Mining Personality - Copperbelt Katanga Mining

DRC: Central Bank Governor wishes Felix Tshisekedi a "successful mandate" at the head of the AU 1

The governor of the Central Bank of Congo (BCC), Déogratias Mutombo Mwana Nyembo, in a congratulatory message to Félix Tshisekedi, wished him a “fruitful mandate” as President of the African Union. The boss of the BCC implores in favor of the new president of this pan-African organization “the accompaniment of Almighty God” in his new responsibilities in the best interests of Africans. Note that the Central Bank is the economic and financial adviser to the government. As a result, this institution, through its expertise, is ready to make a contribution during… Read More Here

Mining in DRC Mining Personality

The Copperbelt Katanga Mining Team Congratulates DRC president on his appointment as Chairman for the African Union

February 8, 2021February 8, 2021 admin

The Copperbelt Katanga Mining team congratulates Félix Antoine Tshisekedi Tshilombo, the President of the Democratic Republic of the Congo, on his appointment as the new Chairman of the African Union for the year 2021.President Tshisekedi takes over from Cyril Ramaphosa, the President of the Republic of South Africa, who has completed his year-long term as Chairman.The African Union is a continental union consisting of 55 member states located on the continent of Africa. The AU was announced in the Sirte Declaration in Sirte, Libya, on 9 September 1999, calling for… Read More Here

Mining in DRC Mining Personality

Ivanhoe Mines congratulates Felix Tshisekedi, President of the Democratic Republic of Congo, on his appointment as Chairperson of the African Union

February 8, 2021February 8, 2021 admin

Robert Friedland and Yufeng “Miles” Sun, Co-Chairmen of Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF), today extend their congratulations to Felix Tshisekedi, President of the Democratic Republic of Congo, on his appointment as the new Chairperson of the African Union for 2021.President Tshisekedi takes over the position from Cyril Matamela Ramaphosa, President of the Republic of South Africa, who has concluded his one-year term as Chairperson.The African Union consists of the 55 member states that make up the countries of the African Continent. The African Union spearheads Africa’s development and integration… Read More Here

Mining Personality

US likely to reverse Gertler’s sanctions reprieve

February 7, 2021February 7, 2021 admin

The Biden administration is expected to reverse an 11th-hour move by the Trump administration to temporarily ease sanctions on Israeli billionaire Dan Gertler after an uproar among lawmakers as well as government officials who were left out of the decision-making process, two people familiar with the matter said. The U.S. sanctioned Gertler and his companies in 2017 for allegedly corrupt mining and oil deals in the Democratic Republic of Congo. But in his final days in office, President Donald Trump’s Treasury secretary, Steven Mnuchin, issued a license which, while not… Read More Here

Mining in DRC Mining Personality

Group of US Senators Calls for Immediate Public Cancellation of License Granted to Dan Gertler by US Treasury

February 4, 2021February 4, 2021 admin

A group of US senators are asking Janet Yellen, the US Secretary of the Treasury to open an investigation into the reasons for which the one-year license allowing Dan Gertler to transact in dollars, was granted to him. In a letter to Janet Yellen on February 1, 2021, this group of US Senators also urges the US Treasury to immediately and publicly rescind the license granted to Dan Gertler which they believe violates the spirit and letter of the Magnitsky law. “We could not agree with this statement, and urge… Read More Here

International Mining Personality

Ex-Anglo CEO appointed to Glencore board

February 3, 2021February 3, 2021 admin

Cynthia Carroll, the former CEO of Anglo American, has been appointed to the board of diversified mining and marketing company Glencore. Carroll would join the board with immediate effect and would serve as a non executive director, the Swiss-based group announced on Tuesday. “The directors are very pleased to welcome Cynthia Carroll to our board. She has extensive knowledge of the resources industry, as well as strong nonexecutive director experience,” said chairperson Tony Hayward. Carroll has more than 30 years’ experience in the resources sector. She began her career as an… Read More Here

Mining Personality

Rio Tinto unveils new executive team

January 28, 2021January 28, 2021 admin

Rio Tinto (ASX, LON, NYSE: RIO) unveiled its new executive team on Wednesday, under a new organizational structure to rebuild trust following an international outcry over the miner’s destruction of sacred Aboriginal rock shelters. Rio Tinto’s chief executive Jakob Stausholm – who assumed the role this month, replacing Jean-Sébastien Jacques after the destruction of sacred Aboriginal caves, has appointed a permanent chief executive of the iron ore business, created a chief operating officer (COO) role, and added a chief executive, Australia to his leadership team. Simon Trott, currently chief commercial officer, will become iron ore chief… Read More Here

Mining Personality

Trump eased sanctions on mining tycoon Dan Gertler before leaving

January 25, 2021January 25, 2021 admin

Former US president Donald Trump quietly eased sanctions on Israeli billionaire Dan Gertler, related to alleged corruption and abusive mining practices in the Democratic Republic of Congo, just five days before leaving the White House. The order, issued on Jan. 15, followed an appeal by lobbyists working for Gertler, including lawyer Alan Dershowitz, who helped represent Trump during his first impeachment, The New York Times reported. Washington sanctioned Gertler in 2017 under the Global Magnitsky Human Rights Accountability Act, which froze any US assets he held and banned him from dealing in US dollars or with any… Read More Here

Mining in DRC Mining Personality

DRC: “the Congo is not for sale” warns the the public against Gertlers YABISO project

January 15, 2021January 16, 2021 admin

During its exchange of vows ceremony held this Thursday, January 14, the campaign “Congo is not for sale” (CNPAV), dwelled on the YABISO project, initiated by the Israeli businessman Dan Gertler. For this NGO synergy, Gertler’s project is the work of financial embezzlement. “We are alerting the general public to know that Dan Gertler is under American sanctions, which is why his transactions for the YABISO project will be done in euros. A sign that he cannot use US dollars, ”said CNPAV member Jimmy Kande. Therefore, the CNPAV calls on the competent… Read More Here

Mining Personality

How the appointment of four mining CEOs can be used to frame the sector’s 2021 outlook

January 7, 2021January 7, 2021 admin

THE performance of three of Johannesburg’s largest mining shares by value in 2021 will have much to do with a new generation of CEOs, one of which has already been named. A permanent change of management is imminent for two of bourse’s largest gold companies, AngloGold Ashanti and Gold Fields, whilst at Glencore, the global diversified miner, Gary Nagle is to replace CEO, Ivan Glasenberg. A fourth firm, Rio Tinto, replaced its CEO Jean-Sébastien Jacques with Jakob Stausholm. Although not listed in Johannesburg, its direction of travel will be illustrative of industry-wide problems… Read More Here