Contracts & tenders - Copperbelt Katanga Mining

Barrick Gold Warns Shareholders Against Below-Market Mini-Tender Offer 1

Canadian mining giant Barrick Gold has issued a caution to its shareholders regarding an unsolicited mini-tender offer from TRC Capital Investment. The offer seeks to acquire up to five million of Barrick’s common shares, representing approximately 0.29% of its outstanding shares, at a below-market price of C$21.35 per share. Barrick highlighted in a statement on Monday that the offer price reflects a discount of 4.52% on the Toronto Stock Exchange (TSX) and 4.38% on the New York Stock Exchange (NYSE) closing prices as of January 7. The company clarified that… Read More Here

Mining in DRC Contracts & tenders Copper Mining Supply Tenders

Kamoa Copper Signs $75 Million in Contracts with 22 Local Subcontractors to Boost Congolese Participation

September 22, 2024September 22, 2024 Constance

To further President Félix Tshisekedi’s vision of empowering local businesses, the Director General of the Regulatory Authority for Subcontracting in the Private Sector (ARSP) oversaw the signing of contracts between 22 Congolese subcontracting companies and the Kamoa Copper company in Lualaba province. The contracts, valued at $75 million, will provide these companies access to various markets within Kamoa’s operations, such as the supply of sulfuric reagents, acid, underground pipe installation, and gardening services. List of Subcontracting Companies and contracts: Total value of contracts awarded in July and August 2024: $75,074,532… Read More Here

Mining in DRC Contracts & tenders Mining Supply Tenders

Five Companies Secure $73 Million in Contracts with SICOMINES

September 15, 2024September 16, 2024 Constance

Five subcontracting companies have secured contracts totaling USD 73 million with SICOMINES Mining Company, following a competitive selection process. This achievement was made possible through the support of the Private Sector Subcontracting Regulatory Authority (ARSP). The contracting companies are: 1.Exel Global Services SARLU 2.Bishworld SARL 3.Bofa SARL 4.Jadex Constructions SARL 5.Lake Region Venture The contract signing ceremony, held in Lualaba, was attended by ARSP Director General Miguel Kashal, who traveled from Kolwezi for the event. This milestone aligns with President Félix-Antoine Tshisekedi Tshilombo’s vision for entrepreneurship and local economic development.… Read More Here

Mining in DRC Contracts & tenders Copper Mining Supply Tenders

Glencore, Trafigura, and Mercuria Secure Copper Deals from DRC’s Gecamines

September 11, 2024September 16, 2024 Constance

Glencore Plc, Mercuria Energy Group, and Trafigura Group have successfully secured copper purchases from the Democratic Republic of Congo’s (DRC) state-owned mining company, Gecamines. This marks the first time Gecamines has marketed copper from its joint-venture projects. The three major commodity trading firms won bids to purchase copper from the Tenke Fungurume mine, a vast operation owned by China’s CMOC Group Ltd. and Gecamines. According to sources familiar with the deal, the Tenke Fungurume mine is one of the DRC’s largest copper and cobalt producers, with exports of 361,000 tons… Read More Here

Mining in DRC Contracts & tenders Mining Supply Tenders

ARSP Announces 11 New Tenders for Mutanda Mining in DRC

June 28, 2024June 28, 2024 Constance

Mutanda Mining, a subsidiary of Glencore DRC, has launched 11 calls for tenders in the fields of services and construction for Congolese subcontractors. This announcement was made by the regulatory authority for subcontracting in the private sector (ARSP). On the occasion of the publication of these tenders, Miguel Katemb Kashal, the Director General of ARSP, urged Congolese entrepreneurs to seize these opportunities to access the job market in the Democratic Republic of Congo’s mining sector. “We call on Congolese entrepreneurs to bid for the 11 calls for tenders launched by… Read More Here

Mining in Zambia Contracts & tenders Energy

Tender opens for feasibility study on floating solar in Zambia

May 26, 2024May 26, 2024 Constance

The African Development Bank is seeking expressions of interest from consultants to carry out a feasibility study for a floating solar project at a dam in southern Zambia. The deadline for applications is June 15. The African Development Bank has opened a tender inviting consulting firms to express interest in providing consultancy services for a floating solar project at the Kariba Dam, a hydroelectric power plant in Zambia. The dam is located at the Lake Kariba reservoir on the Zambia-Zimbabwe border. The chosen consultant will be tasked with feasibility studies… Read More Here

Mining in DRC Contracts & tenders Mining Supply Tenders

Construction and Modernization of 3 Markets | DRC

April 5, 2024April 6, 2024 Constance

Construction and Modernization of 3 Markets, details in the document below. Read More Here

International Contracts & tenders Exploration News in Brief

Angola: Government and Rio Tinto sign investment contract today

January 17, 2024January 17, 2024 Constance

The second largest metals and mining company in the world, Rio Tinto, signs today 16th January, in Luanda, with the Angolan Government, a mining investment contract for prospecting and exploration of base metals in the province of Moxico. The information was provided by the Ministry of Mineral Resources, Oil and Gas, pointing out as the target of the contract the so-called “Moxico Concession”, which covers an area of 9,959 square kilometers. The list of base metals includes ores such as copper, lead, tin, aluminum, nickel and zinc. Rio Tinto, which officially entered Angola… Read More Here

Mining Equipment Contracts & tenders Mining in DRC Mining Supply Tenders

SANDVIK EQUIPMENT TENDER TO BOLSTER KAMOA-KAKULA COPPER OPERATION

November 30, 2023December 1, 2023 Constance

JMMC, a subsidiary of JCHX Mining Management Co., Ltd., has announced a significant collaboration with Sandvik Mining and Rock Solutions. The deal involves the procurement of 15 new units of underground equipment destined for the Kamoa-Kakula copper operation situated in the Democratic Republic of the Congo (DRC). The comprehensive order consists of eight Toro™ TH663i trucks, five Toro™ LH621i loaders, and two Sandvik DL432i longhole production drills. The deliveries are scheduled across the initial three quarters of 2024. This acquisition will notably expand the Sandvik mobile fleet, establishing a count… Read More Here

Mining in DRC Contracts & tenders Oil & Gas Petroleum

DRC Ministry of Hydrocarbons Defends Tender Process as Transparent, Impartial, and Competitive

November 6, 2023November 6, 2023 Constance

An investigation by the Bureau of Investigative Journalism and Reuters revealed on Thursday (November 2) that the bidding for oil and gas blocks in the Democratic Republic of Congo was tainted by apparent preferential treatment and secret deals. According to this investigation consulted by ACTUALITE.CD, a gas block was awarded to the Canadian company Alfajiri Energy Corporate even though it does not meet the prerequisites of the law regarding Hydrocarbons. In reaction, the Congolese government, through the Ministry of Hydrocarbons, believes that this investigation of people of “bad will” has… Read More Here