Energy - Copperbelt Katanga Mining

POWER DESIGN & DELIVERY: Ivanhoe – Kamoa-Kakula in the DRC

March 1, 2021March 1, 2021 admin

One of the most ambitious mining projects in Africa is the Kamoa Kakula copper project near Kolwezi in the southern DRC. It could eventually develop into the second biggest copper mining complex in the world, second only to Escondida in Chile. The first mine of the project, Kakula, a 6 Mtpa underground operation, is well into the construction phase and the developers, Ivanhoe Mines and its joint venture partners, are predicting first production in Q3, 2021. Ivanhoe has stated that its goal is to become the world’s ‘greenest’ copper miner… Read More Here

Mining in DRC Energy

Can Tshisekedi really revive DRC’s Grand Inga Dam vision?

February 19, 2021February 19, 2021 admin

Will Democratic Republic of the Congo (DRC) president Félix Tshisekedi at last turn the Grand Inga Dam mirage into the Grand Inga Dam barrage? The dream of harnessing the mighty Congo downstream of Kinshasa to eventually generate up to 50,000 MW of electricity has been dangled before the largely unelectrified Congolese and the outside world for decades. Tshisekedi, who took office two years ago, has made Inga a priority, at least rhetorically – not only for the DRC but for Africa. He told parliament on 14 December the 11 GW Inga 3… Read More Here

Energy International

EV metals index beats record by 54% as electric cars reach tipping point

February 11, 2021February 11, 2021 admin

The global vehicle market in 2020 had its worst year in decades. European sales were the lowest since 1985, 15% fewer cars left US showrooms and while the decline in China was in single digits, it was the third down year in a row for the world’s largest car market. But 2020 turned out to be a breakthrough year for electric cars, particularly in the two largest markets. EU sales doubled to 1.3 million with penetration reaching a stunning 19% during the final quarter, just eclipsing sales figures in China for… Read More Here

Energy

Mining Platform applauds Power projects making a difference Africa

February 9, 2021February 9, 2021 admin

According to the latest edition of Mining Elites in Africa, mines on the continent are beginning to adopt hybrid power plants. The power projects at two gold mines in Mali and at Ivanhoe’s Kamoa-Kakula copper production in the DRC were chosen in the annual publication as stand-out examples of making a real difference in the sector, and in particular of how mining companies are increasingly developing their own, greener sources of much-needed electricity. Mining Elites in Africa 2021 was launched recently by Mining Review Africa. “This year we chose to focus on mining… Read More Here

Energy

Decarbonisation will need more, better mining

February 9, 2021February 9, 2021 admin

The World Bank (WB) estimates, for instance, that production of minerals like graphite, lithium and cobalt could grow by 500 percent in the next three decades to meet demand for clean energy technologies. This comes on the backdrop that mining remains a vital part of a low-carbon future, a fact that was confirmed by the topics prioritised at the recent Investing in African Mining Indaba’s virtual conference this week. “The message was clear: mining is part of the solution as the planet addresses climate change through a range of renewable… Read More Here

Energy International

Aggreko to make big investments to back miners’ clean energy transition

February 4, 2021February 4, 2021 admin

Aggreko (LSE: AGK), a supplier of mobile, modular power generation equipment, announced that it is partnering with some big names in the mining industry to reach net-zero emissions by 2050. In a press release, the Scottish company said it has vowed to invest between $342 million and $470 million per year to support its energy transition, including big spends in bringing solar, wind, and natural gas to mine sites. “Power generation for our customers has become more complex, and Aggreko has a responsibility to create power that is healthier for the… Read More Here

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

February 4, 2021February 4, 2021 admin

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

Energy Mining in Zambia

CEC terminates contract with KCM- ZAMBIA

February 1, 2021February 1, 2021 admin

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

Energy Iron Ore

Metso Outotec wins China pelletizing plant order

January 29, 2021January 29, 2021 admin

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

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

December 29, 2020December 29, 2020 admin

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