arnbethnic - Copperbelt Katanga Mining

Written by arnbethnic

AVZ reacts to two decrees from the DRC Ministry of Mines which notably revoke the Manono license

February 7, 2023February 7, 2023 arnbethnic

The Manono lithium project is becoming like a Novellas television series, every day we are witnessing a new enigma, which in reality only delays the start of lithium exploitation in the province of Tanganyika in Manono by the Australian company, AVZ Minerals which owns 75% of the shares of Dathcom. Dathcom being a Joint-Venture between the Congolese State represented by COMINIERE which should hold 25% of the shares, of which 15% were illegally sold (according to the IGF which is the General Inspectorate of Finance of the DR Congo) to the… Read More Here

Battery Metals International Lithium

General Motors invests $650mn in US lithium mine to secure EV battery materials

February 2, 2023February 2, 2023 arnbethnic

General Motors will invest $650mn in a US lithium mine, a record investment by a carmaker to secure the raw materials used in electric vehicle batteries. The US group will make an initial investment of $320mn by mid-2023 in return for exclusive rights to the first stage of lithium production at Lithium America’s Thacker Pass in the US state of Nevada and almost 10 per cent of the miner’s shares, with a further $330mn to follow later on. “It’s a landmark transaction, and it certainly won’t be the last major… Read More Here

Mining in DRC Corporate News New Mining Projects Press Release

Ivanhoe Mines announces outstanding economic results for world-leading Kamoa-Kakula Copper Complex

January 30, 2023January 30, 2023 arnbethnic

Ivanhoe Mines announces outstanding economic results of updated, independent Integrated Development Plan (2023 IDP) for world-leading Kamoa-Kakula Copper Complex ■ Ivanhoe’s 26-year odyssey of discovery realizes a globally significant copper complex essential for the energy transition ■ 2023 IDP consists of a pre-feasibility study (PFS) for the Phase 3 and 4 expansions of Kamoa-Kakula, and a preliminary economic assessment (PEA) life-of-mine extension case ■ Phase 3 expansion, to be completed in 2024, increases Kamoa-Kakula’s annual copper production to a ten-year average of 620,000 tonnes of copper, at cash costs (C1)… Read More Here

Mining Careers Mining in Zambia

FQM ZAMBIA BOSS HITS OUT AT MINING JOB SCAMS

January 30, 2023January 30, 2023 arnbethnic

SOLWEZI, ZAMBIA – FQM Zambia’s new Country Manager Dr Godwin Beene has urged job seekers to follow the correct channels for employment applications and warned people not to be duped by fake messages purporting to be from senior company officials. The mining giant is concerned with the number of people swindled out of their hard-earned money over a promise of employment, by criminals pretending to represent the company’s operations at Kansanshi Mine in Solwezi and FQM Trident Mine in Kalumbila. “First Quantum employs thousands of people in Zambia and we have… Read More Here

Mining in DRC Oil & Gas

Didier Budimbu extends the deadline for submitting applications for the 27 oil blocks from April to October 2023

January 30, 2023January 30, 2023 arnbethnic

The application deadline for the 27 oil blocks is extended from April to October 2023, depending on the blocks. This postponement will allow the companies to continue the various technical evaluations essential to the assessment of the offers, reports a press release from the Ministry of Hydrocarbons Resources signed by Minister Didier Budimbu himself. Read More Here

CKM HTML Mailers

For Quality Steel and Roofing Sheets by Macsteel Zambia

January 27, 2023January 28, 2023 arnbethnic

General Steel Products | Tube and Pipe | Special Steels | Fittings and Flangers Click for more details Or visit www.macsteel.co.za Follow CKM with over 53,000 followers on our Linkedin page +243 997 484546 (DRC), +260 760 689669 (ZMB) info@copperbeltkatangamining.online If you have received this newsletter by mistake & don’t wish to receive it anymore kindly Unsubscribe here … Read More Here

Oil & Gas Energy International

Global oil demand would be higher around 101.7 million b/d in 2023, according to the IEA

January 22, 2023January 22, 2023 arnbethnic

The International Energy Agency (IEA) forecasts a significant increase in global oil demand during the year 2023. Indeed, the demand is expected to be around 101.7 million bpd, up 1.9 million bpd compared to previous estimates provided by the Agency. According to an Agency report on the oil market published on Wednesday, January 18, 2023, “this improvement is, in large part, directly linked to the recent relaxation of zero Covid measures in China which has led to a significant increase in the energy consumption and demand.” As far as supply… Read More Here