Copper - Copperbelt Katanga Mining

Vedanta’s Commitment to Engineering Standards Encouraged at KCM

September 23, 2023September 25, 2023 Constance

The Engineering Institution of Zambia (EIZ) is optimistic that Vedanta Resources Limited will uphold the engineering standards established by the institution and adhere to ethical codes of conduct in all their engineering projects at Konkola Copper Mines (KCM). Ntalasha Mutale, EIZ Public Relations Manager, emphasizes that the institution will ensure Vedanta fulfills its obligations while maintaining ethical and professional conduct in its engineering endeavors, ensuring that the works delivered meet acceptable standards for the benefit of the Zambian people. Mutale further highlights the existence of engineering standards and a code… Read More Here

Mining in DRC Copper Mining safety

Ivanhoe Mines reports fatality at the Kamoa-Kakula Copper Complex

September 20, 2023September 20, 2023 Constance

KOLWEZI, DEMOCRATIC REPUBLIC OF CONGO – In a somber turn of events, Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) recently announced a tragic incident that unfolded at the Kamoa-Kakula Copper Complex in the Democratic Republic of Congo (DRC). The mining community and the world were left in shock when news broke of a fatal accident occurring underground at the Kakula mine, claiming the life of Mr. Mick Ilunga, a contractor drill rig operator. Another contractor drill rig operator was also injured but is fortunately receiving medical treatment for non-life-threatening injuries. This… Read More Here

Mining in DRC Cobalt Copper

Human Rights Abuses in the DRC’s Cobalt and Copper Mining Industry

September 18, 2023September 18, 2023 Constance

The Democratic Republic of the Congo (DRC) is known for its abundant reserves of cobalt and copper, crucial components for the production of rechargeable batteries that power our modern world, from electric vehicles to mobile phones. However, the expansion of industrial-scale mines in the DRC has come at a significant human cost, with entire communities facing forced eviction and rampant human rights abuses. A recent report by Amnesty International and the DRC-based organization Initiative pour la Bonne Gouvernance et les Droits Humains (IBGDH) titled “Powering Change or Business as Usual?”… Read More Here

Mining in DRC Battery Metals Cobalt Copper Lithium

EU Commissioner Reassures Investment in DRC’s Critical Minerals

September 15, 2023September 15, 2023 Constance

During a meeting in Lubumbashi, Didier Reynders, the European Union Commissioner for Justice, conveyed strong support from European economic operators for investing in the development of critical minerals in the southeastern region of the DRC, as well as emphasizing the importance of addressing the social aspects of mining. Reynders explained, “The goal is to establish strategic partnerships in the mining sector for critical minerals, enabling European operators to actively engage in enhancing the social aspects of mining exploitation. We are committed to increasing the value of work in the mining… Read More Here

Copper Gold International

Barrick’s Embedded Growth Projects to Drive Value With 30% Rise in Production

September 13, 2023September 13, 2023 Constance

With the potential embedded in its growth project portfolio, Barrick plans to double its copper production by the end of the decade and continue to increase it to an estimated 1 billion pounds or 450,000 tonnes of copper per annum by 2031, says president and chief executive Mark Bristow. Speaking to investors on an update call, Bristow said this substantial growth in copper production combined with the output from Barrick’s sector-leading gold portfolio was expected to increase the group’s attributable production by some 30% to 6.8 million gold-equivalent ounces by… Read More Here

Mining in Zambia Copper

Zambia’s Govt Advocates Local Sourcing to Empower Mining Communities

September 10, 2023September 10, 2023 Constance

The Zambian government has acknowledged the enduring challenges confronting mining communities and believes that these issues can be effectively addressed if mining companies prioritize sourcing services and supplies locally. Minister of Mines, PAUL KABUSWE, emphasized that these communities have long been deprived of the full benefits of their natural resources. He expressed the government’s commitment to curbing the widespread outflow of resources and opportunities away from local communities. Addressing the 2023 Mining Local Content Conference in Kitwe, Mr. KABUSWE, through Copperbelt Deputy Permanent Secretary DANIEL KAMENGA, highlighted the positive impact… Read More Here

Copper International

First Quantum Reaches Agreement with Panama Copper Mine Union

September 10, 2023September 10, 2023 Constance

Canadian copper producer First Quantum Minerals Ltd. faces the threat of a strike at its flagship mine in Panama this weekend if union leaders and company representatives can’t agree on a wage contract for workers at the massive operation. Negotiators are in the final day of salary talks with workers at the Cobre Panama mine, but are “stuck” on some of the details related to wage adjustment and bonuses, union leader Michael Camacho said Friday in text messages. He said a strike will begin after midday on Saturday if negotiators… Read More Here

Copper Cobalt International Lithium Mining in DRC

US and Saudi Arabia Discuss African Metal Deals

September 10, 2023September 10, 2023 Constance

The United States and Saudi Arabia are reportedly in discussions to secure vital metals from African sources as part of their energy transition efforts, according to sources cited by the Wall Street Journal. A Saudi state-backed venture is exploring the acquisition of mining stakes valued at $15 billion in African nations like the Democratic Republic of Congo, Guinea, and Namibia. This arrangement would grant US companies the option to purchase a portion of the production. This development comes as the US races to compete with China for access to cobalt,… Read More Here

Mining in Zambia Cobalt Copper Mining in DRC Nickel

Japan and UK to Jointly Invest in African Critical Minerals for Supply Chain Stability

September 10, 2023September 10, 2023 Constance

Japan and the UK have unveiled plans for joint investments in critical minerals in Africa, aiming to enhance the stability of their supply chains originating from the continent. This collaboration includes efforts to develop mines in African nations and establish a framework for discussing economic security at the ministerial level. The two countries intend to acquire mining sites and develop refining facilities while partnering with mineral-rich African nations to diversify their sources of supply. Japan, heavily dependent on China for crucial minerals like cobalt and nickel, is actively seeking partnerships… Read More Here

Lithium Battery Metals Copper Gold Mining in DRC

Will Africa and the DRC Turn the Lithium Rush into a Development Opportunity?

September 8, 2023September 8, 2023 Constance

Africa holds 30-75% of the world’s reserves of lithium, phosphate, copper, chrome, manganese, gold, platinum, diamonds, and aluminum. Some of these minerals, such as lithium, are essential for what is known as the energy transition, the shift from an economy based on gas and oil to one based on renewable sources. Zimbabwe possesses the largest lithium reserves in Africa, which are also the fifth-largest in the world. In 2018, Zimbabwe and Namibia were among the top ten global lithium producers. Zimbabwe is expected to meet 20% of the global demand… Read More Here