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Apple Denies Allegations of Conflict Mineral Use, Halts Purchases from DRC and Rwanda 1 Mining in DRC 

Apple Denies Allegations of Conflict Mineral Use, Halts Purchases from DRC and Rwanda

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Apple has firmly rejected allegations that it uses conflict minerals in its products, following a criminal complaint filed by the Congolese government in France and Belgium. The company stated on Tuesday that it had instructed its suppliers earlier this year to cease sourcing tin, tantalum, tungsten, and gold from the Democratic Republic of Congo (DRC) and Rwanda. This decision was reportedly prompted by escalating conflict in the region. In a statement to Reuters, Apple clarified its stance: “We require our suppliers’ smelters and refiners to stop purchasing these minerals from… Read More Here
Barrick’s Pueblo Viejo Remains Committed to Fair Resettlement Process 2 International Gold Press Release 

Barrick’s Pueblo Viejo Remains Committed to Fair Resettlement Process

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 The Barrick operated Pueblo Viejo mine has said it remained committed to an equitable Resettlement Action Plan required to advance the development of the El Naranjo Tailings Storage Facility, which will help extend the life of the mine beyond 2040 while sustaining gold production above 800,000 ounces a year. Barrick’s Dominican Republic country manager, Juana Barcelo, said Pueblo Viejo has been working closely and transparently with those community members who will need to be resettled, including on issues such as the development of the host site, the construction of houses,… Read More Here
Jubilee Metals Faces Power Disruptions at Roan While Advancing Key Projects in Zambia 3 Mining in Zambia Electricity New Mining Projects 

Jubilee Metals Faces Power Disruptions at Roan While Advancing Key Projects in Zambia

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Diversified metals processor Jubilee Metals, which operates in South Africa and Zambia, has reported significant disruptions at its Roan facilities in Zambia due to unplanned power outages. The blackouts have severely impacted production, with Roan operations being particularly vulnerable compared to the Sable refinery, which benefits from private electricity supply. In contrast, Jubilee’s Munkoyo and Project G mining operations remain unaffected and on schedule. The company is actively collaborating with Zambian authorities to manage the timing of outages and power restoration to reduce costs. However, the uncertainty surrounding Zambia’s national… Read More Here
Barrick International Gold Press Release 

Barrick Update on Mali Operations

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Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) reports that although it had previously agreed on a framework to achieve a global resolution of the disputes with the Government of Mali over the Loulo-Gounkoto complex, it has to date been unsuccessful in arriving at a final resolution despite numerous good-faith attempts to negotiate and a willingness to compromise beyond its legal rights. Barrick has engaged constructively with the Malian government and its external advisors over the past 12 months, addressing their requests for an increased share of the economic benefits generated by Loulo-Gounkoto. Notably,… Read More Here
DRC Files Criminal Complaints Against Apple Over Conflict Minerals 4 Mining in DRC 

DRC Files Criminal Complaints Against Apple Over Conflict Minerals

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The Democratic Republic of Congo (DRC) has filed criminal complaints against Apple subsidiaries in France and Belgium, accusing the tech giant of using conflict minerals in its supply chain. Lawyers representing the Congolese government revealed the allegations to Reuters. The DRC, a significant source of tin, tantalum, and tungsten—known as 3T minerals—used in electronic devices, has long suffered from artisanal mines controlled by armed groups. These groups have been linked to atrocities, including massacres, mass rapes, and looting, as reported by UN experts and human rights organizations. Apple, which does… Read More Here
DRC and Indonesia to Sign Mining and Environmental Cooperation Agreement 5 Mining in DRC News in Brief Partnership 

DRC and Indonesia to Sign Mining and Environmental Cooperation Agreement

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The governments of the Democratic Republic of Congo (DRC) and Indonesia are set to sign a cooperation agreement in the mining and environmental sectors in the coming days. This was confirmed following a videoconference on Saturday, December 14, 2024, between DRC President Félix Tshisekedi and his newly inaugurated Indonesian counterpart, Prabowo Subianto. During the exchange, President Subianto extended an official invitation to President Tshisekedi for a state visit to Indonesia in the near future, as announced on the DRC presidency’s X account. Indonesia, a recognized leader in the mining sector… Read More Here
Molendo Sakombi Presents Draft Laws to Boost Cross-Border Oil Management with Angola and Uganda 6 Mining in DRC Oil & Gas 

Molendo Sakombi Presents Draft Laws to Boost Cross-Border Oil Management with Angola and Uganda

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Last Thursday, the Minister for Hydrocarbons of the Democratic Republic of Congo (DRC), Molendo Sakombi, presented two draft laws to the National Assembly aimed at improving the management and exploitation of oil resources in cross-border areas shared with Angola and Uganda. The first draft law, signed in July 2023, addresses governance and management agreements for the common oil zone. The second draft law involves an amendment signed on October 3, 2024, between the DRC and Angola. Additionally, the second law references agreements signed with Uganda on June 23, 1990, and… Read More Here
Fortescue Metals Secures $10 Million for Development of Fast Chargers for Heavy Mining Equipment 7 International Mining Equipment 

Fortescue Metals Secures $10 Million for Development of Fast Chargers for Heavy Mining Equipment

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Australian technology, energy, and metals group Fortescue Metals has received A$10 million in funding from the Australian Renewable Energy Agency (ARENA) to advance the development of a 6 MW fast charger. This funding will support Fortescue’s efforts to deploy fast-charging technology capable of powering battery-electric heavy mining equipment. The project will involve designing, constructing, and validating several test-unit chargers, with the aim of launching the first production 6 MW charger by the end of 2025. Developed by Fortescue Zero, the company’s dedicated renewable-energy division, the 6 MW fast charger will… Read More Here
Zesco Settles $82 Million Loan Prepayment to China Exim Bank for Kariba North Bank Extension 8 Mining in Zambia Electricity 

Zesco Settles $82 Million Loan Prepayment to China Exim Bank for Kariba North Bank Extension

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The Zambian government has clarified that the $82 million paid by Zesco to China Exim Bank is part of a loan obtained to help develop the $320 million, 360-megawatt Kariba North Bank Extension hydropower station. According to the Ministry of Finance, the financing agreement, secured in November 2009, established an account to manage funds for servicing the loan. Secretary to the Treasury, Felix Nkulukusa, explained that following approval from the Zesco Board in December 2022, the company transferred the accumulated $82 million as a principal prepayment to China Exim Bank.… Read More Here
Zambia’s EV Battery Plant Nears Market Rollout Amid Manufacturing Sector Growth 9 Mining in Zambia Battery Metals 

Zambia’s EV Battery Plant Nears Market Rollout Amid Manufacturing Sector Growth

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Commerce, Trade, and Industry Minister Chipoka Mulenga has announced that the Electric Vehicle (EV) battery plant in Chibombo, operated by the Zambia Jiangxi Multi-Facility Economic Zone, is conducting battery trials. The batteries are expected to enter the market by January 2025. Speaking at the 38th Annual General Meeting of the Zambia Association of Manufacturers (ZAM) in Lusaka, Mulenga emphasized the pivotal role of the manufacturing sector in achieving Zambia’s Vision 2030 to become a prosperous middle-income nation. During the event, a memorandum of understanding was signed between the Ministry of… Read More Here

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