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DRC government intends to stop subsidizing large mining companies in particular following the crisis affecting the oil sector 19 Mining in DRC Oil & Gas Petroleum 

DRC government intends to stop subsidizing large mining companies in particular following the crisis affecting the oil sector

To contain the crisis that has shaken the oil sector since the start of the Russo-Ukrainian conflict, the government plans to stop subsidizing mining companies in particular. Finance Minister Nicolas Kazadi had expressed to elected officials his fears about the increase in the debt due to oil companies in terms of loss of earnings as part of their work exercise. This subsidy may increase to more than 400 million USD for the current year in order to keep the price of petroleum products stable, while the budget available for these subsidies is… Read More Here
The DRC maintains the production of 26,000 barrels per day, the project to launch calls for tenders from 16 oil blocks officially adopted  20 Mining in DRC Oil & Gas Petroleum 

The DRC maintains the production of 26,000 barrels per day, the project to launch calls for tenders from 16 oil blocks officially adopted 

The file related to the project to launch calls for tenders on oil blocks open to exploration in the various sedimentary basins of the Democratic Republic of Congo was approved this Friday, April 8 at the 48th meeting of the Council of ministers. This, after its presentation by the Minister of Hydrocarbons Didier Budimbu. He specified that this allocation of hydrocarbon rights aims at the production of the oil resources of the Democratic Republic of Congo with a view to improving State revenue on the one hand and increasing national production… Read More Here
CSI Mining | CKM HTML Mailer (April 2022) 21 CKM HTML Mailers Mining technology 

CSI Mining | CKM HTML Mailer (April 2022)

           Sponsored Content     CSI was established in 1993 to manufacture and supply acid and corrosion-resistant products into the base metal refinery sector ,with a proven track record of more than 30years in the industry, we are still going strong by providing quality products to our customers. The landscape and industry have changed dramatically overt time and CSI has had to adapt and be   innovative in this ever-changing environment. We can proudly state that we have kept our market share and planning to acquire… Read More Here
Extinction Rebellion movement calls for no oil exploitation in Virunga National Park in DRC 48 Oil & Gas Environment Social Governance (ESG) Exploration 

Extinction Rebellion movement calls for no oil exploitation in Virunga National Park in DRC

The Extinction Rebellion climate movement, section of the territory of Rutshuru (North Kivu), asks the local population of the Virunga National Park to stand up as one man to say no to any oil exploitation and or exploration project . This call is part of the Fossil Free Virunga campaign initiated by the climate movement 350.Org  “Our commitment in the Fossil Free Virunga campaign is to awaken the conscience of local communities so that they understand that there is an urgency to stand up and say no to any oil exploitation… Read More Here
WR810 Delivery loading 2021 Underground Mining Mining Equipment Sponsored Content 

New delivery for Elphinstone WR810 Fleet­

The Elphinstone range of WR810 underground support vehicles is designed to thrive in the harshest underground hard rock mining environments. The new WR810 Delivery with crane adds another support application to Elphinstone’s expanding underground support fleet. Choosing the right support vehicle for an underground mining operation can significantly increase the productivity of the production fleet and reduce operational costs. The WR810 is a highly configurable, 10-tonne nominal base platform, comprising a scissor lift, agitator (6m3), fuel and lube truck, and water cannon. According to Elphinstone’s Sales and Support Representative for Southern… Read More Here
Nava Bharat, parent company of Maamba Collieries plans $100 million investment in phased manner 66 Coal Mining in Zambia 

Nava Bharat, parent company of Maamba Collieries plans $100 million investment in phased manner

Paloncha based Nava Bharat Ventures Limited (NVBL) which is celebrating its golden jubilee year of its formation is gearing up to invest 100 million US dollars to further its operations, informed the company Chief Executive Officer (CEO) Ashwin Devineni. Established in 1972 as an Indian Ferroalloys manufacturer, the company is now a multinational firm operating in India, South East Asia and Africa. The company successfully completed 50 years in the industry and is aiming further its organic and inorganic growth. Nava Bharat currently produces over 2,00,000 tons of Ferroalloys each… Read More Here
Fresh evidence filed against mining company on behalf of over 100,000 victims | Kabwe lead poisoning 67 Environment Social Governance (ESG) Mining in Zambia 

Fresh evidence filed against mining company on behalf of over 100,000 victims | Kabwe lead poisoning

Two law firms are pursuing a class action lawsuit against mining giant Anglo American South Africa High levels of lead were found in the blood of thousands of children living around the Kabwe mine in Zambia, according to evidence submitted by human rights lawyers in the South Gauteng High Court March 15.  The reports by medical and environmental experts will strengthen the case against mining giant Anglo American South Africa Ltd for allegedly causing widespread lead poisoning around the site. The local population has been suffering lead poisoning for generations and… Read More Here

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