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DRC: Hydrocarbons Scientific Days recommend the revisiting legal framework and the creation of a structure for the management of funds for future generations 1 Mining in DRC Energy 

DRC: Hydrocarbons Scientific Days recommend the revisiting legal framework and the creation of a structure for the management of funds for future generations

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After two days of work, the scientific days of hydrocarbons ended on Friday 29 January. Organized under the theme: “the challenges of the development of the Hydrocarbons sector in the Democratic Republic of Congo”, these meetings addressed several issues relating to all links in the oil chain, namely: legal framework, economic framework, upstream oil, downstream oil company, environment, collaboration mechanisms of the Ministry of Hydrocarbons with university institutions in the sector, development strategies for the hydrocarbons sector. At the end of the discussions between participants, several recommendations emerged, in particular: The… Read More Here
CEC terminates contract with KCM- ZAMBIA 2 Energy Mining in Zambia 

CEC terminates contract with KCM- ZAMBIA

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Copperbelt Energy Corporation has issued a warning to shareholders that its power supply agreement with Konkola Copper Mines (KCM) had come to an end. According to the company, the contractual lapse removes any contractual obligations for CEC to continue supplying electricity to KCM. The  development comes after KCM had accumulated a debt of USD144.7 million in unpaid power charges and signed a term sheet with ZESCO for power supply. However, the government has issued a statutory instrument declaring CEC transmission and distribution lines as ‘Common Carrier’, enabling ZESCO to transport… Read More Here
Metso Outotec wins China pelletizing plant order 3 Energy Iron Ore 

Metso Outotec wins China pelletizing plant order

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Finnish mining equipment group Metso Outotec has secured its second order for an iron ore pelletizing plant in China in just six months. Metso Outotec was chosen by Beijing Shougang International Engineering Technology (BSIET) to build the plant in southwest China – financial details of the deal were not yet disclosed. The plant will feature Metso Outotec’s travelling grate pellet indurating furnace at its core, which has a grate area of 432 square metres. The company’s travelling grate technology uses a green balling section where, after the mixing stage, green… Read More Here
DRC: 69 containers of materials from the Katende power plant blocked in Lubumbashi for lack of disbursement of USD 798,000 for transport 4 Mining in DRC Energy 

DRC: 69 containers of materials from the Katende power plant blocked in Lubumbashi for lack of disbursement of USD 798,000 for transport

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69 of 71 containers of materials and accessories for the construction of the Katende hydroelectric power station have been blocked in SNCC warehouses in Lubumbashi since December 2015. These 69 containers, which represent 3840 tonnes of materials, are part of the batch of 71 containers of 593,293 tons with the materials intended for the construction of the hydroelectric power station of Katende in Kasaï Central.  This emerges from the mission report carried out by a team from the Kasai Central Provincial Assembly led by Vice President Mathieu Ntolo thanks to… Read More Here
China to abolish access restrictions on foreign investment in energy sector 5 Energy 

China to abolish access restrictions on foreign investment in energy sector

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China will fully lift access restrictions on foreign investment in coal, oil, gas, power generation, excluding nuclear, as well as the new energy businesses, according to a sector white paper released on Monday. Separately, a top energy official told reporters that recent power shortages in some Chinese regions are singular cases and the nation’s energy supplies including power are generally secure. Source: Mining.com Read More Here
DRC: "the financing of the Grand Inga project is in the process of being finalized with several developers and buyers" (Félix Tshisekedi) 7 Mining in DRC Energy 

DRC: “the financing of the Grand Inga project is in the process of being finalized with several developers and buyers” (Félix Tshisekedi)

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President Félix-Antoine Tshisekedi announced significant advances in financing the gigantic large Inga project. It was during his speech on the state of the nation this Monday, December 14 in front of the parliament meeting in congress. “Regarding the Grand Inga Project, funding is in the process of being finalized with several developers and off-takers (buyers). It is obvious that when these works are fully operational, the Democratic Republic of Congo will resume its role as African leader in energy for the well-being of all its populations and even of the continent ”,… Read More Here
Cactus Investments Targets Strategic Sectors in the DRC 8 Mining in DRC Energy 

Cactus Investments Targets Strategic Sectors in the DRC

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Cactus Investments Limited is a London-based investment and consultancy company focused on Africa. Trésor Chovu, CEO of Cactus Investments, spoke to Africa Oil & Power about how Cactus is helping to enhance investments in traditionally strategic sectors such as power, mining, infrastructure, oil and gas. What projects are you currently operating in the DRC? In the DRC we took advantage of the improvement of the regulation of the local content via our subsidiary, Cactus Investments SARL, to become more involved in the mining sector. In collaboration with Ocean Fuel in… Read More Here
E and I Zambia helps power up process plant for copper miner 9 Energy Copper Mining in Zambia 

E and I Zambia helps power up process plant for copper miner

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Electrical control and instrumentation specialist, E and I Zambia, says it has successfully completed a large project on a new process plant for one of Zambia’s leading copper miners. The contract included the installation of six electrical substations, 20 transformers, five 1,250 kVA diesel generators for back-up power and a 950 m overland conveyor. Almost 250 km of cable was pulled and nearly 15 km of cable racking was constructed, according to the company. Also completed were six earth mat rings, 12 mast lights and a range of general plant… Read More Here
Kafue Gorge turbines roar - Zambia 10 Energy Mining in Zambia 

Kafue Gorge turbines roar – Zambia

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THE filling of the US$2.3 billion Kafue Gorge Lower Power Station Dam in readiness for commissioning later this month will start on Sunday and will take about a week to be full. Minister of Energy Matthew Nkhuwa told Parliament that as the dam is filling, there will be increased load-shedding because generation at Kafue Gorge Upper Power Station will be restricted. Mr Nkhuwa said in a ministerial statement that during the first 24 hours of filling up the new dam, Kafue Gorge Upper Power Station’s generation will reduce to 100… Read More Here

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