arnbethnic - Copperbelt Katanga Mining

Written by arnbethnic

Manganese batteries market may face deficit in 2024

January 7, 2023January 9, 2023 arnbethnic

An essential component of the steel-making process, manganese has played an increasing role in the battery market. (Stock Image) The high-purity manganese market may face a deficit as early as 2024, according to people in the industry heard by MINING.COM. An essential component of the steel-making process, manganese has played an increasing role in the battery market. The metal sulphate is an important stabilizing ingredient in the cathodes of batteries widely used in electric vehicles and electronics. Volkswagen, Mercedes, Tesla, and GM are among the companies that have announced intentions… Read More Here

Electricity Mining in Zambia

Mozambican Firm To Export Electricity To Zimbabwe, South Africa and Zambia

January 7, 2023January 7, 2023 arnbethnic

Mozambique’s Electridade de Moçambique (EDM) plans to increase power exports to other Southern African Development Community (SADC) countries. Speaking to the AIM news agency, EDM chairman Marcelino Gildo Alberto said that power exports to the region currently represent 22 per cent of EDM’s annual revenues. The Macao News quoted Alberto as saying: The southern African region is in crisis. South Africa is short of power, Zimbabwe the same, Zambia too, and recently we learned that Tanzania is starting to have problems. So, we are going to take advantage of this situation… Read More Here

International Gold

Barrick’s Merger with Nevada Gold Mines Mission accomplished

January 7, 2023January 9, 2023 arnbethnic

The successful merger of two different sets of assets, systems, people and practices into the fully integrated Nevada Gold Mines (NGM) has been a classic case of the whole exceeding the sum of its parts, says Mark Bristow. Bristow, the chairman of NGM and president and CEO of majority-owner Barrick, says the combination of Barrick’s Nevada assets’ reserves and grades with Newmont’s infrastructure has delivered industry-leading growth and performance. In the three years since the establishment of the joint venture, it has produced 10 million ounces of gold (on a… Read More Here

International Battery Metals

India Identifies two Lithium and one Copper mine in Argentina for a Possible Acquisition

January 7, 2023January 9, 2023 arnbethnic

The Indian government has proclaimed that they have identified two lithium mines and one copper mine in Argentina and they are moving forward to acquiring it or taking long term lease. The government of India said that they had sent a team of geologists to Argentina to assess and find potential lithium deposits in the month of November 2022. They have been able to identify a possible source of lithium and copper deposits in the south American country.A Very Significant Achievement:Khanij Bidesh India Ltd. (Kabil) will have ownership or leasing… Read More Here

International Governance

Talks stagnate between First Quantum and Panama over tax credits and legal rights, sources say

January 7, 2023January 7, 2023 arnbethnic

Talks between Canadian copper miner First Quantum Minerals Ltd. and the government of Panama have stagnated once again, with both parties in a logjam over tax credits and legal rights. Two sources familiar with the talks said the main points of contention have to do with a tax credit on ore depletion, and another credit related to the massive capital investment already made by First Quantum in Panama. The Vancouver-based miner spent US$6.8-billion building the Cobre Panama mine, which started production in 2019. Other sticking points relate to First Quantum’s… Read More Here

Mining Supply Tenders Mining in Zambia

Request for Proposals for Potential Greenfield and Brownfield Projects | Zambia

January 5, 2023January 5, 2023 arnbethnic

African Tender Notice | Zambia Announcement Date: 30 Dec 2022 Tender Description: Invitation for proposals from local and international companies to partner with a Zambian mining company in prospective Copper, Cobalt, Gold, Nickel, and Lithium tenements for development. The prospective projects can range from Greenfield to Brownfield. Deadline: 14 Feb 2023 Click to access full tender detail Source: africantender.deals Read More Here

Economy Mining in DRC

The DRC accelerates the process of launching its development bank

January 1, 2023January 1, 2023 arnbethnic

The Ministry of Finance has entrusted the FINACTU Group with the mission of supporting it in the operationalization of the Development Bank of the DRC. This Bank will aim to support the growth of the national economy by improving access to financing for Congolese companies and financing structuring public and private projects. It will make it possible to act on the consolidation of the role of the State in the creation of an ecosystem capable of making a real contribution to the development of the country. Founded in 1999, FINACTU – made… Read More Here