Partnership - Copperbelt Katanga Mining

Sandvik DRC Secures Subcontracting Rights through Local Partnership

July 3, 2024July 3, 2024 Constance

Kinshasa – Sandvik DRC has secured the right to engage in subcontracting activities in the Democratic Republic of Congo (DRC) following a strategic move to open its share capital to a Congolese partner holding a majority stake of 51%. The announcement, made on Monday, July 1, 2024, by the Regulatory Authority for Subcontracting in the Private Sector (ARSP), marks a significant milestone for the mining equipment company. The memorandum of understanding signed between Sandvik DRC and ARSP, in the presence of senior executives including Managing Director Miguel Katemb Kashal and… Read More Here

International Mining Equipment Partnership

Liebherr and Fortescue announce partnership for development of Autonomous Haulage Solution

July 3, 2024July 3, 2024 Constance

Building on the ongoing cooperative efforts between Liebherr and Fortescue, the two companies have announced that they will further combine their areas of expertise to develop and validate an Autonomous Haulage Solution (AHS). The AHS will be integrated with the zero emission haul trucks that the companies are currently co-developing, with the aim to be the first AHS operating zero emissions vehicles globally. In August 2023, Liebherr announced the deployment of a fleet of four T 264 autonomous trucks in Western Australia for onsite validation, which marked the next stage… Read More Here

Mining in DRC Economy Partnership

Russia Seeks Stronger Ties with the Democratic Republic of the Congo

June 29, 2024June 29, 2024 Constance

Russia has expressed a strong interest in strengthening its relationship with the Democratic Republic of the Congo (DRC). The Kremlin views the Central African nation as a highly promising partner for developing bilateral relations. This assessment was highlighted following the Congolese President’s visit to Moscow on Tuesday. The President of the DRC is equally enthusiastic about the prospect of collaboration with Russia across various industries. According to a report by the Russian newspaper Sputnik, Russia is keen to enhance its economic ties with the DRC, seeing significant potential for growth… Read More Here

International Equipment & Technology Mining Equipment Partnership

Sandvik and Byrnecut Partner to Develop Diesel-Electric Mining Equipment

June 21, 2024June 21, 2024 Constance

Mining equipment maker Sandvik has announced a partnership with contract miner Byrnecut to develop diesel-electric loaders and trucks aimed at enhancing sustainability and productivity in underground mining operations. This initiative, formalized at The Electric Mine 2024 conference in Perth, Australia, will tailor equipment to Byrnecut’s specific requirements and optimize its underground activities. Pat Boniwell, Managing Director of Byrnecut Australia, stated, “Diesel-electric equipment combines the low-maintenance benefits of electric machines with the flexibility of diesel. Our long-standing association with Sandvik allows us to provide input and feedback that will shape the… Read More Here

Mining in Zambia Copper Partnership

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 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