Energy - Copperbelt Katanga Mining

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

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

Energy Mining in DRC

Hydro project set to boost green credentials of giant DRC copper complex

October 8, 2021October 8, 2021 admin

While Kamoa Copper, in the Democratic Republic of Congo (DRC), is on track to become the second-largest copper mining complex globally, and the biggest in Africa, it is also poised to be among the greenest of copper mines. This is largely on the back of the project being completely powered by hydroelectricity, and the intention to implement a switchover to electric mining vehicles, Kamoa Copper CEO Mark Farren tells Engineering News & Mining Weekly. Kamoa Copper, in the Kolwezi copper district of the DRC’s Lualaba province, is a joint venture between Ivanhoe (39.6%), Zijin… Read More Here

Mining in DRC Electricity Energy

CORAP calls on F.Tshisekedi to favor decentralized solutions for Congolese access to electricity before considering the “Grand Inga” project

October 7, 2021October 7, 2021 admin

The Coalition of Civil Society Organizations for the Monitoring of Reforms and Public Actions “CORAP”, in a press release, wonders whether Fortescue Métal Groupe (FMG), through the subsidiary Fortescue Future Industrie (FFI ) really brings a new paradigm in the Grand Inga project to the advantage of the country and its population, or only aspires to grab the greater part of the DRC’s energy resources? Recalling that during the 5th FEC Energy Conference held from September 16 to 18, 2021, the Councilors of the Presidency of the Republic brought as… Read More Here

Copper Cobalt Energy Mining in DRC

China’s CMOC eyes solar and hydro for Congo copper/cobalt expansion

October 5, 2021October 5, 2021 admin

China Molybdenum Co (CMOC) is looking to tap more hydropower projects and potentially use solar energy as it expands its production of copper and cobalt in Democratic Republic of Congo, its vice-chairperson said. Steele Li, who is also chief investment officer at CMOC , said the company was committed to hydropower through the supply arrangement it inherited when it bought a majority stake in the giant Tenke Fungurume mine in Congo in 2016. “We continue that commitment but in the meantime we are exploring to participate in other new hydropower… Read More Here

Energy

South Africa mines plan $2.7 billion investment in power generation

September 24, 2021September 24, 2021 admin

Mining companies in South Africa are considering spending as much as 40 billion rand ($2.7 billion) to construct 2,000 megawatts of power generation capacity, said Roger Baxter, chief executive officer of Minerals Council South Africa. Mining companies have been pushing to develop their own power plants because of persistent power cuts imposed by state power utility Eskom Holdings SOC Ltd. They are also keen to move away from total reliance on the mainly coal-fired power supplied by Eskom as their investors pay more attention to climate issues. Those plans have… Read More Here