You are here

Written by 

Mali and Russia Set to Establish West Africa's Largest Gold Refinery 1 Gold International 

Mali and Russia Set to Establish West Africa’s Largest Gold Refinery

Constance
Mali has announced a significant milestone in its economic partnership with Russia, revealing plans to construct a gold refinery in the capital city, Bamako. The deal, part of several bilateral agreements between the two nations, outlines the establishment of a refinery boasting an impressive 200-tonne annual capacity, positioning it as the largest of its kind in West Africa. The memorandum of understanding (MoU), while non-binding, signifies a promising collaboration between Bamako and Moscow. However, no specific timeline has been set for the refinery’s construction despite the four-year term outlined in… Read More Here
Bell Equipment Honors Top Performers and Celebrates Success at Annual Sales Conference 2 Mining Equipment Events & Expos Mining in Zambia 

Bell Equipment Honors Top Performers and Celebrates Success at Annual Sales Conference

Constance
Bell Equipment Sales South Africa (BESSA), together with Bell Zimbabwe and Bell Zambia, recently hosted their much-anticipated annual sales conference and awards ceremony in the picturesque setting of the KwaZulu-Natal Drakensberg. The gathering served as a platform to recognize achievements, with the Central region earning the prestigious title of “Region of the Year.” Additionally, accolades were bestowed upon exceptional performers across various categories, spotlighting outstanding sales achievements. The awards encompassed not only sales of equipment originally manufactured by Bell Equipment but also showcased the company’s partnerships with renowned original equipment… Read More Here
FQM plans to start arbitration against Panama – ministry 3 International Copper News in Brief 

FQM plans to start arbitration against Panama – ministry

Constance
Canada’s First Quantum sent two notifications of intent to start an arbitration process against Panama, the Central American country’s trade ministry said Sunday November 26, amid protests demanding the miner’s contract to run a key mine be scrapped. Panama’s top court started deliberations to rule on several constitutional challenges to First Quantum’s contract on Friday and is expected to issue a ruling in the coming days. SOURCE:mining.com Read More Here
Panama copper miners attacked by protesters, union boss says 4 Copper International 

Panama copper miners attacked by protesters, union boss says

Constance
Protesters attacked workers leaving the Cobre Panama mine early Sunday in an incident that left about eight people injured, a union leader said. A group of protesters in a pickup truck threw stones at buses carrying staff from the First Quantum-operated mine, Michael Camacho, a leader of the Utramipa union, said by telephone. After one bus was forced to stop, the passengers fled as protesters detained the driver, Camacho said. He said he was unaware of the extent of the injuries suffered by workers. The union has called for protection… Read More Here
2022 Sees Dramatic Surge in DRC Exports Fueled by Mining and Hydrocarbons 5 Mining in DRC Cobalt Copper Economy 

2022 Sees Dramatic Surge in DRC Exports Fueled by Mining and Hydrocarbons

Constance
In 2022, Congo witnessed a substantial surge in exports, marking a notable 29.3% increase, primarily fueled by the external sales of mining and hydrocarbon products. According to the Central Bank of Congo’s 2022 Monetary Policy report, exports soared to $28.68 billion, surpassing imports totaling around $26.70 billion. Mining and hydrocarbon exports dominated the landscape, accounting for a staggering 99.4% of the total exports. This surge was largely attributed to the significant uptick in copper and cobalt export volumes, recording respective increases of 40.1% and 23.9%. These increases were propelled by… Read More Here
Chinese-Owned Mining Companies in DRC Deny Allegations of Child Labor and Market Monopoly 6 Mining in DRC Cobalt 

Chinese-Owned Mining Companies in DRC Deny Allegations of Child Labor and Market Monopoly

Constance
In response to allegations of employing minors and monopolizing the cobalt market in the Democratic Republic of Congo (DRC), mining companies backed by Chinese capital have vehemently denied these claims. The rebuttal was outlined in a formal statement received by Deskeco on Friday, November 24, countering assertions made during the American Congress’s Executive Commission on China held on November 14. The Union of Mining Companies with Chinese Capital operating in the DRC expressed firm opposition to the accusations, asserting that such claims are unfounded and do not accurately represent the… Read More Here
Zambia Introduces Cutting-Edge Digital System for Gemstone Oversight 7 Mining in Zambia Gemstones Precious Stones 

Zambia Introduces Cutting-Edge Digital System for Gemstone Oversight

Constance
Zambia takes a significant leap forward in gemstone management as the Ministry of Mines, in collaboration with the Zambia Revenue Authority (ZRA), introduces a cutting-edge online system for gemstone production reporting and export permits. This groundbreaking platform is set to revolutionize how the country oversees gemstone production reports and compliance processes. Hapenga Kabeta, Permanent Secretary of the Ministry of Mines, heralds the digital platform as a game-changer, poised to streamline gemstone production return filings and simplify permit applications within the sector. Dr. Kabeta envisions the system as a catalyst for… Read More Here
KOV Mine Emerges as Vital Ore Source in the Heart of the DRC 8 Mining in DRC 

KOV Mine Emerges as Vital Ore Source in the Heart of the DRC

Constance
In the heart of the Democratic Republic of Congo (DRC), a colossal excavation stands as a testament to the country’s rich mineral wealth. The KOV Mine, a sprawling excavation so vast that its presence is discernible from the skies, operates as the primary source of ores for the Kamoto Copper Company SA (KCC). Venturing inside this mammoth excavation reveals a symphony of heavy machinery. Massive skips, each weighing approximately 200 tonnes, maneuver through the site at full throttle. Towering drilling machines raise their masts, visible from kilometers away. It’s a… Read More Here
Tantalex Lithium Resources CEO sheds light on the importance of lithium to the DRC 9 Mining in DRC Battery Metals Lithium 

Tantalex Lithium Resources CEO sheds light on the importance of lithium to the DRC

Constance
The Democratic Republic of the Congo (DRC) is renowned in the mining industry for its abundant resources, yet it grapples with a reputation for corruption and widespread poverty, raising concerns about the equitable distribution of wealth from resource extraction. This trend, observed in numerous industries and countries globally, seems notably pronounced in the DRC. Engaging with individuals operating within such environments, like Eric Allard, CEO of Tantalex Lithium Resources (CSE:TTX, OTC:TTLXF), offers a unique perspective on the ground reality in the DRC and sheds light on daily experiences. Allard, having… Read More Here
Tragic Landslide Claims Lives of Artisanal Miners in Watsa 10 Artisanal mining Mining in DRC Mining safety 

Tragic Landslide Claims Lives of Artisanal Miners in Watsa

Constance
At least five artisanal miners have died (provisional toll) in a landslide that occurred in the gold mining area during the afternoon of Thursday, November 23, 2023, in the locality of Moku-Menze, in the territory of Watsa (Haut-Uele) in the Northeast of the DRC. According to sources from the local civil society, besides the fatalities, nine surviving artisanal miners are severely injured. The same sources state that the sudden stoppage of the engine ventilating oxygen into the holes dug for gold extraction is believed to be the cause of this… 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.