You are here

Written by 

PANAMA LEAVES DOOR OPEN TO ELEVENTH-HOUR DEAL FOR GIANT MINE 1 International 

PANAMA LEAVES DOOR OPEN TO ELEVENTH-HOUR DEAL FOR GIANT MINE

Constance
A shock announcement by Panama to intervene in a privately run copper mine may not be as definitive as first thought. First Quantum Minerals Ltd. continues to mine the massive Cobre Panama open pit despite a government order to close commercial operations after talks for a new tax arrangement collapsed, people with knowledge of the situation said. In addition, the administration of President Laurentino Cortizo hasn’t closed the door to a resumption of talks, they said, asking not to be named discussing private information That’s a less black-and-white picture than earlier in… Read More Here
3.1% KANSANSHI MINE REVENUE SHARE A GOOD DEAL FOR ZAMBIA 2 Mining in Zambia Mining revenue 

3.1% KANSANSHI MINE REVENUE SHARE A GOOD DEAL FOR ZAMBIA

Constance
The Zambia Chamber of Mines has described the 3.1% revenue-based royalty secured by ZCCM-IH in its negotiations as being “at the top end of the range” and a good deal for the country normally seen for this type of arrangement. In a statement made available to the Zambian Business Times – ZBT, Chamber of Mines CEO Sokwani Chilembo stated that “this is a good deal for ZCCM-IH, when you look at the international comparisons”. He revealed that ZCCM IH and to a larger extent Zambia has secured a regular, consistent… Read More Here
CHILDREN ABANDON FREE EDUCATION FOR GOLD RUSH 3 Mining in Zambia 

CHILDREN ABANDON FREE EDUCATION FOR GOLD RUSH

Constance
The allure and attractiveness of gold has led some families in central province to pull out their children from school to engage in gold mining. Despite the introduction of the free education policy by Government in all public schools across the country, residents of Luano District have opted to rope in their children in artisanal gold mining as they feel the power and opportunities of Gold far outweighs the long term value of the free education being provided. Senior Chief Mboroma of Luano Valley of central province has revealed that… Read More Here
“Battery-grade” lithium trades at nearly USD 85,000 per ton 4 Lithium 

“Battery-grade” lithium trades at nearly USD 85,000 per ton

Constance
Healthy demand from battery makers and shortages have propelled lithium prices to record highs, but increased supply and the removal of subsidies for electric vehicles by China mean a pullback is to be expected. Battery-grade lithium prices trading near $85,000 per ton are more than double the levels seen in early 2022 and four times the levels seen in September 2021. China, which bought one in every two electric vehicles sold last year, is expected to remain the number one country for electric vehicle sales for many years to come. But… Read More Here
The mining industry can’t ignore a startup’s solution to a decades-old copper shortage problem 5 Mining technology 

The mining industry can’t ignore a startup’s solution to a decades-old copper shortage problem

Constance
The warnings keep getting louder: the world is hurtling toward a desperate shortage of copper. Humans are more dependent than ever on a metal we’ve used for 10,000 years; new deposits are drying up, and the type of breakthrough technologies that transformed other commodities have failed to materialize for copper. Until now. In what could prove a game changer for global supply, a US startup says it’s solved a puzzle that has frustrated the mining world for decades. If successful, the discovery by Jetti Resources could unlock millions of tons of new copper to… Read More Here
The US, DRC and Zambia signs an MOU for the Electric Vehicle Battery Value Chain 6 News in Brief Battery Metals Mining in DRC Mining in Zambia 

The US, DRC and Zambia signs an MOU for the Electric Vehicle Battery Value Chain

Constance
Zambia and DRC appended their signatures to an MOU on U.S. Assistance (Investments & Technologies) to develop the DRC-Zambia Electric Vehicle the DRC-Zambia Electric Vehicle Battery Value Chain, further supporting the Minerals Security Partnership’s objectives said Secretary Antony Blinken. Does it mean a change of strategic partnership for the DRC, USA versus China? In order to build up that value chain, DRC will need to start by assessing its climate of investment in the mining industry. ”Zambia and the Democratic Republic of Congo have signed an agreement with the United… Read More Here
TANTALEX LITHIUM ANNOUNCES IMPRESSIVE MAIDEN MINERAL RESOURCE ESTIMATE FOR THE MANONO LITHIUM TAILINGS PROJECT 7 Mining in DRC Battery Metals New Mining Projects Press Release 

TANTALEX LITHIUM ANNOUNCES IMPRESSIVE MAIDEN MINERAL RESOURCE ESTIMATE FOR THE MANONO LITHIUM TAILINGS PROJECT

Constance
 Toronto, Ontario, December 15th, 2022 – Tantalex Lithium Resources Corp. (CSE: TTX – FSE: DW8 – OTCQB: TTLXF) (“Tantalex” or the “Corporation”), is pleased to announce a Maiden Mineral Resource Estimate for its majority owned Manono Lithium Tailings project in the Democratic Republic of Congo. Key Highlights MANONO TAILINGS MINERAL RESOURCE STATEMENT The Mineral Resource was estimated using the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Best Practice Guidelines and is reported in accordance with the 2014 CIM Definition Standards, which have been incorporated by reference into National Instrument… Read More Here
U.S. bid for battery metals has Africa blind spot 8 Mining safety Battery Metals Mining in DRC 

U.S. bid for battery metals has Africa blind spot

Constance
Mining companies and governments in Africa are calling for stronger trade ties with the United States after a new climate law set out incentives for U.S. carmakers sourcing battery materials from trade partners. The $430 billion Inflation Reduction Act (IRA) has been criticised by the European Union and South Korea, who say it could hurt their car industries. It could also negatively impact African nations that produce battery materials. Mining companies and governments in Africa are calling for stronger trade ties with the United States after a new climate law set out incentives for U.S.… Read More Here
Glencore claims to exceed 2 billion USD in terms of tax obligations in DRC in the last 3 years 9 Mining in DRC Environment Social Governance (ESG) Mining tax 

Glencore claims to exceed 2 billion USD in terms of tax obligations in DRC in the last 3 years

Constance
Glencore’s 4th annual conference was held on Tuesday, December 13, 2022 in the capitol room of the Rotana hotel in Kinshasa. This accountability exercise was centered under the theme: “Glencore, a partner for the energy transition and for the sustainable development of the DRC”.  In her speech, Marie-Chantal Kaninda, Vice-President of Glencore RDC and Chairman of the Board of Directors of Kamoto Copper Company (KCC), briefly presented the performance of Glencore’s activities in the country during the year 2022. To believe him, Glencore has invested over 8 billion US dollars over… Read More Here
United Arab Emirates signs a partnership for traceability in the DRC artisanal mining of 3T ores 10 Mining in DRC 

United Arab Emirates signs a partnership for traceability in the DRC artisanal mining of 3T ores

Constance
The Prime Minister, Jean-Michel Sama Lukonde Kyenge, supervised, on Saturday December 10, 2022, in his office, the signing ceremony of the partnership contract between the DRC and the United Arab Emirates. Partnership resulting in the creation of two companies: Primera Gold DRC for the artisanal gold sector and Primera Metals DRC for the artisanal 3T ores sector (Tin, Tungsten, Tantalum). The objective is to stop smuggling in these two sectors. It was in the presence of the Minister of Finance, the Minister of Portfolio, the Deputy Minister of Mines, and several experts… Read More Here

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

Copperbelt Katanga Mining will use the information you provide on this form to be in touch with you and to provide updates and marketing.