arnbethnic - Copperbelt Katanga Mining

Written by arnbethnic

Battery and electric vehicle market: members of the DRC government called upon to play their part as quickly as possible

May 16, 2022May 16, 2022 arnbethnic

The Minister of Industry Julien Paluku, during the 53rd meeting of the Council of Ministers, took stock of the significant progress made in the context of the implementation of the recommendations of the DRC Africa Business Forum, especially with regard to the cooperation with States producing electric battery components. According to him, the signing of the joint declaration by the Heads of State of the DRC and Zambia on April 29, 2022 in Lusaka preceded by the signing of the cooperation agreement between the two countries represented by their ministers… Read More Here

Mining in DRC Battery Metals

Demonization of 3T (coltan, cassiterite & tungsten) traceability, Global Witness plays SMB PR agent

May 16, 2022May 16, 2022 arnbethnic

TRIBUNE – With more than 60% of the world’s coltan reserves, the DRC has regained, following significant progress in terms of strengthening the control and transparency of supply chains, its letters of nobility by positioning itself usefully on the market. international 3 T (coltan, cassiterite, tungsten). Since 2017, and the trend continues, it is the first producer of coltan, thus relegating, on the one hand, to the bottom of the scale certain neighboring countries which thus pranced unduly in the lead and giving, on the other hand, a lead to retaliate… Read More Here

Mining in DRC Indepth News New Mining Projects

Ivanhoe Mines first quarter 2022 review of mine construction and exploration activities

May 11, 2022May 11, 2022 arnbethnic

Kamoa-Kakula Copper Mining Complex in the Democratic Republic of Congo sold 51,919 tonnes of payable copper and recognized record revenue of $519.6 million in Q1 2022 The Kamoa-Kakula joint venture recorded record EBITDA of $399.4 million, and operating profit of $380.5 million for Q1 2022 Kamoa-Kakula’s cost of sales total $1.08 per pound of payable copper in Q1 2022, with C1 cash costs trending towards lower end of 2022 guidance at $1.21 per pound Kamoa-Kakula Phase 2 offtake agreements concluded Regional exploration drill campaign commences at the Western Foreland Copper… Read More Here

Mining in DRC Energy Petroleum

Didier Budimbu, The DRC Minister of Hydrocarbons exchanges with oil companies on the storage and supply of petroleum products

May 9, 2022May 9, 2022 arnbethnic

The Congolese Minister of Hydrocarbons, Didier Budimbu, exchanged, this Friday, May 6, 2022, with the heads of various oil companies in the Democratic Republic of Congo (DRC). During this meeting, three points were the subject of the debate between the Minister Didier Budimbu and the heads of the oil companies, namely: • the situation of stocks in the terminals with a view to evaluating the coverage of different products and the arrival program for new tankers, especially Jet A1 for which the situation is critical; • The situation of the… Read More Here

DRC Minister of Mines signs the exploitation permit in favor of AVZ Minerals, What next?

May 9, 2022May 9, 2022 arnbethnic

The Minister of Mines of the Democratic Republic of Congo (DRC), Antoinette N’Samba Kalambayi, has signed an order granting an exploitation permit to the mining company AVZ Minerals for its Manono lithium project. The announcement was made by the Australian mining operator on Wednesday May 4, 2022. With the signing of this decree, he thinks, AVZ Minerals is thus entering a decisive turning point for its plans to materialize this flagship asset, the Manono lithium project. Once the document from the Minister of Mines has been obtained, AVZ Minerals is… Read More Here

Mining in Zambia Copper Nickel

First Quantum Announces Board Approval of US$ 1.25 Billion for the Kansanshi S3 Expansion and Enterprise Nickel Project

May 9, 2022May 9, 2022 arnbethnic1 Comment

First Quantum Minerals Ltd. is pleased to announce that the Company’s Board of Directors has approved the S3 Expansion at the Kansanshi mine and the Enterprise nickel project. “First Quantum has been working constructively with the Government of Zambia’s New Dawn administration as part of their efforts to reform the mining sector, attract investment and increase Zambia’s copper production. The approval of the projects reflects First Quantum’s increased confidence in the investment climate in Zambia,” commented Tristan Pascall, Chief Executive Officer. “The S3 Expansion and the Enterprise nickel project are… Read More Here

Mining in DRC Copper New Mining Projects

Kamoa-Kakula on Track to Become the World’s Third-largest Copper Mining Complex by Q4 2024

May 3, 2022May 3, 2022 arnbethnic1 Comment

Phase 3 expansion to include additional Kamoa 5 million-tonne-per-annum concentrator, adjacent to two new underground mines Kamoa Copper commences earthworks on direct-to-blister smelter; on-site copper metal production expected in Q4 2024 Phase 2 production ramp-up to double annual copper production continues to progress smoothly Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng “Miles” Sun are pleased to announce today, ahead of the Goldman Sachs Copper Day, further details of the Phase 3 expansion at the Kamoa-Kakula Copper Mining Complex in the Democratic Republic of Congo. Phase 3 is… Read More Here