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Sandvik Completes Acquisition of Polymathian 1 International Mergers & Acquisitions 

Sandvik Completes Acquisition of Polymathian

Constance
Sandvik announced on Wednesday 1st February that the company has completed the previously announced acquisition of Polymathian Industrial Mathematics (“Polymathian”)  The Australian-based provider will form part of Sandvik Mining and Rock Solutions’, Business Unit Deswik. Polymathian’s solutions for automated decision-making and optimization complements Deswik’s suite of mine planning software and consulting services whilst remaining OEM agnostic. Deswik, a leading mine planning software company, was previously acquired by Sandvik in April 2022. “We are very excited to welcome Polymathian to the Deswik family,” said Matt Chilcott, CEO of Deswik. “Our employees… Read More Here
President Jokowi ‘confident’ Tesla will invest in Indonesia 2 Battery Metals International 

President Jokowi ‘confident’ Tesla will invest in Indonesia

Constance
Indonesian President Joko Widodo is confident Tesla Inc will finalize a deal to invest in a production facility in his country, having offered the US car maker incentives ranging from tax breaks to a concession to mine nickel. Southeast Asia’s largest economy has been wooing Tesla to invest in battery and car manufacturing since 2020, seeking to leverage its rich reserves of nickel ore, which can be processed for use in EV batteries. The president, widely known as Jokowi, has held talks with Tesla Chief Executive Elon Musk twice, meeting… Read More Here
ARSP and DRC Mines Minister Sign Mining Company Control Deal 3 Mining in DRC Contracts & tenders 

ARSP and DRC Mines Minister Sign Mining Company Control Deal

Constance
On Friday, February 3, 2023, the ARSP (Authority for Regulation of Private Sector Subcontracting) signed an agreement with the National Minister of Mines, Mrs. Antoinette N’SAMBA KALAMBAYI, to initiate systematic control within mining companies in the DRC. The ARSP Director General, the Honorable Miguel Kassal Katemb, stated that the purpose of the agreement includes combating the front company system (that is, the lack of Congolese involvement in company administration) and opposing those main companies that continue to disregard the law by continuing to work with their usual subcontractors, who are… Read More Here
MOPANI AND PROSPERO ZAMBIA TRAIN MINERS’ COOPERATIVES 4 Mining in Zambia Corporate News 

MOPANI AND PROSPERO ZAMBIA TRAIN MINERS’ COOPERATIVES

Constance
Mopani Copper Mines PLC and Prospero Zambia through an existing Memorandum of Understanding (MoU), held a two-day workshop in Governance, Business Skills, financial literacy and Value Chain Development for two associations with a combined membership of over 13,000 members. The two associations are the National Ex Miners and Allied Workers Association (NEAWAZ) and Miners for Diversification Initiative (MDI). The training held at the Nkana Golf Club in Kitwe on February 2 and 3, was directed at the association’s executive leadership and selected members, with 30 people in attendance. Mopani and… Read More Here
Tragic Accident Claims a Life and Injures Another at Kalumbila Mine in Zambia 5 Copper Mine Safety Mining in Zambia 

Tragic Accident Claims a Life and Injures Another at Kalumbila Mine in Zambia

Constance
An unfortunate accident took place on Wednesday 1st feb 2023 night at the Kalumbila mine in Zambia, causing one fatality and severe harm to another person. The police stated that the tragedy involved a giant garbage truck running over a Toyota Land Cruiser pickup, with the deceased, Lolioan Chona (47), as a passenger. A statement from FQM website reads; “First Quantum Minerals Ltd. (“First Quantum” or “the Company”) (TSX: FM) is deeply saddened to announce that a worker at its Trident operation passed away following a traffic accident in the… Read More Here
Canyon Coal Establishes New Mine in Mpumalanga, South Africa 6 Coal International New Mining Projects 

Canyon Coal Establishes New Mine in Mpumalanga, South Africa

Constance
Canyon Coal, a subsidiary of private investment company Menar, is constructing a new coal mine in Hendrina, Mpumalanga. Production is expected to start in the second half of 2023. The first phase of the Gugulethu project, on track to be completed in 8-10 months, is expected to produce 1.2 million t/y of 5 500 kc NAR coal. “We are in the development phase and have already done the tenders for the civils and the processing plant. Our mining equipment has started to arrive,” states Gugulethu Colliery GM Jarmi Steyn. Formerly… Read More Here
Kivu Holding Mining to Construct Refinery in Goma, DRC. 7 New Mining Projects Mining in DRC 

Kivu Holding Mining to Construct Refinery in Goma, DRC.

Constance
The Minister of Mines, Antoinette Nsamba Kalambayi, received in audience, on Tuesday, January 31, 2023, a delegation from the mining company called Kivu Holding Mining SARL (KHM). On the menu of their exchanges, the project to build a refinery in Goma. For the delegation of Kivu Holding Mining, the lack of refinery in the eastern part of the Republic would be the basis of the repeated wars that the country is currently experiencing. “We presented to the Minister of Mines the project to build a refinery in the city of… Read More Here
DRC Produces Over 8.4 Million Barrels of Crude Oil in 2022 8 Oil & Gas Mining in DRC 

DRC Produces Over 8.4 Million Barrels of Crude Oil in 2022

Constance
Between two calendar years, oil production remained linear in the Democratic Republic of Congo (DRC). According to the compendium of statistical information from the Central Bank of Congo (BCC), the oil industries of the Democratic Republic of Congo produced only 8.4 million barrels of crude oil. This production is stagnant compared to the year 2021 when the same source informs that the oil industries had produced the same volume of barrels of crude oil. It should be noted that this production is still very low compared to the level of… Read More Here
Raw Gold Production in DRC Declines by 4,111 kg in 2022 Compared to 2021 9 Gold Mining in DRC News in Brief 

Raw Gold Production in DRC Declines by 4,111 kg in 2022 Compared to 2021

Constance
The production of raw gold fell significantly during the year 2022 in the Democratic Republic of Congo (DRC). According to statistical data published by the Central Bank of Congo (BCC), the production of raw gold during the period mentioned is around 27,798 kg. This production amounted to 31,903 Kg of raw gold during the year 2021. This represents a drop of around 4,111 during the year 2022. It should be noted that the source did not specify the volume of production achieved by the industrial sector, let alone that achieved… Read More Here
Glencore's 2022 Output of Cobalt, Oil, Nickel, and Ferrochrome Rises 10 Copper Battery Metals International Oil & Gas 

Glencore’s 2022 Output of Cobalt, Oil, Nickel, and Ferrochrome Rises

Constance
Mining and marketing company Glencore produced 40% more cobalt last year, along with 16% more oil, 5% more nickel and 1% more ferrochrome. Although coal production of 110-million tonnes was 6.7-million tonnes higher, on a like-for-like basis, overall group coal production fell by 7%, primarily owing to wet weather challenges and an extended community blockade in Colombia, where Glencore now owns 100% of Cerrejón. Following the restart of the Mutanda mine in the Democratic Republic of Congo (DRC), the London- and Johannesburg-listed company last year produced 43 800 t of cobalt, 12 500 t more… Read More Here

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