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Microsoft calls for ‘coalition’ to Improve Congo’s Informal Cobalt Mines

February 22, 2023February 22, 2023 Constance

Microsoft visited an artisanal cobalt mine in Democratic Republic of Congo in December as part of attempts to jump-start formalisation of the little-regulated and dangerous industry that experts say is key to meeting global demand for the battery material. Congo accounts for three-quarters of the world’s mined cobalt supply. Industrial mines produce most of Congo’s cobalt, but “artisanal” miners, who dig by hand and often die when tunnels cave in, account for up to 30% of production, though that fluctuates depending on price. In the first known visit by a… Read More Here

Africa’s Mineral Resources Targeted to Power Biden’s Green Energy Transition

February 22, 2023February 22, 2023 Constance

The United States’ domestic sources of minerals critical to the production of electric vehicles and green energy technologies may be restricted due to the Biden Administration’s reluctance to open mining opportunities. Africa is emerging as an alternative to China as a source of the minerals needed for electric vehicles and wind and solar technologies. The Biden administration opened the door to financing cobalt mining projects in the Democratic Republic of Congo and Zambia last year to meet the objectives of his climate agenda. African countries such as Zimbabwe and Namibia… Read More Here

Mining in Zambia Electricity Energy

Kazungula Bridge Features New Decorative LED Lighting Solution

February 22, 2023February 22, 2023 Constance

Kazungula Bridge is a road and rail bridge over the Zambezi River between the countries of Zambia and Botswana at the town of Kazungula. The 923-metre-long bridge links the town of Kazungula in Zambia with Botswana. The bridge features a single-line railway track between two traffic lanes and walkways for pedestrians. Before the bridge was opened for traffic, direct traffic between the two countries was possible only by ferry. The bridge takes advantage of the short 135-metre border the two countries share at the river and is curved to avoid… Read More Here

Battery Metals Mining in DRC

DRC Establishes Congolese Council for Battery in the Race for Clean Energy Production

February 22, 2023February 22, 2023 Constance

The draft decree establishing the creation, organization, and functioning of the Congolese Council for Battery (CCB) was adopted during the 71st meeting of the Council of Ministers The Congolese Council for Battery has its new Board of Directors. Félix Tshisekedi appointed Gérôme Mungomba as the Chairman of the Board of this new strategic institution in a presidential decree. The Congolese Council for Battery provides the technical elements necessary to the government to ensure the supply chain of minerals that go into the production of batteries. ”The Congolese Council for Battery… Read More Here

Battery Metals International

Ghana to Enter Electric Vehicle Market through $30 Million Deal with Atlantic Lithium

February 22, 2023February 22, 2023 Constance

Ghana’s state-owned Minerals Income Investment Fund (MIIF) is negotiating a $30 million investment in Atlantic Lithium (A11.AX), which is constructing a lithium mine in the West African country. Lithium, a critical component in batteries used in electric cars, is in great demand, and prices have skyrocketed, sparking interest in projects around Africa. The MIIF announced plans to acquire an equity share in Atlantic Lithium, which has consented to float on the Ghana Stock Exchange. The fund did not specify the size of the stake it was considering purchasing. Atlantic Lithium… Read More Here

Mining in DRC Battery Metals

Tshisekedi Appoints Management for DRC Battery Council and Treasury

February 21, 2023February 21, 2023 Constance

The President of the Democratic Republic of Congo Félix Tshisekedi is pursuing the appointments of leaders from portfolio companies and public establishments. This time, it is the Congoles Council of the Battery and the Directorate General of the Treasury of accounts which were concerned. DIRECTORATE GENERAL OF THE TREAsURY AND PUBLIC ACCOUNTING MAKETA LUTETE THOMAS: CEO 2.MAABE MWANOMI SERGE: DGA in charge of technical issues and reforms 3.KINDUELO LUMBU KIPAMBE Lyvie: DGA in charge of administrative and financial matters. II CONGOLESE BATTERY COUNCIL . Mr. MAKIMBA MUNGOMBA GERÔME: PCA MR… Read More Here

Copper Mining in Zambia

Stakeholders Welcome Govt Stance On KCM ,Mopani

February 20, 2023February 20, 2023 Constance

Stakeholders on the Copperbelt have praised President HAKAINDE HICHILEMA and Government for finding resources to revamp operations at Mopani Copper Mines and resolving to settle the Konkola Copper Mine saga out of court. Copperbelt Association of Mine Suppliers and Contractors President COSTA MWABA says the President’s pronouncements on Mopani and KCM have given hope to residents and stakeholders in the region. Mr. MWABA has told the ZNBC News in Kitwe that the economy of the Copperbelt depends on a thriving mining industry and that to hear that the government has… Read More Here

Mining in DRC Copper

IGF Orders Sicomines’ Chinese Firms to Pay $20B to DR Congo.

February 20, 2023February 20, 2023 Constance

In the final conclusions of the audit report commissioned by President Felix Tshisekedi on the 2008 agreement between Gécamines and the Chinese business group (GEC), which led to the Congolese-Chinese joint venture Sicomines, the Inspectorate General of Finance (IGF) increases the financial demands in favor of the DRC. In the final conclusions of the audit report commissioned by President Félix Tshisekedi on the 2008 agreement between Gécamines and the Groupement d’entreprises chinoises (GEC), which gave rise to the Congolese-Chinese joint venture Sicomines, the Inspectorate General of Finance (IGF) has increased… Read More Here

Mining in DRC Mining Careers

Reliability Engineer (x1) MINING CAREERS AT Kinsevere Mine

February 19, 2023February 19, 2023 Constance

MINING CAREERS AT KINSEVERE MINE DEMOCRATIC REPUBLIC OF CONGO Job Advert: Engineer – Reliability Job no: 499592 Work type: Full-time Location: Kinsevere mine DRC Job Information We are looking for an experienced candidate for the position of Reliability Engineer for our cobalt processing phase. The purpose of this role is to develop, deploy and continuously improve maintenance strategies for the Cobalt plant, ensure compliance with work plans and required regulations, provide organizational governance while respecting MMG structures, and promote understanding and adherence to the MMG Process Framework and A2D principles.… Read More Here

Mining in Zambia Battery Metals Cobalt Copper Energy Events & Expos

Attendees at 2023 Mining Indaba share Zambia’s progress since 2022

February 19, 2023February 19, 2023 Constance

It’s been eight months since Zambia used its moment in the limelight at the 2022 Investing in African Mining Indaba to deliver the message that President Hichilema’s Administration would be prioritizing policy stability and predictability in the mining sector, the country’s biggest foreign exchange earner. Now, with the 2023 Mining Indaba behind us, Mining For Zambia reflects on the impression of unity that Africa’s second largest copper producer created for the investors, political leaders, commodity traders, and companies across the mining value chain who gathered at last week’s event. Ministries, parastatals, the Zambia Chamber… Read More Here