DR Congo announces formation of new government 1 Mining in DRC Mining Personality 

DR Congo announces formation of new government

Democratic Republic of Congo’s Prime Minister has announced a new cabinet, completing a government overhaul by President Felix Tshisekedi that strengthens his hold on power. The new government is a further blow to Tshisekedi’s predecessor and former coalition partner, Joseph Kabila, who stepped down in January 2019 but maintained control of key ministries, the legislature, judiciary and security services. The president had in February named the head of state-owned mining giant Gecamines, Jean-Michel Sama Lukonde, as prime minister to succeed Sylvestre Ilunga Ilunkamba, who was forced out after a coalition… Read More Here
Kamoa Copper Appoints Ben Munanga as Chairman of the Board 2 Mining in DRC Mining Personality 

Kamoa Copper Appoints Ben Munanga as Chairman of the Board

Kamoa Copper Appoints Ben Munanga as Chairman of the Board Ahead of First Production at the Tier-One Kamoa-Kakula Copper Mine in The DRC Olivier Binyingo, Ivanhoe Mines’ Vice President Public Affairs DRC, also appointed to Kamoa Copper’s Board Louis Watum appointed General Manager of the Kipushi zinc-copper-silver project; also serves as President of the Chamber of Mines at the Federation of Enterprises of Congo Kolwezi, Democratic Republic of Congo–(Newsfile Corp. – April 8, 2021) – Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng “Miles” Sun are pleased to announce… Read More Here
DRC: Sama Lukonde and UNIDO Director discuss possibilities of creating industries for local processing of natural resources 3 Mining in DRC Mining Personality 

DRC: Sama Lukonde and UNIDO Director discuss possibilities of creating industries for local processing of natural resources

The Regional Director of the United Nations Industrial Development Organization (UNIDO) in Central and West Africa, Jean Bakole was received Thursday April 01, 2021 by Prime Minister Sama Lukonde Kyenge. At the end of the hearing, Jean Bakole said that this meeting with the Prime Minister made it possible to analyze the possibilities of creating industries for the local transformation of natural resources in the Democratic Republic of the Congo. “We discussed the appropriate strategies to engage the country in the local transformation of natural resources and the diversification of… Read More Here
Glencore shakes up management with three top traders to exit 4 Mining Personality 

Glencore shakes up management with three top traders to exit

Glencore Plc is shaking up its top management, with three of its most senior traders set to depart — the latest step in a wider changing of the guard at the world’s largest commodity trader. Tor Peterson, the head of coal trading, Kenny Ives, head of nickel trading, and Nico Paraskevas, head of copper trading, will all leave “in the coming months,” according to an internal memo from Chief Executive Officer Ivan Glasenberg. Ives and Paraskevas — both in their mid-40s — had been seen as potential candidates for the… Read More Here
Rio Tinto chairman to step down in 2022 5 Mining Personality 

Rio Tinto chairman to step down in 2022

Rio Tinto chairman Simon Thompson has signalled he will step down from his role due to the destruction of the Juukan Gorge rock shelters in Western Australia. Thompson said he is accountable for what led to the destruction of Juukan Gorge, as the company looks to repair its trust with Traditional Owners. “I am proud of Rio Tinto’s achievements in 2020, including our outstanding response to the COVID-19 pandemic, a second successive fatality-free year, significant progress with our climate change strategy, and strong shareholder return,” he said. “However, these successes… Read More Here
GoviEx Uranium appoints new directors 6 Mining in Zambia Mining Personality 

GoviEx Uranium appoints new directors

Two new board of directors have been appointed at GoviEx Uranium, the company works towards developing its uranium prospect. The new directors are Salma Seetaroo and Eric Krafft to fill the vacancies for Matthew Lechtzier and Robert Hanson who have retired from the company’s board. As we now look forward to a strengthened uranium market and the potential development of our uranium projects, we are very pleased to have Salma and Eric, who have been long acquainted with the Company, join our Board to complement the existing GoviEx team, bringing… Read More Here
Yves Kabongo Joins Tantalex Resources Board of Directors 7 Mining in DRC Mining Personality 

Yves Kabongo Joins Tantalex Resources Board of Directors

TANTALEX Resources Corporation (CSE:TTX) – (CNSX:TTX.CN) – (FSE:1T0) (“TANTALEX” or the “Corporation”), is pleased to announce the appointment of Mr. Yves Kabongo to its Board of Directors. Mr. Kabongo will also take on the role of Special Advisor, DRC Government Liaison Affairs. Mr. KABONGO is a Congolese native with strong experience in directorship and management of Canadian, International and Congolese public companies. He previously lived in Canada for 12 years where he studied Mathematics for Commerce at York University in Toronto. In 2015, he returned to DRC where he co-founded Belair African Metals Sarl,… Read More Here
Departing Glencore chief reinstates $1.6bn dividend despite $1.9bn loss 8 Mining Personality 

Departing Glencore chief reinstates $1.6bn dividend despite $1.9bn loss

Mining veteran Ivan Glasenberg delivered his final financial results as chief executive of Glencore by reinstating a dividend of $1.6bn (£1.15bn) for shareholders, despite reporting a net loss of $1.9bn for last year. Glasenberg will step down after 20 years as boss of the mining firm this June after a difficult 2020 in which Glencore was forced to scrap its $2.1bn dividend in August and write down the value of its assets by $5.9bn. He is now to reinstate the dividend after a strong rise in commodity prices in the second half of 2020,… Read More Here
DRC President Felix Tshisekedi appoints Sama Lukonde Kyenge as PM 9 Mining in DRC Mining Personality 

DRC President Felix Tshisekedi appoints Sama Lukonde Kyenge as PM

The appointment on Monday of Sama Lukonde Kyenge, the director general of Gecamines and ally of the president, should help Tshisekedi install a more loyal cabinet to push through his agenda. Former Prime Minister Sylvestre Ilunga Ilunkamba, a close confidant of Kabila, resigned from the post on January 28 following a vote of no confidence in the country’s parliament. It came amid an intensifying power struggle that saw Tshisekedi announcing in December he wanted to break free of a power-sharing deal with Kabila he had entered in the aftermath of a widely… Read More Here
DRC: Senegalese Hip Hop Star Akon Signs Mining Deal 10 Mining in DRC Mining Personality 

DRC: Senegalese Hip Hop Star Akon Signs Mining Deal

Akon Goes into the Mining Sector in the DRC Hip hop artist Akon has launched yet another business endeavour on the African continent. This time the impressive undertaking is in the mining industry in the Democratic Republic of Congo as he has signed a deal to finance a copper and cobalt mine in the central African country in a joint venture with a state miner. The Senegalese star is delving into the sector by way of the firm White Waterfall LLC which is registered in the United States and sees… Read More Here

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