Cobalt - Copperbelt Katanga Mining

Drilling programme imminent at Luanshimba – DRC

May 28, 2021May 28, 2021 admin

AIM-listed Red Rock Resources will soon begin a drilling programme at its Luanshimba License in the Democratic Republic of Congo (DRC), which contains copper and cobalt targets. Red Rock resources owns 80% of the Luanshimba project, which is situated 65 km south-east of the provincial capital of Lubumbashi in Haut-Katanga, in a 420 hectare prospecting license in the Congolese Copperbelt. Rubaco SARL have been engaged to carry out a 2 000m Reverse Circulation drill programme comprising 20 holes, with an option to extend to 3 000 m Progressing Luanshimba has been… Read More Here

Cobalt Copper Mining in DRC

DRC bans export of cobalt, copper concentrate – Fastmarkets

May 28, 2021May 28, 2021 admin

An order sent to miners in the Democratic Republic of Congo (DRC) on Wednesday has banned the export of copper and cobalt concentrate, according to Fastmarkets. The data provider said it confirmed with three companies operating copper and cobalt mines in DRC that they all received the notice, signed by Bernard Bosele Pilipili the provincial director of Customs and Excise in the Katanga province of DRC. At present, the trucks carrying copper and cobalt concentrate could still pass through the border, and the effective date of the order is not mentioned,… Read More Here

Cobalt Copper Gold Mining in DRC Tin Zinc

World: The price of a gram of gold settled at 59.80 USD on weekdays (official)

May 27, 2021May 27, 2021 admin

The price of a gram of gold saw a marked improvement in the international market during the week of May 24-29, 2021, trading at $ 59.80 versus $ 57.66 in the week of May 17-22, 2021. These indications on the trend of commercial mining products were revealed in a press release on Wednesday, May 26, 2021, by the Congolese Ministry of Foreign Trade. The same document informs that Silver and Tantalum are also experiencing a price rise in the international market during the same period, trading at $ 0.90 vs.… Read More Here

Cobalt Battery Metals International Mining in DRC

Glencore pilots cobalt blockchain traceability solution

May 20, 2021May 20, 2021 admin

Glencore plans to partner with miners Eurasian Resources Group, CMOC and battery material supplier Umicore on trials of a blockchain-based traceability solution that will track cobalt from its source to use in an electric vehicle. The pilot of the ReISource solution will launch this year, with a final deployment scheduled for 2022. It will track cobalt from upstream production facilities in the Democratic Republic of the Congo to downstream uses in EV batteries. “Blockchain technology offers us an unprecedented ability for traceability in the supply chain. Through this pilot, we… Read More Here

Copper Cobalt

How to recycle batteries without smelting

May 19, 2021May 19, 2021 admin

Canada Silver Cobalt Works (TSXV: CCW) explained its Re-20x hydrometallurgical process to the audience as last week’s Bezinga virtual global small cap conference. The process involves no smelting of materials to recycle batteries in a cost competitive, environmentally sound and sustainable way, the company said. Re-20x involves selective leaching, first in a reactor that removes arsenic and other undesirable metals. Copper arsenate for wood preservation is produced. A second reactor basically puts all the metals into solution from which they can be selectively removed as per a customer’s specifications. The… Read More Here

Cobalt Copper Mining in DRC

DRC: Glencore plans to restart copper and cobalt production at Mutanda mine in 2022

May 19, 2021May 19, 2021 admin

Glencore plans to restart operations at Mutanda – the world’s largest cobalt mine that also produces large amounts of copper – in the Democratic Republic of the Congo next year, a source with direct knowledge of the matter told Reuters. Glencore, one of the world’s largest copper producers and the largest producer of cobalt, said in February that the process of resuming production at Mutanda was underway, but did not give a specific date. Copper is a vital material for the energy and construction industries and it is also very… Read More Here

Artisanal mining Cobalt Mining in DRC

Democratic Republic of the Congo aims to assume control of artisanal mining sector

May 18, 2021May 18, 2021 admin

The Democratic Republic of Congo is undertaking a huge, and potentially significant, experiment, Reuters reported recently. The effort aims to clean up the DRC’s appalling reputational image as a supplier tainted with all manner of human rights abuses and lack of supply chain transparency. Reuters reports the state, in the guise of a new enterprise called the Enterprise Generale du Cobalt (EGC), aims to assume total control of the artisanal cobalt mining sector. That includes monopoly rights to buy all production. Congo and the artisanal cobalt mining sector The government is… Read More Here

Copper Cobalt Mining in DRC

Ramp-up puts Glencore’s KCC on track

May 17, 2021May 17, 2021 admin

Glencore says its Kamoto Copper Company in the Democratic Republic of Congo is on track to achieve annualised nameplate production capacity after a successful ramp-up in 2020. CEO Ivan Glasenberg also said the company was committed to both KCC and its currently mothballed Mutanda copper-cobalt mine in the country. He said Glencore was honoured last week by a visit to KCC from dignitaries, including DRC president Felix Tshisekedi, in recognition of Glencore’s ongoing commitment to and investment in the country. “KCC represents a key part of Glencore’s almost US$8 billion… Read More Here

Mining in DRC Cobalt Copper New Mining Projects

DRC: Félix Tshisekedi and Sama Lukonde attended the inauguration of the new KCC research plant in Kolwezi

May 15, 2021May 15, 2021 admin

Over 300,000 tonnes of copper and over 40,000 tonnes of cobalt per year. KCC employs over 10,000 people to date. Kamoto Copper Compagny is a mining company with superlatives. Larger in all areas, Kamoto Copper Company was honored to receive, on May 13, 2021, an extremely rare event, both the visit of the President of the Republic and the Prime Minister. This mining giant, the largest producer of cobalt in the world, weighs nearly 6 billion US dollars in investment. It is also the largest producer of copper in Africa and the… Read More Here

Battery Metals Cobalt International Mining in DRC

Glencore boss warns of future China dominance in electric vehicles

May 15, 2021May 15, 2021 admin

US and Europe risk being left behind unless they secure cobalt supplies for batteries, says Ivan Glasenberg. The car industry in the US and Europe risks being left behind by their Chinese rivals unless they secure supplies of cobalt, according to the world’s biggest producer of the key battery metal. Glencore chief executive Ivan Glasenberg told the FT Future of the Car Summit on Wednesday that western carmakers would be naive to think they could always rely on China to supply the batteries for electric vehicle fleets. Glasenberg said Chinese… Read More Here