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Ivanhoe Electric and Ma’aden Finalize Exploration JV and Investment 1 International 

Ivanhoe Electric and Ma’aden Finalize Exploration JV and Investment

Constance
 Ivanhoe Electric Executive Chairman, Robert Friedland and President and Chief Executive Officer, Taylor Melvin announced yesterday 15th May the signing of a Definitive Agreement with Saudi Arabian Mining Company Ma’aden (“Ma’aden”) (Saudi Stock Exchange Tadawul: 1211), finalizing the terms of the transactions was announced on January 11, 2023. Mr. Friedland commented: “We are excited to finalize our transaction terms with Ma’aden and begin the important work of minerals exploration in the Kingdom of Saudi Arabia. Our joint venture will embark on the largest exploration program ever conducted using our highly… Read More Here
Zambia's Govt Launches Gold Mining Marketing Center in Lusangazi 2 Mining in Zambia Gold 

Zambia’s Govt Launches Gold Mining Marketing Center in Lusangazi

Constance
Government to set up a gold mining marketing center in Lusangazi district of the Eastern Province to provide local people with easy access to the market for the mineral. The gold marketing center will be established at a central location within the district. It will be responsible for the purchase and sale of gold extracted in Lusangazi. Ministry of Mines and Minerals Development Senior Planner, Angela Zulu , stated that plans are underway to set up additional gold marketing centers in other districts where gold mining activities are taking place. Ms.… Read More Here
Empowering Mpika, Zambia: Inclusion for Sustainable Resource Use 3 Mining in Zambia 

Empowering Mpika, Zambia: Inclusion for Sustainable Resource Use

Constance
Mpika District has been on the media over the past days as a result of the discovery of gold deposits in Kanyelele of Chikwanda and Mukwikile Chiefdoms. “We have consulted and subsequently written to the government through the Provincial Minister’s office, urging them to convene a meeting that includes all stakeholders, such as traditional leaders and respective ministry representatives. During this gathering, we aim to reach an all-inclusive decision,” stated Simon Njovu, Board Chairman of the Small Scale Miners Association of Zambia. This is so the chiefs are part of… Read More Here
DRC Deputy Minister of Mines Calls for Action to Protect Artisanal Miners 4 Mining in DRC Artisanal mining 

DRC Deputy Minister of Mines Calls for Action to Protect Artisanal Miners

Constance
The Democratic Republic of Congo participated, through the Ministry of Mines, in the XVI Forum on responsible mineral supply chains, organized by the tripartite Organization for Economic Cooperation and Development (OECD), the CIRGL and the United Nations Experts.  Representing the DRC, Godard Motemona, Deputy Minister of Mines, castigated the precarious situation experienced by artisanal miners in his country, while end consumers reap enormous benefits.  He made the assembly see the enormous losses experienced by the DRC through mining fraud following non-compliance with the framework measures put in place.  “Almost all… Read More Here
Advancements in Angola's Mineral Resources, Oil, and Gas Sector 5 International 

Advancements in Angola’s Mineral Resources, Oil, and Gas Sector

Constance
The mineral resources, oil, and gas sector in Angola have witnessed significant progress between 2017 and 2022, marked by the allocation of mining rights for various valuable resources. Diamonds, gold, iron, copper, manganese, niobium, rare earth elements, ferrous metals, non-ferrous metals, base metals, limestone, silica sand, gypsum, ornamental rocks, basalt, phosphate, industrial minerals such as fluorite and beryllium, minerals containing lithium and cobalt, as well as mineral-medicinal waters, have all seen advancements in exploration and exploitation. This announcement was made by Minister Diamantino Pedro Azevedo during the opening of the… Read More Here
Angola Inaugurates Buco Zau Gold Project 6 Gold International New Mining Projects 

Angola Inaugurates Buco Zau Gold Project

Constance
Angola’s Minister of Mineral Resources, Oil and Gas, Diamantino Azevedo, has officially inaugurated the Buco Zau gold project, located in the Cabinda province in Northern Angola. With an installed washing capacity of 150 tons per hour, the project was developed by Angolan mining company Mineração Buco Zau, and is expected to play an instrumental part in supporting the Ministry’s diversification efforts. Speaking during the inauguration ceremony last week, Azevedo reiterated the role gold continues to play in the country, and that the Buco Zau project will likely be used as… Read More Here
Unleashing Africa's Resource Potential 7 Economy Mining Policy 

Unleashing Africa’s Resource Potential

Constance
According to a recent World Bank report titled “Africa’s Resource Future,” released on Friday 12th May, African countries are currently capturing only about 40 percent of the revenue they could potentially derive from their abundant natural resources. This situation is exacerbated by slow economic growth and high levels of debt. However, by adopting a better policy mix, implementing reforms, improving tax administration, and promoting good governance, these nations have the potential to more than double their revenues from minerals, oil, and gas. Full taxation of natural resources is crucial not… Read More Here
First stone laid in Angola to commence the Tetelo Mine project 8 Copper Exploration Gold International New Mining Projects 

First stone laid in Angola to commence the Tetelo Mine project

Constance
Angola’s Minister of Mineral Resources, Oil and Gas, Diamantino Pedro Azevedo, officially laid the first stone for the construction of the Tetelo mine, for copper and gold exploration, in the town of Mavoio, municipality of Maquela do Zombo, in Uíge province on Thursday. The mine will be constructed in an area of 4 square kilometers over a period of 27 months, with a total cost of 205 million US dollars to the State. The first phase of production is expected to begin by the end of next year, with an… Read More Here
CNPAV Requests Meeting with Dan Gertler on DRC-Ventora Agreement 9 Mining in DRC 

CNPAV Requests Meeting with Dan Gertler on DRC-Ventora Agreement

Constance
The Congolese anti-corruption platform Congo N’est Pas à Vendre (CNPAV) is seeking a one-on-one meeting with Israeli businessman Dan Gertler during the week of May 29, 2023, to address the unanswered questions about its transactions that have had a significant impact on the Democratic Republic of Congo. This public announcement was made on Tuesday, May 9, 2023, following a note on April 13, 2023, which suspended legal actions initiated by Dan Gertler against NGOs, media, and individuals in the Democratic Republic of Congo. “We have consistently expressed our opposition to… Read More Here
The current state of health and safety in South Africa’s mining industry 10 International Safety & Health 

The current state of health and safety in South Africa’s mining industry

Constance
The Minerals Council Facts & Figures 2022 pocketbook states there has been dramatic improvement in health and safety performance recorded during 2022 for the first time in its history, the South African mining industry has recorded less than 50 lives lost in a calendar year. The mining industry’s health and safety performance in 2022 showed a marked reduction to below 2019’s 51 lost lives, which was the lowest on record. Provisional statistics indicate that 49 employees lost their lives in 2022, compared to 74 in 2021. The 2022 safety performance… Read More Here

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