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SkyPower Global and ZESCO Sign Landmark 1000 MW Power Purchase Agreement in Zambia 1 Mining in Zambia Copper Electricity 

SkyPower Global and ZESCO Sign Landmark 1000 MW Power Purchase Agreement in Zambia

Constance
SkyPower Global, a renowned leader in large-scale solar energy solutions, and Zambia Electricity Supply Corporation (ZESCO) have sealed a groundbreaking 1000 MW Power Purchase Agreement (PPA). This significant milestone is a cornerstone of Zambia’s Integrated Renewable Energy Plan, aimed at substantially boosting the nation’s renewable energy capacity to foster sustainable growth. Zambia’s President, Hakainde Hichilema, hailed the Green Giant Zambia project as a vital component of the country’s renewable energy strategy, especially amidst the current climate-induced drought. The initiative seeks to ramp up Zambia’s renewable capacity to meet present and… Read More Here
DRC Raises Concerns with Apple Over Alleged Use of Conflict Minerals 2 Mining in DRC Tin 

DRC Raises Concerns with Apple Over Alleged Use of Conflict Minerals

Constance
The Democratic Republic of Congo (DRC) has conveyed apprehensions to Apple Inc. regarding the potential presence of conflict minerals sourced from the country within the tech giant’s supply chain. International lawyers representing the Congolese state submitted inquiries to Apple on April 22, expressing concerns about the origin of minerals like tin, tungsten, and tantalum, collectively known as 3T minerals, as reported by Bloomberg. This development follows a recent US court ruling that cleared several tech companies, including Apple, of child labor charges in cobalt mines across Africa. In a statement… Read More Here
Vale CEO Confirms Minas-Rio Project Unaffected by BHP's Bid for Anglo American 3 International 

Vale CEO Confirms Minas-Rio Project Unaffected by BHP’s Bid for Anglo American

Constance
During a conference call on Thursday, Vale SA’s CEO, Eduardo Bartolomeu, assured analysts that BHP Group’s bid for Anglo American would have no impact on Vale’s Minas-Rio project. Bartolomeu emphasized that the ongoing project under Anglo American’s management would be respected regardless of any future developments. Responding to inquiries about potential interest in Anglo’s assets, Bartolomeu stated that while Vale would indeed be interested, the company currently prioritizes internal projects over external acquisitions. “We don’t see any impact on the Minas-Rio deal. It’s being done, of course, by Anglo and… Read More Here
South Africa scrutinizes BHP bid for Anglo weeks before election 4 International Copper 

South Africa scrutinizes BHP bid for Anglo weeks before election

Constance
South Africa’s government is scrutinizing BHP Group’s proposed deal to buy Anglo American, a spokesperson said, with the deal likely to concern officials the coming weeks before a general election where the governing party’s majority is at risk. The deal worth about $39 billion would involve Anglo exiting its platinum and iron ore assets in South Africa. It could trigger large capital outflows and further dent the country’s reputation as a destination for mining investment. Anglo’s potential exit would mark the end of an era for a company founded in… Read More Here
Chile president wants copper output boost of 1Mt by 2026 5 International Copper News in Brief 

Chile president wants copper output boost of 1Mt by 2026

Constance
Chile President Gabriel Boric said on Thursday he is targeting an increase in the country’s annual copper output by 1 million metric tons by the end of his term in 2026. “We have to take advantage of this super-cycle of copper that has been spoken of positively in recent days,” he said at an event, adding that he was referring to state-run miner Codelco as well as privately run operations in the country that is the world’s top copper producer. SOURCE:mining.com Read More Here
ZESCO Expands Last Mile Connection Project to Boost Electricity Access in Lusaka 6 Mining in Zambia Electricity Energy 

ZESCO Expands Last Mile Connection Project to Boost Electricity Access in Lusaka

Constance
Amidst the ongoing challenges of load shedding, ZESCO Limited is leading efforts to strengthen community resilience in Lusaka through the Lusaka Transmission and Distribution Rehabilitation Project (LTDRP). The project, which initiated its Last Mile connections on March 11th, 2024, aims to address issues within the 400V low voltage distribution network. Matongo Maumbi, Company Spokesperson, underscored the significance of this critical phase in enhancing the reliability and flexibility of the network. The initiative targets eight key townships, including Mtendere East, Chainda, Kamanga, Ngwerere, Mandevu, Garden Compound, John Howard, and Chawama, benefiting… Read More Here
Anglo’s stumbles have made it prey for mining’s biggest predator 7 International Copper Mining Companies 

Anglo’s stumbles have made it prey for mining’s biggest predator

Constance
When former boss Mark Cutifani left Anglo American in mid-April 2022, things had rarely looked better for the century-old miner. Metals prices soared as the world emerged from lockdowns, the company had recently posted its best-ever annual profit and the popular industry veteran was handing over to a trusted lieutenant. Anglo stock hit a record the same day. Two years later, the company’s reputation is in tatters after a series of missteps sent its value plunging by half. And now industry heavyweight BHP Group is moving in. BHP’s proposal to… Read More Here
Incident at Glencore's Copper Smelter Sparks Concerns from Australian Workers' Union 8 International Copper Mine Safety 

Incident at Glencore’s Copper Smelter Sparks Concerns from Australian Workers’ Union

Constance
The Australian Workers’ Union (AWU) has raised serious concerns following an incident at Glencore’s copper smelter in Mount Isa, which left two workers critically injured. AWU Queensland secretary Stacey Schinnerl expressed deep concern over the incident, stating, “Tough questions need to be asked about how an incident like this has occurred.” According to reports, the contract workers were at the Mount Isa Mines copper smelter when a steam vent opened adjacent to their work area. The incident occurred on Thursday and resulted in severe injuries to the workers. ABC News… Read More Here
Workers in Mozambique block entrance to ruby mine 9 International News in Brief 

Workers in Mozambique block entrance to ruby mine

Constance
One hundred workers from the logistics company REEF blocked the main entrance of the camp and the mine area where the company FURA’s ruby washing plant is located, in the Montepuez district, Cabo Delgado. The issue at hand is a debt of 17 million meticais owed by the REEF company. According to António Ramalho, secretary of the local union committee, workers have not received their wages for three months, and this is the way they found to pressure REEF to honor its commitments. The REEF representative, Rui Frederico, says the… Read More Here
Anglo American Rejects BHP's Unsolicited Proposal 10 International Copper 

Anglo American Rejects BHP’s Unsolicited Proposal

Constance
Anglo American plc has officially rejected the unsolicited, non-binding, and highly conditional combination proposal from BHP Group Limited, following careful consideration by its Board. The Proposal involved an all-share offer for Anglo American by BHP, contingent upon Anglo American completing two separate demergers of its entire shareholdings in Anglo American Platinum Limited and Kumba Iron Ore Limited to Anglo American shareholders. These transactions were inter-conditional. After thorough evaluation with its advisers, the Board concluded that the Proposal significantly undervalues Anglo American and its future prospects. Additionally, the proposed structure was… Read More Here

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