You are here

Written by 

Ivanhoe Mines Completes Construction of Kamoa-Kakula’s Phase 3 Concentrator Ahead of Schedule and on Budget 1 Mining in DRC Copper Press Release 

Ivanhoe Mines Completes Construction of Kamoa-Kakula’s Phase 3 Concentrator Ahead of Schedule and on Budget

Constance
First ore to Phase 3 concentrator achieved on May 26; first Phase 3 concentrate expected in early June Phase 3 concentrator increases Kamoa-Kakula copper production capacity to more than 600,000 tonnes per annum, making Kamoa-Kakula the fourth-largest copper mining complex globally Further Kamoa-Kakula growth initiatives in progress, including Project 95, de-bottlenecking of Phase 3 and potential acceleration of Phase 4 expansion Zero lost-time injuries recorded during the construction of the Phase 3 concentrator Phase 1 and 2 concentrators produced more than 63,000 tonnes of copper since start of April; a… Read More Here
CITIC Metal to Potentially Sell Part of Its Stake in Ivanhoe Mines 2 Copper 

CITIC Metal to Potentially Sell Part of Its Stake in Ivanhoe Mines

Constance
Toronto, Ontario – (Newsfile Corp. – May 27, 2024) – CITIC Metal Co., Ltd. has announced, via a regulatory announcement on the Shanghai Stock Exchange dated May 26, 2024, that it received board approval on May 24, 2024, for its subsidiary, CITIC Metal Africa Investments Limited (“CITIC”), to sell a portion of its holdings in Ivanhoe Mines Ltd. (“the Corporation”). The sale could occur through public trades, block trades, or a combination of both. Further approval from CITIC Metal Co., Ltd.’s shareholders will be sought at a general meeting scheduled… Read More Here
President Hichilema's Copperbelt Visit to Highlight Mining and Agricultural Advances 3 Mining in Zambia Events & Expos Technology & Innovation 

President Hichilema’s Copperbelt Visit to Highlight Mining and Agricultural Advances

Constance
President Hakainde Hichilema is set to embark on a two-day working trip to Copperbelt Province on May 28th and 29th. During his visit, he will officiate at the 2024 Forum on Technology Empowering Development of the Mining Industry in Luanshya. Copperbelt Province Minister Elisha Matambo announced that the President will also officiate at the Copperbelt Agricultural, Mining, Industrial, and Networking Enterprise (CAMINEX) conference in Kitwe. This conference will provide insights into the progressive steps being taken in the mining industry. Last year’s CAMINEX conference focused on the theme “Reignite, Rebuild,… Read More Here
Presidents of DRC and Poland Discuss Security and Bilateral Relations 4 Governance Mining in DRC Regional conflict 

Presidents of DRC and Poland Discuss Security and Bilateral Relations

Constance
Last Friday, President Felix Tshisekedi of the Democratic Republic of Congo (DRC) held a telephone conversation with Polish President Andrzej Duda. The discussion focused on topics of mutual interest, including bilateral relations and the security situation in eastern DRC. President Duda, on behalf of Poland, condemned the attempt to destabilize Congolese institutions on Sunday, May 19, in Kinshasa. He reaffirmed Poland’s commitment to peace, security, and the preservation of the DRC’s territorial integrity. Addressing recent social media controversies regarding his visit to Rwanda, President Duda denounced the manipulations and expressed… Read More Here
DGC AFRICA and UXi Artisan Development: Charting a Path for Industrial and Societal Transformation in the DRC 5 Sponsored Content Mining in DRC 

DGC AFRICA and UXi Artisan Development: Charting a Path for Industrial and Societal Transformation in the DRC

Constance
In the Democratic Republic of Congo (DRC), the innovative partnership between DGC AFRICA and UXi Artisan Development is setting a new standard for industrial growth and workforce empowerment. This strategic alliance showcases the transformative potential of combining hands-on artisan training with profound industry knowledge to foster systemic change and empower the workforce. DGC AFRICA: Pioneers in Industrial Solutions As an integral part of the renowned Dickinson Group of Companies, DGC AFRICA has become a linchpin of asset integrity management and industrial solutions across sub-Saharan Africa. With a century-long legacy of… Read More Here
Zimbabwe’s Central Bank Gold Reserves to Back ZiG Currency Rise 6 International Economy Gold 

Zimbabwe’s Central Bank Gold Reserves to Back ZiG Currency Rise

Constance
Zimbabwe’s gold reserves backing its new bullion-linked currency are increasing and the stockpile’s value is also being boosted by the higher price of the precious metal, the central bank said.The Reserve Bank of Zimbabwe is seeing royalty payments of gold “rising daily,” said Deputy Governor Innocent Matshe. “As long as we are mining, gold reserves are increasing by the amount that we produce,” he said Wednesday in a telephone interview. “The proceeds from other precious minerals are being used to stockpile gold.” The central bank will give an update on… Read More Here
Perenco's Subsidiary Discovers New Oil Reserve in DRC Coastal Basin 7 Mining in DRC Oil & Gas Petroleum 

Perenco’s Subsidiary Discovers New Oil Reserve in DRC Coastal Basin

Constance
In 2024, Perenco’s subsidiary achieved a significant milestone by drilling two exploration wells and discovering an oil reserve in the Moke-East well, situated between the Lukami and Motoba fields in the Democratic Republic of the Congo (DRC) coastal basin. The drilling operations were conducted using the Nuada, a self-elevating class 82 SD-C jack-up drilling rig owned by Dixstone. The well, expected to be completed in the coming weeks, encountered a 24-foot net oil-bearing column, and the discovery will undergo further testing. Frédéric Kiepferle, Perenco’s DRC General Manager, remarked: “Perenco’s offshore… Read More Here
Chile to launch public consultation on tailings regulation 8 International Copper Gold 

Chile to launch public consultation on tailings regulation

Constance
Mining Minister Aurora Williams announced that, in July 2024, Chile will launch a public consultation to modify Supreme Decree No. 248, which regulates tailings deposit design, construction, operation and closure. During a presentation at the Sustainable Atacama Seminar, Williams said that while the executive power is in charge of implementing any changes to the decree, citizen participation is a prerequisite to doing so. “Therefore, all of those who live this reality can participate, they can tell us which aspects are properly addressed, which aspects we are missing and which we… Read More Here
BHP, Rio Tinto, Caterpillar and Komatsu agree on Pilbara battery truck testing plan 9 Mining Equipment 

BHP, Rio Tinto, Caterpillar and Komatsu agree on Pilbara battery truck testing plan

Constance
Days after the conclusion of The Electric Mine 2024 conference in Perth, Western Australia, BHP and Rio Tinto have confirmed they are to collaborate on battery-electric haul truck trials in the Pilbara. The collaboration reflects the individual commitments made by BHP, Rio Tinto, Caterpillar and Komatsu to support BHP’s and Rio Tinto’s shared ambition of net zero operational greenhouse gas emissions by 2050, they say. As part of the collaboration, two CAT 793 haul trucks will be trialled from the second half of 2024, and two Komatsu 930 haul trucks tested from… Read More Here
Troubled Peru copper mine starts expansion work in supply boost 10 International Copper 

Troubled Peru copper mine starts expansion work in supply boost

Constance
China’s MMG Ltd. is hopeful it can start digging copper from a new pit at its giant Las Bambas project in Peru by the end of this year, bringing some much-needed extra supply to a tightening global market. Las Bambas has for years operated well below its annual capacity of 400,000 tons due to a torrent of community protests that have disrupted mining and set back an expansion. That level could be reached in 2025, according to Troy Hey, an executive general manager at MMG. “I would say that going… Read More Here

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

Copperbelt Katanga Mining will use the information you provide on this form to be in touch with you and to provide updates and marketing.