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DR Congo & Zambia’s Premier Mining News
Your top stories this week
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Kamoa Copper SA has set a new quarterly production record for the second quarter of 2022, with 87,314 tonnes produced…
Kamoa-Kakula Mining Complex in the Democratic Republic of Congo has set a new quarterly production record in the second quarter of 2022, with 87,314 tonnes of copper in concentrate produced. Kamoa-Kakula’s Phase 1 and Phase 2 3.8-million-tonne-per-annum concentrator plants produced 30,379 tonnes of copper in concentrate during June 2022. This performance marks the third consecutive month that… Read full details
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Enterprise Nickel Mine would be brought online within 12 months…
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The 8 May 2022 announcement that Enterprise Nickel Mine would be brought online within 12 months after a final $100 million cash injection from First Quantum Minerals (FQM) was met with much fanfare, during a buoyant week for Zambia at the Investing in African Mining Indaba. Mining For Zambia takes a look at the progress that has been made in the weeks following the news, and the impact that… Read full details
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One of the recommendations made by the stakeholders includes – The outright elimination of fourteen (14) business levies…
The file relating to the identification of arbitrary levies was adopted by the government at the 61st meeting of the Council of Ministers on Friday July 8, 2022. This, within the framework of the government reform on the improvement of the business climate in the Democratic Republic Congo . In his presentation, the Minister of Foreign Trade Jean-Lucien Bussa indicated that one of the missions as… Read full details
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ZESCO Limited is pleased to announce the successful signing of a 13 year Bulk Supply Agreement with the Copperbelt Energy Corporation (CEC)…
ZESCO Limited is pleased to announce the successful signing of a 13 year Bulk Supply Agreement with the Copperbelt Energy Corporation (CEC) effective 1st April 2022. This Agreement was signed two years after the expiry of the Bulk Supply Agreement between the two institutions that had been in existence from 21st November 1997 to 31st March 2020. The expiry of the old Bulk Supply Agreement was… Read full details
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African Energy Metals (AEM) Active Exclusively in the DRC Announced on July 5, 2022, the Acquisition of a Mining Concession of 170 Km² in The Region of Manono…
The new acquisition has “strong potential for lithium, tin, tantalum and rare earths”. According to inside sources, the transaction is subject to a 60-day due diligence as well as obtaining regulatory approvals. In return for a 70% interest in a joint venture managing the project, alongside the company E29 Resources Sarl, AEM will issue 2.5 million ordinary shares in favor of the seller who… Read full article
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The anti-corruption agency called APLC in DRC intercepted 33 trucks illegally transporting mining products…
The Agency for the Prevention and Fight Against Corruption (APLC) in the Democratic Republic of Congo (DRC) announced to the press, on Thursday July 7, 2022, that it had intercepted 33 trucks illegally transporting mining products in the Province of Lualaba. Sixteen (16) out of the thirty-three (33) trucks were required to pay fines in the order of several hundred US dollars for having violated… Read full details
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