Energy - Copperbelt Katanga Mining

Hydropower becoming increasingly viable for miners in DRC

October 1, 2020October 1, 2020 admin

Mining companies are increasingly considering hydropower as a power source for their mines in the Democratic Republic of Congo (DRC). Hydropower, whether pumped storage or run-of-river, is a low-cost, clean form of energy in areas with rivers or dams. The DRC has abundant water resources and is ideally placed to support the development of both small- and large-scale hydropower schemes. The Grand Inga dam is a series of seven proposed hydroelectric power stations at the site of the country’s Inga Falls, which is one of the largest waterfalls in the world. If built as planned, the 40 GW project will be the largest power station in the world. Hydropower has already… Read More Here

Energy

Energy transition to have transformative effect

September 18, 2020September 18, 2020 admin

Climate change and Environmental Social Governance (ESG) will transform the energy industry risk landscape, according to Willis Towers Watson at the launch of its annual Mining Risk Review. This transformation is taking place against the backdrop of the impact of both the COVID-19 pandemic and a rapidly hardening global insurance marketplace. ESG forms the key theme of the report, highlighting that the transition to a low carbon economy requires a fundamental reappraisal of mining company climate risk; the Review shows that achieving a satisfactory ESG rating will be critical in… Read More Here

Energy Electricity

Power cuts weigh on miners’ investment decisions in South Africa

September 9, 2020September 9, 2020 admin

Increasing disruptions to power supply from South Africa’s struggling utility Eskom could hit mining companies plans to invest, two top industry executives warned on Wednesday. “I think the impact of Eskom is far more pronounced than the impact of COVID, although COVID is getting all the attention,” Nico Muller, Chief Executive of Impala Platinum (Implats) said during a platinum group metals (PGM) conference He said power supply from Eskom would have a “material bearing” on future decisions on growth. Eskom, which generates the majority of South Africa’s power, has for years struggled… Read More Here

Mining in DRC Electricity Energy

Production process and marketing of electricity from natural gas by Perenco is accelerating | DRC

September 7, 2020September 8, 2020 admin

The Democratic Republic of Congo( DRC) government had on Friday approved the Perenco project which is set to start producing electricity from gas produced by oil exploitation. As a reminder, Perenco wishes to launch into the production of electricity from gas obtained from oil exploitation. Sylvestre Ilunga Ilunkamba had on Thursday September received 3 members of the ad hoc committee set up for the project. This project was presented by the Minister of State, Minister of Hydrocarbons to the Council of Ministers where Félix Tshisekedi had instructed the Head of… Read More Here

Hydro power plant Electricity Energy Mining in DRC

Minister Eustache Muhanzi on a mission to assess the Busanga dam in Lualaba | DRC

September 6, 2020September 6, 2020 arnbethnic

The Minister of Hydraulic Resources and Electricity, Eustache Muhanzi Mubenmbe, carries out, from September 1 to September 7, 2020, an official mission in the provinces of Haut-Katanga and Lualaba to assess the construction works of the hydroelectric dam of Busanga but also the progress of rehabilitation works at the Koni and Sombwe power plants. At the Busanga stage, the Minister of Hydraulic Resources was accompanied by the governor of Lualaba, Richard Muyej, as well as a strong delegation from the National Electricity Company (SNEL). ” We are very happy. We… Read More Here

Mining in Zambia Electricity Energy

CEC welcomes dismissal of Joint ZESCO/KCM Interim Injunction

August 30, 2020August 30, 2020 arnbethnic

The Copperbelt Energy Corporation Plc (CEC) welcomes the discharge by the Lusaka High Court of the interim injunction that had been granted on 3 June 2020 to ZESCO Limited (ZECSO) and Konkola Copper Mines Plc (KCM) against CEC following a joint ex parte application by the two parties. ZESCO and KCM applied to the court to restrain CEC from “interfering” in a power supply arrangement between them by restricting power to KCM following the expiry of the power supply agreement between CEC and KCM. KCM then contracted to be supplied… Read More Here

Energy Electricity Mining in DRC

A project for the electrification of the city of Kananga by solar energy announced | DRC

August 29, 2020August 29, 2020 arnbethnic

The national deputy Jean Pierre Kayembe, arrived this Friday 28/8/2020 as part of his parliamentary recess in Kananga, announced the electrification of the city of Kananga, news that all the inhabitants of the capital of Kasai Central are waiting for for ages. “a few months ago, the office of the national assembly had written to all the caucuses of national deputies to announce to them the provision of the ministry of the plan of a fund by a chinese firm. It was question that each caucus presents a bankable project… Read More Here

Electricity Energy Mining in DRC

German investors to relaunch Inga III in the DRC

August 23, 2020August 23, 2020 arnbethnic

Germany and the European Union could financially support the Inga III dam project, the completion of which has been blocked for years. A delegation of German investors is visiting Kinshasa these days. On the program: railway and energy operations in the Democratic Republic of Congo. The Inga III dam project is at the center of interest since it could be the subject of European funding in order to ensure access to an energy source that respects the environment. The delegation led by Gernot Wagner, German businessman and honorary consul of… Read More Here

Energy Electricity Mining in DRC

Elsewedy Electric to invest USD 38.8 million, building a high voltage substation in Kasumbalesa | DRC

August 16, 2020August 16, 2020 arnbethnic

Egyptian electricity giant Elsewedy Electric will build a 220-15 / 6.6 kV substation in Kasumbalesa city, Haut-Katanga province, for an investment cost of USD 38.8 million, reports Agence Ecofin which delivered this information. The construction of this infrastructure will last 18 months and is intended to improve the country’s trade with its neighbors in southern Africa, mainly Zambia, while promoting the economic development of the city and its surroundings. This project results from a contract signed between Elsewedy Electric and the National Electricity Company (SNEL). Its completion will allow better… Read More Here

Energy Electricity Hydro power plant Mining in DRC

A merger of Chinese and Spanish consortia involved in the development of the Inga 3 Project

August 15, 2020August 16, 2020 arnbethnic

The Chinese and Spanish consortia involved in the development of the Inga 3 project, the first of the six phases of the Grand Inga, signed on August 7 in Kinshasa a merger agreement as part of the construction of this vast hydroelectric dam in the Democratic Republic of the Congo. , according to a tweet posted by Patrick Kabuya, communications officer for ADPI (Grand Inga Project Development Agency). “A giant leap for Inga 3: the Chinese & Spanish consortia have just merged, in accordance with the exclusive development agreement signed… Read More Here