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Economist Warns: De Beers' Departure Threatens Botswana's Economy 1 International Diamond 

Economist Warns: De Beers’ Departure Threatens Botswana’s Economy

Constance
Economist and leader of the Alliance for Progressives (AP), Ndaba Gaolathe, has said that the talk of Botswana walking away from De Beers, if it were to happen, would put the Debswana mega expansion projects in jeopardy, thereby putting the economy of Botswana at risk of collapse. Gaolathe, who made a public statement last week, said that if Botswana were to part ways with its long-term partner without a plan in place, it would be a blunder of great proportions. “The profitability of mines is diminishing because mines are getting… Read More Here
U&M and Hexagon ready to deploy AHS solution at Brazil mine 2 International 

U&M and Hexagon ready to deploy AHS solution at Brazil mine

Constance
U&M Mineração e Construção S/A, as the largest native open-pit mining contractor in the Americas and one increasingly focused on sustainability, is about to embark on a major autonomous haulage project that could prove transformational for all sizes of mine sites across the globe. The company has been busily working on an in-house Autonomous Haulage System (AHS) for several years, enlisting the help of Hexagon’s Mining division back in 2020 to ensure what it delivered to the market was a commercial proposition with widescale applicability, IM discovered this week at HxGN LIVE Global… Read More Here
Investors warm up as push for Kenya to lift Mineral exploration freeze mounts 3 International 

Investors warm up as push for Kenya to lift Mineral exploration freeze mounts

Constance
Investors are eyeing the Kenyan mining industry with bigger investments propelled by growing hopes of the government lifting a ban on new exploration licenses to tap billions lying in mineral reserves. International investors and local stakeholders in the sector have lined up events that they intend to use to revive investments and push the new administration to lift the moratorium that has locked out billions in capital. Kenya Chamber of Mines from July 17-23 will host the inaugural mining week which will bring together private and government players ahead of… Read More Here
MMAMABULA Project: Jindal Builds Botswana's Largest Coal Mine & Power Plant 4 International Coal Energy 

MMAMABULA Project: Jindal Builds Botswana’s Largest Coal Mine & Power Plant

Constance
The multi-billion dollar O P Jindal Group is hitting the ground running to kick start its long awaited Mmamabula Coal Project. Jindal holds mining license for about 3 billion tonnes of coal in the East Mmamabula Coal Fields. The company is planning to carry out initial mining of 4.5 million tonnes per annum of coal and also to set up a 300 Megawatt power plant at Mmamabula, along with the related infrastructure works. The Jindal’s Mmamabula Coal Mine will be Botswana’s biggest, just 300 000 tonnes above state owned Morupule… Read More Here
Schréder ITERRA: Future-Proof Lighting Platform for Efficient Infrastructure Management 5 Sponsored Content 

Schréder ITERRA: Future-Proof Lighting Platform for Efficient Infrastructure Management

Constance
BEKA Schréder’s lighting control solution, Schréder ITERRA, is suitable for all industrial and large area applications. Schréder ITERRA offers site managers a robust, cost-effective and future-proof platform to run their infrastructure with the utmost flexibility for adapting the lighting to any scenario or activity while maximising energy savings and providing the best experience for employees, visitors and managers. LET’S GO WIRELESS No unnecessary cabling, no PLC (Programmable Logic Controller), no complicated commissioning process. Schréder ITERRA is the 100% wireless control system for indoor and outdoor industrial facilities and large areas.… Read More Here
Mozambique supercharges control of its Natural resource exports 6 International 

Mozambique supercharges control of its Natural resource exports

Constance
Mozambique’s government is implementing measures with the potential to generate hundreds of millions of USD annually, enhancing efficiency, combating smuggling, and reducing fiscal risks. Mozambique has taken a significant step forward in bolstering its economy with a new fiscal measure aimed at better control of its natural resources’s wealth as part of Filipe Nyusi’s PAE (Economic Acceleration Package). The country is implementing measure 6 of the PAE package, which aims to strengthen the supervision of natural resource export operations. The measure will ensure greater efficiency in the taxation of exports… Read More Here
Tenke Fungurume Mining Urges DRC Mining Code Implementation 7 Mining in DRC 

Tenke Fungurume Mining Urges DRC Mining Code Implementation

Constance
Speaking on the last day of DRC Mining Week 2023, Patrick Mukonki, Director of Mines at Tenke Fungurume Mining, insisted on the implementation of the Mining Code in the Democratic Republic of Congo (DRC). For this mining expert, “the laws are correctly dimensioned in the mining sector in the DRC but it just lacks the implementation”. Patrick Mukonki was one of the panelists in the sponsored forum, Friday, June 16, 2023, by EquityBCDC. Focused on the theme entitled “What are the expectations of downstream companies with regard to mining development… Read More Here
 Kibali advocates responsible Mining production 8 Mining in DRC Environment Social Governance (ESG) 

 Kibali advocates responsible Mining production

Constance
Cyril Mutombo, the Managing Director of Barrick RDC, discussed the criteria for responsible mining production and exploitation during a sponsored panel held by Glencore on June 16, 2023. The panel primarily focused on mining development plans and the overall impact of sustainable development goals on corporate responsibilities. According to Mutombo, responsible production or mining refers to operations that adhere to established standards and comply with legal requirements. It encompasses meeting environmental standards and ensuring that all stakeholders benefit from the mining activities while respecting the environment. Compliance with legal requirements… Read More Here
Mwembeshi Resources Invests $50M to Revive Kangaluwi Mine in Lower Zambezi 9 Mining in Zambia Copper New Mining Projects 

Mwembeshi Resources Invests $50M to Revive Kangaluwi Mine in Lower Zambezi

Constance
Mwembeshi Resources Limited, a subsidiary of Zambezi Resources, has reported significant progress in its efforts to resume full-scale copper production at the Kangaluwi mine in the lower Zambezi National Park area. The company has invested over USD $50 million in various development activities, including the construction of the mining site road, power line connections, mineral explorations, and equipment procurement. In an interview with ZBT, Oliver Shalala, spokesperson for Mwembeshi Resources, highlighted that the substantial investment has been allocated to meet necessary requirements for the mine’s operations. These include ensuring compliance… Read More Here
Key Sponsor of DRC Mining Week, Invests $2B USD in Mining Sector 10 Mining in DRC Events & Expos 

Key Sponsor of DRC Mining Week, Invests $2B USD in Mining Sector

Constance
EquityBCDC is among the biggest sponsors of DRC Mining Week. For several years, this bank has supported mining players throughout the value chain from the exploitation, production and marketing of minerals.  In an interview, the DGA of this bank, Jean-Claude Tshipama explains to us the height of their intervention in the mining sector, estimated at nearly 2 billion USD. The mining sector contributes more than 40% to the country’s GDP and EquityBCDC presents itself with solutions capable of providing financing, facilitation in the exploitation, production, transport of minerals and marketing to… Read More Here

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