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LICOCO warns of attempts to undermine revision of Chinese contract in DRC, praises IGF report on SICOMINES 1 Mining in DRC Mining Policy 

LICOCO warns of attempts to undermine revision of Chinese contract in DRC, praises IGF report on SICOMINES

Copperbelt Katanga News
The Congolese League Against Corruption (LICOCO) has issued a statement warning of the presence of individuals “clearly aligned with the Chinese cause” in the preparatory work for the revision of the Chinese contract. These individuals are suspected of working to undermine the efforts of the Democratic Republic of Congo (DRC) to reach an amendment to the SICOMINES convention, as desired by the President of the Republic and the head of state. LICOCO is an NGO that campaigns against corruption in the DRC and has praised the report of the Inspectorate… Read More Here
A Call to Revoke 20% Allocation to FOMIN Operating Expenses by the Afrewatch Consortium 2 Mining Policy Mining in DRC 

A Call to Revoke 20% Allocation to FOMIN Operating Expenses by the Afrewatch Consortium

Copperbelt Katanga News
The Consortium Makuta ya Maendeleo and AFREWATCH strongly recommend that the Minister of Mines revoke her Order No. 00884/CAB.MIN/MINES/01/2022 of February 8, 2022 for non-compliance with Law No. 08/0009 of July 7, 2008 on general provisions applicable to public institutions. The Consortium Makuta and AFREWATCH have become aware of the aforementioned Order determining the percentage of FOMIN resources to be allocated to its operation and organs. Both organizations note that the Order was signed in violation of Article 23 of Law No. 08/009 of July 7, 2008 on general provisions… Read More Here
Bolloré Africa Logistics rebranded to Africa Global Logistics (AGL) 3 International Transport and Logistics 

Bolloré Africa Logistics rebranded to Africa Global Logistics (AGL)

Copperbelt Katanga News
On March 30, 2023, Bolloré Africa Logistics revealed its new brand. The company will now operate under the name AGL, which stands for Africa Global Logistics. The announcement was made in the presence of MSC leaders. In December of the previous year, the Bolloré Group, the leader in transport and logistics on the African continent, sold its activities for 5.7 billion euros to the giant MSC. AGL, within the MSC Group, aims to continue to contribute to the sustainable transformation of Africa and emerging markets. The company wants to support… Read More Here
The danger of gold mining in the Garamba National Park was discussed in a meeting with the DRC Vice-Minister of Mines 4 Mining in DRC Gold Mining Policy 

The danger of gold mining in the Garamba National Park was discussed in a meeting with the DRC Vice-Minister of Mines

Copperbelt Katanga News
The delegation, composed of the Belgian ambassador to the DRC, Jo Indekeu, and François-Xavier De Donnea, a Belgian State Minister and Chairman of the Board of Directors of the Garamba National Park, alerted the ministry to the “anarchic and illegal” development of gold mining in the Garamba National Park in Haut-Uélé. The delegation showed Godard Motemona the dangers of gold mining around the Garamba National Park. “I came to alert the minister about the anarchic development of their gold mining at the southern boundary of the Garamba National Park. This… Read More Here
MIBA DRC Courts New Mining Projects Mining in Zambia 

Argonaut Resources embroiled in legal dispute over Lumwana West exploration license in Zambia

Copperbelt Katanga News
Argonaut Resources, an Australian mineral exploration company, has been embroiled in a legal dispute over the Lumwana West exploration license in Northwestern Zambia. The license was cancelled and re-granted to a newly registered company, prompting Argonaut’s subsidiary, Mwombezhi Resources, to appeal the decision. In the first instance, it was announced that the Zambian High Court ordered the Minister of Mines to decide on the appeal within 30 days. The court had previously suspended both the cancellation and grant of the license two months earlier. Argonaut’s legal action seeks to reinstate… Read More Here
Reserve Replacement and New Opportunities Secure Kibali’s +10-Year Plan 64 Mining in DRC Gold 

Reserve Replacement and New Opportunities Secure Kibali’s +10-Year Plan

Copperbelt Katanga News
Kibali is a highly cost-efficient operation with its three world-class hydropower stations supplying much of its energy requirements. KINSHASA, DEMOCRATIC REPUBLIC OF CONGO – Africa’s largest gold mine, Kibali, is again on track to replace its reserves beyond the ounces depleted by mining in the previous year, while new growth opportunities will also support its +10-year business plan and its status as one of Barrick’s Tier One1 assets. Barrick president and chief executive Mark Bristow told media here today that Kibali’s prolific KCD orebody was continuing to deliver additional value with current drilling… Read More Here

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