Partnership - Copperbelt Katanga Mining

South Africa eyes electric batteries deal in DRC investment talks

July 12, 2023July 12, 2023 Constance

President Cyril Ramaphosa has won big in his talks with his Democratic Republic of the Congo (DRC) counterpart where a deal on the manufacture electric batteries will be explored. Presidents Felix Tshisekedi and Ramaphosa undertook to ensure the implementation of various agreements concluded during the 12th session of the Joint Grand Committee. DRC’s lithium vital in electric batteries In light of the DRC’s abundant lithium mineral reserves, the production of electric batteries is an excellent area of cooperation between South Africa and the DRC. Lithium helps make lithium-ion batteries, which… Read More Here

International Gold Partnership

Twiga Transforms Tanzanian Mining, Sets Standard for Industry

July 11, 2023July 11, 2023 Constance

Twiga Minerals, the joint venture between the Tanzanian government and Barrick Gold Corporation, has revitalized the country’s gold mining industry through a partnership that should serve as a model for similar operations, particularly in developing regions, Barrick president and chief executive Mark Bristow said yesterday July 10th. Briefing media at a mine visit, Bristow said in 2019 when Barrick took control over North Mara and Bulyanhulu — the mines that now form the Twiga complex — both were rundown and at a virtual standstill due to a deadlocked dispute between… Read More Here

Mining in Zambia Partnership

New Power Station to Boost Tanzania-Zambia Economic Ties

June 28, 2023June 28, 2023 Constance

A $100 million energy facility will be built in Zambia by the liquefied petroleum gas (LPG) company Taifa Gas of Tanzania in partnership with the local business Delta Marimba. 24 months after receiving regulatory permits from the Zambian government, including the Environmental Impact Assessment, the factory, which will be located in northern Zambia, will begin producing. Taifa Gas says it will explore more LPG opportunities such as cooking gas. The LPG power station will contribute 100 megawatts to Zambia’s national grid once it is operating. According to Taifa Gas Executive… Read More Here

Mining in DRC Oil & Gas Partnership

Angola and the DRC to Ink Block 14 Agreement on July 13

June 27, 2023June 27, 2023 Constance

The Democratic Republic of the Congo’s Hydrocarbons Minister Didier Budimbu and his Angolan counterpart Diamantino Pedro Azevedo have agreed to sign the Memorandum of Understanding (MoU) for the development of Block 14 on July 13 in Kinshasa. The signing of the MoU will formalize the Block’s ownership, with the DRC and Angola set to take a 30% share while global energy major – and operator of the block – Chevron will own a 40% stake, and follows a series of meetings held between the two countries. The signing date was agreed upon during… Read More Here

International Copper Partnership

Anglo American and Jiangxi Copper collaborate on responsible copper

June 23, 2023June 23, 2023 Constance

The agreement was signed during a visit to Jiangxi Copper’s headquarters in Nanchang, China, and is part of Anglo American’s work with customers to create sustainable value chains beyond its own mining operations, recognising consumers’ increasing expectations for sustainably sourced and supplied raw materials. Peter Whitcutt, CEO of Anglo American’s Marketing business, said: “We are developing a series of partnerships to shape a more sustainable and customer-centric value chain – one that meets consumer-driven demand for copper with demonstrably strong provenance credentials. That value chain begins with our portfolio of… Read More Here

Mining in DRC Partnership

DRC and Angola Agree to Jointly Exploit Hydrocarbon Resources in ZIC

June 23, 2023June 23, 2023 Constance

The Democratic Republic of Congo (DRC) and the Republic of Angola have agreed on the joint exploitation of hydrocarbon resources in the maritime zone of common interest between the two countries. It was during a joint meeting held in Luanda from June 20 to 21, 2023 between the two parties represented respectively by their Minister of Hydrocarbons. During these two days of work, Diamantino Pedro Azevedo, Angolan Minister of Hydrocarbons and Didier Budimbu Ntubuanga from the DRC also discussed the joint mechanism for the exchange of petroleum products. The first… Read More Here