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A new business hub in North-Western Province 1 Mining in Zambia Environment Social Governance (ESG) 

A new business hub in North-Western Province

What does the new Kalumbila MFEZ mean for businesspeople, and Zambia’s economy? Kalumbila Town was designated a Multi-Facility Economic Zone (MFEZ) on 16 September 2022, in order to fast-track economic development in North-Western Province. Naturally, Zambians will want to understand who will benefit from this decision. Mining For Zambia asked the superintendent of the Kalumbila Town Development Corporation and two Zambian business owners to explain what an MFEZ is and, ultimately, what it will do for businesspeople and Zambia’s economy. What is a Multi-Facility Economic Zone (MFEZ)? An MFEZ is a specifically designated… Read More Here
OPINION: Glencore’s Leadership Must be Held Accountable for Company’s Corrupt Behavior (By NJ Ayuk) 2 Governance Environment Social Governance (ESG) 

OPINION: Glencore’s Leadership Must be Held Accountable for Company’s Corrupt Behavior (By NJ Ayuk)

Glencore International A.G. and its subsidiaries bribed officials in seven countries for more than a decade After U.S. energy company Enron made global headlines in the early 2000s for accounting and corporate fraud, attention quickly shifted to the decision-makers behind the company’s actions. Ultimately, Enron executives Kenneth Lay, Jeffrey Skilling, and Andrew Fastow were convicted on federal felony charges. That was the appropriate response. When corporations engage in illegal behavior, the people responsible should face repercussions — and they often do. Why, then, have the executives at Switzerland-headquartered commodities and… Read More Here
Honorable Olivier Mwenze Mukaleng of Democratic Republic of Congo to Attend Africa Oil Week 2022 3 Mining Personality Mining in DRC 

Honorable Olivier Mwenze Mukaleng of Democratic Republic of Congo to Attend Africa Oil Week 2022

Africa Oil Week (www.Africa-OilWeek.com) is proud to announce Hon. Olivier Mwenze Mukaleng is set to attend Africa Oil Week. The Minister of Water Resources & Electricity for the Democratic Republic of Congo is attending the leading Oil and Gas event – held in heart of Cape Town. Organised by Hyve Group Plc., Africa Oil Week is the Home of the African Upstream, and this unmissable event will bring leading energy stakeholders together on the 3-7 October in Cape Town under the theme: Sustainable Growth in a Low Carbon World.  We’re honoured… Read More Here
Establishment of a commission to demilitarize artisanal mining sites in Haut-Katanga 4 Copper Artisanal mining Mining in DRC 

Establishment of a commission to demilitarize artisanal mining sites in Haut-Katanga

The provincial authorities of Haut-Katanga – the DRC’s capital of copper – decided, during a security council held on Tuesday, September 21, 2022, to set up an inter-service commission to demilitarize the artisanal mining quarries in this part of the Republic. Democratic Republic of the Congo. On behalf of the provincial government of Haut-Katanga, the provincial minister of interior and security acknowledged that despite the provincial executive’s ban, the military is still visible in artisanal mining quarries. “About the demilitarization of artisanal mining quarries, an inter-services commission will go to… Read More Here
Pistis Bononge Tokole officially takes over Sokimo GM 5 Mining in DRC 

Pistis Bononge Tokole officially takes over Sokimo GM

The new general manager of the Minière de Kilo moto, Pistis Bononge Tokole has officially taken over the reign of this Congolese state-owned company working in the mining sector. The handover and recovery ceremony took place this Thursday, September 22, 2022, in the presence of the outgoing general manager and the few officials of this mining company. Speaking at this event, the new Director General wanted to thank the President of the Democratic Republic of Congo for having thought of his august person, before promising to be able to take… Read More Here
Kagem emerald mine employs its first female heavy equipment operators  6 Mining in Zambia Emeralds Gemstones 

Kagem emerald mine employs its first female heavy equipment operators 

LUFWANYAMA, ZAMBIA – Four Zambian women have taken their seats behind the wheel of heavy equipment trucks at the Kagem emerald mine in Lufwanyama – the first women to take on the traditionally male-dominated job at the mine. The move is the latest development at the world’s single largest producing emerald mine, which prides itself on producing responsibly sourced gemstones under its ethos of transparency, legitimacy, and integrity. “We welcome our newest recruits to the mine and are confident they will perform well as part of our team of hard-working operatives who… Read More Here
Copper prices fall despite signs of looming crucial metal shortage 7 Copper International 

Copper prices fall despite signs of looming crucial metal shortage

A Great Copper Squeeze Is Coming for the Global Economy The recent downturn for copper prices only stands to worsen a coming deficit as the slump discourages new investments for the metal used in EVs and power grids. The price of copper — used in everything from computer chips and toasters to power systems and air conditioners — has fallen by nearly a third since March. Investors are selling on fears that a global recession will stunt demand for a metal that’s synonymous with growth and expansion. You wouldn’t know it from… Read More Here
An economist calls for accelerated efforts to localise mineral processing in Botswana 8 International Copper Mineral Processing 

An economist calls for accelerated efforts to localise mineral processing in Botswana

Top economist, Naledi Madala of Absa Bank Botswana has called on Government budgeting to reflect serious and deliberate intentions to fast track mineral beneficiation in Botswana. Speaking at this year’s Budget Pitso held in Gaborone on Tuesday, Mrs Naledi Madala said mineral beneficiation in Botswana has been a talk for years, noting that albeit efforts in the diamond space, very little has been done in other mineral sub-sectors such as coal and copper. “There was a lot of talk about mineral beneficiation around 2012 – 13, but that topic has… Read More Here
SRK’s teamwork benefits firms in DRC 9 Mining in DRC Environment Social Governance (ESG) 

SRK’s teamwork benefits firms in DRC

Bringing its technical expertise together with language and cultural understanding, SRK Consulting has been able to offer greater support to companies from China operating in the Democratic Republic of Congo (DRC). SRK’s office in the DRC – based in the mining hub of Lubumbashi – recently launched a collaborative initiative with SRK practices in China and South Africa. By working more closely, these offices have been able to optimise service levels for China-based clients. Recent years have seen a steady increase in the number of Chinese owned mining companies operating… Read More Here
A tonne of Cobalt Slightly up to 51,267.00 USD this week. 10 Cobalt Mining in DRC 

A tonne of Cobalt Slightly up to 51,267.00 USD this week.

The general trend in the prices of the main mining export products of the Democratic Republic of Congo is upward for the period from August 19 to 24, 2022. This is at least what the projections of experts from the National Commission of Mercurials indicate. of the Ministry of Foreign Trade. According to this document, the price of cobalt should record a slight increase this week to sell at 51,267 USD per tonne against 51,265 USD per tonne last week, an increase of 2 USD. On the London Stock Exchange,… Read More Here

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