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Infrastructural Development Mining in DRC

Tanganyika: the master plan for the new city of Kalemie explained to socio-political actors

September 17, 2020September 17, 2020 admin

The plenary room of the Provincial Assembly of Tanganyika on Wednesday 9 September served as a setting for the presentation of the master plan for the new city of Kalemie. This project initiated in 2018 by the Honorary President of the Republic Joseph Kabila aims to extend the city of Kalemie in its north-eastern part, from the Kalemie terminal to the village of Lukwangulo and from Kainda to Kasambondo over an area of 40 km2. The development work for this plan was carried out by the Newton company and open… Read More Here

Mining in DRC

Studies show Inga 3 has a lower impact on populations and the environment compared to similar projects in the world (Studies)

September 17, 2020September 17, 2020 admin

Environmental and social studies carried out on the implementation of the Inga 3 project indicate that 37,000 people are expected to be affected and 170 km² of land will be submerged by the completion of this project to erect an 11,000 MW dam in the province. Congo Central, reveals the communications officer of the Grand Inga project development agency citing environmental and social studies. “INGA3: environmental & social studies carried out have shown that the project has a low impact on populations, compared to projects of similar importance around the… Read More Here

Mining in DRC

Minister of Foreign Trade orders the import of 100,000 tons of cement while local industry is underproduction-DRC

September 17, 2020September 17, 2020 admin

The Minister of Foreign Trade, Jean Lucien Bussa, has just granted a “derogation” for the import of 100,000 tonnes of gray cement from the Republic of Congo. “ Following our discussions on August 24, 2020 in Brazzaville, Republic of Congo, I make it my duty to inform you that I have just authorized the import, into the Democratic Republic of the Congo, of 100,000 tonnes of cements gray from the Republic of Congo. This is a derogation from the restriction measure on imports of gray cement and clinker in the western part… Read More Here

Mining in DRC

DRC: An estimated amount of USD 51 million collected from oil companies by financial authorities

September 17, 2020September 17, 2020 admin

Revenue at An estimated 102,837.93 Million FC ( 51.418 million USD) was collected by the financial authorities from oil companies at the end of August 2020. This is according to a report provided by the Central Bank of Congo (BCC). The General Directorate of Taxes (DGI) collected 52 944.15 million FC against 49 893.78 million FC for the General Directorate of Administrative and State Revenue (DGRAD). For the month of August 2020 alone, the two agencies have mobilized 49,437.13 million FC and 49,893.78 million FC respectively for the DGI and… Read More Here

Copper Gold International Nickel

First Quantum Minerals Provides Operations Update

September 16, 2020September 16, 2020 admin

First Quantum Minerals Ltd has today provided an update on how the company has been able to operate under the pandemic that has hit the world. the company has continued to show efforts on how they are mitigating and trying to adjust to the impacts caused by covid 19. Operational Performance The global mining giant expects to produce 725,000 – 770,000 tonnes of copper, 230,000 – 250,000 ounces of gold and 15,000 – 17,000 tonnes of nickel for the full year 2020, as previously stated. Operations continue to perform as… Read More Here

Covid-19 Gemstones International

Gemfields to experience large loss as pandemic hits auctions

September 16, 2020September 16, 2020 admin1 Comment

Precious gemstones miner Gemfields announced an expected swing to an interim net loss for the six months ended on June 30 as the company had only been able to hold one sale due to the covid-19 pandemic. The company, which returned to the London Stock Exchange’s market for juniors in February, expects to report a net loss after tax of $56.7 million in the first half of 2020. The figure sharply contrasts with the $12.4 million profit reported during the same period last year. Gemfields cancelled auctions originally scheduled for May, June and August due… Read More Here

Mining in DRC Copper New Mining Projects

Ivanhoe’s Congo mine productivity peerless among copper giants

September 16, 2020September 16, 2020 admin

With large-scale deposits hard to find (and even harder to bring into production on time and within budget) much has been made of the sheer size of Kamoa-Kakula, Ivanhoe Mines’ project on the central Africa copper belt straddling the DRC and Zambia. A new note by BMO Capital Markets compares Kamoa-Kakula to the world’s 10 largest copper mines based on 2019 production numbers to offer a perspective on the potential of legendary mining financier Robert Friedland’s latest project. “THE UNIQUE SCALE AND GRADE OF THE KAMOA-KAKULA COMPLEX WILL, IN OUR… Read More Here

Mining in Zambia New Mining Projects

Kansanshi sets the stage for potential restart of S3 expansion as reserves rise to 70%

September 15, 2020September 17, 2020 admin

The mineral reserve at TSX-listed First Quantum Minerals’ Kansanshi mine, in Zambia, has increased by 70% to an estimated 842-million tonnes, grading 0.64% copper, while the mine’s mineral resource has increased by 40% to an estimated 939-million tonnes, grading 0.67% copper. This compares with estimates published in 2015 and follows 1.5-million metres of resource expansion drilling. These results have extended the Kansanshi mine life to 24 years. Further, the increased reserve forms the foundation for a potential restart of the S3 Expansion, which will increase the mine’s sulphide, mixed and leach ore processing… Read More Here

Mining Careers Mining in Zambia

Rock Tools Technical Sales and Support Representative | Mining Career at Sandvik, Kitwe Zambia

September 15, 2020September 15, 2020 admin

Company name: Sandvik | Company location: Kitwe, Zambia Apply now Safety and Environment Ensure a sound knowledge of and adherence to Sandvik Safety and Health system. Undertake safety audits and inspections as agreed. Strive to find safer ways for customers to work with Sandvik products. Developing multi-level customer relationships on site, and where appropriate at corporate office level. Develop and maintain customer relationships with key decision makers within your allocated sales area. Initiate and coordinate product trials on site to demonstrate value and product performance. Work closely with the relevant… Read More Here

Mining Careers Mining in Zambia

Minerals Trade Manager | Mining Career at SSG, Lusaka, Zambia

September 15, 2020September 15, 2020 admin

Company Name: SGS | Company location: Lusaka, Zambia Apply now SGS is the world’s leading inspection, verification, testing and certification company. We are recognized as the global benchmark for quality and integrity. With more than 89,000 employees, we operate a network of more than 2,400 offices and laboratories around the world. In the globalized trading business of minerals and metals, our trusted analysis and inspectors help to reduce your risk by ensuring your shipments meet international standards and contractual specifications. We work with integrity, representing your interests at international ports, warehouses,… Read More Here