arnbethnic - Copperbelt Katanga Mining

Written by arnbethnic

Ivanhoe Mines announces Kamoa-Kakula achieved record copper production of 35,856 tonnes in May

June 5, 2023June 6, 2023 arnbethnic

Monthly copper production equivalent to annual production of approximately 430,000 tonnes ■ New daily ore milling record achieved at Kamoa-Kakula, equivalent to an annual rate of approximately 9.8 million tonnes ■ Phase 1 and 2 concentrators continue to operate at above-design copper recoveries ■ Phase 3 expansion and smelter advancing on schedule for first production in Q4 2024 KOLWEZI, DEMOCRATIC REPUBLIC OF CONGO – Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng “Miles” Sun announced today that the Kamoa-Kakula Copper Complex in the Democratic… Read More Here

Copper Mining in DRC New Mining Projects News in Brief

Ivanhoé will produce its first copper concentrate at the Kipushi mine in the third quarter of 2024

June 5, 2023June 5, 2023 arnbethnic

In an interview with Mining Review Africa, President Marna Cloete of Ivanhoé Mines says that Ivanhoé’s Kipushi mine redevelopment project in the DRC is expected to produce its first copper concentrate in the third quarter of next year. According to Ivanhoé’s president Marna Cloete, “construction of the mill is now also well advanced.” Indeed, the Kipushi project is based on the high-grade zinc-copper mine which is located in the central African copper belt and which produces approximately 60 million tonnes for a zinc content of 11%, and 7 % in… Read More Here

Mining in DRC Diamond Mining Policy

DRC Minister of Finance questioned on “blocking” of the disbursement of credits allocated to the revival of MIBA

June 5, 2023June 5, 2023 arnbethnic

Deputy Éric Ngalula Ilunga tabled, this Monday, May 29 at the office of the National Assembly, an oral question with debate addressed to Nicolas Kazadi, Minister of Finance on the “blocking” of the disbursement of credits allocated in the 2021 finance laws , 2022 and 2023 for the revival of the activities of the Minière de Bakwanga (MIBA). For this elected official, the revival of this company was also a campaign promise of the candidate President Félix Tshisekedi. It is inconceivable that the UDPS in power, this company is still languishing,… Read More Here

Mining in DRC Mining Policy

CNPAV a Congolese NGO has questioned the many advantages granted to Primera Gold and Primera Metals

June 4, 2023June 4, 2023 arnbethnic

Félix Tshisekedi during the signing of the contract that led to the creation of the companies Primera Gold DRC (gold) and Primera Metals DRC (3T). Third-Party Rights. BY DESKECO – 04 JUNE 2023 09:19, IN NEWS During its press conference held on Friday June 2 in Kinshasa, Congo N’est Pas à Vendre (CNPAV) congratulated the Congolese government for the publication of the Partnership Contract on the creation of the companies Primera Gold and Primera Metals. However, the coalition also called on the government to disclose the full list of the beneficial owners of… Read More Here

Mining in DRC Mining Policy

DRC Government promises drastic measures against fraud at border posts

June 4, 2023June 4, 2023 arnbethnic

The Prime Minister, Jean-Michel Sama Lukonde Kyenge, chaired, this Wednesday, May 31, 2023, the traditional meeting of the Economic Situation Committee which reviewed several issues related to the smooth running of the country on the socio-economic level for the week of May 22 to 26, 2023. In addition to the prices of goods and services on the markets and the exchange rate which have remained more or less stable as well as the foreign exchange reserves which have held up well, the Deputy Prime Minister, Minister of the National Economy,… Read More Here

Mining in DRC Mining in Zambia Transport and Logistics

Lobito Corridor and Ivanhoe’s work on the Kipushi border, set to transform regional logistics

May 28, 2023May 28, 2023 arnbethnic

United States announces support for development of Lobito Atlantic Railway Corridor at the 2023 G7 Summit ■ U.S. International Development Finance Corporation evaluating $250 million in financing for ‘key economic’ rail corridor connecting the Angolan port of Lobito to the DRC Copperbelt ■ Rail corridor passes through Western Foreland licences and within five kilometres of Kamoa-Kakula Copper Complex ■ Distance from Kamoa-Kakula to Angolan Lobito Ocean Port is approximately halved compared with Durban, South Africa, providing for significant potential logistics cost improvement ■ Lobito Corridor and other initiatives, such as… Read More Here

Mining Personality Mining in Zambia New Mining Projects

Dr Sixtus Mulenga: Dreaming of the future

May 8, 2023May 8, 2023 arnbethnic

This mining stalwart’s long journey to discover new minerals is an inspiration to every Zambian How many people would leave a prestigious job, their home, their family, and the lifestyle that they’d worked incredibly hard to build for a tent in rural Zambia, in pursuit of a dream? That’s what Dr Sixtus Mulenga did. His dream was to make a new mineral discovery in an unexplored part of Zambia. Fourteen years later, having parted with most of his hard-earned savings, he’s still living in a tent in rural Luapula. But,… Read More Here

Mining in DRC Governance

DRC’s DEMIAP dismantles a network of gold traffickers in South Kivu, more than 26,120 kg of ore seized

May 7, 2023May 8, 2023 arnbethnic

The Military Detection of Anti-Homeland Activities of the Democratic Republic of Congo (DEMIAP) has got hold of a network of economic criminals operating in the province of South Kivu. During this operation, Congolese military intelligence was able to intercept more than 26,120 Kg of contraband gold. The members of this network were presented, this Friday, May 5, 2023, at the DEMIAP headquarters in Kinshasa, to three members of the Congolese Government, namely the Minister of Mines, Antoinette N’Samba; the Minister of State, Minister of Justice and Keeper of the Seals, Rose… Read More Here