Energy - Copperbelt Katanga Mining

Anglo American Advances Exploration in Zambia and Expands Renewable Energy Portfolio 1

Anglo American, a leading mining company, is making significant strides in early-stage exploration in Zambia’s Northwestern Province to uncover potential copper and cobalt reserves. This move, announced by Anglo American CEO Duncan Wanblad in Cape Town, signifies the company’s commitment to fostering a more resilient mining industry in southern Africa. “Wanblad expressed optimism about Zambia’s mining sector, highlighting its potential for renewed activity, which bodes well for both Zambia and African mining as a whole,” stated the CEO. “Despite being in the early stages, we are determined to make a… Read More Here

Mining in DRC Energy

Japan Pledges Support for Energy and Mining in the DRC

January 24, 2024January 24, 2024 Constance

In a press release issued by the Deputy Prime Minister of the Economy on Saturday, January 20, 2024, DESKECO.COM reported the Japanese government’s commitment to assist the Congolese government in energy projects. The delegation, led by Deputy Parliamentary Minister of Foreign Affairs Fukazawa Yolchi, expressed Japan’s interest in supporting the Inga project, renewable energy development, and local ore exploitation. Japan, congratulating President Félix Antoine Tshisekedi on his re-election, presented two key energy projects. The first involves non-repayable financing for energy substations in Kinshasa, and the second offers a repayable loan… Read More Here

Mining in Zambia Energy Green Energy

CEC Green Bond Listing to Boost Zambia’s Green Growth and Climate Resilience

January 12, 2024January 12, 2024 Constance

The recent listing of the Green Bond by the Copperbelt Energy Corporation (CEC) has been hailed as a significant stride towards supporting Zambia’s Green Growth Strategy, according to Hon. Eng. Collins Nzovu, Minister of Green Economy and Environment. Speaking during the CEC Green Bond Listing Ceremony, Hon. Nzovu emphasized the pivotal role of public-private partnerships in advancing the country’s commitment to environmental sustainability. The Green Bond listing not only opens up Zambia’s capital markets but also aligns with the nation’s determined contribution to reducing carbon emissions, as outlined in its… Read More Here

International Coal Energy

𝗕𝗔𝗧𝗦𝗪𝗔𝗡𝗔 𝗖𝗢𝗡𝗦𝗢𝗥𝗧𝗜𝗨𝗠 𝗖𝗟𝗜𝗡𝗖𝗛𝗘𝗦 𝗠𝗜𝗡𝗘𝗥𝗚𝗬 𝗠𝗜𝗡𝗜𝗡𝗚 𝗖𝗢𝗡𝗧𝗥𝗔𝗖𝗧

December 17, 2023December 17, 2023 Constance

A consortium of Botswana citizen companies under the auspices of Meropa Resources has been appointed mining contractor at Masama Coal Mine in Medie, Minergy announced. In a notice to the market , Minergy Coal Limited said on Thursday 14 December 2023 that Meropa Resources has been appointed as the mining contractor for the company ‘ s coal mining operation. The Botswana Stock Exchange listed coal miner said the appointment of Meropa follows a rigorous vetting and extensive negotiation process which seeks to entrench operational efficiencies and anchor Masama Coal Mine… Read More Here

Mining in Zambia Electricity Energy Partnership

FQM SIGNS LANDMARK POWER SUPPLY AGREEMENT WITH ZESCO

December 1, 2023December 1, 2023 Constance

First Quantum Minerals (FQM) and ZESCO have entered into a landmark Power Supply Agreement (PSA), marking a new era of cooperation and securing a sustainable energy supply for FQM’s Trident and Kansanshi mines in Zambia. The ten-year agreement marks a significant milestone in the relationship between the two companies and represents a new era of collaboration and sustainable energy development in Zambia. Under the terms of the PSA, ZESCO will supply over 420 Megavolt Amperes (MVA) of renewable power to FQM’s Trident and Kansanshi mine sites. This substantial power supply… Read More Here

Mining in Zambia Energy

TAZAMA Pipeline Set for Major Expansion to Boost Energy Transport

September 26, 2023September 26, 2023 Constance

The Energy Regulation Board (ERB) has identified the expansion of the TAZAMA pipeline as a critical priority. Reynolds Bowa, Chairperson of the ERB Board, has emphasized the urgency of this expansion and revealed that discussions have been initiated with the Tanzanian regulatory body to strategize the pipeline’s growth. During a meeting with Mark Mwandosya, Chairperson of the Energy and Water Utilities Regulatory Authority (EWURA) in Dar-es-Salaam, Tanzania, Mr. Bowa expressed optimism about establishing a comprehensive plan, including budget allocation, timelines, and a project name by April of the following year.… Read More Here

Mining in DRC Energy Hydro power plant

DRC Seeks Hydropower Partners, Expands UAE Mining Investments

September 23, 2023September 23, 2023 Constance

The Democratic Republic of Congo (DRC) continues its search for partners for the world’s largest hydropower project while anticipating increased mining investments from the United Arab Emirates (UAE) in preparation for December elections. Talks regarding the 44-GW Grand Inga project with Australian billionaire Andrew Forrest and his company, Fortescue Future Industries, have stalled. However, President Felix Tshisekedi revealed in New York that there is interest from other potential partners, including the World Bank, Chinese investors, Europeans, and possibly Fortescue. Tshisekedi aims to position the resource-rich country as an attractive destination… Read More Here

Mining in Zambia Electricity Energy

ZESCO reintroduces electricity subsidies to benefit 8,300 new connections

August 30, 2023August 30, 2023 Constance

Zambia Electricity Supply Corporation Limited, the national electricity provider, has announced a significant move to enhance electricity access for low-income households and small-scale enterprises across Zambia. The company’s Managing Director, Victor Mapani, shared through a statement that they are reintroducing an electricity connection subsidy as part of the Electricity Service Access Project (ESAP). This initiative aims to extend electricity access primarily to rural areas. Under this program, a total of 8,300 new electricity connections will be established, benefiting both households and small-scale enterprises. Out of these, 7,800 connections are earmarked… Read More Here

International Battery Metals Energy

China’s dominance a key factor in renewable energy subsidy wars

August 29, 2023August 29, 2023 Constance

One of the primary catalysts for the prevalent global emergence of subsidies within the renewable energy sector stems from the dominance of China, research firm BMI Research operational risk analyst Keaton Fitzpatrick has said. Speaking at a webinar hosted by BMI Research – a Fitch Solutions company – titled ‘Subsidy Wars and The Energy Transition, The Race To Develop Low Carbon Energy Manufacturing’ on August 24, he said China had unequivocally established its preeminence across the global energy supply chain, encompassing vital components of renewable energy, as well as the critical mineral provisions and corresponding market domains. One of the primary catalysts for the prevalent… Read More Here

International Coal Energy Mining safety

Eleven people killed in China coal mine explosion

August 28, 2023August 31, 2023 Constance

A coal mine explosion in China’s Shaanxi province claimed the lives of 11 people. The incident took place last week while a total of 90 miners were present at the shaft, according to the provincial Department of Emergency Management. The site of the blast was the city of Yan’an in northern China, a mountainous region in the Shaanxi province where mining has been a key economic activity. At the time of the explosion, nine people were trapped inside and “found with no vital signs”, state broadcaster China Central Television… Read More Here