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DRC Set to Maintain Dominance in the Cobalt Market Until 2030 1 Mining in DRC Cobalt 

DRC Set to Maintain Dominance in the Cobalt Market Until 2030

Constance
In 2022 alone, the Democratic Republic of the Congo produced 115,371 tonnes of cobalt, more than two-thirds of global production.  This importance of the DRC in the world supply of the green metal will have to continue until 2030, according to the projections of the Cobalt Institute, in its report of the year 2022 relating to the state of the world market. According to expert projections, the DRC should represent 57% of the world’s cobalt supply from its mines in 2030, compared to 73% in 2022. This, despite the rise… Read More Here
President Félix Tshisekedi visits the Jwaneng Diamond Mine in Botswana 2 Mining in DRC 

President Félix Tshisekedi visits the Jwaneng Diamond Mine in Botswana

Constance
Small in size, Botswana is a major mining country, the world’s leading diamond producer in value and volume ahead of Russia. With a GDP of 7000 usd per capita, Botswana owes its prosperity to the organization of the diamond sector, a reference economic model in Africa. It is with the aim of understanding the economic model of the country of Kethumile Masire and of soaking up the means of production of the precious stone in order to reorganize the diamond sector of the DRC that the President of the Republic,… Read More Here
Processing and Issuance of Mining Licenses in Zambia to Improve 3 Mining in Zambia Corporate News 

Processing and Issuance of Mining Licenses in Zambia to Improve

Constance
The Ministry of Mines and Minerals Development Permanent Secretary, Dr. Hapenga Monty Kabeta, announced today 12th may that the Mining Cadastre Department has been facing a significant backlog of mining license applications. The backlog accumulated during an eight-month closure of the Cadastre Office, which aimed to review and streamline its operations, following its reopening in November 2022. Since resuming operations, the department has received over 2000 applications, which are currently being processed. Dr. Kabeta has assured mining stakeholders that the backlog of mining license applications will be cleared by 31st… Read More Here
Strategies to Reduce Downtime in Mining Operations 4 You got to know this 

Strategies to Reduce Downtime in Mining Operations

Constance
Downtime, referring to the period when mining operations come to a halt due to equipment failures, maintenance, or other disruptions, poses a significant challenge to achieving operational efficiency. By implementing proactive maintenance, embracing technology, optimizing equipment utilization, and improving workforce training, mining companies can effectively manage downtime and drive operational excellence. This article highlights key strategies for reducing downtime and maximizing productivity in mining operations. Proactive Maintenance: Implementing preventive and predictive maintenance practices to identify and address equipment failures before they result in downtime. Regular inspections and condition monitoring techniques… Read More Here
Cat 836 Landfill Compactor available in August 5 Mining Equipment 

Cat 836 Landfill Compactor available in August

Constance
Caterpillar has leveraged its decades of experience to maximize the performance and reliability of the new 836 Landfill Compactor, even in the harshest of environments. Upgrades to the axles and transmission of the new landfill compactor help to increase durability of the heavy-duty main structures that support multiple life cycles and new standard technologies increase machine efficiency by allowing the operator to meet compaction targets in fewer passes to save on fuel. The Cat torque converter with lock-up clutch eliminates torque converter losses while lowering system heat and transfers more power… Read More Here
Sibanye-Stillwater Initiates Construction of Keliber Lithium Refinery 6 Lithium International 

Sibanye-Stillwater Initiates Construction of Keliber Lithium Refinery

Constance
Sibanye-Stillwater, a prominent mining company, has commenced the earthworks for the Keliber lithium refinery, symbolically laying the foundation stone on March 7, 2023. This milestone signifies the ceremonial launch of the Keliber lithium project, which aims to provide the first locally sourced lithium to power the European green energy ecosystem. The project’s strategic regional positioning, coupled with its robust environmental, social, and governance (ESG) credentials, is poised to deliver the most eco-friendly primary lithium to the expanding European battery market. An estimated €231 million of the projected total capital expenditure… Read More Here
Accelovant Deploys Fiber-Optic Temperature Sensors at Kansanshi Mining PLC 7 Copper Mining in Zambia 

Accelovant Deploys Fiber-Optic Temperature Sensors at Kansanshi Mining PLC

Constance
Accelovant, a developer of fiber-optic sensing solutions for various markets, has announced the deployment of its fiber-optic temperature sensors at Kansanshi Mining PLC, a company owned by First Quantum and located in Zambia. Kansanshi is one of the world’s largest and most productive copper mining and smelting sites. The deployment was made to replace older technology devices that were prone to failure in the wet electrostatic precipitators (ESPs) used to scrub dangerous toxins and pollutants from gas streams generated in the copper smelting process. According to Michael Goldstein, CEO for… Read More Here
Imren Battery Introduces EVE LF105 Lithium-Iron Phosphate (LFP) Prismatic Cells for Diverse Energy Storage 8 International 

Imren Battery Introduces EVE LF105 Lithium-Iron Phosphate (LFP) Prismatic Cells for Diverse Energy Storage

Constance
Imren Battery, a Chinese energy storage company, has recently introduced its latest innovation, the EVE LF105 lithium-iron phosphate (LFP) prismatic battery cells. These advanced cells have diverse applications, including electric vehicles (EVs), renewable energy storage, and various other uses. Imren Battery has unveiled the LF105 rechargeable battery cell, which is built upon the lithium-iron-phosphate (LFP) chemistry. With a nominal voltage of 3.2 V and a capacity of 105 Ah, this cell is highly versatile and suitable for a wide range of applications such as EVs, energy storage systems, and other… Read More Here
DRC in Talks with Uganda on Using Planned Oil Pipeline for Export 9 Oil & Gas Mining in DRC Petroleum 

DRC in Talks with Uganda on Using Planned Oil Pipeline for Export

Constance
The Democratic Republic of Congo has commenced discussions with neighbouring Uganda for possible use of the East African country’s planned crude oil pipeline to export petroleum, DRC’s hydrocarbons ministry said. Uganda is developing the $3.5bn 1,445km (898-mile) East African Crude Oil Pipeline (EACOP) that will start from oil fields in its Albertine rift basin on its western border with DRC to Tanzania’s Indian Ocean seaport of Tanga. The controversial pipeline is for transporting Uganda’s crude to international markets when it starts production in 2025. The DRC Ministry of Hydrocarbons said in a… Read More Here
congo cobalt ore Cobalt Mining in DRC 

Cobalt Prices Surge, Expected to Reach $34,247.00 per Tonne This Week in DRC

Constance
Since its sudden fall in July 2022, cobalt has struggled to regain its best level on the international mining product markets. The forecasts of the National Mercurial Commission of the Ministry of Foreign Trade for the period from Monday 8 to Saturday, May 13, 2023 indicate that the tonne of cobalt should increase slightly to 34,247.00 USD against 34,244.00 USD per tonne a week earlier. Gold is also expected to see a slight rise in price this week from USD 64.47 to USD 64.51 in international markets over the same… Read More Here

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