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DR Congo & Zambia’s Premier Mining News
Our top stories this week
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African Energy Metals has acquired Whiskey Cobalt Mining’s (WCM’s) interest in the Manono tin, tantalum and lithium project
TSX-V-listed African Energy Metals has acquired Whiskey Cobalt Mining’s (WCM’s) interest in the Manono tin, tantalum and lithium project, in the prolific Manono area in the Tanganyika province of south-east Democratic Republic of Congo. The disposal by WCM of the project, comprising an exploitation permit covering about 30 km2, will involve WCM assigning African Energy Metals an exclusive option… Read full details
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Sponsored
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Glencore Plc, has followed some of the world’s largest companies in reviewing its business ties with Russia…
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Glencore Plc, the world’s biggest commodity trader, followed some of the world’s largest companies in reviewing its business ties with Russia as the fallout from the invasion of Ukraine intensifies across global commodities markets. While Glencore stopped short of exiting its investments, the company said it was reviewing its shareholdings in two of Russia’s biggest companies as well as its… Read full article
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WiNG Land Acquisition Nodal System has been at FQM’s Kansanshi Copper Mine in Zambia …
France-based exploration technology company Sercel has said its wireless WiNG land acquisition nodal system has been deployed to a mining exploration programme at the First Quantum Minerals-owned Kansanshi copper mine in Zambia. The company said a 30-kilometre WiNG node array was deployed to acquire passive seismic data over nine months at the mine and the adjacent Solwezi basement dome… Read full article
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GoviEx Uranium has explained that every year, more uranium is consumed than produced…
GoviEx Uranium has explained that every year, more uranium is consumed than produced, and higher incentive prices are required to support new supply GoviEx Uranium is the developer of Mutanda Uranium mining project has indicated that it plans to start actual uranium mining in Zambia in the next five years. In a statement, the Canada listed company stated that “the mine-permitted Mutanga… Read full article
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The DRC is very attentive to the progress of Russian military operations in Ukraine and their effects on the world economy…
The government of the Democratic Republic of Congo (DRC) is very attentive to the progress of Russian military operations in Ukraine and their effects on the world economy. During the traditional weekly meeting of the Economic Situation Committee (CCE) held on Wednesday March 2, 2022, the sectoral Ministers around the Prime Minister, Jean-Michel Sama Lukonde, counted on the economic situation… Read full article
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A Court in Democratic Republic of Congo has appointed a temporary administrator to run Tenke Fungurume…
A court in Democratic Republic of Congo on Monday appointed a temporary administrator to run China Molybdenum’s Tenke Fungurume copper and cobalt mine at the request of state miner Gecamines, a minority shareholder in the project. The order from the Tribunal of Commerce in the southeastern city of Lubumbashi marks a significant development in a dispute that broke out last year between Congolese… Read full article
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STORIES YOU MAY HAVE MISSED
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