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Category: Contracts & tenders

Panama suspends debate for First Quantum's new Mining Contract 1 International Contracts & tenders Copper 

Panama suspends debate for First Quantum’s new Mining Contract

Constance
Panama’s National Assembly decided on Thursday September 28th, to suspend the debate for a new contract with Minera Panama, the local subsidiary of Canadian miner First Quantum, as lawmakers seek a government revision of the current proposal. The assembly’s trade commission decided to suspend discussions on the contract and recommended its withdrawal for a review. Earlier this month, some members of Panama’s congress visited First Quantum’s copper mine to resolve doubts over the contract expressed across the Central American country as it debates the new changes. The contract concerns First Quantum’s flagship… Read More Here
Underground Lighting Solution for Kipushi Mining Project 2 Technology & Innovation Contracts & tenders Mining Supply Tenders 

Underground Lighting Solution for Kipushi Mining Project

arnbethnic
BEKA Schréder has supplied the underground lighting solution to the Kipushi Project in the Democratic Republic of the Congo (DRC). The Kipushi Project, a historical underground mine located in the DRC’s province of Haut-Katanga, is adjacent to the town of Kipushi and approximately 30 kilometres southwest of the provincial capital of Lubumbashi, DRC. Kipushi Corporation (KICO), a joint venture between Ivanhoe Mines and state-owned mining company Gécamines (La Générale des Carrières et des Mines), owns the project. The mine is expected to become one of the largest zinc mines in… Read More Here
Metso Awarded Contract to Supply Processing Equipment for FQMs' Kansanshi Copper Mine Expansion 3 Mining in Zambia Contracts & tenders Copper Mining Equipment 

Metso Awarded Contract to Supply Processing Equipment for FQMs’ Kansanshi Copper Mine Expansion

Constance
Metso has received a contract from Canadian company First Quantum Minerals (FQM) for the delivery of minerals processing equipment to the Kansanshi copper mine S3 expansion in Zambia. Under the contract, which is valued at more than €20m ($21.78m), Metso will supply equipment such as apron feeders, mechanical flotation cells, high-intensity Concorde Cell units, HRT thickeners and a clarifyer. Metso said that most of the separation equipment is part of its Planet Positive offering. Metso flotation vice-president Antti Rinne said: “Kansanshi’s flotation flowsheet combines the well-proven, energy-efficient TankCell flotation cells… Read More Here
Zambia Cancels Zambezi Power Station Contract Over Cost and Procurement Issues 4 Mining in Zambia Contracts & tenders Electricity 

Zambia Cancels Zambezi Power Station Contract Over Cost and Procurement Issues

Constance
Zambia has disclosed that it will cancel a building contract given to General Electric Co. and Power Building Corp. of China because the project to construct a 2,400-megawatt power station on the Zambezi River is excessively expensive. In remarks aired last week on the state-run Zambia National Broadcasting Corp., and reported by the American news agency, Bloomberg, Zambia’s energy minister, Peter Kapala, noted that proper procurement procedures weren’t followed when the purchase was made. The dam’s development is overseen by the state-run Zambezi River Authority, which predicted last year that the project… Read More Here
DRC Govt and Chinese Companies Renegotiate Contract Amid Sabotage Attempts 6 Mining in DRC Contracts & tenders 

DRC Govt and Chinese Companies Renegotiate Contract Amid Sabotage Attempts

Constance
While the Government of the Democratic Republic of Congo (DRC) and the group of Chinese companies meet on a table to revisit the contract that binds them, some ill-intentioned people allow themselves to torpedo the efforts of the DRC. The alert was launched by the Congolese League for the Fight against Corruption (LICOCO), through a press release signed by the executive secretary of this structure, Ernest Mpararo. In a press release made public on Monday April 3, 2023, LICOCO warns these people whom it describes as “black Chinese”. While welcoming… Read More Here
DRC Included in Agreement for Rebalancing Chinese Contract Provisions 7 Mining in DRC Contracts & tenders 

DRC Included in Agreement for Rebalancing Chinese Contract Provisions

Constance
The Government of the Democratic Republic of Congo (DRC) and a group of Chinese companies, China Airways Corporation and Synohydro, initiated contract revisions on April 22, 2008, to balance the interests of both parties. The process began on Wednesday, March 22, 2023. Present at this work following the publication of the report of the General Inspectorate of Finance (IGF), which denounces the imbalances in the execution of the Chinese contract, Jules Alingete, Inspector General and Head of Department of the IGF, indicated that this procedure has already been provided for… Read More Here
DRC's National Assembly to Scrutinize Chinese Contract under Parliamentary Control 8 Mining in DRC Contracts & tenders 

DRC’s National Assembly to Scrutinize Chinese Contract under Parliamentary Control

Constance
After President Félix Tshisekedi’s wish to revisit the Chinese contract in order to rebalance the advantages between the different parties, the National Assembly will also examine contracts signed between the Democratic Republic of Congo and third parties, including the Chinese contract.  The announcement was made during the plenary session on Tuesday March 21, 2023 by the President of the National Assembly, Christophe Mboso. “It should be remembered that during this session, contracts signed between the Congolese State and certain partners will be subject to parliamentary control such as the Chinese… Read More Here
DRC, Zambia, UN, Afreximbank to sign EV Battery precursor SEZ Agreement 9 Mining in DRC Battery Metals Contracts & tenders Mining in Zambia 

DRC, Zambia, UN, Afreximbank to sign EV Battery precursor SEZ Agreement

Constance
The signing of the Framework Agreement relating to the creation of Special Economic Zones dedicated to the production of precursors for batteries, batteries and electric vehicles between the Democratic Republic of Congo, Zambia, the United Nations Economic Commission for Africa and Afreximbank is scheduled for March 27, 2023 in Kinshasa. This signature will be followed by the launch of a pre-feasibility study. Which study will aim to design an implementation plan and an operational model for the creation and operation of the cross-border SEZ.  It will also aim to identify the… Read More Here
DRC President Accedes to the Request of Revisiting Chinese contract 10 Mining in DRC Contracts & tenders 

DRC President Accedes to the Request of Revisiting Chinese contract

Constance
The President of the Democratic Republic of Congo (DRC), Félix-Antoine Tshisekedi, says he is in favor of revisiting the collaboration agreement signed on April 22, 2008 between his country and the group of Chinese companies formed by China Airways Corporation and Synohydro . The Congolese Head of State, Félix Tshisekedi made this known during the 91st meeting of the Council of Ministers held on Friday March 17, 2023 in Kinshasa. Among the motivations that led to this position, Félix-Antoine Tshisekedi mentions cases of non-compliance with the provisions of the contract,… Read More Here

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