companies that fail to repatriate at least 40 percent of their revenues...
China Molybdenum ordered to stop operating Tenke Fungurume in DRC
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...
DRC recovers mining and oil assets from Israeli investor
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....
IFC and EDM Partner to Increase Access to Renewable Energy in Mozambique
To increase access to renewable energy and expand power delivered to the grid in Mozambique, IFC and Electricidade de Moçambique, E.P. (EDM) signed today a collaboration agreement...
Zambia indebted to major mining companies to the tune of US $215m in tax refunds
Zambia owes major mining companies US $215m in tax refunds as at June 30, 2019. Zambia’s Finance Minister Bwalya Ng’andu made the announcement last week,...
US$240m deal for Manono lithium-tin project in DRC sealed
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...
Kipushi zinc mine in DRC set for commercial production
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...
SA’s mining future rests on exploration turnaround
The popular Junior Indaba, held in Johannesburg earlier this month, highlighted once again that South Africa is losing ground on the exploration and junior mining...