Mining Policy - Copperbelt Katanga Mining

DRC: Ventora Development denounces a smear campaign against Dan Gertler

November 9, 2021November 9, 2021 admin

In an official press release received by DESKECO, the Ventora Development company denounces the harmful action of “well-known individuals with dubious motives” who are at the origin of the demonization campaign of which she is the victim as much as Dan Gertler who is presented as scapegoat and their business. Ventora development clearly maintains that it reserves the right to bring them to justice at the appropriate time and place for damaging accusations and slanderous denunciations. In addition, the Ventora development group says it has taken note of the complicit… Read More Here

Governance Mining in DRC Mining Policy

MP Jean-Marie Bulambo warns against non-compliance with the governor’s measures suspending mining in Mwenga, DRC

October 31, 2021October 31, 2021 arnbethnic

National deputy Jean-Marie Bulambo Kilosho describes the failure to respect Governor Théo Ngwabidje Kasi’s measure banning mining in Mwenga. In an address to the press, he notes that, despite this decree, activities have resumed normally and with consequences for the activities of the peasants. “You pretended to stop to say good we are stopping these operations. These people are still exploiting with the same custodians. We are keeping an eye on you, ”said MP Bulambo Kilosho, addressing the governor. Unfounded allegations according to the provincial government of South Kivu. In an address to the… Read More Here

Mining in DRC Mining Policy

Sino-Congolese cooperation: “China became the DRC’s biggest trading partner & main source of investment, many years ago” (Ambassador ZHU Jing)

October 22, 2021October 22, 2021 admin

The Research and Development Center of the Geological Survey of the People’s Republic of China began, this Thursday, October 21, its online seminar on the development and management of mineral resources in the DRC. This seminar will continue until November 4, 2021. These virtual meetings have several objectives, namely: To present mainly the technology of aerial geophysical remote sensing, geochemical mapping, and the methods, techniques, and results obtained for the evaluation of the potential of mineral resources based on the geological background studies of China’s regional mineralization, explore methods and… Read More Here

Mining Policy Governance Mining in DRC

Tshisekedi re-echoes the urgency of setting up a joint Sino-Congolese commission for the execution of contracts on a win-win basis

October 17, 2021October 17, 2021 arnbethnic

The question of the execution of the Sino-Congolese contract was once again raised during the meeting of the Council of Ministers on Friday, October 15. The Head of State, Félix Tshisekedi, reminded the Deputy Prime Minister and Minister of Foreign Affairs, Christophe Lutundula, the urgency, according to him, to set up a joint Sino-Congolese commission which will look at the whole subjects of common interest. For Mr. Tshisekedi, this will allow “the execution of contracts to be done in a mutual win-win basis”. In addition, in view of the report made… Read More Here

Mining in Zambia Governance Mining Policy

Illegal Mining to Stop – Zambian New Minister Of Mines

October 17, 2021October 17, 2021 arnbethnic

GOVERNMENT will deploy police officers in all mining areas to enhance monitoring and accountability of minerals being mined in Zambia, Minister of Mines and Minerals Development Paul Kabuswe has said. Mr Kabuswe said the illegal mining which was previously the order of the day would not be tolerated under the new dawn Government. He said it was the UPND administration’s desire to ensure that sanity was restored in the mining sector in Zambia by ensuring that the wanton illegal mining and destruction of the environment in other base metals, industrial… Read More Here

Mining Policy

Why miners can be first movers in the hydrogen economy

September 21, 2021September 21, 2021 Chilombo MahambaGreen Hydrogen

Scarcely a day goes by without seeing a new headline about the (re)emergence of hydrogen, specifically the production of “green” hydrogen from renewable energy sources. National governments continue to announce funding of hydrogen-related initiatives; new technologies are being released; hydrogen motor vehicle companies are being formed; steel mills are dabbling in replacing coal with hydrogen in steel production; and hydrogen-focused companies have seen hefty increases in share prices. While perhaps not obvious to some, mining companies may have a unique role to play in accelerating the use of and benefitting… Read More Here

Mining in DRC Governance Mining Policy

DRC agrees to IMF deal but players worry over looming purge of sector

September 13, 2021September 13, 2021 arnbethnic

IMF committed to a three-year credit to the tune of $1.5 billion. But it came with conditions, one of which was to enhance the fight against graft as well as clean up messy or lopsided mining agreements granted to foreign firms. The arrangement is such that the DRC must revise old agreements for mining as well as set up policies that will prevent future deals from being one-sided. One such contract has stepped on the toes of Chinese investors who signed a contract in 2008 to extract minerals in Lualaba… Read More Here

Governance Mining in Zambia Mining Policy

Zambian president promises to cut deficit, review mining policies

September 10, 2021September 13, 2021 admin

Zambian President Hakainde Hichilema said on Friday during the ceremonial opening on the 1st session of the 13 national assemble that his new government would implement policies to reduce the fiscal deficit, restore economic growth and review mining policies. In his first address to parliament since his election in August, Hichilema said officials would also review agricultural policies, revise electricity prices and reform state power firm Zesco. Last November Africa’s second-biggest copper producer became the first country on the continent to default on its sovereign debt during the pandemic, after failing to… Read More Here

Mining in DRC Mining Policy

Antoinette N’samba to raise awareness on compliance with the mining code and regulations- DRC

September 7, 2021September 7, 2021 admin

The Minister of Mines, Antoinette N’samba Kalambayi, arrived this Monday, September 6, 2021 in Lubumbashi, capital of Haut-Katanga to educate the different layers of the population on compliance with the Congolese mining code and regulations. For seven days, the objective will be to fight against the illegal exploitation of minerals and to make everyone understand that the mining code and regulations must be respected at all costs so that the country’s wealth benefits the Congolese State and the different investors. “We are in the process of roaming around the issue… Read More Here

Mining Policy

Tycoon may have shifted assets to Zimbabwe after US sanctions

August 13, 2021August 13, 2021 admin

Zimbabwe’s government is pressing ahead with a plan to combine its mining assets under a massive private-public enterprise, even as evidence mounts that the project could be linked to a tycoon sanctioned by the US and UK. Previously unreported documents, including correspondence among executives and shareholders, show that weeks after Kudakwashe Tagwirei was sanctioned by the US, his Mauritius-based Sotic International Ltd. began planning to shift its assets to a newly created Zimbabwean holding company — Ziwa Resources Ltd. Ziwa is the only private shareholder in the partnership, called Kuvimba… Read More Here