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Zambia's Roan copper processing plant reached nominal production capacity in early September 2022 1 Mining in Zambia Copper Mineral Processing 

Zambia’s Roan copper processing plant reached nominal production capacity in early September 2022

arnbethnic
Jubilee Metals has been developing a strategy for several years in southern Zambia aimed at producing 12,000 tonnes of copper annually. The Roan Refinery is an essential element in achieving this objective. Mining company Jubilee Metals has made another breakthrough in its Southern Copper Refining strategy to produce 12,000 tonnes of copper annually in Zambia. On Monday, September 5, it announced that its Roan copper processing plant had reached its design capacity of 110 tonnes per hour. Above all, the successful ramp-up of Roan will enable Jubilee to transfer its project development… Read More Here
Zimbabwe announces $2.83 billion deal to locally process several metals, including lithium 2 Lithium Battery Metals International 

Zimbabwe announces $2.83 billion deal to locally process several metals, including lithium

arnbethnic
Zimbabwe is currently the only African country to produce lithium. While Namibia, DRC, Ghana or Mali are preparing to join it, Harare is already exploring other ways to better take advantage of this resource. In Harare on Friday, September 16, the government of Zimbabwe initialed a $2.83 billion memorandum of understanding with Chinese companies Eagle Canyon International Group and Pacific Goal Investment Ltd. The tripartite partnership concerns the construction in the southern African country of an industrial complex spread over 5,000 hectares intended to locally transform several metals including lithium. According to… Read More Here
Namibian Rosh Pinah zinc mine in the process of being sold 3 Zinc International 

Namibian Rosh Pinah zinc mine in the process of being sold

arnbethnic
In a few months, Trevali Mining went from a company with promising growth plans for its zinc mines in Canada, Burkina Faso, but especially in Namibia where it planned to expand its Rosh Pinah mine, to a company on the verge of bankruptcy. Trevali Mining has obtained an order from the Supreme Court of British Columbia authorizing it to initiate a sale and solicitation of investments (SISP) process to divest two zinc assets, including its 90% stake in the Rosh Pinah mine in Namibia. For interested parties, the submission deadline… Read More Here
GoviEx confirms the start of production of the Madaouela uranium mine for 2025 in Niger 4 Uranium International 

GoviEx confirms the start of production of the Madaouela uranium mine for 2025 in Niger

arnbethnic
In 2015, Niger granted a mining permit to GoviEx Uranium for the Madaouela project. 7 years later, the mine has still not entered into construction, in particular due to the low prices and demand observed in recent years. However, the trend has started to reverse. In Niger, Madaouela is expected to go into production in 2025, subject to obtaining financing for the construction works. This was assured by the executive chairman of GoviEx Uranium, owner of the uranium project, on the occasion of the publication on Monday, September 20 of the feasibility study.… Read More Here
Glencore and Sinosteel cases in Cameroon, practical instances of the need for more transparency on extractive contracts 5 International Iron & Steel 

Glencore and Sinosteel cases in Cameroon, practical instances of the need for more transparency on extractive contracts

arnbethnic
(Ecofin Agency) – During the month of May 2022, Cameroon experienced a controversy over an iron mining agreement signed between its government and  Sinosteel , a Chinese multinational. MPs joined by part of civil society denounced this contract and demanded its cancellation, explaining that this agreement was disadvantageous for the country. In an  interview granted  on May 23, 2022 to the BBC Afrique radio channel, the Cameroonian minister in charge of mines denied all the fears raised by public opinion. The government subsequently decided  to publish  the said convention on the official website of the Ministry of Mines, Industry… Read More Here
Aton obtains a bridge loan for its drilling program at the Rodruin gold project in Egypt 6 Gold International 

Aton obtains a bridge loan for its drilling program at the Rodruin gold project in Egypt

arnbethnic
For nearly three years, Egypt has become more attractive to mining investments, thanks to a change in its regulations. The objective of the authorities is to increase the contribution of the Mines to the economy, in particular thanks to gold. Only one gold mine is currently operated in the country. In Egypt, the Canadian mining junior Aton Resources remains well funded to continue its exploration campaign at the Rodruin gold deposit. It obtained a bridge loan of 2 million Canadian dollars ($1.3 million) from Moonrider, with an annual interest rate of 12%. At… Read More Here
How Madagascar intends to become one of the main alternatives to Chinese domination in graphite 7 Graphite International 

How Madagascar intends to become one of the main alternatives to Chinese domination in graphite

arnbethnic
On September 8, 2022, Tirupati Graphite announced the purchase of three mining permits covering 31.25 km² in Madagascar. The latest investment by this company, which already operates two graphite mines in the center of the Big Island, illustrates the attraction that graphite from Madagascar arouses thanks to the explosion in global demand for this product. An interest that could well position the country as a choice alternative to China. In a report published in August 2022, the firm Wood Mackenzie predicts that Africa will become the world’s largest producer of natural graphite… Read More Here
The DRC Chamber of Mines sensitizes companies to participate in the EITI workshop to improve the information quality in their reports 8 Mining in DRC Environment Social Governance (ESG) 

The DRC Chamber of Mines sensitizes companies to participate in the EITI workshop to improve the information quality in their reports

arnbethnic
In her opening remarks, Bernadette Mpundu Mpia, Coordinator of the Chamber of Mines of the Federation of Enterprises of Congo (FEC), sensitized companies to participate in the workshop to strengthen the focal points of provincial and territorial financial authorities as well as extractive companies organized by the Extractive Industries Transparency Initiative (ITIE-RDC) in the city of Lubumbashi in Haut-Katanga. According to Bernadette Mpundu, this activity is very important because it is part of the preparation for the imminent declarations of the data which will be used to draw up the… Read More Here
Opportunities of oil and gas blocks in the DRC, presented to American energy and oil companies 9 Mining in DRC Oil & Gas 

Opportunities of oil and gas blocks in the DRC, presented to American energy and oil companies

arnbethnic
The Minister of Hydrocarbons Didier Budimbu took part on Thursday, September 22, 2022 in the USA-Africa Energy Summit in Houston, more precisely in Texas. This meeting, which brought together African ministers in charge of oil and energy and economic operators operating in the sector, aimed to discuss the future of oil exploitation in the African continent. Opportunity for the Congolese Minister of Hydrocarbons to present to the audience the various opportunities to invest in the Democratic Republic of Congo with the recent tenders for 27 oil blocks and 3 gas blocks.… Read More Here
An NGO denounces kickbacks requested by certain political figures in the DRC (A Press Release by CNPAV) 10 Mining in DRC Environment Social Governance (ESG) Governance Mining Policy 

An NGO denounces kickbacks requested by certain political figures in the DRC (A Press Release by CNPAV)

arnbethnic
The Coalition – Congo is not for sale (CNPAV) remains concerned about the deterioration of the business climate in the country and strongly denounces influence peddling and retro-commissions solicited by certain politically exposed personalities in the country. The CNPAV considers that the video published on September 14, 2022 by Le Temps and OCCRP showing Mr. Vidiye Tshimanga Tshipanda, former adviser to President Felix Tshisekedi in charge of Strategic Issues, soliciting shares in a company that would have liked to settle in the mining sector Congolese, illustrates the contrast between the… Read More Here

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