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DR Congo & Zambia’s Premier Mining News
Our top stories this week
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Félix Tshisekedi and Hakainde Hichilema decide to harmonize their development policies and strategies for their two countries
DRC Head of State Félix Tshisekedi and his Zambian counterpart Hakainde Hichilema decide to harmonize their development policies and strategies vis-à-vis the mining and industrial sector for the success of the market relating to the establishment of a value in the electric battery and clean energy sector. To do this, they have set up a framework called “Battery Council of the Republic of Zambia and… Read full details
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Sponsored
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Various factors taken into account by an American report on investments in the DRC
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From openness to foreign direct investment to the fight against corruption, including the return of the DRC to AGOA, the implementation of reforms to improve the judicial system, transparency in the management of public finances, the facilitation business through the Single Window for Business Creation (GUCE), the raising of the country’s sovereign rating, are all assets taken into account by… Read full details
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ZCCM to restructure Mopani Copper Mines and help find an investor for the copper mine
Zambia’s state mining investment firm ZCCM-IH is in the process of appointing a financial adviser to restructure Mopani Copper Mines and help find an investor for the copper mine, board chair Dolika Banda said on Friday. The appointment is “imminent”, Banda said, adding that ZCCM should find a new equity partner within the next six months to a year. Zambia’s President Hakainde Hichilema on… Read full details
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Minister of Hydrocarbons, discusses with investors the various oil and gas opportunities offered by the DRC
The Minister of Hydrocarbons, Didier Budimbu has been in Kuwait since this Thursday, April 28, 2022. In his suite, he is accompanied by the ad interim Director General of the national hydrocarbons company of Congo, Sylvie Ntazambi Bizitu as well as the delegation of the company Surestream of the Ledya group led by its PCA, Claude Bossio wa Bossio. The purpose of this working visit is to… Read full details
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First Quantum Minerals Ltd reported a 171% jump in first-quarter profit…
Copper miner First Quantum Minerals Ltd reported a 171% jump in first-quarter profit on Tuesday, powered by higher prices for the red metal from supply worries. Realized price of copper, a key metal used in wiring, electric vehicles and other electronics, rose nearly 37% to $4.45 per pound in the quarter, the company said, on fears that Russia’s invasion of Ukraine would disrupt supply chains… Read full article
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GoviEx Uranium has started its 2022 field programme at its 100%-owned and mine-permitted Mutanga uranium project, in Zambia
Canada-based GoviEx Uranium has started its 2022 field programme at its 100%-owned and mine-permitted Mutanga uranium project, in Zambia, which is planned to be developed following the company’s flagship Madaouela uranium project, in Niger. The field programme will target key aspects that will assist to progress Mutanga towards completion of a feasibility study and potential subsequent funding… Read full details
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