You are here

Written by 

Diamond auction sales increased by 20% in 2022 17 International Diamond 

Diamond auction sales increased by 20% in 2022

arnbethnic
According to the preliminary results of the last of the ten rough diamond auction sessions it organizes each year, the mining company De Beers says that for the tenth stage, the subsidiary of the British mining holding company Anglo American sold for 410 million USD of gemstones against 336 million USD at the same period in 2021. “Demand for our rough diamonds during the last sales cycle of 2022 was in line with expectations, ahead of the normal seasonal closure of polishing factories in southern Africa over the Christmas period,”… Read More Here
The price of tin has almost doubled over one year to 23,724.00 USD per tonne 18 Tin Mining in DRC 

The price of tin has almost doubled over one year to 23,724.00 USD per tonne

arnbethnic
The price of tin has almost doubled over a year and is on the verge of recording its strongest annual increase in more than thirty years (30 years), note experts in the sector. On the international market, tin is trading at 23,724.00 USD per ton on the London Stock Exchange this Monday, December 19, 2022, an increase of around +0.53%. According to some experts, this surge in the price of tin is putting pressure on the sectors of activity that use it as soldering agents. For automakers – where it… Read More Here
Glencore Annual Conference in the Democratic Republic of Congo – Kinshasa 2022 19 Uncategorized 

Glencore Annual Conference in the Democratic Republic of Congo – Kinshasa 2022

arnbethnic
Glencore in the Democratic Republic of Congo organized its 4th annual conference in Kinshasa this Tuesday, December 13, 2022. The theme of this conference is: Glencore, a partner for the energy transition and for the sustainable development of the DRC, was attended by representatives of the National Assembly elected from Lualaba, province which hosts Glencore’s activities in the DRC, representatives of the government, the Presidency of the Republic, and public institutions of the DRC, representatives of diplomatic missions, representatives of civil society, experts from the mining sector, economic operators as well as… Read More Here
Critical Metals now increases its stake in the Molulu copper-cobalt mine to 70% 20 Mining in DRC Battery Metals 

Critical Metals now increases its stake in the Molulu copper-cobalt mine to 70%

arnbethnic
The British mining company Critical Metals formalized on Monday December 19 the takeover of Madini Occidental Ltd, a shareholder company in the Molulu copper-cobalt mine. That 100% stake now gives Critical a 70% stake in Molulu, up from 55% previously, agencyecofin.net reports. “We are absolutely delighted that Madini Minerals has accepted our offer to acquire the remaining 21.5% of Madini Occidental Ltd . This new ownership structure will significantly increase shareholder value as demand for copper and cobalt continues to increase,” said Critical Metals CEO Russell Fryer. By the end of 2022,… Read More Here
Ivanhoe Mines responds to The Sentry report and Globe and Mail article impugning Ivanhoe’s business conduct in the DRC 21 Press Release Environment Social Governance (ESG) Mining in DRC 

Ivanhoe Mines responds to The Sentry report and Globe and Mail article impugning Ivanhoe’s business conduct in the DRC

arnbethnic1 Comment
Ivanhoe Mines has issued this response today to a misleading and sensationalist “report” from an activist organization based in the United States, called The Sentry (Sentry), and an associated article in the Canadian Globe and Mail newspaper. The Sentry report, and a subsequent story by Globe and Mail reporter Geoffrey York that was published on December 15, 2022, include incomplete, selective and speculative content pertaining to Ivanhoe Mines’ business activities in the Democratic Republic of Congo (DRC), and mineral exploration investments on its Western Foreland Exploration Project. Both reports are… Read More Here
Travel diary of the DRC Minister of Mines in the land of the rising sun Japan. 22 Mining in DRC International 

Travel diary of the DRC Minister of Mines in the land of the rising sun Japan.

arnbethnic
The stay of the Minister of Mines, Antoinette N’Samba Kalambayi in Japan was rich in activities. Antoinette N’Samba Kalambayi at the head of the Congolese delegation, spoke with a delegation from the Toyota Tshusho company on Thursday, December 8, 2022 at The Westin Tokyo hotel. In addition to the exchanges, the number 1 of the mines paid a visit to Hitachi Machinery where the mining and construction machines are manufactured. In the land of the rising sun, the Be to Be was organized focusing on business opportunities with the Congolese… Read More Here
Antoinette N'Samba Kalambayi received the list of strategic minerals for Japanese investment in the DRC 23 Mining in DRC 

Antoinette N’Samba Kalambayi received the list of strategic minerals for Japanese investment in the DRC

arnbethnic
On Wednesday December 7, 2022, a business lunch in a Japanese restaurant brought together around a table the Congolese delegation, led by the Minister of Mines, Antoinette N’SAMBA KALAMBAYI and officials from the Natural Resources Agency and Fuels as well as those of JOGMEC , structures under the supervision of the Japanese Ministry of Economy, Trade and Industry, METI in acronym. After the welcome speech by the Director General of the Natural Resources and Fuels Agency, Mr YUKI SADAMITSU, it was time for discussion. Mr YUKI SADAMITSU presented the list… Read More Here
The Chinese group CMOC continues to refute the accusations of underestimating TFM's copper reserves 24 Environment Social Governance (ESG) Mining in DRC 

The Chinese group CMOC continues to refute the accusations of underestimating TFM’s copper reserves

arnbethnic
Chinese group CMOC has hit back at what it called “savage overcharging” by Congolese state-owned mining company Gécamines, which is seeking compensation for increased copper and cobalt reserves at its Tenke Fungurume mine in the country. . Congo suspects CMOC of having underestimated the mine’s reserves to reduce the amount of royalties it pays to Gécamines, which owns 20% of Tenke Fungurume Mining (TFM). CMOC, formerly known as China Molybdenum, denies doing so. The dispute between the two shareholders began in August 2021 when CMOC announced plans to invest $2.5 billion… Read More Here
COMINIERE requests the postponement of the decrees waiving PR13359 for several violations and fraud by AVZ 25 Environment Social Governance (ESG) 

COMINIERE requests the postponement of the decrees waiving PR13359 for several violations and fraud by AVZ

arnbethnic
COMINIERE SA, as a partner of DATHCOM and a State portfolio company, seized the Ministry of Mines on the 6th of the current month by its letter referenced CEM/DG/138/ckk/2022, accusing AVZ of having renounced part of PR13359 to transform it into PE13359. COMINIERE has asked the Ministry of Mines to postpone the decrees on the partial waiver of PR no. 13359. While brandishing the Dathcom Joint Venture Agreement, COMINIERE revealed in this letter a large number of violations by AVZ, which resulted in the non-issuance of the MOU for Dathcom. The… Read More Here

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

Copperbelt Katanga Mining will use the information you provide on this form to be in touch with you and to provide updates and marketing.