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The DRC & ZMB’s Top Mining News Platform
Mining Stories to Kick Start Your Week
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Joint venture partners ZCCM-IH and KoBold Metals, discussed the details of their recent copper discovery at the Mingomba deposit…
Recently, Joint venture partners ZCCM-IH and KoBold Metals, a Silicon Valley company using artificial intelligence to discover critical minerals for the electric vehicle and renewable energy revolutions, discussed the details of their recent copper discovery at the Mingomba deposit. “ZCCM-IH’s goal is to ensure that Zambia’s finite mineral resources are optimized and benefit the people of Zambia… Read full details
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Sama Lukonde urged mining operators to prioritize responsible and sustainable investment for local development in the Democratic Republic of Congo (DRC)…
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During the DRC Breakfast held alongside the 30th edition of the Investing in African Mining Indaba 2024, Prime Minister Jean Michel Sama Lukonde urged mining operators to prioritize responsible and sustainable investment for local development in the Democratic Republic of Congo (DRC). Addressing over 300 attendees, including mining companies, service providers, and banks, Prime Minister Sama Lukonde… Read full details
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HH Highlights great strides made since his last address in 2022 in his keynote address at the mining indaba 2024…
Reflecting on the progress since his last address in 2022, President Hichilema highlighted key investments in Zambia’s mining sector. These include the successful launch of the Enterprise Nickel Mine by First Quantum Minerals (FQM) with a $100 million investment, Moxico Resources’ production at the Mimbula Mining Project producing 6,000 tons of copper in the first nine months of operations, and Kobold Metals’ advancements in orebody… Read full details
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The DRC is seeking ‘modern investors’ to tap into the country’s mining sector…
The Democratic Republic of Congo (DRC) is seeking ‘modern investors’ to tap into the country’s mining sector, which boasts over $460 trillion worth of untapped mineral deposits. Miguel Kashal Katemb, Director General of the DRC’s Regulatory Authority for Subcontracting in the Private Sector (ARSP), said the country wants to collaborate with responsible investors, particularly those focused on equity funds… Read full details
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CMOC has become the world’s leading cobalt mining company, with last year’s production reaching 55,000 tons. The company aims to increasing its cobalt output forecast to 60,000-70,000 tons this year…
Chinese mining firm CMOC Group is considering acquiring additional assets in the Democratic Republic of Congo (DRC) and sees growth opportunities in South America and Indonesia, according to Julie Liang, CMOC’s vice president for ESG. Speaking at the Africa Mining Indaba, Liang emphasized the company’s interest in expanding its presence in the DRC, particularly in copper and cobalt-rich regions… Read full details
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