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Ivanhoe shares up on Kakula underground development 1 Mining in DRC 

Ivanhoe shares up on Kakula underground development

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Ivanhoe Mines (TSX: IVN) shares climbed 7% on Monday after the company announced progress is being made advancing underground development at its Kakula mine in the Democratic Republic of Congo (DRC), with current mining grades of up to 11% copper in one of the access drives. According to the company, Kakula’s northern and southern dual access drives are expected to be connected (holing) next month, allowing highly-productive mining (stoping) operations to begin in high-grade zones “Development of the dual access drives from Kakula’s northern decline has entered a zone of chalcocite-rich ore… Read More Here
Ivanhoe nears completion of Kakula mine development, processing plant 2 Mining in DRC New Mining Projects 

Ivanhoe nears completion of Kakula mine development, processing plant

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Thanks to the “excellent” progress that has been made by TSX-listed Ivanhoe Mines in advancing the underground development of the Kakula mine, in the Democratic Republic of Congo (DRC), only 260 m of tunnelling remains until the access drives are connected. The northern and southern dual access drives are expected to be connected by next month, allowing highly productive stoping operations to begin in high-grade zones of the mine. Ivanhoe co-chairperson Robert Friedland says the development of the dual access drives from Kakula’s northern decline has entered a zone of chalcocite-rich ore grading… Read More Here
Glencore in nickel supply talks with EV battery makers 3 Battery Metals International Nickel 

Glencore in nickel supply talks with EV battery makers

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Global miner and commodities trader Glencore (LON: GLEN) is close to securing nickel supply deals with automakers and battery producers amid a looming squeeze in the market and Tesla CEO Elon Musk’s recent call to miners to produce more of the metal. “A lot of the automobile guys and the battery guys are talking to us about nickel,” chief executive Ivan Glasenberg said during the Financial Times Mining Summit on Frida THE MARKET FOR BATTERY-GRADE NICKEL SHOULD BE IN A TIGHT BALANCE IN THE NEXT TWO TO THREE YEARS AS DEMAND FROM LITHIUM-ION BATTERY… Read More Here
Power from the DRC's Inga-Katanga line increases from 560 MW to 1,120 MW 4 Mining in DRC Energy 

Power from the DRC’s Inga-Katanga line increases from 560 MW to 1,120 MW

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The national electricity company (SNEL) rehabilitated the Inga converter station (SCI) and the Kolwezi converter station. This work carried out by the firm AEE made it possible to double the total power of the line which goes to 1120 MW. The energy produced by Inga’s power plants is alternating current, explains SNEL. Since the Inga-Katanga line is 1700 km long, the transport of alternating current will create a loss of 30 to 40% at the terminal (SCK), hence the need to convert this current into direct which will only have a loss… Read More Here
Toll-free number to denounce acts of corruption (+243827741441)- DRC 5 Mining in DRC Corporate social responsibility 

Toll-free number to denounce acts of corruption (+243827741441)- DRC

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The capacity building seminar for parliamentarians ended this Saturday, October 17 in Kinshasa with the opening of a book on the fight against corruption. The work entitled “Compendium of legal instruments for the fight against corruption in the DRC”. Presented by the deputy Lucain Kasongo and varnished by the deputy chief of staff of Jeanine Mabunda, president of the National Assembly, who represented her at this ceremony. It is co-authored with the deputy Jean-Pierre Pasi Zapamba, Jean-Baptiste Kumasamba, Paulin Katsuva and Dalton Buyula. After a panoply of speakers, mostly experts in the… Read More Here
SNEL acquires a new modern and digitized dispersion station at Inga- DRC 6 Mining in DRC Energy 

SNEL acquires a new modern and digitized dispersion station at Inga- DRC

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The national electricity company (SNEL) is installing a new modern dispersion station with a computerized system (SCADA) at the Inga site. Installed in a brand new building, this device offers several advantages and an additional option for controlling and controlling the use of the current produced by the Inga 1 and Inga 2 power plants in addition to the outdoor substation. According to SNEL, the objective is to modernize to increase reliability by rejuvenating the equipment and adapting it to new technologies with which spare parts are on the market. “The… Read More Here
Government to put all railway companies under concession- DRC 7 Mining in DRC 

Government to put all railway companies under concession- DRC

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This government plan looks like a headlong rush given that all of the DRC’s railway companies are in tatters.  The Minister of Portfolio, Clément Kuete, presented to the Council of Ministers on Friday, October 16 a “Draft Collaboration Agreement on the concessioning of railway infrastructures and the operation of the railway activity in the Democratic Republic of Congo” . This project was previously analyzed by a technical commission under the chairmanship of the Executive Secretary of COPIREP (Steering Committee for the Reform of Public Enterprises) and composed of experts from… Read More Here
DRC & Zambia join to fight against smuggling and extend service hours at the Kasumbalesa border 8 Mining in DRC Mining in Zambia 

DRC & Zambia join to fight against smuggling and extend service hours at the Kasumbalesa border

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The work to assess the bilateral trade agreement between the Democratic Republic of the Congo and Zambia was completed this Friday in Ndola. For two days, from Thursday October 15 to Friday October 16, 2020, the delegations of two countries agreed to jointly fight against customs smuggling and extend service services at the Kasumbalesa border post. “That the DRC accelerate the ratification of the bilateral agreement signed in Lusaka on August 6, 2015, and that in the meantime, the two countries undertake to use good practices in international trade, that the… Read More Here
Money for Development Consortium calls on DRC government to efficiently manage royalty taxes paid to Provincial administrations 9 Mining in DRC Taxes 

Money for Development Consortium calls on DRC government to efficiently manage royalty taxes paid to Provincial administrations

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The Makuta ya Maendeleo Consortium (Money for Development) invites the government of the Democratic Republic of Congo to initiate inclusive consultations with all stakeholders in order to define a coherent national policy for the collection, distribution and allocation of funds from 25 % and 15% of the mining royalty paid to Provinces and Decentralized Territorial Entities (ETD) for the financing of sustainable development projects in provinces and mining areas. Since the second half of 2018, several mining provinces and ETDs have directly received the quotas of 25% and 15% of… Read More Here
Magna Tyres Group launches portal for EU market! 10 Mining technology International 

Magna Tyres Group launches portal for EU market!

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Magna Tyres announces the launch of a brand new tool: THE MAGNA TYRES PORTAL! The launch of the Magna Tyres Portal is said to be the starting signal for a campaign to respond to the current market developments as well as the dealers’ need for an online platform that covers the entire process from providing information to ordering tyres.  In recent years a very extensive dealer network has been built up all over the world. The demand for an online platform with 24/7 access to both the range of products… Read More Here

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