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Northwest Zambia's Domes region highly prospective for Copper mining 1 Mining in Zambia Copper Exploration 

Northwest Zambia’s Domes region highly prospective for Copper mining

Constance
According to Nick von Schirnding, Executive Chairman of junior explorer Arc Minerals, the Domes region in northwest Zambia is highly prospective for copper mining, making it one of the most promising areas in the world for the commodity. The region is attracting attention from several mining majors due to the fact that First Quantum Minerals’ Sentinel mine produced 816,435 tonnes of copper in 2021, making it Africa’s biggest copper mine. Arc Minerals has an area of 870 km² of land in the Domes region, where it is exploring for copper.… Read More Here
US Govt Announces Over US$500 Million in Bilateral Assistance for Zambia 2 Mining in Zambia 

US Govt Announces Over US$500 Million in Bilateral Assistance for Zambia

Constance
In a bid to restructure its partnership with the African Continent, United States Vice-President Kamala Harris visited Ghana, Tanzania and Zambia during her nine-day African tour. During the two-day visit to Zambia, it was announced that the United States Government will provide more than US$505 million in bilateral assistance during the 2024 fiscal year, aimed at enhancing cooperation with the country. Zambia stands to benefit in several ways from this assistance, including debt restructuring, trade and economic support, governance support, health support, and renewable energy infrastructure expansion. The United States… Read More Here
Ivanhoe Mines reports Q1 2023 Copper production from Kamoa-Kakula Copper Complex 3 Mining in DRC Copper 

Ivanhoe Mines reports Q1 2023 Copper production from Kamoa-Kakula Copper Complex

Constance
■Kamoa-Kakula produced record 34,915 tonnes of copper in March ■Kamoa-Kakula reported weekly production record of 9,016 tonnes of copper and daily production record of 1,563 tonnesof copper in March■Phase 1 and 2 concentrators reached new daily average milling record of over 29,000 tonnes ■Kamoa-Kakula achieved record average copper recoveries exceeding 88% in March ■Kamoa-Kakula milled approximately 1.93 million tonnes of ore during the quarter at average grade of 5.4% copper ■Ivanhoe Mines to issue sixth annual Sustainability Report on April 13, highlighting the company’s commitment tomining with a greater purpose… Read More Here
Mopani Copper Mines awarded for ethical procurement practice 4 Mining in Zambia Copper Environment Social Governance (ESG) 

Mopani Copper Mines awarded for ethical procurement practice

Constance
Mopani Copper Mines has recently achieved the prestigious Chartered Institute of Procurement & Supply (CIPS) Corporate Ethics Kite Mark, which sets the standard for Africa’s mining sector. This achievement demonstrates the company’s commitment to investing in ethical practices in its procurement and supply chain activities. As part of Zambia’s efforts to increase copper mining output to 3 Mt a year by 2032, Mopani Copper Mines is playing a crucial role in meeting this target, which is high on President Hakainde Hichilema’s agenda since coming to power in August 2021. To… Read More Here
Zimbabwe to investigate Gold-smuggling allegations 5 Gold International 

Zimbabwe to investigate Gold-smuggling allegations

Constance
The government of Zimbabwe has broken the silence around allegations of gold smuggling and money laundering exposed in an Al-Jazeera documentary last month, saying on Tuesday 4th March that it will launch an inquiry into the claims. In a four-part documentary released on March 23rd, the news network shows individuals allegedly affiliated with Zimbabwean government smuggling gold to evade western sanctions.  According to Al-Jazeera’s Investigative Unit (I-Unit), the gold mafia is licensed to buy the precious metal from small producers that would otherwise have been smuggled out of the country. The group… Read More Here
KoBold Metals appoints female CEO to lead their Copper unit in Zambia 6 Mining Personality Copper Mining in Zambia 

KoBold Metals appoints female CEO to lead their Copper unit in Zambia

Constance
KoBold Metals, a Silicon Valley start-up that utilizes artificial intelligence to detect battery metal deposits, has appointed a lady CEO to head its copper unit in Zambia, making her the first female executive to hold such a position in a mining exploration company in the country. Zambia is Africa’s second largest copper producer and is witnessing a high demand for copper in the transition to a low-carbon economy. Data from S&P Global Market Intelligence reveal that as of 2022, top female executives at global metals and mining companies held just… Read More Here
DRC Govt accused of being behind the bankruptcy of SODIMICO SA (report) 7 Mining in DRC 

DRC Govt accused of being behind the bankruptcy of SODIMICO SA (report)

Constance
Published in November 2022, the report of the General Inspectorate of Finance imputes to the Government of the Democratic Republic of Congo (DRC) the responsibility for the bankruptcy of the Integral and Mining Development Company of Congo (SODIMICO SA). According to this report, the facts date back to 2011 when the Congolese Government assumed the right to use the funds of SODIMICO SA in the order of 14.5 million USD out of the 15 million USD representing the share of 50% of key money paid by FORTUNE AHEAD LTD to… Read More Here
DRC Govt and Chinese Companies Renegotiate Contract Amid Sabotage Attempts 8 Mining in DRC Contracts & tenders 

DRC Govt and Chinese Companies Renegotiate Contract Amid Sabotage Attempts

Constance
While the Government of the Democratic Republic of Congo (DRC) and the group of Chinese companies meet on a table to revisit the contract that binds them, some ill-intentioned people allow themselves to torpedo the efforts of the DRC. The alert was launched by the Congolese League for the Fight against Corruption (LICOCO), through a press release signed by the executive secretary of this structure, Ernest Mpararo. In a press release made public on Monday April 3, 2023, LICOCO warns these people whom it describes as “black Chinese”. While welcoming… Read More Here
Glencore has three weeks to keep $23 billion Teck bid alive 9 Copper International 

Glencore has three weeks to keep $23 billion Teck bid alive

Constance
Teck Resources Ltd.’s public rejection of a $23 billion offer from Glencore Plc has fired the starting gun on three weeks of drama for the Swiss commodities giant to keep its proposal alive. Glencore isn’t actually trying to buy any Teck shares yet. There would be little point, after the company’s controlling investor — Canadian mining patriarch Norman Keevil — made clear he’s not interested in selling. Instead, the future of Glencore’s proposal for now depends on convincing Teck’s shareholders to reject the company’s own plan to split into two, at a… Read More Here
Security Intelligence Officer (x1) | MINING CAREERS AT MOPANI COPPER MINES ZAMBIA 10 Copper Mining Careers Mining in Zambia 

Security Intelligence Officer (x1) | MINING CAREERS AT MOPANI COPPER MINES ZAMBIA

Constance
Email: [email protected] Mopani Copper Mines Plc has operations in Mufulira and Kitwe on the Copperbelt Province in Zambia. The Company’s success has been as a result of its focused approach to improvement and the mutually beneficial relationship enjoyed with its stakeholders — an important sector of which is its employees. The Company seeks the services of a Security Intelligence Officer (xl) The successful candidate will be responsible for safeguarding the organization by identifying potential security threats and vulnerabilities, monitoring emerging threats and trends that could affect the company’s operations, personnel or… Read More Here

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