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DRC: It is unacceptable that Gertler is treated as a savior when he is sanctioned abroad 1 Mining in DRC Oil & Gas 

DRC: It is unacceptable that Gertler is treated as a savior when he is sanctioned abroad

The DRC has definitively recovered its titles, licenses and mining and oil permits from Dan Gertler’s Ventora Group. The whole having a value of more than 2 billion USD. Brian Nelson, the US Treasury Department’s undersecretary for terrorism and financial intelligence, is in Kinshasa. He discussed with the Congolese authorities as well as with civil society actors. Jean-Claude MPUTU, spokesperson for CNPAV, was also received. He is a guest of Transparency. – After the agreement signed between the government and Dan Gertler, if you have a request to make regarding Felix Tshisekedi. What would it be?… Read More Here
DRC: Dan Gertler should not benefit from any financial advantage, insists the USA 2 Mining in DRC Oil & Gas 

DRC: Dan Gertler should not benefit from any financial advantage, insists the USA

The DRC has definitively recovered its titles, licenses and mining and oil permits from Dan Gertler’s Ventora Group. The whole having a value of more than 2 billion USD. Brian Nelson, the US Treasury Department’s undersecretary for terrorism and financial intelligence, is in Kinshasa. He discussed with the Congolese authorities as well as with civil society actors. Transparence, the web show of ACTUALITE.CD receives, Floribert Anzuluni, Senior DRC Adviser” for the American organization The Sentry. He answers a series of questions: -Why was it important to meet with Brian Nelson, US Treasury… Read More Here
Government and scavengers failed to reach a consensus on the Operation of the Black Mountain in Kitwe- Zambia 3 Mining in Zambia 

Government and scavengers failed to reach a consensus on the Operation of the Black Mountain in Kitwe- Zambia

The Government and scavengers are also known as hand pickers have failed to reach a consensus on the mechanism of operating the Black Mountain in Kitwe. Minister of Mines and Mineral Development Paul Kabuswe on Saturday met scavengers near the mine site and told them to stop climbing the Black Mountain to pick chrome which is one of the major minerals found at the Back Mountain. Mr. Kabuswe suggested that people operating tippers will be taking material outside the mine site where the scavengers will be picking from to prevent… Read More Here
Global Risk Complexity Could Support Stronger Appetite in Longer Dated Kwacha Securities in Upcoming Bond Sale 4 Mining in Zambia Economy 

Global Risk Complexity Could Support Stronger Appetite in Longer Dated Kwacha Securities in Upcoming Bond Sale

The current chaotic state of the global environment is posing an array of short term risks that could fret offshore players in locking liquidity is shorter dated tenors in the upcoming Kwacha fixed income debt sale earmarked for Monday March 21, 2022. Grappling with a debt restructure whose time lines remain uncertain, geopolitical tensions have nonetheless seen crude prices at highs last seen in 2008 – potentially fueling inflation pressure. The risk landscape in the short term, remains fairly elevated and is compounded by the recent US Federal Reserve Open Market… Read More Here
New Debmarine Namibia diamond recovery vessel sets world record 5 Diamond International 

New Debmarine Namibia diamond recovery vessel sets world record

The World Record Academy has stated that Debmarine Namibia’s latest diamond recovery vessel, Additional Mining Vessel 3 (AMV3), has set a new world record for the largest diamond recovery vessel. The 177m diamond recovery vessel AMV3 was built at Damen Shipyards Mangalia in Romania for Debmarine Namibia, a 50/50 joint venture between the De Beers Group and the government of Namibia, at a cost of approximately US$470 million. It is the first vessel to be delivered by Damen Shipyards Mangalia, marking the end of the shipbuilding phase of the project… Read More Here
XCMG builds “world’s largest” 400 t XDE440 mining truck for Zijin Mining and China Minmetals 6 Equipment & Technology Mining Equipment Mining technology 

XCMG builds “world’s largest” 400 t XDE440 mining truck for Zijin Mining and China Minmetals

Rolling off its production line today was the 400 t (metric) class diesel-electric AC drive XDE440 mining truck, claimed as the world’s largest by Xuzhou-headquartered Chinese construction and mining equipment giant XCMG. XCMG stated: “The XDE440, the world’s largest rear-drive rigid mining car, has rolled off the production line. This is not only an important milestone in the development of XCMG’s mining equipment industry, but also an important breakthrough in high-end mining equipment in China and the world.” It added that the truck is aimed at the “global high-end mining market” such… Read More Here
Mining industry needs to build a new pipeline of talent for the long term, says Komatsu CEO 7 Equipment & Technology International Mining technology 

Mining industry needs to build a new pipeline of talent for the long term, says Komatsu CEO

Sustainability is the word keeping the mining industry on its toes, and striving to meet company-wide decarbonisation targets at the macro level and environmental, social and governance (ESG) goals on sites at the micro. Capping carbon emissions and adopting more sustainable mining methods has become a top priority for mining companies, from major to mid-tier to minor. MINING.com sat down with Jeff Dawes, of CEO Komatsu, one of the world’s biggest suppliers of industrial equipment to several industries to get his take on how OEMs are getting on the sustainability… Read More Here
Court orders South Africa government to clean up air in coal belt 8 Coal International 

Court orders South Africa government to clean up air in coal belt

A South African court on Friday upheld a complaint by activists that poor air quality in the coal belt is a breach of constitutional rights, giving the environment minister a year to enforce a clean air plan. South Africa’s coal belt, east of the capital Pretoria and main city Johannesburg is home to an estimated 3.6 million people, as well as a dozen Eskom coal-fired power stations and some Sasol petrochemicals plants. Activists, scientists and doctors, as well as a United Nations human rights expert have argued that the epidemic… Read More Here
Barrick Expands Global Footprint in Hunt for High-Quality Assets 9 International Gold Mining Companies 

Barrick Expands Global Footprint in Hunt for High-Quality Assets

Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) is continuing to invest in its future through the development of capital projects that will expand and enhance an operating platform which already holds some of the industry’s best assets, says president and chief executive Mark Bristow. Writing in the company’s  2021 annual report published today, Bristow says that, while building on this value foundation, Barrick was also expanding its presence into new prospective areas in its hunt for high-quality assets. “A specialist Asia-Pacific team, set up to look at opportunities in that region, has acquired… Read More Here
World: Ukraine-Russia war, four products exported by the two countries should experience a price increase 10 International Energy 

World: Ukraine-Russia war, four products exported by the two countries should experience a price increase

With the Russian invasion in Ukraine, the various commodity markets around the world were shaken. According to several analysts, commodity prices also rose due to supply disruptions caused by the Russian invasion. A situation that has blocked the flow of grain and metals from the region. Given the strategic role that Russia and Ukraine play in international commodity markets, both are major exporters of commodities such as wheat and grains, petroleum, natural gas, coal, gold and other precious metals. Below are the main export products from Ukraine and Russia whose distribution… Read More Here

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