Energy - Copperbelt Katanga Mining

Mining Indaba: Africa’s accelerated energy transition should leave no-one behind

May 11, 2022May 11, 2022 admin

As the world pivots towards a green energy transition in the fight against climate change, Africa faces a generational opportunity to create new supply chains drawing upon its ‘Aladdin’s cave’- like endowment of mineral wealth, a keynote panel at the African Mining Indaba heard on Tuesday. The emerging message is that while the transition forces the creation of new industries and value chains, those enrolled in the legacy mining operations such as thermal coal should not be left behind. While it will take the formation of meaningful public-private partnerships… Read More Here

Mining in DRC Energy Petroleum

Didier Budimbu, The DRC Minister of Hydrocarbons exchanges with oil companies on the storage and supply of petroleum products

May 9, 2022May 9, 2022 arnbethnic

The Congolese Minister of Hydrocarbons, Didier Budimbu, exchanged, this Friday, May 6, 2022, with the heads of various oil companies in the Democratic Republic of Congo (DRC). During this meeting, three points were the subject of the debate between the Minister Didier Budimbu and the heads of the oil companies, namely: • the situation of stocks in the terminals with a view to evaluating the coverage of different products and the arrival program for new tankers, especially Jet A1 for which the situation is critical; • The situation of the… Read More Here

Energy International

EU Plans to Court Africa to Help Replace Russian Gas Imports

May 4, 2022May 9, 2022 admin

The European Union will seek to step up cooperation with African countries to help replace imports of Russian natural gas and reduce dependence on Moscow by almost two-thirds this year. Countries in Africa, in particular in the western part of the continent, such as Nigeria, Senegal, and Angola, offer largely untapped potential for liquified natural gas, according to a draft EU document seen by Bloomberg News. The communication on external energy engagement is set to be adopted by the European Commission later this month as part of a package to implement the bloc’s plan to cut energy reliance on Moscow. The 27-nation bloc wants to shift away from its biggest… Read More Here

Mining in DRC Energy Oil & Gas

Calls for tenders for the acquisition and exploitation of 16 oil blocks- DRC

May 3, 2022May 3, 2022 admin

The Congolese Minister of Hydrocarbons, Didier Budimbu, announces that he will proceed to calls for tenders for the exploitation of the oil blocks recovered by the Government from July 28 to 29, 2022 in Kinshasa. These operations will take place under the high patronage of the Congolese Head of State, Félix Antoine Tshisekedi, informs the communication service of the Ministry of Hydrocarbons. Through these tenders, the Government intends to get its hands on investors capable of enabling the country to increase its oil exploitation. According to the Minister of Hydrocarbons,… Read More Here

Mining in DRC Electricity Energy

DRC government called on to make country’s electrification project urgent

May 1, 2022May 1, 2022 arnbethnic

The President of the Republic Félix Tshisekedi during the 51st meeting of the Council of Ministers reminded the members of the government that the constitution of the republic enshrines the right of access to drinking water and electricity for anyone on the Congolese soil. This right is therefore constitutive of an obligation of execution for the government in spite of the ultra-priority nature of the electrification of the country. According to him, the situation in this sector is slowly changing. “This situation weighs heavily on the social life of our fellow… Read More Here

Mining in Zambia Energy

Fuel prices set to affect number of investors willing to invest in the mining sector- Zambia

April 21, 2022April 21, 2022 admin

The Emeralds and Semi-Precious Stones Mining Association of Zambia-ESMAZ have stated that due to the high cost of fuel, the mining sector is expected to attract low investment this year. The increase in fuel prices, according to Association President Victor Kalesha, will reduce the number of investors willing to invest in the mining sector because mining is a high-cost venture, and an increase in fuel prices will result in higher production costs. In an exclusive interview, Kalesha said that artisanal small-scale miners and other small-scale miners had hoped that the… Read More Here

Copper Energy Mining in Zambia

Green energy transition presents ‘unparalleled’ opportunity for Zambia

March 31, 2022March 31, 2022 admin

The green energy transition presents an “unparalleled” opportunity for Zambia, but for it to work, the mining sector needs a fair, predictable and stable regulatory framework, law firm Herbert Smith Freehills partner and Africa co-chair Peter Leon said during an address at the Chatham House Conference, in Lusaka, Zambia, on March 30. The administration of President Hakainde Hichilema has previously stated its intention to increase the country’s copper production from about 800 000 t/y to about three-million tons a year within the next decade to meet the surge in demand for materials that enable the green energy transition. Mining is currently Zambia’s dominant industry, accounting… Read More Here

Mining in DRC Energy Oil & Gas

Expo Dubai 2020: Didier Budimbu touts DRC oil reserves estimated at 22 billion barrels

March 22, 2022March 22, 2022 admin

The Minister of Hydrocarbons of the Democratic Republic of Congo, Didier Budimbu, presented investment opportunities in the Hydrocarbons sector, highlighting the country’s oil reserves estimated at 22 billion barrels. Present at the Business Forum with the employers of the United Arab Emirates at the Dubai Chamber of Commerce, the Minister of Hydrocarbons, Didier Budimbu, praised, on Monday March 21, 2022, the projects and opportunities to invest in the DRC in this promising sector. He informed investors in the United Arab Emirates that the DRC is full of enormous potential in… Read More Here

Energy Mining in Zambia

ZDA follows up on Central African Renewable Energy Corp on Fuel Project

March 22, 2022March 22, 2022 admin

Recently the Zambia Development Agency took time to tour the Central African Energy Corporation (CARE) demonstration site in Shantumbu area on a fact finding mission. The tour was meant to help the Agency understand and get firsthand information on the fuel project. So far the company has invested over US$250 000 in research and the construction of the demonstration plant which is currently able to produce 600 liters of fuel per day. The company is not only producing the much needed FUEL which is very key in propelling economic development… Read More Here

Copper Energy Mining in Zambia

First Quantum to power Zambia copper mines with wind, solar

March 22, 2022March 22, 2022 admin

First Quantum Minerals Ltd. plans to power its copper mines in Zambia through a $500 million solar and wind energy installation funded by a TotalEnergies SE-backed company and Chariot Ltd. Electricity shortages have, in the past decade, hurt mining operations in the southern African nation that relies almost completely on hydropower. The project is also a shift for Vancouver-based First Quantum that had planned on investing in a 300-megawatt coal-power project in neighboring Botswana to supply the Zambian mines. A 230-megawatt solar plant and 200-megawatt wind farm will be built… Read More Here