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South Africa Was Africa's Top Gold Producer in 2023 1 International Gold 

South Africa Was Africa’s Top Gold Producer in 2023

Constance
In 2023, global gold investment trends show that production reached over 3,000 tonnes, with Africa contributing 370 tonnes, or 11.67%. Despite holding around 40% of the world’s gold reserves, Africa’s output, led by South Africa, Ghana, and Mali, suggests potential for growth. Smuggling issues, particularly in the DRC, impact accurate accounting, with an estimated $3 billion in gold annually misattributed due to illegal trade. China topped the 2023 production charts, accounting for 12% of global output, and led as the largest buyer with its central bank purchasing 225 tonnes. Gold… Read More Here
African Copper Powerhouses Set to Meet Growing Global Copper Demand 2 Mining in DRC Copper Mining in Zambia 

African Copper Powerhouses Set to Meet Growing Global Copper Demand

Constance
The leading copper producers globally in 2023 were Chile, Peru, the DRC, China, and the United States, together accounting for 59% of worldwide output, or around 21.5 million tonnes. Amid economic recovery and market speculation, copper prices surged, hitting about $10,000 per ton. Investment banks, like Goldman Sachs, anticipate further price increases due to persistent supply deficits expected from 2024. Africa, particularly the DRC and Zambia, is also emerging as a significant player in copper production, with the potential to fill the growing supply gap projected to reach 10 million… Read More Here
Rwanda Ready to Drop "Conflict Mineral" Accusations Against Apple 3 Mining in DRC Battery Metals Cobalt Copper 

Rwanda Ready to Drop “Conflict Mineral” Accusations Against Apple

Constance
Rwanda has strongly denied accusations from the Democratic Republic of Congo (DRC) that Apple sources conflict minerals from a disputed area within the DRC. Rwandan government spokeswoman Yolande Makolo labeled these allegations as “baseless” and suggested they are part of ongoing attempts by the DRC to shift media focus onto Rwanda by leveraging Apple’s global profile. Apple has responded by reaffirming its commitment to responsible sourcing, stating it has verified the origins of minerals in its supply chain and found no evidence of financing armed groups in the DRC as… Read More Here
Endeavour Mining Successfully Completes Senegal Mine Expansion Project 4 International Gold New Mining Projects 

Endeavour Mining Successfully Completes Senegal Mine Expansion Project

Constance
Endeavour Mining recently announced the successful pouring of the first gold from its Senegal mine expansion project, marking a significant milestone achieved on April 18. This achievement signals the timely and within-budget completion of the BIOX expansion initiative, supported by Egyptian billionaire Naguib Sawiris. The project, which commenced construction two years ago, underscores Endeavour Mining’s commitment to meeting its 2024 output guidance, aiming for a gold production between 1.13 million and 1.27 million ounces. Lawrence Manjengwa, head of operations at Sabodala Gold Operation/Massawa, led the expansion effort, positioning it for… Read More Here
Yeo and GEI Power Partner to Develop Solar Power Plant in Zambia 5 Mining in Zambia Energy 

Yeo and GEI Power Partner to Develop Solar Power Plant in Zambia

Constance
Yeo, a Turkey-based company, has partnered with local firm GEI Power to construct a 60 MW photovoltaic solar power plant in Zambia’s Choma district. The project will also include a 20 MWh battery storage system. During the construction phase, the project will employ 150 local workers, with an additional 50 seasonal jobs created once the plant is operational. This initiative demonstrates a strong commitment to local engagement and corporate social responsibility (CSR), contributing to the economic development of the Choma district. The solar power plant aims to address Zambia’s need… Read More Here
EITI-DRC Advocates for Transparent and Inclusive Mineral Supply Chains 6 Mining in DRC 

EITI-DRC Advocates for Transparent and Inclusive Mineral Supply Chains

Constance
The Extractive Industries Transparency Initiative in the Democratic Republic of Congo (EITI-DRC) recently affirmed its commitment to promoting sustainable and inclusive mineral supply chains during a board meeting held in Toronto, Canada. Led by Jean-Jacques Kayembe, the national coordinator of EITI-DRC, the meeting focused on disclosing information about artisanal and small-scale mining (ASM) in an informal context. The multi-stakeholder group recommended producing a comprehensive report funded by Belgium to provide detailed insights into the ASM sector’s contribution to the country’s economy. This report includes data on ASM actors, financial flows,… Read More Here
ARSP and FEC Resolve Subcontracting Contract Disputes 7 Mining in DRC Governance 

ARSP and FEC Resolve Subcontracting Contract Disputes

Constance
The Minister of Entrepreneurship and SMEs, Désiré N’zinga, recently convened a productive session with Miguel Kashal Katemb, Director General of the Regulatory Authority for Subcontracting in the Private Sector (ARSP), and Robert Malumba Kalombo, the national president of the Federation of Congolese Enterprises (FEC). The meeting aimed to address divergences between the two entities concerning subcontractor recommendations for contracts within various sectors. Following the discussions, FEC’s president confirmed that the parties had reached consensus on the key issues that previously divided them. “There were discrepancies between our structures, the ARSP… Read More Here
DRC Lifts Suspension on Chinese-Owned Copper-Cobalt Mine Amid Radiation Concerns 8 Mining in DRC Cobalt Copper 

DRC Lifts Suspension on Chinese-Owned Copper-Cobalt Mine Amid Radiation Concerns

Constance
The government of the Democratic Republic of Congo has revoked the suspension order on a Congolese copper and cobalt operation majority-owned by China’s Zijin Mining Group Co. Ltd. Last month, Congo’s mines ministry halted the activities of the COMMUS project, in which Zijin owns a 72% stake, due to high radiation levels detected in mineral products returned from South Africa. However, in a letter dated May 10, seen by Reuters, the mines ministry confirmed that it had received a report on the investigation’s findings and subsequently lifted the suspension. Mining… Read More Here
Sandvik Coromant enhances sustainability insights with Productivity Analyzer 9 International Equipment & Technology Mining Equipment Press Release 

Sandvik Coromant enhances sustainability insights with Productivity Analyzer

Constance
Tooling solutions provider Sandvik Coromant introduces advanced sustainability features in its Productivity Analyzer tool, enabling precise measurement of energy consumption and carbon footprint for customers in the manufacturing industry. The updated analyzer offers detailed sustainability metrics, including energy usage per manufactured component, yearly energy consumption and CO2 emissions. New parameters such as efficiency and energy cost empower manufacturers to optimize operations for reduced environmental impact. Trials with a leading automotive manufacturer demonstrated a significant 15% increase in productivity, credited to the analyzer’s comprehensive analysis capabilities. By analyzing machine and tool costs… Read More Here
Chile truckers protest rising crime in threat to mine transport 10 International Transport and Logistics 

Chile truckers protest rising crime in threat to mine transport

Constance
Truck drivers in Chile staged protests Monday in the mineral-rich north of the country and around the capital Santiago, demanding greater safety amid an up-tick in violent crime. Drivers at small and mid-sized transport firms belonging to the Northern Force Confederation, or CTFN by its Spanish initials, partially blocked highways near the northern cities of Arica and Coquimbo and on the outskirts of Santiago, snarling morning traffic. There were no immediate reports of disruptions at Chile’s giant copper and lithium operations. The protests are the latest sign of growing concern… Read More Here

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