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Category: Artisanal mining

Protests erupt as illegal miners remain in Ghana gold mine  1 International Artisanal mining Gold 

Protests erupt as illegal miners remain in Ghana gold mine 

Constance
Protests have erupted in the mining town of Obuasi, Ghana, as up to 300 gold miners remain underground at an AngloGold Ashanti mine due to fear of arrest if they exit. Heavily armed police officers fired shots at protesting crowds, according to footage taken by Al Jazeera. The illegal, or artisanal, miners entered the mine last week, and more than 80 have chosen to leave and been immediately arrested by Ghanian police forces. In a statement to Mining Technology, AngloGold Ashanti said that “the main exit ramp from the mine,… Read More Here
Gold Remains the Shining Star in the Precious Metals Market 2 Gold Artisanal mining International 

Gold Remains the Shining Star in the Precious Metals Market

Constance
The global precious metals market is experiencing remarkable growth, poised to surpass $400 billion by 2028, according to a report by Fortune Business Insights™. The report highlights the significant role played by gold in driving this market expansion. As the market continues to thrive, it becomes crucial to consider the repercussions for the Artisanal and Small-Scale Gold Mining (ASGM) sector, particularly in Africa and other frontier mining jurisdictions. Unleashing the Potential of Gold: Gold stands as a beacon of stability and security amidst the volatile investment landscape. Its low-risk nature… Read More Here
Kinshasa Accounts for Nearly 9.99% of Artisanal Gold Production in 2022 3 Mining in DRC Artisanal mining Gold 

Kinshasa Accounts for Nearly 9.99% of Artisanal Gold Production in 2022

Constance
The city of Kinshasa, capital of the Democratic Republic of Congo produced 9.99% of the total production of artisanal gold during the year 2022, informs the official statistics of the services of the Ministry of Mines. This proportion of production represents 4.22 kilograms of artisanal gold produced in the city of Kinshasa. A production that raised revenues of around USD 244,431.0. For the whole of the 2022 financial year, the artisanal sector of the Democratic Republic of Congo produced 42.25 Kg of gold for an estimated value of 1,592,809.58 million US… Read More Here
Glencore supports World Day against Child Labour 4 Mining in DRC Artisanal mining Copper Corporate social responsibility 

Glencore supports World Day against Child Labour

Constance
Glencore recognises the ILO-sanctioned World Day Against Child Labour and its theme ‘Social Justice for All. End Child Labour’. With two industrial copper cobalt assets in the DRC, Kamoto Copper Company (KCC) and Mutanda Mining (MUMI), Glencore operates in a geography that is faced with child labour issues associated with artisanal and small-scale mining (ASM). While KCC and MUMI do not process, buy or trade ASM material, Glencore believes that ASM can play an important and sustainable role in the DRC economy when carried out responsibly and transparently. The company, in partnership with others,… Read More Here
Small Scale Miners Urge Tax Incentives for Start-up Mines in Zambia 5 Mining in Zambia Artisanal mining Mining tax 

Small Scale Miners Urge Tax Incentives for Start-up Mines in Zambia

Constance
The Federation of Small Scale Mining Association of Zambia has recently made a plea to the government, requesting a 5-year tax-free period for start-up artisanal and small-scale mines in the upcoming 2024 national budget. This proposal aims to provide these miners with an opportunity to establish and streamline their operations, similar to the benefits enjoyed by large-scale miners during their initial business setup. Sankisha Chilwesa, the Deputy Publicity Secretary, emphasized the importance of granting tax incentives to artisanal and small-scale miners. Chilwesa asserted that such measures would contribute to their… Read More Here
DRC Deputy Minister of Mines Calls for Action to Protect Artisanal Miners 6 Mining in DRC Artisanal mining 

DRC Deputy Minister of Mines Calls for Action to Protect Artisanal Miners

Constance
The Democratic Republic of Congo participated, through the Ministry of Mines, in the XVI Forum on responsible mineral supply chains, organized by the tripartite Organization for Economic Cooperation and Development (OECD), the CIRGL and the United Nations Experts.  Representing the DRC, Godard Motemona, Deputy Minister of Mines, castigated the precarious situation experienced by artisanal miners in his country, while end consumers reap enormous benefits.  He made the assembly see the enormous losses experienced by the DRC through mining fraud following non-compliance with the framework measures put in place.  “Almost all… Read More Here
Six killed in illegal Diamond mine collapse in DRC 7 Artisanal mining Diamond Mining in DRC 

Six killed in illegal Diamond mine collapse in DRC

Constance
Six people died in a diamond mine collapse in the Democratic Republic of Congo over the weekend, according to officials on Sunday 7th May. The incident occurred on Friday5th May in the Diboko area of central Kasai province. The victims were “unauthorized diggers who entered an area where mining is forbidden”, said Gaston Nkole, the province’s vice-governor. Despite the ban on mining for safety reasons, informal miners have continued to come to the site at night in search of diamonds. The vice-governor confirmed on Saturday 6th May night that the… Read More Here
New effort maps taxes and fees to increase transparency in Congo's artisanal cobalt supply chain 8 Mining in DRC Artisanal mining Cobalt Taxes 

New effort maps taxes and fees to increase transparency in Congo’s artisanal cobalt supply chain

Constance
Studies show that heavy taxes and complex administrative burdens encourage extortion, smuggling, and debt bondage. IMPACT is launching a new project tackling corruption in Democratic Republic of Congo’s (DRC) artisanal cobalt sector with an effort to map all the taxes and fees supply chain actors are legally required to pay. The Mapping Payments project, which is implemented in collaboration with the Congolese non-profit Action pour la Défense des droits humains (ADDH), kicked off last month with a workshop in Kolwezi, Lualaba Province—the town at the heart of DRC’s artisanal cobalt mining sector.… Read More Here
EU and Canadian IMPACT team up to Combat Cobalt Corruption in DRC 9 Mining in DRC Artisanal mining Cobalt 

EU and Canadian IMPACT team up to Combat Cobalt Corruption in DRC

Constance
The Canadian organization IMPACT, which specializes in improving the management of natural resources, launched on March 21 in the city of Kolwezi the project “Mapping costs”. This is an initiative funded by the European Union and intended to fight against corruption by promoting transparency of taxes and royalties applicable in the artisanal cobalt sector in the DRC. This initiative brings together various stakeholders, including local elected officials, artisanal miners, civil society actors, traders and experts in mining and financial management, this project will consist of holding a series of workshops to… Read More Here
Primera Gold boosts exports of Gold from Artisanal Mining in DRC 10 Mining in DRC Artisanal mining Gold 

Primera Gold boosts exports of Gold from Artisanal Mining in DRC

Constance
It was the Economic Situation Committee (CCE) that made this observation during its weekly meeting on Wednesday March 22 around the Prime Minister, Jean-Michel Sama Lukonde Kyenge. According to the Minister of State in charge of the Budget, Aimé Boji Sangara, the Economic Committee noted with satisfaction that since the entry into activity of Primera Gold in January 2023, there has been an improvement in the export of gold from the artisanal sector.  Primera Gold achieved 77% export of artisanal gold. “So the export of gold from the artisanal sector in… Read More Here

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