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Congolese Entrepreneur Launches Lumbwe Photovoltaic Power Plant 1 Mining in DRC Energy 

Congolese Entrepreneur Launches Lumbwe Photovoltaic Power Plant

Constance
Participants at the energy conference in Lualaba witnessed the fruition of a pioneering initiative as they toured the Lumbwe photovoltaic power plant, spearheaded by Congolese entrepreneur Éric Monga’s Kipay Investments. Situated in the village of Lumbwe, the project stands as a testament to homegrown innovation and determination to address Katanga’s pressing electricity shortage. Driven by entirely Congolese capital, Kipay Investments seized the opportunity presented by the liberalization of the electricity sector to embark on this transformative venture. From inception to execution, the project was steered by local talent, with Congolese… Read More Here
US-Led Mineral Security Partnership Applauds New Germanium Contract in DRC 2 Mining in DRC 

US-Led Mineral Security Partnership Applauds New Germanium Contract in DRC

Constance
The Mineral Security Partnership (MSP), spearheaded by the United States, celebrates the recent germanium purchasing and processing agreement between STL, a subsidiary of Générale des Carrières et des Mines (Gécamines), and Belgian company Umicore. This collaboration, highlighted in a press release on May 8, 2024, underscores MSP’s commitment to securing critical mineral supply chains while fostering economic growth in regions like the Democratic Republic of Congo (DRC). By facilitating sustainable recycling and bolstering technical expertise in the DRC, the agreement promotes the circular economy and strengthens Gécamines’ pivotal role in… Read More Here
Jean-Marie Kanda Urges DRC to Prioritize Sovereignty for Harnessing Strategic Minerals 3 Mining in DRC Battery Metals 

Jean-Marie Kanda Urges DRC to Prioritize Sovereignty for Harnessing Strategic Minerals

Constance
European countries and others have set ambitious targets to transition to electric mobility by 2035, with electric batteries being a cornerstone of this endeavor, consisting of lithium and other vital minerals found in the Democratic Republic of Congo (DRC). However, the DRC faces challenges in fully leveraging its strategic mineral wealth, as foreign mining companies currently hold significant control over these resources. At an energy conference held on Thursday, May 9, 2024, experts emphasized the need for the DRC to assert its sovereignty and swiftly adapt to capitalize on its… Read More Here
FQM WORKS WITH ZESCO TO EASE ENERGY PRESSURE 4 Mining in Zambia Copper Electricity Press Release 

FQM WORKS WITH ZESCO TO EASE ENERGY PRESSURE

Constance
First Quantum Minerals (FQM) is working with ZESCO to help source imported power and enable the state utility company to reduce the burden on the national grid. As Zambia’s largest copper producer, FQM operates the Kansanshi and Trident mines in North-Western Province, making a critical economic contribution to national export earnings, government revenue and employment. The company currently buys an average of 224,000 megawatt hours of electricity every month from ZESCO, which recently invoked the force majeure clause in its power supply agreements with some mines, signalling a need for… Read More Here
Angola and US Sign Financing Agreements for Lobito Corridor Development 5 International Transport and Logistics 

Angola and US Sign Financing Agreements for Lobito Corridor Development

Constance
Angola and the United States of America inked financing agreements worth $1.3 billion in Dallas on Tuesday for the development of the Lobito Corridor, a key beneficiary of the Global Investment and Infrastructure Partnership (PGI). The signed documents, exchanged between Angolan Finance Minister Vera Daves and Reta-Jo Lewis, President of the US Export-Import Bank (EXIM Bank), will fund three infrastructure projects associated with the Lobito Corridor. Additionally, they target investments in clean energy, connectivity, radio signal expansion, and transport infrastructure. President João Lourenço, who attended the event, emphasized the significance… Read More Here
Mingomba Mining Limited Welcomes International Talent to Zambia 6 Mining in Zambia Mining Personality New Mining Projects News in Brief 

Mingomba Mining Limited Welcomes International Talent to Zambia

Constance
Mingomba Mining Limited, a collaboration between KoBold Metals and ZCCM Investments Holdings Plc, has announced the appointment of Mr. Kalimina Mwinga PMP as Project Control Manager and Mr. Fanuel K Banda, P.E., PMP as Chief Mining Engineer. Both Mwinga and Banda bring a wealth of international experience to their roles, having spent over a decade honing their skills in South Africa and the USA, respectively. Commenting on the appointments, KoBold Metals Africa CEO Mfikeyi Makayi stated, “We aren’t seeking the best talent solely within Zambia; rather, we are committed to… Read More Here
White House Urges Responsible Mining in DRC and Zambia for Global Energy Transition 7 Mining in Zambia Mining in DRC 

White House Urges Responsible Mining in DRC and Zambia for Global Energy Transition

Constance
A senior White House official emphasized the necessity of encouraging mining projects in countries such as the Democratic Republic of Congo (DRC) and Zambia to secure a reliable and sustainable global supply of critical minerals essential for combating climate change. Amos Hochstein, White House senior adviser for energy and investment, stressed the significance of these mineral-rich nations in meeting the soaring global demand for clean energy components and infrastructure to support advancements like artificial intelligence, offering an alternative to China’s dominance. Hochstein highlighted the need for initiatives similar to President… Read More Here
Zambia to Kickstart Car Battery Manufacturing, Boosting Economic Growth 8 Mining in Zambia Battery Metals 

Zambia to Kickstart Car Battery Manufacturing, Boosting Economic Growth

Constance
Zambia is gearing up to launch car battery production by the end of July this year, with the arrival of essential manufacturing equipment. During a recent visit to the Jiangxi Multi Facility Economic Zone in Chibombo district, General Manager Xu Jianfeng outlined the upcoming two-month period dedicated to equipment testing and plant finalization before full-scale production commences. In the initial phase, the facility plans to produce 400,000 batteries, with production capacity set to double upon reaching full operational status. With nine investment agreements already secured, totaling over $100 million, the… Read More Here
Former B2Gold Manager to Lead Avanti's Masisi Gold Project 9 Mining in DRC Gold Mining Personality 

Former B2Gold Manager to Lead Avanti’s Masisi Gold Project

Constance
Canadian mining company Avanti Gold has appointed Lan MacLean, a former manager at B2Gold, as the General Manager for their Masisi gold project in the Democratic Republic of Congo (DRC). The announcement, made on May 7, 2024, underscores Avanti’s commitment to advancing their mining endeavors in Africa. With over 25 years of experience in the mining industry, MacLean brings a wealth of expertise to his new role. His tenure at B2Gold, where he managed operations in Mali and Namibia, positions him well to lead the development of the Masisi project.… Read More Here
Fatal Shooting Claims Another Life in North Kivu Displacement Camp 10 Mining in DRC Regional conflict 

Fatal Shooting Claims Another Life in North Kivu Displacement Camp

Constance
A young man has tragically lost his life after being struck by a bullet while sleeping in his cabin at the Kibati displaced persons camp in Nyiragongo territory, North Kivu. Thierry Gasasiro, a local civil society rapporteur, reported that the camp experienced multiple hours of gunfire during the night, amidst the presence of FARDC soldiers, Wazalendo militiamen, and armed bandits. Gasasiro revealed that the victim was hit by a bullet of unknown origin, highlighting the escalating insecurity in Nyiragongo since the onset of the M23/RDF conflict. Incidents of murder, theft,… Read More Here

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