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We remain mobilized to support the battery industry in Africa, starting in the DRC - AfDB Boss 1 Cobalt Battery Metals Copper Lithium Mining in DRC 

We remain mobilized to support the battery industry in Africa, starting in the DRC – AfDB Boss

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The DRC – Africa Business Forum closed on Thursday in Kinshasa. This high-level forum intends to provide solutions to improve the living conditions of Africans by developing value chains linked to the mining resources used in electric batteries (cobalt, copper, lithium, manganese, nickel, graphite). A way to take advantage of the global transition to green energy, the use of electricity in transport systems and the decarbonisation of economies “We remain mobilized with other partners to support the development of the battery industry in Africa, starting in the Democratic Republic of… Read More Here
Gold gains as new Covid-19 variant lifts safe-haven demand 2 Gold International 

Gold gains as new Covid-19 variant lifts safe-haven demand

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Gold prices gained on Friday, as concerns over the spread of a newly identified coronavirus variant boosted the metal’s safe-haven appeal, although bullion was set for a weekly drop on growing bets the US Federal Reserve could turn more hawkish. Spot gold was up 0.5% at $1 797.46/oz, as of 04:45 GMT. US gold futures advanced 0.8% to $1 797.70. The variant, detected by scientists in South Africa, may be able to evade immune responses and has prompted Britain to hurriedly introduce travel restrictions on the African nation. Further aiding gold’s climb, the dollar index eased 0.2%… Read More Here
DRC: 30 months to accelerate the fight against modern slavery in the mining sites of two Kivus 3 Mining in DRC 

DRC: 30 months to accelerate the fight against modern slavery in the mining sites of two Kivus

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For 30 months, local authorities, civil society actors and artisanal mining operators will see their capacities strengthened in the context of the fight against modern slavery in the mining sites of the province of North Kivu and South Kivu. This is thanks to the partnership agreement signed by the Embassy of the Kingdom of Norway in the Democratic Republic of Congo (DRC) and the International Organization for Migration (IOM) on November 24, 2021.  This project generally aims to improve coordination mechanisms to effectively fight against human rights violations in mining supply… Read More Here
B2Gold weighs acquisition of gold assets in Zimbabwe 4 Gold 

B2Gold weighs acquisition of gold assets in Zimbabwe

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B2Gold Corp., the Canadian company that owns mines in Africa and the Philippines, is interested in acquiring gold assets in Zimbabwe. The mid-tier gold producer which has mines in Mali, Namibia and the Philippines, has held talks with the government and other officials in the southern African nation “to see if they are ready for us to come in,” said Clive Johnson, chief executive officer at the Vancouver-based company.  “There is really a strong case and we are making that case in Zimbabwe,” Johnson said in a Nov. 24 interview.… Read More Here
Lucara says diamond market “healthiest” in years 5 Diamond International 

Lucara says diamond market “healthiest” in years

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Lucara Diamond (TSX: LUC) said on Wednesday the global market for rough stones and diamond jewellery has reached a healthy balance thanks to supply improvements and fundamentals. The Vancouver-based miner said it expected the positive trend to continue in years to come and set its 2022 targets accordingly. Next year, which marks its Karowe mine’s tenth year of operations, Lucara anticipates producing up to 340,000 carats, to be sold through its multi-sales channel approach, which should generate revenues of between $185 million and $215 million.  The figure does not include any estimated contributions of revenue from… Read More Here
How Congo could become low-cost, low-emissions producer of battery materials – report 6 Battery Metals Lithium Mining in DRC 

How Congo could become low-cost, low-emissions producer of battery materials – report

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In a report launched at the DRC-Africa Business Forum 2021 taking place this week in Kinshasa, BloombergNEF (BNEF) states that the Democratic Republic of the Congo (DRC) could leverage its abundant cobalt resources and hydroelectric power to become a low-cost and low-emissions producer of lithium-ion battery cathode precursor materials. The research paper estimates that it would cost $39 million to build a 10,000 metric-tonne cathode precursor plant in the DRC. This is three times cheaper than what a similar plant in the US would cost, whereas if it were to be built… Read More Here
AVZ joins battery council in the DRC 7 Battery Metals Mining in DRC 

AVZ joins battery council in the DRC

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Junior AVZ Minerals has pledged its support to develop a new Democratic Republic of Congo (DRC) Battery Council to develop a sustainable battery value chain in the region. The ASX-listed company’s pledge followed a business forum in Kinshasa promoting the development of battery, electric vehicle and renewable energy subsectors in the DRC and other African nations. “The signing of this pledge provides a strong platform for the development of a battery minerals industry in the DRC which AVZ wholeheartedly supports, and is also an incredibly significant development as we enter the final stages of securing the mining licence… Read More Here
SENIOR MINING ENGINEER | MINING CAREERS AT ERG, DRC 8 Mining Careers Mining in DRC 

SENIOR MINING ENGINEER | MINING CAREERS AT ERG, DRC

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Primary PurposeReporting to Musonoi FEL2 and 3 Project Manager, the Senior Mining Engineer is responsible for leading all mining studies and work to provide strategic and operational expertise to the Musonoi River/Tailings FEL studies. This is a technical function including planning and coordinating with internal and external consultantsto define Long Term Strategic mine plan for the Musonoi Resource based on the inputs from various studies and data sources (AMC studies, CoPE study, Hydro study, geotechnical study, and all geological data) from Musonoi to achieve the highest NPV and financial returns.… Read More Here
Sandvik launches Europe's first BEV trial 9 Equipment & Technology International Mining technology 

Sandvik launches Europe’s first BEV trial

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Mining equipment manufacturer Sandvik has partnered with Boliden to launch the first BEV loader trial in Europe at the Garpenberg zinc mine in Sweden. The Sweden-based company said its Mining and Rock Solutions segment had agreed to a 12-month collaborative trial period for the new 18-tonne Sandvik LH518B battery-electric loader. The objective of the trial is to support Boliden’s sustainability efforts by cutting greenhouse gas emissions underground. It is planned to start in late 2022. It described the Sandvik LH518B as “easy to implement” in most underground operations because it… Read More Here
Félix Tshisekedi to ''rebalance" contracts with mining companies 10 Mining in DRC 

Félix Tshisekedi to ”rebalance” contracts with mining companies

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Opening the 2021 edition of DRC-Africa Business Forum this Wednesday at the Palais du Peuple, Félix Tshisekedi returned to the various reforms launched or to be launched in several sectors. He praised the regulatory efforts in certain areas such as water and energy.  “The Minister of Finance spoke to us earlier about the reforms that are being undertaken in the energy sector, in particular water and electricity, by establishing regulatory authorities that will promote liberalization of the sector because we believe of course, it is only by going in this direction… Read More Here

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