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PDG Gecamines Lukonde Mining in DRC Mining Personality 

Sama Lukonde the DG of Gécamines visits facilities in Kambove and Likasi | DRC

Dressed in work khaki and wearing a helmet, engineer Sama Lukonde Kyenge, General Manager (Director General-DG) of Gécamines visited the mines and factories in Kambove and Likasi on Friday, July 17, 2020.   Accompanied by the Deputy Director General, engineer Ntambwe Ngoie, the visit began with the presentation of civilities to the Mayor of Likasi. Upon arrival in the city of Kambove, the delegation visited the Kamfundwa open pit mine. The mine is in full operation. Then it was the turn of the gravity concentrator located on the same site. Under… Read More Here
DRC Mining Code Mining in DRC Mining tax Taxes 

The Mining Cadastre presents the “Revised and Annotated Mining Code of the DRC”

 On Tuesday, July 14, the mining land registry presented a book entitled “The revised and annotated mining code of the DRC” to further popularize the code with investors. The book was published under the direction of The Minister of Mines, Willy Kitobo. The ceremony took place in the blue room of the government building in Kinshasa. The objective, according to the Minister, is to enable the public, in particular, to “assimilate the meaning of the scope of the amendments and innovations” contained in this revised law. The Minister also recalled… Read More Here
Musompo trading centre Economy Artisanal mining Mining in DRC Taxes 

The Inauguration of the Musompo Trading Centre set for August 2020 (Artisanal mineral market in Kolwezi) DRC

The governor of Lualaba province, Richard Muyej, plans to inaugurate the Musompo Trading Centre in Kolwezi in 2020 to bring together, under a modern structure, the sellers of artisanal ores in order to better control this trade. He made the premier Year 1 speech under provincial government on Saturday, July 11. “We are continuing with the ambition of reforming the artisanal mining sector by commissioning the Musompo Trading Centre planned at the end of August 2020 and the servicing of the EAZs, in order to clean up the sector, empowering… Read More Here
Kibali Gold Mines Covid-19 Corporate social responsibility Gold Mining in DRC 

Barrick Gold reaches $2 million in response to Covid-19 | DRC

In response to the call by the President of the Republic, Félix Tshisekedi, to support the response to the Covid-19 in the DRC, Kibali Gold Mines and its operator Barrick Gold have brought a batch of equipment and equipment for the response to the Coronavirus pandemic in the city provinces of Kinshasa.  On Saturday, 11 July, The resident representative of Barrick in the DRC and general manager of Kibali Gold Mines, Cyril Mutombo, presented the governor of the Kinshasa provincial city, Gentiny Ngobila, with these equipments and implements consisting of:… Read More Here
Lucapa 171 carat diamond Diamond Global markets 

Lucara sales deal to keep cash flow from large stones coming for 2020

Lucara Diamond has found an avenue to sell its large diamond production from its Karowe mine in Botswana, through an agreement with HB Group, an Antwerp-based diamond manufacturer. The deal will ensure the company will see cash flow this year from a category of diamonds that normally accounts for 70% of its revenue. The diamond market has been severely disrupted by the covid-19 pandemic, which has restricted travel required to buy and sell diamonds, depressed prices, and impeded cash flow to miners. The agreement will apply to Lucara’s full-year production of… Read More Here
BMW avoids the Congo conundrum for now | Cobalt price 3 Battery Metals Cobalt Mining in DRC 

BMW avoids the Congo conundrum for now | Cobalt price

German luxury vehicle maker BMW this week signed a $2.3 billion long-term deal with Swedish battery maker Northvolt, the latest of such deals, as European carmakers try to compete with Tesla in the burgeoning electric vehicle market.   MANAGEM OWNS BOU-AZZER, THE ONLY PRIMARY COBALT MINE IN THE WORLD AND IN OPERATION SINCE 1930. Tesla’s gigafactories and battery technology have long given it an edge in the EV market (Northvolt was started by two former Tesla execs), but when it comes to the sourcing of raw material for lithium ion batteries,… Read More Here
Intergovernmental forum 111 International Mining in DRC Mining in Zambia Taxes 

Intergovernmental Forum calls for resource taxation re-evaluation

The Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF) has launched the Future of Resource Taxation, a new initiative aiming to improve the way governments collect revenue from the mining sector, specifically in developing countries needing to rebuild public finances in the wake of covid-19.  “The goal is to re-evaluate and improve the fiscal regimes governing the mining industry, which tend to be complex and difficult for governments to administer, especially in developing countries,” says Alexandra Readhead, IGF’s Lead for Tax and Extractives. Almost half of the senior decision-maker… Read More Here
Labour Minister gives miners 1 month to deconfinate workers | DRC 5 Mining Process 

Labour Minister gives miners 1 month to deconfinate workers | DRC

In a circular note dated 13 July, the Minister of Employment, Labour and Social Welfare, Nene Nkulu, gives a one-month moratorium to mining companies in the provinces of Nagorno-Katanga and Lualaba to deconfnetize their workers.   “All mining companies that have confined workers to the operating site are granted a one-month moratorium to return to normal operations. During this period, the employers concerned will need to acquire hand-washing kits, thermoflashes, disinfectants, masks to ensure prevention against covid-19 and enforce sanitary measures,” Néné Nkulu wrote in his circular note. This moratorium runs… Read More Here
Artisanal Mining in DRC Gold 

Cooperation, traceability needed to ensure success of DRC artisanal mining

The successful integration of a number of artisanal and small-scale mining (ASM) operations in the Democratic Republic of Congo (DRC) has been driven by cooperation with large-scale miners (LSMs), refiners, traders and the embedding of traceability measures, says natural resource transformation nongovernmental and nonprofit organisation IMPACT.   The DRC is a mining hotspot in Africa, known a rich source of gold and battery metal commodities. But it is also known for its many illegal small-scale and informal miners, who sometimes overrun legitimate and licensed mine sites and prospects, thus making it… Read More Here
Explorations Manager Career Mining Careers Mining in Zambia 

Exploration Manager | Mining Careers at Rio Tinto

Exploration Manager Job requisition number: 40162   Location: Lusaka   Country: Zambia APPLY NOW •        The key objective of RTX is to discover or acquire resources that create significant value opportunities for Rio Tinto. •        Well-resourced exploration group with proven track record of discovery •        Position based in Lusaka, Zambia About the role We are looking for an Exploration Manager to deliver discovery by maximizing exploration effectiveness and efficiency for multiple jurisdictions/limited commodities or multiple commodities in limited jurisdictions. The role is required to understand and interpret the technical, fiscal, legal, commercial, economic, community and corporate drivers… Read More Here

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