You are here

Written by 

New loader concepts unveiled at Bobcat Demo Days 1 Equipment & Technology Technology & Innovation 

New loader concepts unveiled at Bobcat Demo Days

Constance
At this year’s Bobcat Demo Days, customers, dealers and press from across Europe, the Middle East and Africa (EMEA) witnessed the latest solutions that Bobcat has to offer. Demo Days 2023 provided an industry unique opportunity to try out the full range of Bobcat wheeled and tracked loaders, mini-excavators, telehandlers, light compaction products and attachments in working conditions. In addition to this lineup, the company also showed how the recently acquired Doosan industrial Vehicle forklifts and Doosan Portable Power products will look in Bobcat white and orange branding.  Front and… Read More Here
Glencore sells Copper mine for $US1.1 billion 2 Copper International 

Glencore sells Copper mine for $US1.1 billion

Constance
Coal miner Glencore will sell its CSA copper mine in Cobar, New South Wales, to Metals Acquisition Corp (MAC) for $US1.1 billion ($1.64 billion). CSA is an established, high-grade producing, long-life underground copper mine with an estimated current mine life of over 15 years, and MAC has identified opportunities to further extend it, subject to exploration success. The sale is the latest indicator of copper’s growing importance, after Evolution Mining extended its Ernest Henry mine life to 2040 earlier this week. Similarly, South32 is looking to grow its portfolio, identifying a copper mine… Read More Here
Namibia bans export of unprocessed Critical Minerals 3 International Lithium 

Namibia bans export of unprocessed Critical Minerals

Constance
 Namibia has banned the export of unprocessed lithium and other critical minerals, the government announced on Thursday June 8th, as it seeks to profit from growing global demand for metals used in clean energy technologies. The southern African country has significant deposits of lithium, which is vital for renewable energy storage, as well as rare earth minerals such as dysprosium and terbium needed for permanent magnets in the batteries of electric cars and wind turbines. “Cabinet approved the prohibition of the export of certain critical minerals such as unprocessed crushed… Read More Here
Christophe Lutundula: DRC President's Visit to China Focuses on Mining Contracts and Trade Deals 4 Mining in DRC 

Christophe Lutundula: DRC President’s Visit to China Focuses on Mining Contracts and Trade Deals

Constance
The Minister of Foreign Affairs and Deputy Prime Minister, Christophe Lutundula, provided an update regarding the State visit of President Félix Tshisekedi to the People’s Republic of China. This update was presented during a briefing held on Monday, June 5, 2023, and organized by Patrick Muyaya, the Minister of Communication and Media. Christophe Lutundula said that this visit was an opportunity for the Democratic Republic of Congo and China to strengthen their decades-old diplomatic relations. According to him, China has always been at the side of the DRC, particularly against… Read More Here
Brent crude oil prices raise concerns 5 International Oil & Gas 

Brent crude oil prices raise concerns

Constance
The slight rise in the price of oil on international markets, driven in particular by the desire of Saudi Arabia, the second largest oil producer in the world behind the United States of America, to reduce its daily production by nearly one million barrels per day, raises concerns about the future of black gold prices. This Tuesday, June 7, 2023, the barrel of Brent crude oil is trading at 78.73 USD against 71 USD at the end of last week on the Inter Continental Exchange (ICE), the stock exchange specializing… Read More Here
Sonangol and China's CNCEC Forge MoU for Lobito Refinery 6 Oil & Gas Petroleum 

Sonangol and China’s CNCEC Forge MoU for Lobito Refinery

Constance
Angola’s national oil company (NOC) Sonangol signed a Memorandum of Understanding (MoU) with China National Chemical Engineering (CNCEC) in Beijing for the construction of the Lobito Refinery. The MoU will see the parties raise the required financing for the project and could potentially lead to a contract for the construction of this important infrastructure by the Chinese company. The MoU was signed by Sonangol Chairman Gaspar Martins, on behalf of the NOC, on June 6 in the Chinese capital Beijing, and in the presence of the Minister of Mineral Resources, Oil and… Read More Here
World Bank Supports Angolan MSMEs via $300M Project 7 Economy 

World Bank Supports Angolan MSMEs via $300M Project

Constance
The World Bank has officially launched its Accelerating Economic Diversification and Job Creation Project in Angola, an initiative that creates opportunities for micro, small and medium enterprises (MSME) across various strategic areas of the economy.  Comprising a $300 million capital injection that aims to promote economic diversification and private sector investment, the project is expected to advance the participation of local entrepreneurs and businesses in the Lobito Corridor by facilitating private investment and climate-resilient growth. The Lobito Corridor is a strategic trade route that crosses Angola, connecting the mining areas of Katanga… Read More Here
Deputy Prime Minister of the DRC Establishes Fixed Fuel Prices in the Western Zone 8 Mining in DRC News in Brief Petroleum 

Deputy Prime Minister of the DRC Establishes Fixed Fuel Prices in the Western Zone

Constance
In an order signed on Wednesday, June 7, 2023, the Deputy Prime Minister in charge of the Economy, Vital Kamerhe signed an order fixing fuel prices in the western zone of the Democratic Republic of Congo. The new price list fixes the liter of gasoline at 2,995 FC; diesel at 2,985 FC; oil at 2,450 FC (has not changed); the FOMI at 2,061.06 FC; and GAS at 4,831.57 FC. For petrol and diesel, this is a price increase of 5% compared to the prices fixed since November 30, 2022. Read More Here
DRC's Business Climate Showing Signs of Positive Growth 9 Mining in DRC Economy 

DRC’s Business Climate Showing Signs of Positive Growth

Constance
The Head of State, Félix Tshisekedi, chaired, this Tuesday, June 6 at the City of the African Union, the ceremony to present the results of the first survey of the National Business Climate Barometer (BNCA).  This report shows that the business climate in the DRC is improving. At this stage, the BNCA gives him a satisfaction score of 37%. This survey, which took place from January 24 to March 27, 2023, covered 403 companies in 13 sectors of the national economy. The Head of State hailed the quality of the work carried… Read More Here
Beka Schréder Enhances Security and Boosts Business in Clayville Industrial Area with LED Lighting 10 Sponsored Content 

Beka Schréder Enhances Security and Boosts Business in Clayville Industrial Area with LED Lighting

Constance
BEKA Schréder has supplied the highmast LED lighting solution to the Clayville Industrial area of Olifantsfontein, Gauteng province. This new installation will bring some relief for the business sector in the area in terms of security.   The recently launched OMNISTAR-ECO LED floodlight was chosen as it offered a cost-effective highmast lighting solution and met the municipal specification. Compared to a 400W high-pressure sodium (HPS) installation, the OMNISTAR-ECO offers energy savings up to 55%. Economical LED floodlighting solution The OMNISTAR-ECO is an addition to the OMNISTAR family and has been… 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.