Mining Policy - Copperbelt Katanga Mining

Barrick Gold opens discussion with DRC Govt. on controversial 2018 mining code 1

MARK Bristow, CEO of Barrick Gold, said he expected “real change” in the regulatory and political environment of the Democratic Republic of Congo (DRC) following the formation of “a true” coalition government in the country. DRC president, Felix Tshisekedi, formed a new cabinet in April signalling that the balance of power in the central African country may have shifted. Previously, the cabinet reflected the influence of the former head of state, Joseph Kabila. “I think we will land on a proper set of legislation and allow investors to get money out… Read More Here

DRC’s New Minister of Mines Kalambayi, Promises to Benefit the Congolese Population from Mineral Wealth

May 2, 2021May 2, 2021 arnbethnic

Antoinette N’Samba Kalambayi officially took up her duties as Minister of Mines during a handover and resumption ceremony on Wednesday April 28, 2021 with Willy Kitobo. In reaction, the new boss of the mines promised to work for the Congolese population to benefit from mineral substances. “I have worked all my professional life in the Ministry of Mines. We are going to work in common agreement with all the administrative staff as well as the specialized services of the mining sector so that tomorrow we can talk about the DRC, a… Read More Here

Mining in DRC Mining Personality Mining Policy

DRC Deputy Minister of Mines,promises to work in transparency for the benefit of the Public Treasury

April 30, 2021May 2, 2021 admin

The handover and resumption between Godard Motemona and Alpha Denise Lupeto, respectfully, incoming and outgoing Deputy Ministers of Mines, took place 24 hours after the passing of the torches between the incumbent Minister Antoinette N’samba Kalambayi and Willy Kitobo, the outgoing Minister. Three highlights marked this ceremony. First, the exchanges of civility between the two personalities. Then, their speeches followed as well as the signing of minutes of delivery and resumption accompanied and the delivery of some specific documents of the Deputy Minister of Mines, in particular the certificate of the Kimberley… Read More Here

International Mining Policy

Uganda considering a new law allowing gov’t stakes in private mining companies

April 22, 2021April 22, 2021 admin

As early as this week, Uganda’s Parliament could consider a cabinet-approved draft mining law allowing the government to buy stakes in private mining companies. According to reports, the draft mining law could impose harsh penalties for violations in the sector, including prison terms of up to seven years, citing a statement by the country’s junior energy and minerals minister, Sarah Opendi. According to Opendi, the draft law allows for “state equity involvement in big, medium, and small scale mining up to a limit of 15 per cent.” Media reports said… Read More Here