Energy - Copperbelt Katanga Mining

Glencore-Merafe Chrome Venture expected to benefit from energy deregulation in South Africa 1

A new report by Roskill states that the Glencore-Merafe Chrome Venture, which runs seven chrome mines and five ferrochrome plants in South Africa, may benefit in terms of market share from the progressive deregulation of the country’s energy landscape. Roskill makes the case for Glencore-Merafe on the basis of the JV’s recent announcements related to various clean energy, self-generation and cogeneration project. The market analyst says it is important to keep in mind the context within which these announcements are taking place, which is one where the South African government is working towards… Read More Here

DRC: Development of Grand Inga, the Govt and the company Fortescue Metals Group sued

August 20, 2021August 20, 2021 admin

The Government of the Democratic Republic of Congo (DRC) as well as the company Fortescue Metals Group may soon find themselves before a judge in an Australian jurisdiction, on the basis of a complaint lodged by the head of the Youth Parliament of the DRC. The complainant accuses the Congolese Government and the company Fortescue Metals Group of being the source of several cases of human rights violations in the context of the implementation of the development of the Grand Inga project. The two sides are also accused of corruption,… Read More Here

Energy International

Barrick Joins Challenge to Decarbonize Surface Mining

August 16, 2021August 16, 2021 admin

Global miner Barrick Gold Corporation has joined an industry-wide effort to cut emissions from surface mining, called Charge on Innovation Challenge. The challenge takes the form of a global competition and seeks to leverage the experience of various industries to develop new concepts and solutions for large-scale haul truck electrification. Barrick considers electrification as a key measure to decarbonise mining. The company has copper and gold operations across Saudi Arabia, Zambia and Chile, as well as Argentina, the Dominican Republic, Papua New Guinea, Tanzania, the Democratic Republic of Congo, Mali,… Read More Here

Mining in DRC Energy New Mining Projects

Kamoa Copper Facilitates the upgrade of turbine 5 at the Inga II hydropower

August 16, 2021August 24, 2021 admin

Kamoa Copper extends existing financing agreement with DRC’s state-owned power company to facilitate the upgrade of turbine 5 at the Inga II hydropower complex. Turbine 5 to produce 162 MW of renewable hydropower, providing the Kamoa-Kakula Copper Complex and associated smelter with sustainable electricity for Phase 3 and future expansions Combined 240 MW output from the Mwadingusha and Inga II hydropower plants also will benefit local communities. KINSHASA, DEMOCRATIC REPUBLIC OF CONGO – Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng “Miles” Sun are pleased to announce that Ivanhoe Mines Energy… Read More Here

Energy Mining in Zambia

Maamba collieries completes five years of energy supply

August 6, 2021August 6, 2021 admin

This month marks five years since the commissioning of Zambia’s largest coalfired Thermal Power Plant at Maamba Collieries in Sinazongwe District, Southern Province and commencing supply of electricity to the national grid. The state-of-the-art 300 MW plant was commissioned by the Republican President H.E. Mr. Edgar Chagwa Lungu on August 7, 2016, making MCL Zambia’s largest Independent Power Producer – accounting for about 10% of the country’s installed capacity at the time. The privatisation of Maamba Collieries saw Nava Bharat Singapore along with its cosponsor ZCCM-IH and project lenders infused… Read More Here

Mining in DRC Copper Energy

Chinese company’s green mining practice wins praises from local community-DRC

July 19, 2021July 19, 2021 admin

In Kolwezi, in southern Democratic Republic of the Congo (DRC), beyond counting are drilling rigs and dump trucks coming back and forth on mine after mine. But on the outskirt of this world-class mining hub, one particular mine stands out from the others, with greenery sprawling its mining dumps where a lot of dust are always supposed to be in the air. After years of green mining practice, Chinese mining company Zijin Mining, the owner of this green mine, has won praise from the local community by constantly reducing the… Read More Here

Copper Energy Mining in DRC

Clean, green copper to be produced at Kamoa’s hydropowered DRC operation

July 16, 2021July 16, 2021 admin

Clean, green copper is said to be produced at the Kamoa Copper operation in the Democratic Republic of Congo (DRC), where the Ivanhoe Mines-Zijin operation has secured clean, renewable hydro-generated electricity. “The upgrade of the Mwadingusha hydropower plant has been very successful. The facility will provide clean hydro-generated electricity to local communities as well as to Kamoa Copper,” the company said. Securing sustainable, long-term electricity is essential in the development of Kamoa Copper, the first phase concentrator of which is now fully operational. A total of 338 000 t grading… Read More Here

Energy Infrastructural Development Mining in DRC

Fortescue Metals and Westminster Group to invest in Inga & airport infrastructure – DRC

June 21, 2021June 23, 2021 admin

These two global companies want to invest in green energy, in Inga, in particular for the Australian Fortescue Metals Group. As for Westminster Group PLC, this British company is in negotiations with RVA for a partnership in security, technology and airport infrastructure services. These two major companies respond to the call launched by the President of the Republic to foreign investors to invest in the DRC, a country committed to its economic recovery. The President of the Republic, Félix Tshisekedi, during his recent stay in eastern DRC, last week met Australian billionaire… Read More Here

Mining in DRC Energy International New Mining Projects

Congo picks Australia’s Fortescue to develop giant hydro project

June 16, 2021June 16, 2021 admin

Democratic Republic of Congo’s (DRC’s) government said on Tuesday Fortescue Metals Group would develop the Grand Inga hydroelectric power project, including a 4,800-megawatt dam that has already been committed to Chinese and Spanish developers. Australia’s Fortescue confirmed earlier on Tuesday that it was in talks with Congo to develop a series of dams that could become the world’s largest hydroelectric project, but it said no formal binding agreement had been concluded. Fortescue’s involvement is the latest twist in Congo’s decades-long quest to expand Inga, whose two existing dams – completed… Read More Here

Mining in DRC Energy

DRC: For Albert Yuma, the energy deficit and lack of a quality railway justify the inability to process Congolese minerals at the local level

June 14, 2021June 14, 2021 admin

The national president of the Federation of Enterprises of Congo (FEC), Albert Yuma suggested that the energy deficit and the lack of a quality railroad that the DRC faces is at the base of the low rate of transformation of minerals from the Congo. country at the local level. It was during an exchange, this Friday, June 11, 2021, with a representation of students from the faculties of economics of the University of Kinshasa (UNIKIN) and of the Protestant University in Congo (UPC). Responding to a question from a UNIKIN student… Read More Here