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Ivanhoe Mines Confirms Link To Congo Aide In Copper Corruption Case 1 Mining Companies Mining in DRC 

Ivanhoe Mines Confirms Link To Congo Aide In Copper Corruption Case

Ivanhoe Mines Ltd. confirmed a business relationship with a presidential aide who was arrested in a corruption case in Democratic Republic of Congo, where the firm controls one of the world’s biggest copper deposits. Ivanhoe struck a deal last year with Vidiye Tshimanga, a top aide to Congo’s President Felix Tshisekedi, the firm said in a statement on Dec. 14. He was arrested in September after a series of secretly-taped videos appeared to show him offering political protection for an unnamed mining deal in exchange for a stake in the… Read More Here
New Model Allows For balancing Rare Plant Protection, Mine Development 2 Copper International Oil & Gas 

New Model Allows For balancing Rare Plant Protection, Mine Development

Researchers at Utah State University are mapping out strategies that allow balancing the emerging demand for mining and energy development projects on the Colorado Plateau and the survival of the area’s rare plant populations. In a paper published in the journal Land, the scientists explain that the vast stretches of desert in southeastern Utah and southwestern Colorado are home to rare plants like milkvetch, beardtongue penstemon and sclerocactus, which manage to survive under the harshest of environmental conditions and, thus, are something of an ecologically niched miracle.  To ensure that at least 30%… Read More Here
ZIMBABWE MINERS FEDERATION APPLAUDS GOVT LITHIUM BAN 3 Mining Companies Lithium 

ZIMBABWE MINERS FEDERATION APPLAUDS GOVT LITHIUM BAN

The Zimbabwe Miners Federation (ZME) has supported thethat the export of the ore has been prejudicing the government through loss of revenue which is detrimental to the country’s target of attaining the US$12 billion Mining industry by end of 2023.Rudairo MapurangaThe Zimbabwe Miners Federation (ZMF) through its President Ms Henrietta Rushwaya says that the export of raw lithium gave rise to leakages and serious job exports in the lithium subsector with other countries benefiting from jobs that could have been of native Zimbabweans.The ZMF said the ban on raw lithium… Read More Here
NEWCREST CEO LEAVES AUSTRALIA'S TOP GOLD MINER 4 Mining Companies International 

NEWCREST CEO LEAVES AUSTRALIA’S TOP GOLD MINER

Newcrest Mining (ASX: NMC) announced on Monday that its chief executive officer Sandeep Biswas is retiring from the role effective immediately, after eight years at the helm of Australia’s top gold miner, but will stay on as an advisor until March 2023. Chief financial officer Sherry Duhe, who joined the company in February, will step in as interim chief executive while a global internal and external search for a replacement is underway. Chief operating officer for the Americas, Craig Jones, will also assume responsibility for all of Newcrest operations on an interim basis, Newcrest said.… Read More Here
JOHN ROBERTSON APPOINTED MANAGING DIRECTOR OF ALPHAMIN, THE FIRST TIN PRODUCER IN THE DRC 5 Tin Mining in DRC Mining Personality 

JOHN ROBERTSON APPOINTED MANAGING DIRECTOR OF ALPHAMIN, THE FIRST TIN PRODUCER IN THE DRC

African tin production is dominated by Namibia and the DRC. In Congo, IT is the only company active in industrial mining, with 12,622 tons of cassiterite (ore containing tin) in the first half of 2022, according to official data. In the DRC, Alphamin Bisie Mining (ABM) will now be headed by John Robertson Subject to regulatory approval, he will succeed current CEO Jan Trouw, said a December 14 statement issued by Alphamin Resources, which holds an 84% stake in ABM. Robertson is a mining specialist with 30 years of experience in… Read More Here

LITHIUM EXPORT BAN NOW IN FORCE IN ZIMBABWE

The Government of Zimbabwe has Banned the export of raw Lithium to enable value addition and beneficiation in an effort to see the country benefit from the clean energy revolution. The country has been losing millions of dollars from raw Lithium exports with president Emmerson Mnangagwa expressing discontent with the way the lithium clandestinely left the country. This has led the Government through the Minister of Mines and Mining Development Hon Winston Chitando to ban the export through section 3(1) (a) of Base Minerals Export Control act in… Read More Here
Panama orders First Quantum to halt copper mine operations 6 International Mining Companies 

Panama orders First Quantum to halt copper mine operations

First Quantum Minerals must make a plan to halt work at its copper mine in Panama then go ahead with the scheme within two days of approval, the Central American country said after it and the Canadian company had failed to agree on boosting taxes from the project. The company has 10 days to present the plan for the Cobre Panama mine, which the government has said accounts for 3.5% of gross domestic product, according to a resolution of the Commerce and Industry Ministry published in Panama’s official gazette. However,… Read More Here
COPPER MINING FINALLY EXPANDS BUT SMELTERS CAN'T KEEP UP 7 International Copper Mining in DRC 

COPPER MINING FINALLY EXPANDS BUT SMELTERS CAN’T KEEP UP

Copper miners are finally ramping up production after several years of anemic performance. But that may not be enough to significantly raise inventories from historic lows, keeping supplies tight in a market critical to the energy transition. The reason is a bottleneck in the capacity of the world’s smelters, whose role in turning ore into metal makes them a crucial cog in the supply chain between miners and manufacturers of products ranging from mobile phones and from air conditioning units to electric vehicles. “There is not enough smelting capacity,” said Shanghai… Read More Here
YAKUTUMBA & BILOZE BISHAMBUKE GROUPS CONTINUE TO FIGHT FOR CONTROL OF MINING SITES 8 Mining in DRC Mining Companies News in Brief 

YAKUTUMBA & BILOZE BISHAMBUKE GROUPS CONTINUE TO FIGHT FOR CONTROL OF MINING SITES

The Yakutumba and Biloze Bishambuke groups continue to fight for control of mining sites, according to António Guterres’ latest report on the situation in the DRC. The link between this violence and the illegal exploitation of the mineral resources of this part has been the subject of particular interest of the international community. On December 8, the Council of the European Union added Alain Goetz to the list of people subject to restrictive measures because of the situation in the DRC. He is a businessman who is the beneficial owner and former… Read More Here
Germany pushes back on Putin’s ‘blackmail’ with gas terminal 9 Energy International Oil & Gas 

Germany pushes back on Putin’s ‘blackmail’ with gas terminal

Germany opened its first state-chartered liquefied natural gas vessel as Europe’s largest economy races to replace Russian gas amid an energy crunch and freezing temperatures. “As of today, Germany and the EU will become a great deal more secure and independent,” Chancellor Olaf Scholz said in a short speech Saturday in Wilhelmshaven on the North Sea coast to mark the inauguration. Scholz said Russian President Vladimir Putin, in pursuing the invasion of Ukraine, calculated that he could pressure Germany and the rest of Europe by making energy a political weapon… Read More Here

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