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Kalumbila rope shovel Mining in Zambia Mining tax 

FQM DISCLOSES $850 MILLION IN CONTRIBUTIONS TO ZAMBIA IN 2020

arnbethnic
SOLWEZI, ZAMBIA – Zambia’s largest taxpayer, First Quantum Minerals (FQM), paid more than US$850 million in taxes, royalties, duties and fees to the Zambian government, along with community and infrastructure expenditure in 2020. To put it into perspective, the contribution paid to Zambia represents 78% of the entire contribution FQM paid globally. The company also has operations in Australia, Finland, Mauritania, Panama, Spain and Turkey, as well as exploration prospects in a number of other countries. The figures were disclosed through FQM’s annual Tax Transparency and Contributions to Government Report. Originally… Read More Here
Ivanhoe's response regarding copper concentrate exports from the Democratic Republic of Congo 1 New Mining Projects Copper Mining in DRC Mining Policy 

Ivanhoe’s response regarding copper concentrate exports from the Democratic Republic of Congo

arnbethnic
Ivanhoe Mines responds to media reports regarding copper concentrate exports from the Democratic Republic of Congo Discussions are ongoing with DRC Government officials regarding an individual concentrate export derogation KOLWEZI, DEMOCRATIC REPUBLIC OF CONGO – Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) is responding today to a media report stating that miners in the Democratic Republic of Congo (DRC) received an order on May 26, 2021 that has banned the export of copper and cobalt concentrate from the country. Ivanhoe Mines confirms that it is aware of the order issued to… Read More Here
First Concentrate Rolls Out from Kamoa Kakula project in DRC 2 New Mining Projects Copper Mining in DRC 

First Concentrate Rolls Out from Kamoa Kakula project in DRC

arnbethnic
KAMOA COPPER S.A. BEGINS COPPER PRODUCTION  After 24 years of focused exploration and development efforts, the start of copper production marks a monumental milestone for Kamoa Copper S.A .. KOLWEZI, DEMOCRATIC REPUBLIC OF CONGO, MAY 26, 2021 – Kamoa Copper SA Board Chairman Ben Munanga and Board Member Olivier Binyingo are pleased to announce the start of copper concentrate production at the Concentration Plant in  Phase 1, with a capacity of 3.8 million tonnes per year (Mtpa), as of May 25, 2021, several months ahead of the initial schedule.  On… Read More Here
Ivanhoe Mines begins new era of commercial copper production at Kamoa Kakula in DRC 3 New Mining Projects Copper Mining in DRC 

Ivanhoe Mines begins new era of commercial copper production at Kamoa Kakula in DRC

arnbethnic
Kamoa-Kakula discovery enters production after 24 years of dedicated exploration and development efforts Democratic Republic of Congo’s President Félix Tshisekedi congratulates Ivanhoe for reaching the production milestone at the world-class discovery Phase 2 concentrator expansion continues ahead of schedule KOLWEZI, DEMOCRATIC REPUBLIC OF CONGO – Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng “Miles” Sun are pleased to announce the start of copper concentrate production at the Phase 1, 3.8 million-tonne-per-annum (Mtpa) Kamoa-Kakula Mine, on May 25th, several months ahead of schedule. His Excellency Félix Tshisekedi, President… Read More Here
Landslide in a gold quarry kills one and two injured in Ngalula (Fizi), South Kivu, DRC 4 Mining in DRC Artisanal mining Mine Safety 

Landslide in a gold quarry kills one and two injured in Ngalula (Fizi), South Kivu, DRC

arnbethnic
An artisanal miner was killed on Friday May 14 in a gold mining quarry in Ngalula village, in Ngandja sector (Fizi territory). According to local civil society, two other diggers were injured. “There was an accident in a gold quarry in a place called Bikuma. As soon as we were informed, we went to the place. Three people were stranded under the ground. We mobilized other diggers and we managed to save two who were injured and they were taken to the general referral hospital in Lulimba. Unfortunately, the other… Read More Here
Nyiragongo Mining in DRC Corporate social responsibility 

DRC’s Goma-Nyiragongo Volcanic Eruption: at least five people died during the evacuation of the city

arnbethnic
The governor of North Kivu, Lieutenant-General Constant Ndima communicated this Sunday the provisional assessment of the volcanic eruption the day before. At least five were killed in a traffic accident on Sake Road as people evacuated the city under threat. The military governor who intervened this morning on the RTNC also reported cases of theft and looting of shops. An escape attempt was also reported at the central prison in Munzenze. This is the basis of the several shots heard at night in Goma. Several homes were razed to the ground by volcanic… Read More Here
First Quantum Minerals Announces Sale of 30% of Ravensthorpe Nickel for $240 Million 5 Nickel International Mining in Zambia 

First Quantum Minerals Announces Sale of 30% of Ravensthorpe Nickel for $240 Million

arnbethnic
First Quantum Minerals Ltd. (“First Quantum” or the “Company”) (TSX:FM) today announced that it has entered into a binding agreement to sell a 30% equity interest in the Ravensthorpe Nickel Operation (“Ravensthorpe”) in Western Australia for cash consideration of $240 million to POSCO, one of the world’s largest steel producers (the “Transaction”). First Quantum will retain a 70% interest in Ravensthorpe and continue to be the operator. The proceeds of the transaction will be used to reduce the Company’s debt. In addition to the Transaction, POSCO and First Quantum have also… Read More Here
Ivanhoe Mines Mining in DRC Copper New Mining Projects 

Ivanhoe Mines issues Q1 financial results and review of mine construction progress and exploration activities

arnbethnic
Copper production at the Kamoa-Kakula Mine to begin imminently; first phase projected to produce approximately 200,000 tonnes of copper per year Kamoa-Kakula’s Phase 2 expansion, scheduled for Q3 2022, will double annual copper output to approximately 400,000 tonnes Ivanhoe Mines pledges net-zero greenhouse gas emissions at the Kamoa-Kakula Copper Mine Expanded 2021 exploration program underway on Ivanhoe’s Western Foreland licences, searching for DRC’s next tier-one copper discovery Development of the world-scale Platreef palladium, platinum, rhodium, nickel, copper and gold project in South Africa making good progress TORONTO, CANADA ‒ Ivanhoe Mines… Read More Here
Zambia Gold Deposit | Minrom 6 Mining in Zambia Gold Sponsored Content 

Zambia Gold Deposit | Minrom

arnbethnic
Minrom was requested by a renowned gold company in Zambia to conduct geological exploration programmes on two individual sites in Zambia for potential gold deposits. Zambia is geologically comprised of several individual craton terrains, which include stable cratons, Pan-African mobile belts, sedimentary successions, and post-Karoo sedimentary cover. The geology of the central province of Zambia hosts predominantly three supracrustal successions, these include the Muva Supergroup, Katanga Supergroup, and the Karoo Supergroup. The project area is located within the Quaternary sediment consisting alluvium, colluvium and laterite succession surrounding the Mkushi River… Read More Here
Kamoa SA Mining in DRC Copper New Mining Projects 

Kamoa Copper SA to Start of Production in One Month

arnbethnic
With the first phase of installation of the 3.8-Mtpa concentrator being 98% complete, Kamoa Copper can begin, one month in advance, the next phase of commissioning. The commissioning phase of Kamoa Copper SA’s C4 concentrator, which includes ore grinding and the first production of copper concentrate, is expected to begin between the end of May and  early June 2021. Thanks to accelerated construction and a smooth start-up, the first phase of installation of the Kamoa Copper mill, with a capacity of 3.8 Mtpa, is coming to an end.  Most of… Read More Here

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