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The DRC & ZMB’s Top Mining News Platform
Mining Stories to Kick Start Your Week
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Copper is still up in the final week of December 25 to 30 at 8,451 USD per tonne against 8,261 USD per tonne the previous week…
The trend for the majority of the DRC’s mining export products is upward during this week from December 25 to 30, 2023, according to forecasts from the National Mercurial Commission of the Ministry of Foreign Trade. Copper is still up this week at 8,451 USD per tonne against 8,261 USD per tonne the previous week, a positive price difference of 187 USD. Zinc is also showing an upward trend this week… Read full details
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The DRC has received calls to intensify mineral research efforts to ascertain precise mineral quantities within the nation’s territories…
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The government of the Democratic Republic of Congo (DRC) has received calls to intensify mineral research efforts to ascertain precise mineral quantities within the nation’s territories. During a recent conference at the University of Kinshasa, Deputy Inspector of the General Inspectorate of Mines, Dona Kampata Mbwelele, delved into the profound shifts in mining production within the DRC and the… Read the full article
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During the final week of December 25 to 30, 2023, the price of cobalt was expected to fall by 8.70% or USD 28,579 per tonne that week compared to USD 31,302 per tonne the previous week…
Despite its essential role in the automobile industry, particularly in the manufacture of electric batteries, the price of cobalt has continued to plummet on international markets for almost a year. During the week from December 25 to 30, 2023, the price of cobalt is expected to fall by 8.70% or USD 28,579 per tonne this week compared to USD 31,302 per tonne a week previously. Apart from cobalt… Read full details
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A prominent global law firm, provided legal counsel to ZCCM Investments Holdings Plc in connection with its execution of an investment agreement with IRH…
Baker McKenzie, a prominent global law firm, provided legal counsel to ZCCM Investments Holdings Plc in connection with its execution of an investment agreement with International Resources Holding RSC Limited (IRH), a leading mining entity in Abu Dhabi. The agreement entails IRH’s commitment to invest $1.1 billion in Mopani Copper Mines Plc (Mopani), a key copper mining operation in Zambia… Read full details
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The breakdown revealed the manufacturing sector as the frontrunner, boasting investments worth $19.72 billion, closely trailed by the energy sector with $8.9 billion and mining at $6 billion…
The Zambia Development Agency (ZDA) announced a momentous achievement with nearly $40 billion in committed investments from 379 projects this year, marking a remarkable surge compared to the previous year’s commitments. BEIMBA MALITI, Chairperson of the ZDA Board, disclosed that this significant figure signified an exceptional growth of over 300% from the prior year’s commitment of $8.61 billion… Read full details
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