You are here

Written by 

South Africa Reacts to BHP Group's Bid for Anglo American 1 International 

South Africa Reacts to BHP Group’s Bid for Anglo American

Constance
President Cyril Ramaphosa’s spokesperson addressed BHP Group’s proposed bid for Anglo American, framing it as “normal market activity” that South Africa is monitoring closely. BHP is reportedly contemplating an enhanced offer for Anglo American after its initial $39 billion bid was rebuffed by the London-listed miner, according to a source cited by Reuters. Vincent Magwenya, the spokesperson, emphasized that it is still early in the process regarding BHP’s proposal to Anglo. He stated, “We will follow, like everybody else, the process as it unfolds. We don’t, as a country, go… Read More Here
Vedanta Seeks Capital to Revitalize Konkola Copper Mines in Zambia 2 Mining in Zambia Copper 

Vedanta Seeks Capital to Revitalize Konkola Copper Mines in Zambia

Constance
Vedanta Resources Ltd, led by billionaire Anil Agarwal, is in discussions with trading houses to raise capital for the revival of the Konkola copper mining and smelting complex in Zambia. According to sources familiar with the matter, Vedanta has explored tolling and prepayment arrangements with commodity traders, including Mercuria Energy Group, for the output from Konkola Copper Mines Plc. In addition to discussing tolling and prepayment facilities, Vedanta is considering the sale of a minority stake in KCM to address creditor obligations and invest in the mines, which were placed… Read More Here
The US asserts that it is a better option for Africa than Russia and China 3 International Governance 

The US asserts that it is a better option for Africa than Russia and China

Constance
A recent poll found that China and Russia have higher approval ratings in Africa than America. In 2023, the United States had a 56% approval rating, China 58%, and Russia 64%. The Commerce Secretary of the United States, Gina Raimondo, disclosed to the American news network CNN, that the United States, remains Africa’s best option. According to her, for African countries, the United States is the ideal partner, “without strings attached.” She also pointed out that Africa is free to make its own decisions and that this notion will not… Read More Here
PetroAngola Advocates Angolan Businesses in Angola-DRC Common Interest Zone 4 Mining in DRC Oil & Gas Petroleum 

PetroAngola Advocates Angolan Businesses in Angola-DRC Common Interest Zone

Constance
PetroAngola, under the leadership of Chairman Patrício Quingongo, is urging Angolan entrepreneurs to explore the potential business opportunities emerging from the Zone of Common Interest (ZIC) between Angola and the Democratic Republic of Congo (DRC). Quingongo believes that this initiative presents a unique chance for Angolan companies to spearhead significant segments of the oil market in the DRC. With a keen understanding of the Democratic Congo market, PetroAngola sees Angolans playing a pivotal role, leveraging their expertise and resources to tap into other lucrative regions within the DRC. This ambitious… Read More Here
President Holds Talks with Foreign Ambassadors on Eastern DRC Situation 5 Mining in DRC Governance 

President Holds Talks with Foreign Ambassadors on Eastern DRC Situation

Constance
President Félix Tshisekedi of the Democratic Republic of Congo (DRC) convened a meeting with Ambassadors Roxane De Bilderling of Belgium, Lucy Tamlyn of the United States of America, and Bruno Aubert of France at the African Union City on Thursday to address the security and humanitarian challenges in the eastern region of the country. During the discussions, Ambassador Roxane De Bilderling emphasized the pressing security issues in the East, drawing from her recent visits to Goma and Bunia. She highlighted Belgium’s commitment to forming a rapid reaction brigade to address… Read More Here
PRESIDENT FELIX TSHISEKEDI ARRIVES IN PARIS FOR A 3-DAY OFFICIAL VISIT 6 Mining in DRC Governance 

PRESIDENT FELIX TSHISEKEDI ARRIVES IN PARIS FOR A 3-DAY OFFICIAL VISIT

Constance
It was in the early morning of Monday, April 29 that the President of Felix Tshisekedi arrived in Paris, France, for an official visit of 3 days. On this occasion, the French Republic has unfurled the entire protocol for hosting a State visit in two stages. At Paris Orly Airport, the Head of State and the distinguished First Lady Denise Nyakeru were received by Mrs. Chrysoula ZACHAPOPOULI, Secretary of State for Development and International Partners. The other moment of solemn welcome was at the mythical Place des Invalides in the… Read More Here
TFM mining destroys the environment in Manomapia causing water and air pollution 7 Mining in DRC Environment Social Governance (ESG) 

TFM mining destroys the environment in Manomapia causing water and air pollution

Constance
Presence of toxic gases in the air, soil and water, the inhabitants of Manomapia, a district located in the urban-rural commune of Fungurume, are plunged into a humanitarian drama caused by the 30k copper processing plant and cobalt owned by Tenke Fungurume Mining (TFM). Denounced since 2020 by the local civil society of Fungurume in particular for lack of clarity in the environmental and social impact study, the installation in 2023 of the “30K” factory for the processing of copper and cobalt exploited by Tenke Fungurume Mining , disrupted the… Read More Here
Rwanda's Mining Exports to UAE Surpass DRC's by 7% in 2023 8 Mining in DRC Economy Gold Tin 

Rwanda’s Mining Exports to UAE Surpass DRC’s by 7% in 2023

Constance
In 2023, the Rwanda Development Board reported a significant milestone for the country, with foreign exports reaching $3.5 billion, marking a remarkable 17.2% growth compared to 2020. This growth, according to the government institution tasked with accelerating Rwanda’s economic development, stemmed from the export of various raw materials, including raw gold, platinum-plated gold, zirconium, tin, and tungsten. Additionally, essential products like malt, wheat or meslin flour, cereal flours, coffee, tea, and cement contributed to this upward trend. The United Arab Emirates emerged as the primary importer, accounting for 56.9% of… Read More Here
Tragic Earthslide Claims Lives at Mayi-Musi Gold Mine in Djugu 9 Gold Mining in DRC Mining safety Safety & Health 

Tragic Earthslide Claims Lives at Mayi-Musi Gold Mine in Djugu

Constance
A devastating earthslide at the Mayi-Musi mining site in Djugu, located approximately 100 kilometers from Bunia in Ituri province, resulted in the loss of four lives and injuries to three others. According to local sources, the incident occurred on Sunday, April 21, 2024, around 5 p.m., shortly after a light rain. The mining site, which had been abandoned for many years, boasts at least seven gold shafts. Eyewitness testimonies reveal that the seven victims, including four fatalities due to asphyxiation, were inside one of the gold shafts, approximately eight meters… Read More Here
Concerns Rise Over Use of Attack Dogs in Congolese Mining Areas 10 Mining in DRC Mine Safety 

Concerns Rise Over Use of Attack Dogs in Congolese Mining Areas

Constance
Civil society organizations in the Democratic Republic of Congo (DRC) are raising alarm over the threat to human rights posed by attack and defense dogs in mining regions. They are urging President Félix Tshisekedi to extend initiatives aimed at regulating this sector to security firms. The call comes in response to President Tshisekedi’s announcement to regulate the breeding and ownership of attack and defense dogs. According to Congolese civil society groups, there is a pressing need to address the problematic deployment of these dogs by security companies in mining zones.… 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.