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Category: Mining Policy

ARSP Takes Action, Eliminates 1,200 Companies from Kinshasa's Subcontracting Market 1 Mining in DRC Environment Social Governance (ESG) Mining Policy 

ARSP Takes Action, Eliminates 1,200 Companies from Kinshasa’s Subcontracting Market

Constance
After the results of the control carried out in the subcontracting sector in Kinshasa, the Regulatory Authority for Subcontracting in the Private Sector (ARSP) published the list of 1,200 subcontracting companies now banned from operating.  These are considered irregular at a time when the Congolese state loses around 8 billion US dollars each year. “We launched judicial police officers on the ground and at the end of the control, we deregistered 1,200 subcontracting companies which were not eligible for the subcontracting market.  These were companies that worked illegally and most… Read More Here
Vedanta's Commitment to Engineering Standards Encouraged at KCM 2 Mining in Zambia Copper Mining Policy 

Vedanta’s Commitment to Engineering Standards Encouraged at KCM

Constance
The Engineering Institution of Zambia (EIZ) is optimistic that Vedanta Resources Limited will uphold the engineering standards established by the institution and adhere to ethical codes of conduct in all their engineering projects at Konkola Copper Mines (KCM). Ntalasha Mutale, EIZ Public Relations Manager, emphasizes that the institution will ensure Vedanta fulfills its obligations while maintaining ethical and professional conduct in its engineering endeavors, ensuring that the works delivered meet acceptable standards for the benefit of the Zambian people. Mutale further highlights the existence of engineering standards and a code… Read More Here
DRC Cancels Mining rights for 29 Companies 3 Mining in DRC Battery Metals Copper Mining Policy 

DRC Cancels Mining rights for 29 Companies

Constance
On the date of the issuance of the decree, July 31st, by Michel Kibonge Nyekuma, the Chief of Staff of the Minister of Mines, several of these companies had not yet signed their memorandum of understanding. Twenty-nine mining companies, including Cico, Cilu, Congolaise de Mines et du Développement (Comide), Boss Mining, Ruashi Mining, PPC Barnet, and Chemaf, owned by Congolese, German, Kazakh, Chinese, Indian, South African, and Australian groups, have had their mining rights canceled by the government of the Democratic Republic of Congo (DRC). As of the date of… Read More Here
Mali's New Mining Code reinforces State participation 4 International Gold Mining Policy 

Mali’s New Mining Code reinforces State participation

Constance
Mali’s interim President, Assimi Goita, has promulgated a new Mining Code that will allow the military-led government to increase ownership or shareholder control of gold concessions and recover what it declares to be a large shortfall in production revenues. The new code, signed on state television on Monday night, will allow state and local investors to take up to 35 percent stakes in mining projects, up from 20 percent today, and could more than double the contribution of the sector to the Gross Domestic Product, to around 20 percent, indicated… Read More Here
ZEMA Cancels Mwembeshi Resources' Decision Letter for Lower Zambezi Mining 5 Mining in Zambia Environment Social Governance (ESG) Mining Policy 

ZEMA Cancels Mwembeshi Resources’ Decision Letter for Lower Zambezi Mining

Constance
The Zambia Environmental Management Agency (ZEMA) has taken a significant step by issuing a Notice of Cancellation of Decision Letter to Mwembeshi Resources Limited, regarding their large-scale mining operations in the Lower Zambezi National Park under Licence No. 15547-H9-LML in Luangwa District. In an announcement that reverberated through environmental and mining circles, ZEMA informed that the decision letter, numbered ZEMA/EIA/EIS/726, had been canceled due to the failure of Mwembeshi Resources Limited to address observed breaches to the conditions stipulated within the original Decision Letter. This move comes after a series… Read More Here
DRC MP Alfred Maisha Raises Concerns Over Primera Gold Deal 6 Mining in DRC Cobalt Gold Mining Policy 

DRC MP Alfred Maisha Raises Concerns Over Primera Gold Deal

Constance
The exorbitant advantages granted by the Democratic Republic of Congo’s government to “Primera,” a United Arab Emirates mining company, continue to stir reactions within the Congolese socio-political sphere nearly a year after the agreement’s signing. In response, National Deputy Alfred Maisha has submitted a written inquiry to the National Assembly, addressing three government members: Adèle Kayinda, Minister of State for the Portfolio; Antoinette N’Samba, Minister of Mines; and Nicolas Kazadi, Minister of Finance. Maisha, representing Bukavu, finds the advantages and monopoly granted to Primera unacceptable, as they undermine Congolese companies’… Read More Here
DRC: ARSP Transfers Chinese Executives Linked to Fraud at TFM and KISANFU 7 Mining in DRC Environment Social Governance (ESG) Mining Policy 

DRC: ARSP Transfers Chinese Executives Linked to Fraud at TFM and KISANFU

Constance
A clear case of fraud has been uncovered by the senior management of the Authority for Regulation of Private Sector Subcontracting (ARSP) in the Democratic Republic of Congo (DRC). The Chinese executives of the company CCECAS are accused of using their driver as a nominee shareholder to disguise their operations under a partnership agreement signed with Tenke Fungurume Mining (TFM) and Kisanfu, both subsidiaries of the CMOC Group. Following investigations carried out by the Judicial Police Officers of the ARSP and subsequent working sessions chaired by the Director General, Miguel… Read More Here
Miguel Kashal assures Lualaba of ARSP's collaboration with all local services 8 Mining in DRC Governance Mining Policy 

Miguel Kashal assures Lualaba of ARSP’s collaboration with all local services

arnbethnic
The Authority for Regulation of Subcontracting in the Private Sector (ARSP) is preparing to conduct an inspection in the Lualaba province. In anticipation of this imminent inspection to ensure compliance with subcontracting rules in all sectors of the economy in this province, the Director General of ARSP, Miguel Kashal Katemb, reassures the provincial government of Lualaba about the excellent collaborative relationships between the provincial branch of this public institution and the provincial services. He stated this after a meeting with the Provincial Commissioner in charge of Small and Medium Enterprises,… Read More Here
Kibali Gold Mines is among the best students who respect the DRC's law on subcontracting- Louis Watum 9 Mining in DRC Gold Mining Policy 

Kibali Gold Mines is among the best students who respect the DRC’s law on subcontracting- Louis Watum

arnbethnic
The issue of subcontracting was at the heart of a special session during the opening ceremony of the 18th edition of DRC Mining Week, on Wednesday June 14, 2023, in Lubumbashi. Keynote speaker for this session, Louis Watum, President of the Chamber of Mines of the Federation of Companies of Congo, cited Kibali Gold Mines among the best students who apply subcontracting in the Democratic Republic of Congo (DRC). Indeed, this mining company has been able to create wealth by promoting the emergence of a real middle class in the… Read More Here
DRC Minister of Finance questioned on "blocking" of the disbursement of credits allocated to the revival of MIBA  10 Mining in DRC Diamond Mining Policy 

DRC Minister of Finance questioned on “blocking” of the disbursement of credits allocated to the revival of MIBA 

arnbethnic
Deputy Éric Ngalula Ilunga tabled, this Monday, May 29 at the office of the National Assembly, an oral question with debate addressed to Nicolas Kazadi, Minister of Finance on the “blocking” of the disbursement of credits allocated in the 2021 finance laws , 2022 and 2023 for the revival of the activities of the Minière de Bakwanga (MIBA). For this elected official, the revival of this company was also a campaign promise of the candidate President Félix Tshisekedi. It is inconceivable that the UDPS in power, this company is still languishing,… Read More Here

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