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Category: Contracts & tenders

Hitachi Construction Machinery & FQM Announce zero Emission Partnership with signing of Letter of Intent 1 Mining in Zambia Contracts & tenders Copper 

Hitachi Construction Machinery & FQM Announce zero Emission Partnership with signing of Letter of Intent

Constance
Hitachi Construction Machinery Co., Ltd. and First Quantum Minerals yesterday, 1st March announced that they have entered into a Letter of Intent to advance the development of sustainable mining solutions at First Quantum’s flagship mining operations in Zambia. A proof of concept (“POC”) will be implemented as part of the LOI; Hitachi Construction Machinery supplying the first of its full battery, rigid frame dump trucks (“battery dump truck”) fitted with an ABB Ltd (“ABB”) battery, on-board charger and associated infrastructure by the end of FY2023 for technological feasibility trials at… Read More Here
Uncertainty Over Renewal of Chinese SICOMINES Operating Permit 2 Copper Contracts & tenders Mining in DRC 

Uncertainty Over Renewal of Chinese SICOMINES Operating Permit

Constance
According to reports, the Congolese government may not renew the operating permit of the Chinese-owned mining company SICOMINES next year. The Inspector General of Finance, Jules Alingete, said that the permit renewal is subject to negotiations and added that the demands of the IGF are clear: the $3 billion promised to the DRC by the Chinese company must be delivered, and the gains must be rebalanced. The contract between the DRC and the group of Chinese companies GEC was signed in 2008, and it promised $6.5 billion worth of infrastructure,… Read More Here
Sandvik wins SEK 370m BEV Equipment Supply Contract with Rana Gruber in Norway 4 Contracts & tenders Equipment & Technology International 

Sandvik wins SEK 370m BEV Equipment Supply Contract with Rana Gruber in Norway

Constance
Sandvik has been selected to supply a fleet of 19 battery-electric vehicles (BEVs) for use at Rana Gruber’s iron ore mine operations in Storforshei in northern Norway. The order is valued at approximately SEK 370 million, and includes trucks, loaders, drills, on-site service support and batteries. About 85% of the total value will be booked in the first quarter 2023, and the remaining part was booked in December 2022. Deliveries are planned to begin during the first quarter of 2023 and continue through 2024. The BEV fleet will support Rana… Read More Here
FQM CEO Updates Panama Collaborators and Suppliers on Contract Talks With Govt 5 Copper Contracts & tenders International 

FQM CEO Updates Panama Collaborators and Suppliers on Contract Talks With Govt

Constance
Tristan Pascall, CEO of First Quantum Minerals Ltd., during his recent visit to Panama with the Board of Directors, met with collaborators of Cobre Panama, as well as with local suppliers of the company, with whom he shared an update on the status of the situation regarding the talks with the Government of Panama, with a view to the signing of a new contract. Pascall indicated that “our goal remains to find an agreement with the Government that protects the more than 40,000 formal jobs and protects our investment. In… Read More Here
Zambia Mining Minister predicts Mopani Copper Mines deal by March 6 Mining in Zambia Contracts & tenders Copper 

Zambia Mining Minister predicts Mopani Copper Mines deal by March

Constance
Zambia’s Mines Minister Paul Kabuswe announced today, 6th Feb, that Mopani Copper Mines will acquire a new investor by the close of this quarter. He considers the complex, owned by state mining firm ZCCM-IH, a crucial asset for Zambia’s Copperbelt region. In an interview during the Mining Indaba in Cape Town, the Minister said that there are ten potential investors for the mine and smelter complex, among them South Africa’s Sibanye-Stillwater and “one or two” Chinese mining companies. And Neal Froneman, CEO of Sibanye, expressed interest in Mopani to Reuters… Read More Here
ARSP and DRC Mines Minister Sign Mining Company Control Deal 7 Mining in DRC Contracts & tenders 

ARSP and DRC Mines Minister Sign Mining Company Control Deal

Constance
On Friday, February 3, 2023, the ARSP (Authority for Regulation of Private Sector Subcontracting) signed an agreement with the National Minister of Mines, Mrs. Antoinette N’SAMBA KALAMBAYI, to initiate systematic control within mining companies in the DRC. The ARSP Director General, the Honorable Miguel Kassal Katemb, stated that the purpose of the agreement includes combating the front company system (that is, the lack of Congolese involvement in company administration) and opposing those main companies that continue to disregard the law by continuing to work with their usual subcontractors, who are… Read More Here
DRC Government Awards Exploitation of Three Gas Blocks 8 Oil & Gas Contracts & tenders Mining in DRC 

DRC Government Awards Exploitation of Three Gas Blocks

Constance
The government of the Democratic Republic of Congo announced on Wednesday 18.01.2023 evening the companies that have been selected, through a bidding process, to operate three gas blocks in Lake Kivu, located in the eastern part of the country. As per the statement by the Minister of Hydrocarbons, Didier Budimbu, the chosen companies are: Symbion Power & Red for the “Makelele” block, Winds Exploration and Production LLC for the “Idjwi” block, and Alfajiri Energy Corporation for the “Lwandjofu” block. The first two companies have their headquarters in the United States,… Read More Here

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