News in Brief - Copperbelt Katanga Mining

YAKUTUMBA & BILOZE BISHAMBUKE GROUPS CONTINUE TO FIGHT FOR CONTROL OF MINING SITES 1

The Yakutumba and Biloze Bishambuke groups continue to fight for control of mining sites, according to António Guterres’ latest report on the situation in the DRC. The link between this violence and the illegal exploitation of the mineral resources of this part has been the subject of particular interest of the international community. On December 8, the Council of the European Union added Alain Goetz to the list of people subject to restrictive measures because of the situation in the DRC. He is a businessman who is the beneficial owner and former… Read More Here

News in Brief Battery Metals Mining in DRC Mining in Zambia

The US, DRC and Zambia signs an MOU for the Electric Vehicle Battery Value Chain

December 15, 2022December 16, 2022 Constance

Zambia and DRC appended their signatures to an MOU on U.S. Assistance (Investments & Technologies) to develop the DRC-Zambia Electric Vehicle the DRC-Zambia Electric Vehicle Battery Value Chain, further supporting the Minerals Security Partnership’s objectives said Secretary Antony Blinken. Does it mean a change of strategic partnership for the DRC, USA versus China? In order to build up that value chain, DRC will need to start by assessing its climate of investment in the mining industry. ”Zambia and the Democratic Republic of Congo have signed an agreement with the United… Read More Here

New Mining Projects Mining in DRC News in Brief

Ivanhoe Mines achieves operating profits of around USD 253 million in DRC and SA

August 20, 2022August 20, 2022 arnbethnic

The Canadian mining firm Ivanhoe Mines recorded, in the second quarter of 2022, a record profit of around 351.5 million US dollars from the mining projects carried out in the Democratic Republic of Congo (DRC) and in the Republic of South Africa. According to the related report, 253.1 million USD were made in the Democratic Republic of Congo (DRC) as profits. For Kamoa-Kakula alone, a mining complex operated in the DRC by the Kamoa Copper company, Ivanhoe Mines announced the sale to a volume of 85,794 tons of copper bringing… Read More Here