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Glencore Corporate social responsibility Economy International 

World’s largest wealth fund blacklists Glencore, Sasol and other giants over coal use

arnbethnic
OSLO – Norway’s $1-trillion wealth fund is excluding some of the world’s biggest commodities firms from its portfolio, including Glencore and Anglo American, because of their use and production of coal. Underlining the growing role of climate considerations for long-term investors, the fund is also excluding German utility RWE, South African petrochemicals firm Sasol and Dutch company AGL Energy over their use of coal.  Norway’s parliament agreed in June 2019 that the world’s largest fund would no longer invest in companies that mined more than 20 million tonnes of coal… Read More Here
Karma Mining Services Gold Mining in Zambia 

Karma Mining Services JV with ZCCM-IH to start gold processing by end of March

arnbethnic
The Karma Mining Services and Rural Development – KMSRD joint venture – JV with ZCCM Investment Holdings to form a gold company “Consolidated Gold Company of Zambia – CGCZ Ltd” for the purpose of developing a gold processing operation in Zambia will take off by end of March 2020. The company in which ZCCM-IH have a shareholding of 45% and 55% for KMSRD respectively has invested about US$ 3.5 million into a laboratory which has been set to determine the gold content accurately in the ore that will be received… Read More Here
Angola's kwanza Oil & Gas Petroleum 

Angola’s new budgetary restrictions underline government’s determination to support OPEC

arnbethnic
Angola’s minister of finance H.E Vera Daves signed on April 22nd a ministerial order suspending the implementation of all contracts signed under the Public Investment Programme whose source of funding has not yet been definitively secured. This is one of a number of emergency measures, including a freeze in public sector hiring that was announced in recent weeks in response to the oil price crash and the expected reduction in government revenue for 2020. Minister Daves’ order is in line with Presidential Decree no. 96/20 of April 9th which declared… Read More Here
conférence en ligne Mining in DRC 

DRC MINING WEEK LANCE UN PROGRAMME DE CONFÉRENCE EN LIGNE ET DE WEBINAIRES GRATUITS DE MAI À SEPTEMBRE

arnbethnic
“Nous tenons à soutenir nos clients en utilisant des outils de communication innovants” Les organisateurs de l’exposition et de la conférence de la DRC Mining Week ont lancé une conférence en ligne innovante pour l’industrie, ainsi qu’une série de webinaires sur des sujets d’actualité. En raison de la pandémie de COVID-19, la 16ème édition de l’événement de Lubumbashi, qui devait avoir lieu du 17 au 19 juin, a été reportée à la date du 7 au 9 octobre 2020. “Nous sommes restés en contact permanent avec notre communauté minière sur la Copperbelt… Read More Here
DRC Mining Week banners Mining in DRC 

DRC MINING WEEK LAUNCHES FREE DIGITAL CONFERENCE AND WEBINAR SERIES FROM MAY TO SEPTEMBER  

arnbethnic
“We are keen to support our customers and innovative channels are needed” The organisers of the DRC Mining Week exhibition and conference have launched an exciting digital conference as well as a series of topical webinars. The 16th edition of the Lubumbashi event was due to take place from 17-19 June but was recently postponed to 7-9 October 2020 due to the COVID-19 pandemic. “We have been staying in constant contact with our mining community on the Copperbelt and global partners throughout” says event director Elodie Delagneau, “and we understand that virtually no business… Read More Here
Gold mining Gold Mining in Zambia 

The EU donates Gold mining equipment to Zambia’s artisanal miners

arnbethnic
The Zambian government received gold mining equipment financed by the European Union (EU) on Thursday to improve gold mining. Zambia Consolidated Copper Mines Investment Holdings (ZCCM-IH) will administer the equipment, that includes four lockers, four gold detectors, 12 turntables, and two gold mine shaker tables to be used in southern Vubwi and Lundazi districts. Zambia Consolidated Copper Mines Investment Holdings (ZCCM-IH) is a government agency that holds shares in all mining companies on government’s behalf.  The equipment was purchased with EU support as part of the South African Development Community’s… Read More Here
felix-tshisekedi-Covid-19 response 1 Mining in DRC Covid-19 

Experts and politicians met Felix Tshisekedi to assess DRC’s Covid-19 response

arnbethnic
Experts and politicians met Felix Tshisekedi on Tuesday to assess the response against Covid-19. Félix Tshisekedi is chairing a response assessment meeting against COVID-19 in Kinshasa on Tuesday. For this session, the Head of State brought together both politicians and experts. Participants in these meetings included members of the Task Force set up to Chair and monitors developments and collaboration between the Government’s multi-sector commission and the Covid-19 Response Team. Dr. Jean-Jacques Muyembe and his team were also present, as was Dr. Eteni Longondo, Minister of Health. This meeting came… Read More Here
DRC Reduces Fuel Pump attendant Mining in DRC Energy Petroleum 

The Governement of DRC Reduces Fuel Pump Price by 10-20%

arnbethnic
The government of DRC reduces fuel pump prices ranging between 10% – 20%. Acacia Bandubola Mbongo, Minister of the National Economy, signed decrees on Tuesday (May 5th) to reduce the price of petroleum products throughout the country. This new pricing is applicable as of Thursday, May 7. The government, in the minutes of the Council of Ministers on Monday, May 4, announced that it had reached a compromise with the tankers for the lower price of fuel at the pump following the global price drop due to the Coronavirus pandemic.… Read More Here
Dredging the congo river 5 Economy Covid-19 Mining in DRC 

Dredging the Congo River, a remedy to “fine-tuning” DRC’s economy | COVID-19 Response

arnbethnic
Dredging the Congo River could be a remedy to “fine-tuning” DRC’s economy in the face of the current effects of Covid-19. Great evils require great remedies. The Coronavirus pandemic has hit the global economy hard, with world commodity prices (minerals, wood, and oil) from which the DRC derives most of its revenues have, in turn, taken the path of a tumble since mid-March 2020. However, experts say the DRC has a local solution to “fine-tuning” its economy. Failing to mobilize tens of billions of dollars to support the economy, as… Read More Here
Covid-19 response Felix Covid-19 Economy Mining in DRC 

DRC Covid-19 Response, Government to cover the cost of free electricity and water

arnbethnic
The advisers of the Head of State at the College of Mines and Energy and the College of Infrastructure, respectively Eboma Ablavy and David Mukeba met on Wednesday 6 May with the top management of the National Electricity Company (SNEL) as well as top management of the Water Distribution Authority (REGIDESO) on the application of the Covid-19 response measures of free electricity and free water supply throughout the country. The evaluation meeting held at the Palace of the Nation informed the presidential press, that in order to allow these two… Read More Here

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