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4IR Technologies to Boost Competitiveness of Africa’s Mining Industry 1 Mining technology Battery Metals Cobalt Copper Diamond Environment Social Governance (ESG) Equipment & Technology Gold International 

4IR Technologies to Boost Competitiveness of Africa’s Mining Industry

Constance
In addition to serving as an important aspect of the global energy transition, critical mineral resources represent a crucial source of revenue for many African nations. As a result, the continent is well-positioned to leverage and embrace Fourth Industrial Revolution (4IR) technologies – including artificial intelligence (AI), automation, data analytics and predictive modeling – to optimize production processes, enhance decision-making and render its mining sector more competitive globally. Set to define the future of mining, real-time data analytics provide additional insights into underlying mining systems and enable short interval control… Read More Here
KoBold Metals Aims to Revolutionize Copper Mining in Zambia 2 Mining in Zambia Battery Metals Cobalt Copper Exploration 

KoBold Metals Aims to Revolutionize Copper Mining in Zambia

Constance
KoBold Metals, backed by a group of influential billionaires, including Bill Gates and Jeff Bezos, has unveiled ambitious plans to establish a copper-cobalt mine in Zambia within the next decade. The California-based company, which allocated $150 million to the Mingomba project earlier this year, intends to explore additional copper deposits at this site, hailed as the world’s highest-grade undeveloped copper resource. KoBold, boasting the world’s leading mining company, BHP, among its shareholders, anticipates completing further exploration at the property in the coming year. Mfikeyi Makayi, CEO of KoBold Metals, remarked,… Read More Here
DRC Requires a Minimum of $30 Billion for Electric Battery Industry Development 3 Mining in DRC Battery Metals 

DRC Requires a Minimum of $30 Billion for Electric Battery Industry Development

Constance
The Arise firm has unveiled the results of its pre-feasibility study on the development of the electric battery industry in the Democratic Republic of Congo (DRC) on Thursday, September 21, 2023, in New York, United States. The report indicates that the investment required for this ambitious project is approximately $30 billion. Although preliminary, the study reaffirms the feasibility of manufacturing battery precursors within the DRC. Julien Paluku Kahongya, the Congolese Minister of Industry, hailed the significance of this study, emphasizing its potential to attract partners interested in investing in Africa,… Read More Here
DRC's EITI Raises Awareness Among Mining Firms Regarding 0.3% Turnover Allocation 4 Mining in DRC Corporate social responsibility 

DRC’s EITI Raises Awareness Among Mining Firms Regarding 0.3% Turnover Allocation

Constance
The Democratic Republic of Congo’s Extractive Industries Transparency Initiative (ITIE-DRC) recently conducted a workshop from September 19 to 21, 2023. This event aimed to raise awareness and facilitate discussions regarding the application of Mining Code provisions and related decrees pertaining to the allocation of a minimum of 0.3% of mining companies’ turnover in the DRC. Held concurrently in Durba, Goma, Lubumbashi, and Kolwezi, these discussions provided a platform for stakeholders to address ambiguities surrounding this matter that had previously divided them. The workshop was expertly led by professionals from ST… Read More Here
Global Electric Battery Market Projected to Reach USD 1,298.32 Billion by 2027 5 Mining in Zambia Battery Metals Mining in DRC 

Global Electric Battery Market Projected to Reach USD 1,298.32 Billion by 2027

Constance
The global electric battery market is projected to reach a staggering $1,298.32 billion by 2027. This substantial figure has captured the attention of nations such as the Democratic Republic of Congo (DRC), the Republic of Zambia, and various other African countries, which possess valuable minerals essential for electric battery production. These statistics were unveiled by Professor Jean-Baptiste Ngagoma Kushinganine, a faculty member at the Catholic University of Bukavu, during the inaugural day of the DRC-Africa Forum on battery metals held in Kinshasa from September 20 to 21, 2023. Professor Jean-Baptiste… Read More Here
DRC Claims Only 3% of the Global Cobalt Value Chain 6 Mining in DRC Battery Metals Cobalt Mining revenue 

DRC Claims Only 3% of the Global Cobalt Value Chain

Constance
The Democratic Republic of Congo (DRC), the world’s leading producer of cobalt, holding nearly 70% of the world’s reserves of this mineral, captures very little of the revenue generated in this sector. According to the figures recorded by Professor Jean-Baptiste Kushinganine during the first day of the just ended DRC-Africa 2023 forum on battery metals, which was organized in Kinshasa, from September 20 to 21, 2023, only 3% captured from the global cobalt value chain. “Confined to the role of exporters of raw materials, the DRC is at the bottom… Read More Here
Port Company Relocates 128 Workers to Lobito Atlantic Railway in Angola 7 Angola Corporate social responsibility Transport and Logistics 

Port Company Relocates 128 Workers to Lobito Atlantic Railway in Angola

Constance
The Lobito Port Company transferred, on Tuesday September 19th, 128 workers to the Lobito Atlantic Railway, as part of the award of the Mining Terminal, included in the Lobito Corridor infrastructure concession contracts to private institutions. Lobito Atlantic Railway, a subsidiary company of Mota-Engil, Trafigura and Vecturis,   guaranteed compliance with all clauses of the contract, so that the 128 workers transferred from the Porto do Lobito sphere to its organic structure have an integration that reflects the goals set by the Board.  During the event, income declarations were signed by the workers,… Read More Here
Kansanshi Mining and Solwezi Municipality Collaborate on Road Upgrading Project 8 Mining in Zambia Corporate News Corporate social responsibility 

Kansanshi Mining and Solwezi Municipality Collaborate on Road Upgrading Project

Constance
In a promising partnership aimed at enhancing the infrastructure in Solwezi, Kansanshi Mining Plc General Manager, Anthony Mukutuma, and Solwezi Mayor, Remmy Kalepa, have jointly inaugurated the commencement of an extensive road upgrading project covering 4.3 kilometers within the township. This substantial initiative is being undertaken at a cost of K29 million kwacha and is facilitated through a mutual debt-swap arrangement between Kansanshi Mining Plc, a subsidiary of First Quantum Minerals (FQM), and the Solwezi Municipal Council. The project is set to significantly improve the quality of road infrastructure in… Read More Here
ARSP Takes Action, Eliminates 1,200 Companies from Kinshasa's Subcontracting Market 9 Mining in DRC Environment Social Governance (ESG) Mining Policy 

ARSP Takes Action, Eliminates 1,200 Companies from Kinshasa’s Subcontracting Market

Constance
After the results of the control carried out in the subcontracting sector in Kinshasa, the Regulatory Authority for Subcontracting in the Private Sector (ARSP) published the list of 1,200 subcontracting companies now banned from operating.  These are considered irregular at a time when the Congolese state loses around 8 billion US dollars each year. “We launched judicial police officers on the ground and at the end of the control, we deregistered 1,200 subcontracting companies which were not eligible for the subcontracting market.  These were companies that worked illegally and most… Read More Here
DRC President Emphasizes Global Cooperation for Mineral Resource Development 10 Mining in DRC 

DRC President Emphasizes Global Cooperation for Mineral Resource Development

Constance
During his address at the 78th ordinary session of the United Nations General Assembly, President Félix Tshisekedi of the Democratic Republic of Congo (DRC) underscored the significance of international collaboration for sustainable development and ecological transition. He also highlighted his nation’s abundant mineral resources. As the global demand for rare minerals like copper and cobalt surges to support the shift towards renewable energy and clean technology, the DRC has become a focal point of international attention. President Tshisekedi reaffirmed his country’s commitment to partnering with both public and private entities… Read More Here

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