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Expo Dubai 2020: the DRC remains the best destination for its mining and forestry assets and for its culture (Félix Tshisekedi)

March 23, 2022March 23, 2022 admin

The Democratic Republic of Congo remains the best destination for its mining and forestry assets and for its culture. This was declared by the President of the Republic, Félix Tshisekedi, who opened, on Tuesday March 22, 2022, the day reserved for the DRC at Expo Dubai 2020. It was at midnight Doha time that the President of the Democratic Republic of Congo (DRC), Félix Tshisekedi, arrived with his wife in Dubai. The Congolese Head of State invited the various investors, economic operators and other visitors to explore the opportunities offered by… Read More Here

Copper International

Copper deficit narrows slightly to 475,000 tonnes in 2021

March 23, 2022March 23, 2022 admin

The global refined copper market showed a 92,000 tonne deficit in December, compared with a 123,000 tonne deficit in November, the International Copper Study Group (ICSG) said in a new data release. For the full year, the market reported a deficit of 475,000 tonnes compared with a 484,000 tonne shortfall a year earlier, the ICSG said. World refined copper output in December was 2.11 million tonnes, while consumption was 2.2 million tonnes. Production amounted to 24.5 million tonnes and 25.33 million tonnes of consumption for the year. The ICSG said… Read More Here

Battery Metals Events & Expos Mining in DRC

Dubai Expo 2020: Julien Paluku presents the DRC as best destination in the world for electric battery industry thanks to its strategic minerals

March 23, 2022March 23, 2022 admin

The Democratic Republic of Congo is represented at EXPO 2020 DUBAI by ten members of the Government and fifty economic operators working in all strategic sectors. At the Dubai Chamber of Commerce and Industry, held on Monday, March 21, Congolese representatives presented on the opportunities offered by the DRC in all areas, and this, in front of Emirati investors, interested in the potentialities abounds the DRC. In his speech, Julien Paluku, Minister of Industry, presented the DRC as the best destination in the world for the electric battery industry thanks to… Read More Here

Copper Mining in Zambia

Natasha Kalimukwa takes over as KCM provisional liquidator

March 23, 2022March 23, 2022 admin

Official Receiver Natasha Kalimukwa has taken over the running of the affairs of Konkola Copper Mines following the resignation of Milingo Lungu as provisional Liquidator for KCM. Ms. Kalimukwa has announced the development in a statement issued on Tuesday. She has advised stakeholders to deal with the official receiver in all matters pertaining to Konkola Copper Mines. Mr. Lungu resigned recently from his position as Konkola Copper Mines Plc Provisional Liquidator with immediate effect and did not give any reasons for his resignation. The provisional liquidator of Zambia’s Konkola Copper… Read More Here

Mining in Zambia Emeralds Gemstones

Gemfields emphasizes importance of stepping up efforts to combat illegal trade

March 23, 2022March 23, 2022 admin

An analysis of existing data on the supply of rubies and emeralds, according to gemstone miner Gemfields, reveals the “alarming” extent to which host-mine countries are being robbed of the true value of their coloured gemstone resources. Artisanal mining, both formal and informal, extracts the vast majority of coloured gemstones, according to Gemfields, for which there are few reporting standards. Furthermore, coloured gemstones are frequently sourced from countries with lax reporting regulations. As a result, it emphasizes the importance of stepping up efforts to combat illegal trade. These, and other… Read More Here

Mining in DRC Drilling

Alphamin to publish updated MRE for Mpama South soon

March 23, 2022March 23, 2022 admin

JSE-listed Alphamin Resources Corporation has announced positive drill results from the Mpama South prospect and the Mpama North mine, at its Bisie tin complex, in the Democratic Republic of Congo. Mpama South is a high-grade tin resource adjoining the southern end of Alphamin’s operating Mpama North mine. The company has been drilling at this prospect to expand its mineral resource estimate (MRE), an update for which should be published as soon as end-March or early April. Notable high-grade assay results returned on the Mpama South prospect include 22.7 m, grading 3.12% tin from 391… Read More Here

Copper Mining in DRC New Mining Projects

Kamoa-Kakula’s Phase 2 concentrator plant begins hot commissioning ahead of schedule

March 22, 2022March 23, 2022 admin1 Comment

Kamoa-Kakula’s Phase 2 concentrator plant begins hot commissioning ahead of schedule Production of copper concentrate from Phase 2 plant now underway Early commissioning positions Kamoa-Kakula to achieve upper end of 2022 copper production guidance of between 290,000 and 340,000 tonnes De-bottlenecking program underway to boost copper production to more than 450,000 tonnes annually by Q2 2023 LAUSANNE, SWITZERLAND – Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) Co-Chair Robert Friedland is pleased to announce today at the Financial Times Global Commodities Summit, to an audience of international mining and market leaders, the start… Read More Here

Copper International

The price of a tonne of copper records a drop of 511.2 USD this week

March 22, 2022March 22, 2022 admin

Copper, one of the main mining products exported from the Democratic Republic of Congo, is expected to experience a significant drop in price on the international market during the week from March 21 to 26, 2022. According to the analyzes of experts from the National Commission of Mercurial Prices of the Ministry of Foreign Trade, this product should sell at 10,017.80 USD per ton this week against 10,529.00 per ton last week. Thus, copper should record a negative price difference of around 511.2 USD on the international market during the… Read More Here

Mining in DRC Energy Oil & Gas

Expo Dubai 2020: Didier Budimbu touts DRC oil reserves estimated at 22 billion barrels

March 22, 2022March 22, 2022 admin

The Minister of Hydrocarbons of the Democratic Republic of Congo, Didier Budimbu, presented investment opportunities in the Hydrocarbons sector, highlighting the country’s oil reserves estimated at 22 billion barrels. Present at the Business Forum with the employers of the United Arab Emirates at the Dubai Chamber of Commerce, the Minister of Hydrocarbons, Didier Budimbu, praised, on Monday March 21, 2022, the projects and opportunities to invest in the DRC in this promising sector. He informed investors in the United Arab Emirates that the DRC is full of enormous potential in… Read More Here

Energy Mining in Zambia

ZDA follows up on Central African Renewable Energy Corp on Fuel Project

March 22, 2022March 22, 2022 admin

Recently the Zambia Development Agency took time to tour the Central African Energy Corporation (CARE) demonstration site in Shantumbu area on a fact finding mission. The tour was meant to help the Agency understand and get firsthand information on the fuel project. So far the company has invested over US$250 000 in research and the construction of the demonstration plant which is currently able to produce 600 liters of fuel per day. The company is not only producing the much needed FUEL which is very key in propelling economic development… Read More Here