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| | DR Congo & Zambia’s Premier Mining News Our top stories this week
| Four mining companies based in the DRC produced 41% of the global cobalt stock Four mining companies based in the Democratic Republic of Congo produced nearly 41% of the cobalt stock produced worldwide, according to a report by the NGO Natural Resource Governance Institute (NRGI). These companies include Kamoto, Tenke Fungurume, Metalkol RTR and Etoile operating in a market that concerns relatively few countries and companies. According to this report, this concentration… Read full details | Sponsored | | |
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| | | Alphamin Resources on March 29 said it had taken the decision to proceed with the development of the Mpama South Mine… Tin miner Alphamin Resources on March 29 said it had taken the decision to proceed with the development of the Mpama South Mine and processing plant in the Democratic Republic of Congo. Alphamin is targeting first tin production at Mpama South by December 2023. The mine is estimated to produce contained tin of 7 232 t/y at an estimated all-in sustaining cost of $15 188 /t… Read full article | | The new WR810 Delivery with crane adds another support application to Elphinstone’s expanding underground support fleet… The Elphinstone range of WR810 underground support vehicles is designed to thrive in the harshest underground hard rock mining environments. The new WR810 Delivery with crane adds another support application to Elphinstone’s expanding underground support fleet. Choosing the right support vehicle for an underground mining operation can significantly increase the productivity of the production… Read full article | |
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| | Zambia said it plans to limit the number of mining licences that a company can hold… Zambia, Africa’s second-largest copper producer, said it plans to limit the number of mining licences that a company can hold at a time to curb speculation and promote investment. The ministry of mines last month suspended the issuance of mining licenses and commissioned an audit in response to public complaints about a lack of transparency and abuse in Zambia’s licensing system, which is being… Read full article | | If the DRC captures 20% of the market share for battery production, it will add around US$54 billion to its income and raise its GDP… “The country’s mining sector currently accounts for 98% of exports, 18% of GDP and 11% of jobs. If the DRC captures 20% of the market share for battery production, it will add around US$54 billion to its income and raise its GDP tremendously,” says UN Under-Secretary-General Vera Songwe. AVZ Minerals Ltd – The DRC Battery Council: Building the sustainable battery supply chain of tomorrow… Read full article |
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