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Southern African Governments Urged to Prioritize Infrastructure for Lucrative Minerals 1 Mining in Zambia Cobalt Copper Mining in DRC Transport and Logistics 

Southern African Governments Urged to Prioritize Infrastructure for Lucrative Minerals

The vast mineral reserves in Africa, constituting 30% of the world’s total, are a treasure trove of resources essential for powering the green revolution. Cobalt, copper, manganese, and lithium, among others, hold tremendous potential for driving economic growth and sustainable development in the region. However, to fully capitalize on these lucrative minerals and avoid the resource curse, governments in southern Africa must prioritize significant infrastructure investments, especially in transportation and processing facilities, integral components of the mining value chain. Enhancing South African Exports through Infrastructure Investments Despite its mineral wealth,… Read More Here
Enhancing Artisanal Mining in the Democratic Republic of Congo 2 Mining in DRC Artisanal mining 

Enhancing Artisanal Mining in the Democratic Republic of Congo

Artisanal mining plays a significant role in the Democratic Republic of Congo (DRC), contributing to the livelihoods of millions of people while also posing challenges related to environmental degradation, human rights abuses, and low productivity. To unlock its full potential and promote responsible mining practices, a comprehensive approach is required. This article delves into key strategies to improve artisanal mining in the DRC, fostering economic growth, social development, and environmental sustainability. Formalization and Regulation The first step to improve artisanal mining in the DRC is to formalize and regulate the… Read More Here
Mine Accident in DRC Bas-Uélé: Four Dead, Several Missing 3 Mining in DRC Mine Safety 

Mine Accident in DRC Bas-Uélé: Four Dead, Several Missing

The provincial government of Bas-Uélé informed of the death of several people this Tuesday, August 1st around following an accident in the seminary mining site, Ndafu site, Gaya chiefdom in the territory of Bondo.  Without giving the exact number of diggers who worked in the mine during the incident, the authorities indicate that four bodies were extricated from the rubble and four people saved. Several people are still missing.   “The crisis cell was set up with a search and rescue mission that mobilized more than 1,500 volunteers with the services in… Read More Here
DRC Govt Defends Against Threat of Cobalt Banishment 4 Mining in DRC Cobalt 

DRC Govt Defends Against Threat of Cobalt Banishment

In an official statement, the Congolese Government, through the Ministry of Mines, being aware of the threats of banishment of Congolese cobalt on the international market, gives clarifications of all the efforts undertaken so far for the development and securing of the artisanal extractive sector in order to comply with both environmental requirements and those of governance and traceability of minerals. For the Minister of Ministers who signed this press release, the formalization of the artisanal mining sector is done in full respect of the Mining Code and its implementing… Read More Here
Sibanye suspends Kloof shaft operations after infrastructure damage 5 International Gold Mine Safety 

Sibanye suspends Kloof shaft operations after infrastructure damage

Sibanye Stillwater has suspended mining operations at its Kloof 4 shaft in South Africa, which produces 14% of the miner’s gold output, after it suffered infrastructure damage, the company said on Tuesday August1st. No injuries were reported after the incident, which occurred on July 30 during a standard safety trial run of the conveyance system conducted before workers were hoisted up the shaft, Sibanye said in a statement. “The incident occurred between shifts and all employees below 39 level were safely brought to the surface without any injuries sustained,” the… Read More Here
Zambia's Energy Regulations Board (ERB) Implements Revised Fuel Prices 6 Mining in Zambia Petroleum Transport and Logistics 

Zambia’s Energy Regulations Board (ERB) Implements Revised Fuel Prices

In response to the recent fluctuations in international oil prices and exchange rates, the Energy Regulations Board (ERB) of Zambia has made significant adjustments to the pump prices of various petroleum products. Effective from the beginning of August, consumers will experience changes in the cost of petrol, diesel, kerosene, and Jet A-1. Petrol prices per liter will now be set at 25 Kwacha 57 ngwee, up from the previous 24 Kwacha 93 ngwee, while diesel will be priced at 23 Kwacha 36 ngwee per liter, an increase from the earlier… Read More Here
Zambia's Mines Minister Updates on Copper Mines Negotiations 7 Mining in Zambia Copper Gold 

Zambia’s Mines Minister Updates on Copper Mines Negotiations

Zambia’s Minister of Mines, Paul Kabuswe, recently provided an update on the status of negotiations concerning the ownership of Konkola Copper Mines and Mopani Copper Mines. Despite the initial promise of a swift resolution, both parties are still engaged in discussions and have yet to reach a mutually agreeable decision on several key issues. In his statement, Minister Kabuswe assured the public that he will provide periodic updates on the progress of these negotiations until a final resolution is achieved. The government’s priority in these negotiations is to ensure that… Read More Here
Divergent Policies in Zambia and Zimbabwe: Critical Minerals to Rescue? 8 Mining in Zambia Battery Metals Cobalt Copper Diamond Lithium 

Divergent Policies in Zambia and Zimbabwe: Critical Minerals to Rescue?

In late 2022, Lake Kariba, the world’s largest dam reservoir, experienced record-low water levels, leading Zimbabwe to halt electricity generation at the Kariba Dam’s South Power Station, while neighboring Zambia faced water rationing during an economic crisis. Both countries possess significant mineral reserves that could contribute to global energy transitions. However, they are grappling with climatological shifts that are destabilizing Southern African states, with floods, droughts, and cyclones becoming frequent and devastating events. The reliance on hydropower, which constitutes over 20 percent of the region’s energy mix, makes the impact… Read More Here
Zambia and Russia Explore Collaboration in Electric Vehicle Battery Production 9 Mining in Zambia Battery Metals Partnership 

Zambia and Russia Explore Collaboration in Electric Vehicle Battery Production

In a groundbreaking move aimed at bolstering the electric vehicle (EV) industry, the Russian motor vehicle sector is actively seeking partnerships with Zambia to manufacture advanced EV batteries. The Russian President, Vladimir Putin, recently expressed his country’s interest in establishing joint ventures with Zambia to facilitate the production of cutting-edge EV batteries. Both nations have enjoyed a long history of warm bilateral relations, making this collaboration a natural progression. The announcement was made during the Russia-Africa Economic and Humanitarian Forum in Saint Petersburg, Russia, where Zambian Foreign Affairs and International… Read More Here
Glencore in advanced talks for Argentina copper stake 10 Copper International 

Glencore in advanced talks for Argentina copper stake

Glencore Plc is in advanced talks to buy out its partner in Argentina’s Mara copper project as the commodity trader and miner seeks increased exposure to the metal, according to people familiar with the matter. Glencore is close to finalizing a deal to acquire Pan American Silver Corp.’s 56% stake that could be announced as soon as next week, said the people, who asked not to be identified discussing private information. The biggest miners are universally bullish on copper, expecting surging demand in the coming years as a greener world… Read More Here

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