Mining Policy - Copperbelt Katanga Mining

Kinsevere – Arbitration Procedure Update (News Release)

October 23, 2022October 24, 2022 arnbethnic

MMG Limited has initiated arbitration proceedings against La Générale des Carrières et des Mines S.A. (GECAMINES) in front of the International Chamber of Commerce (ICC). The company announced its submission to ICC on Friday, October 21, 2022. The action follows previous updates concerning incidents on its Sokoroshe Il and Nambulwa mining concessions in the Democratic Republic of the Congo (DRC): MMG holds existing mining contracts with Gécamines, both for Sokoroshe II and Nambulwa, registered with the official mining register. Sokoroshe II and Nambulwa were occupied by the armed forces and… Read More Here

Mining in DRC Mining Policy

Kamoa Copper SA Advocates for Transportation Diversification

October 23, 2022October 23, 2022 Johannsen

The mining company Kamoa Copper SA operating in the province of Lualaba took part in the forum on the evaluation of the revised mining code of 2018 organized by the chamber of mines of the federation of companies of Congo (FEC) which was held in Kinshasa for 3 days, from Wednesday 18 to Thursday 20 October 2022.At the end of the last day of these meetings, Ben Munanga, Chairman of the Board of Directors of Kamoa, confided to MINES.CD a certain number of difficulties encountered by miners in the DRC.… Read More Here

Mining in DRC Governance Mining Policy

Mining Code Review Forum: FEC Chamber of Mines recommends removal of redundant taxes

October 23, 2022October 23, 2022 arnbethnic

The Chamber of Mines of the Federation of Enterprises of Congo (FEC) closed, on Thursday, October 20, 2022, in Kinshasa, a mining forum focused on the theme: “Mining activity in the DRC and its challenges: evaluation of the revised Mining Code of 2018”. At the end of this meeting, several recommendations were made by the four commissions set up for this purpose. These are the Mining Law Commission; the Energy, Transport and Logistics Commission; and the Taxation and Customs Commission. First: Mining Law Commission At this level, six problems have been identified: –… Read More Here

Mining in Zambia Mining Policy

We have reviewed the Zambian mining sector regime – HH

October 18, 2022October 18, 2022 Copperbelt Katanga News

We have reviewed the mining sector regime in order to encourage more investment and increase the participation of Zambians in the mineral value chain. We are in the process of re-opening the Mining Cadastre Department and floating bids for the blocked mining rights to companies which are wholly or partly owned by Zambians. Furthermore, we will restrict to only five, the number of mining rights any entity or company can own. This will ensure that international companies wishing to acquire mining rights, partner with Zambians or companies owned by Zambians.… Read More Here

Mining in Zambia Economy Mining Policy

Zambian Government will not forgo mining-generated revenues again

October 17, 2022October 17, 2022 arnbethnic

Government set out its plan to revive Zambia’s economy during last week’s Public Symposium on the 2023 National Budget, held on Monday 3 October 2022. Mining For Zambia shares the key takeaways. Having secured an IMF-supported program in September 2022 to assist with managing the country’s debt, growth is now at the top of Government’s agenda. Minister of Finance and National Planning, Hon. Dr. Situmbeko Musokotwane, said: “A Budget can be – and is – an instrument for economic growth. Growth is what is going to take us out of this poverty and generate money… Read More Here

Mining in Zambia Governance Mining Policy

Zambia restricts number of mining licences per company to five

October 17, 2022October 18, 2022 admin

Zambia, Africa’s second-largest copper producer, said on Monday the number of mining licences that a company can hold at a time will be restricted to five to curb speculative purchases within the country’s licensing system. The ministry of mines in February suspended the issuance of mining licences and commissioned an audit in response to public complaints about a lack of transparency. “Every miner will be restricted to five licences and those that need more will have to justify it,” Zambia’s mines minister Paul Kabuswe said during a briefing on mining… Read More Here

Mining Policy Mining in DRC

The five recommendations of the Civil Society of Ituri and Haut-Uélé against illegal mining in the DRC

September 11, 2022September 11, 2022 arnbethnic

The Coalition of Civil Society Organizations of Haut-Uélé and Ituri for the Governance of Natural Resources recently published its latest report on mining in these two provinces. According to the report, more than 3/4 of gold mining sites are controlled by armed groups and millions of US dollars escape the Treasury. According to the report, allowing these armed groups to operate and mine gold would constitute a sign of sabotage of state authority. To this end, the EITI-DRC Executive Committee calls on the authorities to take more responsibility to put… Read More Here

Mining in DRC Governance Mining Policy

Mining in the DRC at the center of a training workshop for heads of provincial divisions of mines and geology

September 4, 2022September 4, 2022 arnbethnic

The heads of the country’s provincial mining and geology divisions are in Kinshasa for a workshop from August 31 to September 2 on capacity building. This meeting, which focuses on mining in the country, has as its theme “Achieving the same level of perception and use of work tools in the mining sector”, both industrial and artisanal, in the light of the new Mining Code and its enforcement measures. “The Provincial Divisions representing the basic structure for the actions of the Ministry in the hinterland, it pleased the authority of the… Read More Here