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
Carter Center Report Reveals Gaps in DRC Mining Companies’ Social Responsibility Commitments A recent study by the Carter Center, published in November 2024, titled White Paper on the Specifications of Mining Companies in the DRC, highlights significant shortcomings in mining companies’ efforts to meet their social responsibility commitments, particularly regardingContinue Reading
Zambia is moving forward with plans to tap into alternative hydropower sources along the Zambezi River as part of a broader strategy to support the growing energy needs of its mining industry. At the Critical Minerals Africa 2024 summit, Sokwani William Chilembo, CEO of the Zambia Chamber of Mines, highlightedContinue Reading
Construction is now underway on Zambia’s first two Gold Mining Centers in the Rufunsa and Mumbwa districts, with a completion goal set for the end of the year. These new centers are part of a bold government strategy to elevate Zambia’s gold mining industry, improve resource management, and empower localContinue Reading
