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CSOs in DRC demands the rebalancing of mining contracts for Tenke Fungurume, Sicomine and Sachim 1 Environment Social Governance (ESG) Mining in DRC 

CSOs in DRC demands the rebalancing of mining contracts for Tenke Fungurume, Sicomine and Sachim

arnbethnic
At the end of the mines and hydrocarbons week held in Kinshasa from Tuesday November 29 to Friday December 02, 2022, some forty civil society organizations, grouped together within a synergy of action for the protection, monitoring and citizen control of the natural resources of the Democratic Republic of Congo, made recommendations to take advantage of the various opportunities and meet the challenges facing the DRC.  After the Congolese government recovers assets from Ventora, civil society turns the page on Gertler and focuses on other cases. As a result, it calls… Read More Here
Anglo American partners with Wits University to transform the Johannesburg Planetarium into a world-class digital hub for public benefit 2 Environment Social Governance (ESG) Corporate social responsibility International 

Anglo American partners with Wits University to transform the Johannesburg Planetarium into a world-class digital hub for public benefit

arnbethnic
Anglo American and the University of the Witwatersrand (“Wits”) yesterday launched a partnership to refurbish, expand, and digitalise the 62-year-old Johannesburg Planetarium into a modern, multidisciplinary research, training, and science education hub. The refurbishment of the historical Johannesburg Planetarium into the new Wits Anglo American Digital Dome will support efforts towards digitalisation and the regeneration of the City of Johannesburg as a smart city. Designed by leading Artificial Intelligence (AI) researchers, scientists, digital artists and quantum computing engineers, the Digital Dome will enable university students and the broader public to… Read More Here
ERG and Gécamines restart operations at Boss Mining in the DRC 3 New Mining Projects Mining in DRC Press Release 

ERG and Gécamines restart operations at Boss Mining in the DRC

arnbethnic
The phased restart of Boss Mining will commence with the processing of the historically mined Kiwana fines at its Luita concession, paving the way for further development Eurasian Resources Group (ERG) and its joint-venture partner, La Générale des Carrières et des Mines (Gécamines), celebrated the kick-off of the restart of operations at Boss Mining with a ceremony held at its concession on 23 November 2022. Boss Mining, located in the Lualaba and Haut-Katanga provinces of the Democratic Republic of the Congo (DRC), has a long history of copper and cobalt… Read More Here
Mining cooperatives in Haut-Katanga, denounce the invasion of their sites 4 Mining in DRC Environment Social Governance (ESG) Mining Policy 

Mining cooperatives in Haut-Katanga, denounce the invasion of their sites

arnbethnic
Artisanal miners in Haut-Katanga have been denouncing the invasion of their mining sites for nearly a month. However, they specify, they hold contracts of these mining squares in good and due form. In an update made on Saturday in Lubumbashi, the Fundi Mining company, for example, located near Mwandigusha, nearly 70 kilometers from the town of Likasi, said it was surprised by the presence of a strong team of soldiers and police sent and explaining that they came on behalf of the provincial Ministry of Mines in Haut-Katanga, and invaded this… Read More Here
Glencore reaches agreement with the Democratic Republic of Congo over past conduct 5 Environment Social Governance (ESG) Governance Mining Policy 

Glencore reaches agreement with the Democratic Republic of Congo over past conduct

arnbethnic
Glencore has reached an agreement with the Democratic Republic of Congo (“DRC”) covering all present and future claims arising from any alleged acts of corruption by the Glencore Group in the DRC between 2007 and 2018 (“Agreement”). This includes activities in certain Group businesses that have been the subject of various investigations by, amongst others, the United States Department of Justice (“DOJ”) and the DRC’s National Financial Intelligence Unit and Ministry of Justice. Under the Agreement, Glencore International AG, on behalf of its Congolese-associated companies, will pay the DRC US$180… Read More Here
Increased by 61.2%, the volume of exports of mining and hydrocarbon products from the DRC estimated at 21.9 billion USD in 2021 6 Mining in DRC Mining tax 

Increased by 61.2%, the volume of exports of mining and hydrocarbon products from the DRC estimated at 21.9 billion USD in 2021

arnbethnic
The volume of exploitation of mining and hydrocarbon products recorded a jump of around 61.2% during the year 2021 compared to the year 2020. Indeed, exports of mining and hydrocarbon products are estimated at 21.9 billion USD. Among the mining products having impacted the year 2021, there is in particular copper and cobalt, the prices of which recorded respective increases of 51.0% and 43.6%, due to the strong demand within the automotive industry under the influence of the energy transition. In volume, copper, cobalt and gold exports increased by 12.2%,… Read More Here
MAAMBA COLLIERIES LTD. WINS  ZACCI AWARD FOR  SUSTAINABLE WORKFORCE IN ZAMBIA 7 Coal Environment Social Governance (ESG) Mining in Zambia 

MAAMBA COLLIERIES LTD. WINS  ZACCI AWARD FOR  SUSTAINABLE WORKFORCE IN ZAMBIA

arnbethnic
LUSAKA, ZAMBIA – Maamba Collieries Limited has been recognised by the Zambia Chamber of Commerce and Industry (ZACCI) for its best practices in managing its workforce and resilience during the pandemic. Under the theme “Business Resilience, Using Disruptions to Bounce Back”, ZACCI recognised MCL’s sustainable workforce and resilience through innovation as key factors in building a positive dynamic industry that generates a supportive work environment promoting well-being, worker attitudes and increased efficiency in the use of resources. Maamba Collieries Chief Executive Officer Lt Col Cyrus Minwalla (Retd) said the company was… Read More Here
Lithium price to retreat from record as electric car sales slow 8 Lithium Battery Metals International 

Lithium price to retreat from record as electric car sales slow

arnbethnic
Extracting lithium involves pumping underground water deposits to the surface and then extracting the metal from evaporation pools. (Stock image.) Healthy demand from battery manufacturers and shortages have propelled lithium prices to records, but rising supplies and China removing subsidies for electric vehicles mean a retreat is on the cards. Battery grade lithium prices trading near $85,000 a tonne are more than double the levels seen at the start of 2022 and four times the levels seen in September 2021. China, which bought one of every two electric vehicles sold… Read More Here
Glencore pays $180 million to the DRC to settle corruption claims 9 Mining in DRC Environment Social Governance (ESG) Governance 

Glencore pays $180 million to the DRC to settle corruption claims

arnbethnic
Miner and commodities giant Glencore (LON: GLEN) said on Monday it will pay the Democratic Republic of Congo $180 million to settle all alleged corruption claims in the country between 2007 and 2018. The Swiss firm said the latest deal covers all activities that have been the subject of probes by the DRC’s National Financial Intelligence Unit and Ministry of Justice, and the United States Department of Justice over the 11-year period. This includes the company’s payment of $27.5 million in bribes to the DRC between 2010 and 2013. “Glencore is a long-standing investor… Read More Here
Discovery of pyrochlore, a mineral more expensive than coltan, looted by Rwanda and Uganda from the DRC 10 Coltan Mining in DRC 

Discovery of pyrochlore, a mineral more expensive than coltan, looted by Rwanda and Uganda from the DRC

arnbethnic
More than 120 people were killed by the M23 rebels during the massacre of November 29, in Kishishe, a locality of Rutshuru territory (North Kivu) in the eastern Democratic Republic of Congo. The Congolese government is furious, accusing the Kigali regime of supporting the M23 to unfairly occupy its territories. According to Julien Paluku, the DRC Minister of Industry, the progression of the M23 in Kishishe aims to control natural resources of the Mining and Industrial Company of Kivu (SOMINKI) to extract minerals from the Congo, specifically pyrochlore which contains niobium,… Read More Here

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