International - Copperbelt Katanga Mining

B2Gold's Sustainability Director stresses Responsibility to tackle Climate impacts 1

For organizations to continue to thrive against the backdrop of climate change, they are charged with reducing their environmental footprint while ensuring operations can withstand the impact of a changing climate. This imperative inspired senior gold producer B2Gold Corp. to embark on an ambitious decarbonization pathway. “At B2Gold, we recognize that climate change is one of the most critical challenges of our time, not just for our business but for society,” says Ken Jones, director of sustainability. “We have a responsibility to do our part and manage our potential impacts as… Read More Here

International Gold

Burkina Faso’s Govrt Authorizes Sana Gold to Exploit Gold at the Zongo project.

March 15, 2023March 15, 2023 Constance

The deteriorating security situation in Burkina Faso is impacting the performance of the local mining sector, which heavily relies on gold mining. However, several regions of the country are still unaffected. In Burkina Faso, Sana Gold SARL has obtained a semi-mechanized mining license for the gold deposit at the Zongo project. This was announced by the government after the Council of Ministers meeting held on Friday, March 10th. The Zongo project is located in the Center-East region, precisely within the commune of Soudougui. It hosts a mineral resource of 117,122.6… Read More Here

International Battery Metals

US firm seeks Tanzania’s Lithium reserves

March 15, 2023March 15, 2023 Constance

Following the discovery of lithium deposits south of Mount Kilimanjaro with large enough reserves to make Tanzania a global market leader for the increasingly popular mineral, US company Titan Lithium Inc. is attempting to strengthen its position in Tanzania. This past week, the US-based company released preliminary findings from two separate soil geochemical samplings conducted in two locations that straddled the Kilimanjaro and Arusha regions, indicating high lithium grades up to 2.79 percent lithium oxide. The results were “encouraging enough,” to warrant additional investigation, the Titan Lithium Chairman Harp Sangha… Read More Here

International Energy

Ivory Coast to Reach Sustainability Goals with 50-70 MW Solar Plant

March 15, 2023March 15, 2023 Constance

The latest in a string of deals in Africa, Ivory Coast has signed an agreement with UAE-based Masdar to study the development of a 50-70 megawatt (MW) solar power facility. “Masdar and the Ivorian Ministry of Mining, Petroleum and Energy will explore the joint development of solar photovoltaic plants in Côte d’Ivoire, starting with a first 50-70-megawatt (MW) plant,” Masdar noted via a statement. Masdar aims to deliver 100 gigawatts of green energy around the world by 2030 and sees “enormous potential” for this sector in Africa, the same statement emphasized.… Read More Here

International Contracts & tenders Copper

Panama and FQM agree on details for Copper Mine contract

March 13, 2023March 13, 2023 Constance

Panama’s government and Canada’s First Quantum Minerals agreed on the final text for a contract to operate a key copper mine, according to a statement signed by both parties Wednesday, 8th March. The new contract guarantees a minimum annual income of $375 million to the Central American government, and will be effective for 20 years with the option to renew for 20 more. “With this contract, Panama expects to receive about ten times more than what it was getting” under the previous contract, the statement added. The Canadian firm’s chief… Read More Here

Copper International

Panama gives FQM go-ahead to operate Port Terminal

March 13, 2023March 13, 2023 Constance

Panama’s Maritime Authority has lifted a suspension on First Quantum Minerals’ operations at the port of Punta Rincon, which the Canadian company uses to export copper concentrate from its key Cobre Panama mine, company sources said late on Friday 10th March. Two spokespersons for Minera Panama, First Quantum’s Panama unit, told Reuters the suspension dated Jan. 26 had been ended, which was confirmed by a source at the Maritime Authority. The company, which spent weeks at loggerheads with Panama over Cobre Panama, had said that once the suspension ended, it would be… Read More Here

Copper International

US Copper scrap Exports rise as top Importers change and Domestic demand lags

March 13, 2023March 13, 2023 Constance

While domestic copper demand has remained low, US exports of copper scrap continued to grow in 2022, rising 1.54% over 2021 levels, according to US International Trade Commission data Over the course of 2022, US exports to Malaysia fell by 56.05% to 167,686 tonnes, down 93,990 tonnes from the previous year. This decrease was offset by increases in exports to China and India, which rose by 23.19% (up 60,893 tonnes) and 64.11% (up 37,034 tonnes), respectively. “I think the only thing that kept the domestic market was the export… Read More Here

Oil & Gas International

Pumangol Invests more than 12 million dollars to build New assets

March 10, 2023March 13, 2023 Constance

The Angolan company that distributes fuel and oil derivatives Pumangol, in partnership with Sonangol, will invest, in the near future, more than US$12 million in the construction of three new filling stations in Luanda and in another province to be announced in brief. The information was provided by the director of Logistics and responsible for the Aviation and Bitumen segment of the said company, Óscar Sequesseque, on the sidelines of the inauguration ceremony of the company’s 80th fueling station, located on Avenida Comandante Van-Dúnem Loy, by the Secretary of State Jânio… Read More Here

Events & Expos International

Angola present at the Mining Forum in Canada

March 10, 2023March 10, 2023 Constance

The Ministry of Mineral Resources, Oil and Gas (MIREMPET) participated in the Forum of the Association of Prospectors and Developers of Canada (PDAC), in order to attract to the sector, the largest companies in the extractive industry worldwide, in addition to those that are already operating in Angola, as well as small and medium-sized companies. According to a note to which, the meeting promoted by the International Chamber of Angola-Canada Business (CINAC), took place this week and brought together national ministerial representatives, namely from MIREMPET (DNRM, ENDIAMA and CATOCA), Ministry of… Read More Here

International Artisanal mining Coal Gold

Over 2,000 Artisanal Mining sites exist in Mozambique

March 10, 2023March 10, 2023 Constance

Over 2,160 artisanal mining sites have been identified in Mozambique as part of the Artisanal Mining Census. The results have been published by the Ministry of Mineral Resources and Energy, in coordination with the National Statistics Institute (INE). According to Thursday’s issue of the Maputo daily “Notícias”, the data show that, of the total sites, 1,577 are active with 31 per cent dedicated to gold mining. In 2021. artisanal mining involved 806,957 people, corresponding to 2.6 per cent of the country’s population. Three-quarters of the miners have this activity as… Read More Here