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Copper prices rise again this week to more than 8,000 USD per ton (Mercuriales) 1 Copper Mining in DRC 

Copper prices rise again this week to more than 8,000 USD per ton (Mercuriales)

arnbethnic
Commodity prices show a general upward trend, in the week from August 22 to 26, 2022, for the main mining export products of the Democratic Republic of Congo, according to projections by experts from the National Mercurial Commission. Copper is trading this week at 8,002 USD per tonne against 7,850.50 USD per tonne last week, giving a positive price difference of 151.95 USD. Zinc is also up this week at 3,705.85 USD per tonne against 3,538.60 USD per tonne last week, a positive price difference of 167.25 USD. Tin is… Read More Here
Kagem renews support for the Copperbelt University<br> 2 Mining in Zambia Emeralds Environment Social Governance (ESG) 

Kagem renews support for the Copperbelt University


arnbethnic
KITWE, ZAMBIA – Further consolidating its goal of providing support for the most critical social sectors in Zambia, such as education, Kagem Mining Ltd has signed a Memorandum of Understanding (MoU) with the Copperbelt University (CBU) to ensure its continued support for the university through a scholarship programme, amongst other forms of assistance. Through the MoU, Kagem will provide scholarships to students from CBU’s School of Mines and Mineral Sciences that will cover tuition fees, medical, upkeep and book allowances, while also providing the university with staff assistance, equipment, consultancy, industrial projects,… Read More Here
KIPAY Energy challenges itself to produce more than 160 Mw in Haut-Katanga, DRC 3 Mining in DRC Energy 

KIPAY Energy challenges itself to produce more than 160 Mw in Haut-Katanga, DRC

arnbethnic
The Congolese company KIPAY Energy has set itself the challenge of producing more than 160 Megawatts in a solar-hydroelectric hybrid system, in the province of Haut-Katanga. This ambitious project led by a Congolese, Eric Monga Sombe Sombe, should help reduce the energy deficit in this mining province of the Democratic Republic of Congo. The investment is valued at over US$400 million. This project will contribute to economic development, social well-being and the protection of forests and biodiversity. The investment period for this project is 30 years, with 30% equity and 70% debt. The… Read More Here
A summit on the industrialization of southern Africa held in the DRC 4 Mining in DRC Mining Policy 

A summit on the industrialization of southern Africa held in the DRC

arnbethnic
A dozen Heads of State of the Economic Community of Southern African States (SADC) held a summit on Wednesday in Kinshasa on the industrialization of the sixteen member countries of the sub-region, called upon to develop their own “value chains”, noted an AFP team. The theme chosen was: “Promoting industrialization through agro-processing, mineral beneficiation and the development of regional value chains with a view to achieving inclusive economic growth”. “There is no one outside of Africa who will come and build Africa the way we want it to be built,”… Read More Here
Fresh projects are needed for mining to meet demand 5 International 

Fresh projects are needed for mining to meet demand

arnbethnic
Times are good for the mining sector, but more exploration and mine development is vital if it is to keep up with future demand – for battery minerals in particular. With the focus now on minerals that can build a low-carbon future, Ralf Hennecke, Managing Director of Omnia Group company BME, has emphasized a commodity pipeline that is falling short. “Greenfield projects to boost the production of key commodities are scarce,” he said. “Minerals like nickel, copper, cobalt and platinum group metals are likely to experience supply shortages in the… Read More Here
Ivanhoe Mines achieves operating profits of around USD 253 million in DRC and SA 6 New Mining Projects Mining in DRC News in Brief 

Ivanhoe Mines achieves operating profits of around USD 253 million in DRC and SA

arnbethnic
The Canadian mining firm Ivanhoe Mines recorded, in the second quarter of 2022, a record profit of around 351.5 million US dollars from the mining projects carried out in the Democratic Republic of Congo (DRC) and in the Republic of South Africa. According to the related report, 253.1 million USD were made in the Democratic Republic of Congo (DRC) as profits. For Kamoa-Kakula alone, a mining complex operated in the DRC by the Kamoa Copper company, Ivanhoe Mines announced the sale to a volume of 85,794 tons of copper bringing… Read More Here
Blasting’s role in making mining more sustainable 7 Blasting & Drilling Explosives International 

Blasting’s role in making mining more sustainable

arnbethnic
Technology in blasting – alongside advanced low carbon emission emulsion explosives – are helping pave the way on mining’s sustainability journey. “The digital age has given us the opportunity to leverage the quality of our people, products and service – to optimise blast technology,” said BME Managing Director Ralf Hennecke. “Building on the flexibility and accuracy of electronic detonation, our digital tools can make mining more efficient and less carbon intensive.” By collaborating with customers and technology partners, BME has developed solutions that can enhance output and are easily integrated… Read More Here
Doors to mining opened by women engineers and scientists 8 International Environment Social Governance (ESG) 

Doors to mining opened by women engineers and scientists

arnbethnic
Women working as consulting engineers and scientists are opening doors of opportunity in mining, breaking down discriminatory attitudes and creating role models for the future. According to Vis Reddy, managing director of SRK Consulting, the consulting engineering sector has been an important contributor to gender transformation in mining. “The growing number of women in SRK Consulting who occupy senior professional and leadership positions helps to set benchmarks in the sector,” said Reddy. “We hope to be sending out the right message of gender equality, as industry sees the critical role… Read More Here
Ivanhoe Mines Issues Second Quarter 2022 Financial Results, Review of Mine Construction & Exploration Activities 24 Mining in DRC Copper Indepth News New Mining Projects 

Ivanhoe Mines Issues Second Quarter 2022 Financial Results, Review of Mine Construction & Exploration Activities

arnbethnic
JOHANNESBURG, SOUTH AFRICA – Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) President Marna Cloete and Chief Financial Officer David van Heerden are pleased to announce the financial results for the three and six months ended June 30, 2022. Ivanhoe Mines is a leading Canadian mining company developing and expanding its four principal mining and exploration projects in Southern Africa: the Kamoa-Kakula Mining Complex in the Democratic Republic of Congo (DRC), which commenced commercial production in July 2021; the Platreef palladium, rhodium, nickel, platinum, copper and gold discovery in South Africa; the… Read More Here

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