Energy - Copperbelt Katanga Mining

CEC’s sales volumes in the DRC market up 25% – Silavwe

October 10, 2020October 11, 2020 arnbethnic

Copperbelt Energy Corporation Plc (CEC) has disclosed that it has continued to grow its business in the Democratic Republic of Congo (DRC), resulting in a 25 percent sales volume boost in 2019 despite increased pressure on its margins. Reviewing the Company’s performance last year in the company’s much-delayed 2019 annual report, managing director Owen Silavwe stated that CEC’s business in the DRC market had continued to grow each year, as the Company delivers on meeting the increasing power demand of mining customers in that country. “Our business in the DRC… Read More Here

Energy International

Caledonia Mining appoints contractor to construct a solar power plant for electricity supply

October 8, 2020October 8, 2020 admin

Voltalia is an international renewable energy provider which has considerable experience in the delivery of renewable energy projects including the development, construction, operation and maintenance of solar power plants Voltalia is already active notably in Burundi, Malawi and South Africa Caledonia Mining Corporation PLC (LON:CMCL) has said that, since raising the required funds to invest in the construction of a solar power plant to supply electricity to the Blanket Mine in Zimbabwe, it has now appointed Voltalia as the contractor for the project. Voltalia is an international renewable energy provider and is… Read More Here

Energy Mining in Zambia

CEC cleared to challenge minister

October 2, 2020October 3, 2020 admin

THE Court of Appeal has given the Copperbelt Energy Corporation (CEC) a green light to challenge Minister of Energy Matthew Nkhuwa’s decision to declare its transmission and distribution lines as common carriers. However, the court has refused to grant CEC’s plea for an order of stay of execution of Mr Nkhuwa’s decision to declare the infrastructure as common carriers pending judicial review proceedings. This is in a case CEC filed an application to commence judicial review proceedings in the Court of Appeal against Government’s decision to declare its infrastructure as… Read More Here

Mining in DRC Energy

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