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Provisional liquidator of Zambia’s Konkola Copper Mines, Milingo Lungu resigns 18 Mining in Zambia Copper Governance 

Provisional liquidator of Zambia’s Konkola Copper Mines, Milingo Lungu resigns

arnbethnic
The provisional liquidator of Zambia’s Konkola Copper Mines (KCM), a company over which Vedanta Resources and the government have been locked in a long dispute, Milingo Lungu has resigned. Lungu has resigned from his position as Konkola Copper Mines Plc Provisional Liquidator with immediate effect. According to his resignation letter dated March 17, 2022 and addressed to KCM official receiver Natasha Kalimukwa, Lungu did not give any reasons for his decision. “This serves to inform you that I have with immediate effect resigned as Provisional Liquidator of Konkola Copper Mines… Read More Here
Félix Tshisekedi summons public companies including SNEL and REGIDESO to digitize their financial systems 19 Mining in DRC Economy Governance 

Félix Tshisekedi summons public companies including SNEL and REGIDESO to digitize their financial systems

arnbethnic
The President of the Republic Félix Tshisekedi summons public companies to comply with the digital system for optimized management to improve their performance on many indicators. On this subject reports the minutes of the 45th meeting of the Council of Ministers, he instructed the Minister of State, Minister of Portfolio assisted by the Minister of Digital to ensure that all State portfolio companies can produce and implement suitable roadmaps for their respective digital transformation with a priority on everything related to their finances. “Specifically with regard to the national electricity company… Read More Here
A delegation from the DRC Presidency visits Kinsevere MMG 20 Mining in DRC Copper Environment Social Governance (ESG) 

A delegation from the DRC Presidency visits Kinsevere MMG

arnbethnic
On March 14, 2022, Kinsevere hosted a delegation from the Office of the Head of State of the DRC and Gécamines to assess the public-private partnership between Gécamines and MMG. Kinsevere has a farm-out contract with Gécamines for 3 mining permits which are currently in progress. The delegation was made up of 6 people, 4 from the Presidency and 2 from Gécamines. Mrs. Annie Maboya and Mr. Jean de Dieu Bangana, Advisors to the Director of Cabinet of the Head of State in charge of the portfolio, Mr. Jean-Claude Mukanya – Advisor… Read More Here
US sanctions Alain Goetz, the powerful Belgian gold dealer for funding DRC insurgency 21 Mining in DRC Environment Social Governance (ESG) 

US sanctions Alain Goetz, the powerful Belgian gold dealer for funding DRC insurgency

arnbethnic
The US Department of Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned Belgian gold dealer Alain Goetz. OFAC has also sanctioned companies linked to Goetz, who are believed to be involved in the illicit movement of gold from the DRC. The body says 90% of the DRC’s gold is smuggled to regional states, including Uganda and Rwanda. The United States on Thursday imposed sanctions on Belgian businessman Alain Goetz and a network of companies tied to him that it accused of being involved in the illicit movement of gold from the Democratic Republic of the… Read More Here
Africa praises Zambia's late ex-president Rupiah Banda 22 Mining in Zambia Governance 

Africa praises Zambia’s late ex-president Rupiah Banda

arnbethnic
Zambians are somber as they prepare to silence their former (fourth) Republican President, Rupiah Bwezani Banda, affectionately known as “RB,” who died of colon cancer on March 11, 2022 at the age of 85. He was diagnosed and treated for the disease in 2020. The funeral was scheduled for Friday March 18 at Embassy Park Presidential Cemetery in Zambia’s capital, Lusaka. Current President Hakainde Hichilema has since declared the day a national holiday. The country has observed seven days of national mourning in Banda’s honor. Banda was greeted by the… Read More Here
Solar Lighting Highmast Solution for Steelpoort Community | BEKA Schréder 23 Equipment & Technology Sponsored 

Solar Lighting Highmast Solution for Steelpoort Community | BEKA Schréder

arnbethnic
BEKA Schréder is proud to have supplied the LED solar lighting highmast solution for the Steelpoort community in the Limpopo Province. With this new lighting installation, the community benefits from security lighting even during loadshedding. The SOLARFLOOD has been installed on three newly erected highmasts in Steelpoort. The masts have been strategically located in high pedestrian traffic areas, such as schools, community centres, clinics and taverns, which ensures safer transit of the community especially during times affected by loadshedding. The SOLARFLOOD is a South-African designed and manufactured solar lighting highmast… Read More Here
Ivanhoe's Review of Kamoa-Kakula Mine Construction and Exploration Activities 43 New Mining Projects Mining in DRC 

Ivanhoe’s Review of Kamoa-Kakula Mine Construction and Exploration Activities

arnbethnic
Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) today the 8th March 2022 announced its financial results for the year ended December 31, 2021. Ivanhoe Mines is a leading Canadian mining company developing and expanding its four principal mining and exploration projects in Southern Africa: the Kamoa-Kakula copper mining complex in the Democratic Republic of Congo (DRC) that began commercial operations in July 2021; the Platreef palladium, rhodium, nickel, platinum, copper and gold discovery in South Africa; the historic Kipushi zinc-copper-lead-germanium mine in the DRC; and the expansive exploration program for new copper… Read More Here

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