You are here

Category: Copper

ARSP announces having placed “under control” Tenke Fungurume Mining 1 Mining in DRC Copper Mining Policy 

ARSP announces having placed “under control” Tenke Fungurume Mining

Constance
The delegation of the Regulatory Authority for Subcontracting in the Private Sector (ARSP), led by its Director General, Miguel Kashal Katemb, continues the inspection on compliance with the legislation on subcontracting in mining companies of the province of Lualaba. After inspecting the company Tenke FUNGURUME, located 80 kilometers from the town of Kolwezi, the CEO of ARSP reassures that this company is willing to collaborate with ARSP in terms of subcontracting. “Our control here in the province of Lualaba, I am accompanied by entrepreneurs, because they are the beneficiaries of… Read More Here
Copper Critical for America’s New Energy Economy 2 Copper International 

Copper Critical for America’s New Energy Economy

Constance
The U.S. Department of Energy’s (DOE) new designation of copper as a critical material follows the lead of the EU, China, Japan, and others in labeling the metal as critical – and shows copper is on the cusp of a generational shift from an everyday material to a geopolitically significant commodity. This new strategic importance stems from copper’s criticality to a wide range of clean and renewable energy technologies, such as waste heat recovery and electric vehicles, which can reduce global GHG emissions by two-thirds. As a result, experts estimate… Read More Here
Panama’s president gives final approval to First Quantum copper mine contract 3 Copper International 

Panama’s president gives final approval to First Quantum copper mine contract

Constance
Panama’s president on Friday October 20th gave final approval of a law authorizing a new long-term contract for a major copper mine following lengthy negotiations that will ultimately provide state coffers with much more revenue from the project. The contract covers operations of a local subsidiary of Canadian miner First Quantum Minerals Ltd at the Cobre Panama mine. The bill was overwhelmingly approved earlier on Friday by lawmakers in Congress. President Laurentino Cortizo’s approval, made official in the government’s gazette, was the last step to green-light the contract. The new… Read More Here
Special Advisor to Zambian President Tours Kansanshi Mining Operations 4 Mining in Zambia Copper 

Special Advisor to Zambian President Tours Kansanshi Mining Operations

Constance
Kansanshi Mining Plc’s Solwezi operations recently hosted Mr. Jito Kayumba, the Special Assistant and Advisor on Economic, Investment, and Development Affairs to President Hakainde Hichilema. His visit aimed to assess the progress of the Sulphide No. 3 (S3) expansion project at the mine site. During the visit, Mr. Anthony Mukutuma, General Manager of Kansanshi Mining Plc, and the Corporate Affairs Manager, guided Mr. Kayumba on a tour of the mine and project areas. A significant highlight of the tour was the commissioning of the fifth Hitachi EH4000 diesel electric dump… Read More Here
Angola and Tanzania Challenge DRC's Exclusive Copper Export Route 5 Mining in DRC Copper Mining in Zambia Transport and Logistics 

Angola and Tanzania Challenge DRC’s Exclusive Copper Export Route

Constance
The exclusively Congolese route (river-rail) for copper exports, which had previously made SNCC and the former ONATRA the main partners of Gécamines, seems to be coming to an end. The lucrative market is likely to be taken over by either Angola or Tanzania. Both of these countries have undeniable and essential involvement in the security matters of eastern Congo. The plan was to modernize the Ubundu-Kisangani railway over 125 km so that SNCC could transport copper and related minerals. First, the minerals would travel via the railway from the southern… Read More Here
Delphos Invests $350 Million in Copper and Cobalt Refinery in DRC's Katanga Province 6 Mining in DRC Battery Metals Cobalt Copper 

Delphos Invests $350 Million in Copper and Cobalt Refinery in DRC’s Katanga Province

Constance
In a significant development for the Democratic Republic of Congo (DRC), the Industry Promotion Fund (FPI) has confirmed that a mining company is allocating $350 million for the establishment of a copper and cobalt refinery in the former province of Katanga. This initiative is part of the broader plan to industrialize the DRC, and the FPI is actively involved in facilitating this endeavor. According to the FPI’s press release, both technical and legal commissions have been formed to expedite the signing of a protocol between the FPI and Buenassa, a… Read More Here
Satellites Uncover Mining Emissions in Africa's Copperbelt 7 Copper Battery Metals Cobalt Mining in DRC Mining in Zambia 

Satellites Uncover Mining Emissions in Africa’s Copperbelt

Constance
Emissions from mining operations in Africa’s Copperbelt, particularly for copper and cobalt, can now be quantified from space, according to a groundbreaking study led by the National Center for Atmospheric Research (NCAR). The research reveals the environmental impact of the mining boom on air quality in neighboring towns and villages and offers the potential for remote monitoring of mining activities in a region where surface monitoring is limited. Mining for copper and cobalt in Africa has seen rapid growth, largely driven by the increasing global demand for electric vehicles, smartphones,… Read More Here
Zambia's Govt Urges Mopani Copper Mines to Tackle Dust Emissions from Tailings Dam 8 Mining in Zambia Copper Corporate social responsibility 

Zambia’s Govt Urges Mopani Copper Mines to Tackle Dust Emissions from Tailings Dam

Constance
The government of Zambia has issued a directive to Mopani Copper Mines to take immediate action regarding dust emissions originating from the tailings dam situated in Bwafwano, Kalulushi, in the Copperbelt region. Kalulushi District Commissioner, Kelly Jibinga, addressed concerns raised by Bwafwano residents regarding the continuous dust emissions from the Mopani Tailings dam, which have posed a significant health hazard to the community. During a stakeholder meeting attended by representatives from Mopani, local residents, and the Zambia Environmental Management Agency (ZEMA), Mr. Jibinga urged Mopani to effectively address the situation,… Read More Here
Anglo American and Mitsubishi Forge Partnership for Ethical Copper Value Chain 9 International Copper 

Anglo American and Mitsubishi Forge Partnership for Ethical Copper Value Chain

Constance
Anglo American and Mitsubishi Materials have signed a memorandum of understanding (MoU) to create a responsible copper value chain. Under the MoU, the two parties will collaborate to create a copper product line to meet increasing demand for metals with “strong provenance credentials”. The partnership’s primary objective is to enhance transparency throughout the copper value chain. The goal is to identify and evaluate the sustainability indicators that are most relevant and valuable to both industry participants and end consumers. Leveraging advance technology-driven traceability solutions, Anglo American and Mitsubishi will collaborate… Read More Here
Copper Slides to $8,075 per Tonne in DRC, October 9-14, 2023 10 Mining in DRC Copper 

Copper Slides to $8,075 per Tonne in DRC, October 9-14, 2023

Constance
The main mining export products of the Democratic Republic of Congo show a downward trend during this week from October 9 to 14, 2023, attest to the projections of experts from the National Mercuriales Commission of the Ministry of Foreign Trade. Copper continues its fall during this week. The red metal is trading around 8,072 USD per tonne against 8,095 USD per tonne last week, showing a drop of 23 USD. Zinc is up this week at 2,564 USD per tonne against 2,496 USD per tonne last week, an improvement of… Read More Here

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

Copperbelt Katanga Mining will use the information you provide on this form to be in touch with you and to provide updates and marketing.