Miners Safely Rescued Following Zambia’s Nationwide Power Outage Miners trapped underground at two copper mines in Zambia were successfully rescued after a nationwide power outage disrupted operations, the Ministry of Energy reported on Monday. The blackout, which occurred on Sunday, was caused by a “power system disturbance,” according to stateContinue Reading
Successful Delivery of Cold Box Unit to Kansanshi Mine in Solwezi The Cold Box Unit has been successfully delivered to Kansanshi Mine in Solwezi, marking the completion of a challenging logistical operation that began on October 29, 2024, at the Katima Mulilo Border in Zambia’s Western Province. The journey spannedContinue Reading
Zambia and DRC Sign Milestone Agreement to Boost Trade and Infrastructure Zambia and the Democratic Republic of Congo (DRC) have sealed an agreement to construct a 145-kilometer road linking Kolwezi in the DRC to Lumwana in Zambia, through the Kambimba-Sakabinda border. This transformative project, finalized in Kolwezi, Lualaba Province, aimsContinue Reading
The Government of the Democratic Republic of Congo (DRC) raised $65.57 million through a local Treasury Bond auction held on November 19, 2024, as announced by Minister of Finance, Doudou Fwamba. The auction, which attracted six bidders, including banks and credit companies, saw a coverage rate of 65.57%, falling shortContinue Reading
Barrick Gold: Strengthening Growth with Strategic Investments and Tier-One Assets Barrick Gold Corporation (NYSE: GOLD) (TSX: ABX) continues to solidify its position as an industry leader through its Tier One-focused asset portfolio and value-driven strategy. By fostering productive partnerships with host countries and investing in sustainable growth, the company isContinue Reading
Addressing Zambia’s Energy Crisis: Powering Growth with Reliable Solutions Zambia’s ongoing energy crisis poses a major challenge to its economy, disrupting productivity in key sectors such as manufacturing, mining, agriculture, and commercial enterprises. Frequent power outages threaten operations, reduce output, and hinder economic progress. Recognizing the need for dependable powerContinue Reading
Congolese Gold Prices Rise Slightly Amid Global Market Sensitivities During the week of November 11 to 16, 2024, the price of gold in the Democratic Republic of Congo (DRC) experienced a modest increase of 0.07%, climbing to $88.72 per gram from $88.66 the previous week, according to a report byContinue Reading
Carter Center Report Exposes Weak Social Commitments by DRC Mining Companies A November 2024 report by the Carter Center, White Paper on the Specifications of Mining Companies in the DRC, has unveiled major deficiencies in the social and sustainable development commitments of mining companies operating in the Democratic Republic ofContinue Reading
Ursensollen, September 24, 2024 – We are pleased to announce the launch of our latest product, the passenger seat NEW REGIO, at this year’s InnoTrans. The seating platform is specifically tailored to the requirements of regional transport and its challenges regarding sustainable solutions and flexible passenger compartment design, setting new standardsContinue Reading
Chinese Mining Companies Launch Association to Strengthen Zambia’s Mining Sector Chinese mining companies operating in Zambia have officially launched the Chinese Mining Enterprises Association in Zambia (CMEAZ), aiming to enhance their role in the country’s mining industry. The launch event, held on Tuesday, was attended by Chinese Ambassador to ZambiaContinue Reading
