Partnership - Copperbelt Katanga Mining

Mopani Copper Mines Relaunch Marks New Era for Zambia

March 22, 2024March 22, 2024 Constance

In a historic event for Kitwe, the Copperbelt, and Zambia’s mining sector, Mopani Copper Mines celebrated its revitalization, heralding a significant economic shift for the region and the nation. President Hakainde Hichilema expressed deep appreciation for the collaborative efforts that led to the relaunch, emphasizing the meticulous negotiations with International Resource Holdings (IRH) from Abu Dhabi. The partnership, characterized by mutual respect and equitable benefits, ensures Zambian citizens retain a 49% shareholding through ZCCM-IH, showcasing a commitment to national prosperity. IRH’s $1.1 billion investment marks a groundbreaking milestone, representing the… Read More Here

International Equipment & Technology Mining Equipment Partnership Press Release

Epiroc field trials battery-electric SmartROC D65 BE with Capital Limited

January 6, 2024January 22, 2024 Constance

Epiroc has partnered up with leading mining services company Capital Limited to field test the innovative SmartROC D65 BE, a battery-electric surface drill rig for the mining and construction industry. The battery-electric version of the well-known SmartROC D65 surface drill rig will be tested in Capital Limited´s African operations during 2024. The demand for zero emission or low emissions is high, as the world is pushing to transition from fossil-fuel-driven equipment to sustainably powered rigs. The field test of the SmartROC D65 BE is therefore important both for Epiroc and… Read More Here

Mining in Zambia Electricity Energy Partnership

FQM SIGNS LANDMARK POWER SUPPLY AGREEMENT WITH ZESCO

December 1, 2023December 1, 2023 Constance

First Quantum Minerals (FQM) and ZESCO have entered into a landmark Power Supply Agreement (PSA), marking a new era of cooperation and securing a sustainable energy supply for FQM’s Trident and Kansanshi mines in Zambia. The ten-year agreement marks a significant milestone in the relationship between the two companies and represents a new era of collaboration and sustainable energy development in Zambia. Under the terms of the PSA, ZESCO will supply over 420 Megavolt Amperes (MVA) of renewable power to FQM’s Trident and Kansanshi mine sites. This substantial power supply… Read More Here

Angola Partnership Transport and Logistics

World Bank Collaborates with Benguela Railways on Lobito Corridor Implementation

November 17, 2023November 17, 2023 Constance

A team from the World Bank partnered with Benguela Railways’ leadership to understand the Lobito Corridor’s implementation process. During the engagement, Mosheta Lukombo, the administrator overseeing Administration and Finance at CFB, elucidated that the Lobito Atlantic Railway consortium, managing the Lobito Corridor, plays a vital role in regional integration, infrastructure enhancement, and facilitating the transportation of large goods. The World Bank delegation visited the Lobito Atlantic Railway consortium’s workshops within the public company, including the operations control center. They assessed the preparedness of the equipment essential to support train circulation… Read More Here

Mining in DRC Angola Battery Metals Mining in Zambia Partnership Transport and Logistics

EU Signs Crucial Partnerships with DRC and Zambia for Sustainable Raw Materials Value Chains

October 27, 2023October 27, 2023 Constance

At the recent “Global Gateway” forum in Brussels, Jutta Urpilainen, the European Union’s Commissioner for international partnerships, signed significant memoranda of understanding with key African counterparts. On October 26, 2023, she joined hands with the Democratic Republic of Congo’s Minister of Transport, Marc Ekila Likombo, for a partnership on critical and strategic raw materials value chains. Furthermore, a strategic partnership on sustainable raw materials value chains was established with Zambia’s Minister of Finance, Situmbeko Musokotwane. This momentous event follows the G20 Summit in New Delhi, India, in September 2023, where… Read More Here

Mining in Zambia Copper Gold Mining Projects Partnership

Barrick Bolsters Zambia Partnership with Lumwana Mine Expansion Investment

October 4, 2023October 4, 2023 Constance

Barrick’s transformation of its Lumwana mine into a world-class producer will provide strong impetus for the government’s thrust to revive the country’s copper industry, president and chief executive Mark Bristow said on September 3rd after a meeting with Zambian President Hakainde Hichilema. Barrick is investing almost $2 billion in an expansion project designed to increase Lumwana’s annual production to an estimated 240,000 tonnes of copper from a 50 million tonne per annum process plant over a 36-year life of mine, elevating this once-unprofitable operation into the front rank of copper… Read More Here

International Gold Partnership

Barrick Acknowledges Twiga Partnership’s Mining Impact

September 29, 2023September 29, 2023 Constance

Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) and the Tanzanian government are demonstrating how mining can be an enormous force for good when miners and their host governments work together to create sustainable value for all stakeholders, says president and chief executive Mark Bristow. Speaking to media, Bristow said Barrick’s pioneering Twiga partnership with the government, which equally shares the economic benefits generated by the North Mara and Bulyanhulu mines, should be a model for successful cooperation, notably in developing countries. Not only is Barrick now the largest contributor to the Tanzanian economy… Read More Here

Mining in Zambia Battery Metals Cobalt Lithium Mining in DRC Partnership

EU Nurtures Partnerships with DRC and Zambia to Secure Critical Materials

September 28, 2023September 28, 2023 Constance

The European Union (EU) is working on partnerships with the Democratic Republic of Congo (DRC) and Zambia to strengthen local industries in the face of growing competition with China for essential resources in the green and digital sectors. A forthcoming memorandum of understanding will signify the EU’s support for cultivating local value chains, especially since a significant portion of critical material processing, such as lithium and cobalt, currently occurs in China. The EU’s objective is to diversify the suppliers of crucial resources and counter China’s substantial infrastructure investments in regions… Read More Here

Mining in DRC Oil & Gas Partnership

DRC Signs ‘Production Sharing’ Agreement for Lake Kivu Gas Blocks

September 15, 2023September 15, 2023 Constance

The government represented by the Ministers of Hydrocarbons Didier Budimbu, that of Finance Nicolas Kazadi and the companies (Winds Exploration and Production and Alfajiri Energy) signed on Saturday September 9, 2023 in Kinshasa, the “production sharing” contract for the exploitation of two gas blocks from Lake Kivu open to exploration and production in the DRC. A procedure which respected the rules was unanimously testified by the two companies concerned alongside the Société Nationale des Hydrocarbures (SONAHYDROC SA) representing the Congolese State and which will have an exclusive 20% of the… Read More Here

Mining in DRC Battery Metals Cobalt Lithium Mining Projects Partnership

Glencore Strikes Strategic Agreement with Tantalex

September 15, 2023September 15, 2023 Constance

The Canadian company Tantalex Lithium Resources operating in the Democratic Republic of Congo (DRC) and Glencore concluded a memorandum of understanding at the end of last week according to which Glencore will have to partly finance the development of its lithium residue project in Manono. Under the terms of the memorandum of understanding, Glencore must obtain, in exchange for financing, the right to purchase and market the lithium that will be produced at Manono. And the funding itself will be divided into three tranches. A first of 2 million USD and… Read More Here