Energy - Copperbelt Katanga Mining

IDC takes steps to restructure ZESCO, seeks to split firm into three separate units 1

The Industrial Development Corporation has announced plans to restructure state power utility ZESCO. Through a tender published in the Daily Mail of Tuesday, January 4th 2022, the IDC wants to engage a Consultant who will undertake financial and operational restructuring of ZESCO. The IDC says the Consulant should also assess the possibility of segregating ZESCO’s main divisions such as generation, transmission and distribution into separate units. IDC stated that the splitting of ZESCO should not only provide financial relief by disposing off loss making assets but will also enhance control… Read More Here

Makutano 7: the DRC only consumes around 13 to 14 million megawatts per year

December 12, 2021January 5, 2022 arnbethnic

Since it is a question that holds the attention of the Governments of the world and international organizations, the energy transition to fight in particular against climate change was one of the themes addressed at the seventh (7th) edition of the Makutano business network. organized on Tuesday, December 7, 2021, at the Pullman Grand Hôtel in Kinshasa. Experts were gathered around the theme entitled: “Energy transition, a business opportunity for the Democratic Republic of Congo?” In response to this question, Fabrice Lusinda, an executive at the National Electricity Company (SNEL),… Read More Here

Mining in DRC Energy New Mining Projects

Kamoa-Kakula: Study work for Phase 3 expansion advancing; excavation underway on a new box cut

December 9, 2021January 6, 2022 admin

The scope of Kamoa-Kakula’s Phase 3 expansion includes a third concentrator plant to be located adjacent to the Kansoko Mine (at the Kansoko Sud orebody), approximately 10 kilometres north of the Kakula Mine. The Phase 3 concentrator is being designed to have a larger nameplate milling capacity than the 3.8-Mtpa nameplate milling capacity of the Phase 1 and 2 concentrators. The planned Phase 3 concentrator is expected to be supplied by ore from the established mine at Kansoko, as well as from two new planned mines, named Kamoa 1 and… Read More Here

Energy Mining in DRC New Mining Projects

Kamoa Copper’s green energy focus now on the Inga II hydropower plant to power Kamoa expansions

December 9, 2021January 25, 2022 admin

In August 2021, Kamoa-Kakula’s energy company signed an extension of the existing financing agreement with the DRC’s state-owned power company SNEL to upgrade turbine 5 at the Inga II hydropower complex. Since June 2021, rehabilitation scoping works and technical visits have been conducted by Stucky Ltd. of Renens, Switzerland, and Voith Hydro of Heidenheim, Germany, a leading engineering group. Voith Hydro, the contractor for the turbine 5 upgrade, has successfully rehabilitated two turbine generators at the adjoining Inga I hydropower plant, a project that was financed by the World Bank.… Read More Here

Energy Mining in Zambia

Vedanta to support Zambia on green energy transition goals

December 7, 2021January 25, 2022 admin

Natural resources company Vedanta intends to support the Zambian government in its green energy transition goals, it confirmed on December 7. This decision was bolstered by the steps already taken by the government, including the appointment of the country’s first Green Economy and Environment Minister Collins Nzovu in September, and is aligned to the further initiatives that have been presented, it said in a statement. Vedanta pointed out that demand for electricity in the country has been increasing over the last few years, while generation capacity remains stagnant, resulting in “instability in… Read More Here

Copper Energy Mining in Zambia

Zambia going all out to up green energy, copper with private-sector at helm

November 17, 2021November 17, 2021 admin

Zambia zoomed into town today and did all it could to sweep investors off their feet with pledges to be private-sector driven, surge into green energy, and do everything it can to regain top spot in global copper at a time when the metal is set to play such a key role in the fight against climate change. Zambia Commerce Trade and Industry Minister Chipoka Mulenga, the MP for Chingola, a Copperbelt area, was very impressive in providing assurances of very near-term incentivisation and showing great conscientiousness in re-entering proceedings to ensure that government… Read More Here

Energy Mining in DRC Mining Supply Tenders

Launch of Tenders for the 33 KV Overhead Power Line Extension Project at MMG Kinsevere- DRC

October 26, 2021October 26, 2021 admin

October 21, 2021 MMG Kinsevere SARL hereby announces to the public of the Democratic Republic of Congo that the following tender is being prepared and finalized for future work to be undertaken on the MMG Kinsevere site: Kinseverem 33 KV Overhead Power Line Extension Project All interested and qualified entities must submit their respective companies’ dossiers in accordance with the list of requirements below, detailing their expression of interest in the above subject, no later than October 29, 2021. All potential contractors must provide the following details, information and evidence,… Read More Here

Mining in DRC Energy

Commissioning of sustainable power solution at Kibali complete

October 22, 2021October 22, 2021 admin

Caterpillar has announced that Barrick Gold Corporation has collaborated with Cat dealer Tractafric to install 7.5 MW of battery energy storage capacity for its microgrid at the Kibali gold mine in the DRC. Now operational, Tractafric’s solution deploys the battery energy storage and Cat bi-directional power inverters (BDP) to provide grid stability, while the Cat Master Microgrid Controller seamlessly integrates up to 45 MW of power generated by three hydroelectric power stations and 36 Cat 3512 diesel generator sets. Barrick has also employed Cat Connect Remote Asset Monitoring for the… Read More Here

Mining in DRC Energy

DRC: Japanese will rehabilitate group 4 of Inga 2

October 18, 2021October 18, 2021 admin

The Prime Minister, Jean-Michel Sama Lukonde Kyenge, received the delegation of a Japanese association ready to support the DRC in the rehabilitation of group 4 of Inga 2. This delegation was led to the Prime Minister by the Ambassador Extraordinary and Plenipotentiary of Japan in the DRC, Mr. Hiroyuki Minami, who said he was very happy to continue cooperation and to walk together with the DRC. At the end of the hearing, the head of this delegation, also former Japanese Minister of Foreign Affairs, and currently president of AFRECO, a… Read More Here

Energy Mining in Zambia

Zambian Govt to help ZESCO settle the over $400 million dollars owed Maamba Collieries Limited

October 18, 2021October 18, 2021 admin

Energy Minister, Peter Kapala has said that government will facilitate a debt restructuring system to enable Zesco to dismantle over 400 million dollars it owes Maamba Collieries Limited. Mr. Kapala told journalists in Maamba today after touring Maamba Collieries Limited that Zesco has continued accruing the debt because it is currently only paying about 40% of the dues to Maamba Collieries Limited. The Energy Minister explained that Maamba Collieries Limited is looking at a guarantee that Zesco will settle the debt once the power utility company has raised enough money.… Read More Here