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SAIMM webinar kicks off dialogue on mine decarbonisation 1 International 

SAIMM webinar kicks off dialogue on mine decarbonisation

Copperbelt Katanga News
In the journey towards decarbonisation, the South African mining sector is taking its first steps toward renewable self-generation; what will need to follow is a more systematic and integrated approach that addresses the whole mining supply chain. This was one of the messages from Professor Michael Solomon, in a webinar for the Southern African Institute of Mining and Metallurgy (SAIMM) on ‘Decarbonizing the Mining Sector by 2040’. Professor Solomon is the chair of the SAIMM’s Environmental, Social, Governance and Sustainability (ESGS) committee, and an adjunct professor at the University of… Read More Here
Zambia's 2023 Budget: A return to global norms 2 Mining in Zambia Economy 

Zambia’s 2023 Budget: A return to global norms

Copperbelt Katanga News
Tax Partner at KPMG Zambia, Michael Phiri, unpacks the Budget measures designed to set in motion a mining-led economic recovery The dust has now settled since the announcement of the 2023 National Budget, during which the Minister of Finance set out the Government’s plan to revive Zambia’s economy. In this, the first in a series of exclusive interviews with financial, economic, and mining experts, Michael Phiri, Tax Partner at KPMG Zambia, sheds light on why certain Budget measures have been proposed, and how they will set in motion a mining-led economic recovery.… Read More Here
Hitachi Energy to secure power supply in Africa’s longest high-voltage direct current (HVDC) link 3 Mining in DRC Energy 

Hitachi Energy to secure power supply in Africa’s longest high-voltage direct current (HVDC) link

Copperbelt Katanga News
Long-term service agreement will extend the operating life of the 40-year-old link, which is vital for economic growth in the Democratic Republic of Congo Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, today announced it has signed a long-term service agreement with Société Nationale d’Electricité (SNEL), the national electricity company of the Democratic Republic of Congo, to secure power supply in the country’s most important power transmission asset: the Inga-Kolwezi high-voltage direct current (HVDC) link. The link supplies up to 1,000 megawatts of… Read More Here
Invitation to 2022 Explorers' Forum (AZMEC) 4 CKM HTML Mailers Events & Expos Exploration 

Invitation to 2022 Explorers’ Forum (AZMEC)

Copperbelt Katanga News
          We are pleased to announce that AZMEC will be holding its 15th annual Explorers’ Forum* on 21st October 2022 at the UCZ Synod Complex in Lusaka, Zambia at 13:00hrs.   This event will be attended by representatives from the mineral sector in Zambia and the Minister of Mines and Minerals Development, Hon. Paul Chanda Kabuswe MP, has been invited to be the keynote speaker and Guest of Honour. Please click to download the draft program, and if you wish to join us online, please find… Read More Here
The suspension of covid-19 test in the DRC is only for fully vaccinated travelers 8 Covid-19 Mining in DRC 

The suspension of covid-19 test in the DRC is only for fully vaccinated travelers

Copperbelt Katanga News
The DRC’s Minister of Public Health, Hygiene and Prevention, Jean-Jacques Mbungani, presented during the Council of Ministers of September 30, 2022, the health situation throughout the national territory, in particular the situation of Covid-19 which remains “stable and under control” in the Democratic Republic of Congo. To this end, the Minister of Health, in view of the continuous decline in contamination statistics, announced the signing of a Ministerial Order which provides: “- The suspension of Covid-19 tests at the entrance to the territory and at leaving the territory until further… Read More Here
Gemfields anticipates more than 50% increase in net profit 9 Gemstones Emeralds Mining in Zambia 

Gemfields anticipates more than 50% increase in net profit

Copperbelt Katanga News,
Gemfields believes it is reasonably certain that its net profit after tax will be US$56.7 million for the six months ending 30 June 2022, comparative to a six-month period of US$23.8 million. Gemfields’ two key operating assets, MRM and Kagem, generated revenues of US$95.6 million and US$85.2 million respectively during the six-month period to 30 June 2021. 2022 saw the group return to its normal auction schedule of two emerald auctions and one ruby auction in the first half of the year. Following on from the strong auction results in… Read More Here
The DRC holds almost half of the world's cobalt reserves at 3.6 million tonnes 10 Mining in DRC 

The DRC holds almost half of the world’s cobalt reserves at 3.6 million tonnes

Copperbelt Katanga News
This graph illustrates the immensity of the potential of the Democratic Republic of Congo with regard to the so-called strategic cobalt ores. The DRC alone holds 3.6 million tonnes of cobalt, almost half of the world’s cobalt reserves. This potential of such a strategic mineral is a comparative advantage of Kinshasa compared to other nations in the world. The Democratic Republic of the Congo alone produces 63% of the cobalt in the world, thus becoming the world’s leading producer and exporter of the green metal. The global industry therefore mainly needs… Read More Here
The DRC's decree of creating the Congolese Battery Council has been adopted 11 Mining in DRC Battery Metals 

The DRC’s decree of creating the Congolese Battery Council has been adopted

Copperbelt Katanga News
The government of the Democratic Republic of Congo will be equipped in the coming days with a new public establishment called the Congolese Battery Council (CCB). The draft decree on the creation, organization and operation of this public institution was adopted at the 71st meeting of the Council of Ministers. Presented by the Ministry of Industry, Julien Paluku, who pointed out that the Congolese Battery Council is the technical structure supposed to follow and evaluate the materialization of the commitments of the President of the Republic within the framework of the… Read More Here
Fuel cell EVs become more common in heavy industry applications 12 International Mining technology 

Fuel cell EVs become more common in heavy industry applications

Copperbelt Katanga News
Ballard Power Systems a company known for adopting the technology by Anglo American Platinum at the Khomanani mine in South Africa, announced that its materials have powered fuel cell electric vehicles in commercial heavy- and medium-duty applications for more than 50 million kilometres on roads around the globe. In a press release, Ballard said the figure represents an increase of over five times since 2017.  Approximately 70% of the more than 50 million kilometres have been achieved in FCEVs deployed in China, with the remaining vehicles deployed in Europe and… Read More Here
Copper Prices Copper International 

Copper Future price snaps back as China imports soar 81%

Copperbelt Katanga News
Copper futures prices rebounded sharply on Monday on the surge in Chinese imports of the metal, widely used in industry and construction. Copper for delivery in September trading in New York changed hands for $ 2.8850 a pound ($ 6,360 a ton) in afternoon trading, snapping 3.3% off a sharp drop on Friday. In March, the Bellwether metal briefly traded below $ 2.00, last seen during the 2008-2009 global financial crisis, but has now rebounded nearly 50%. Customs data released on Friday showed that China’s copper imports (anodes and cathodes)… Read More Here

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