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DR Congo & Zambia’s Top Mining News Platform
Your top stories this week
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Mining Tender for Construction of a Concentrator in DRC…
African Tender Notice | DRC
Announcement Date: 05 August 2022
Tender Description: Tender for the construction of the Concentrator of the Kinesevere Expansion Project
Deadline: 15 August 2022 … Read full tender details
Source: The African TenderPRENEUR
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Sponsored
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Galileo commences Drilling Works at Luansobe in Zambia…
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London-listed Galileo Resources has commenced a 3,000 m core drilling programme on their Luansobe Copper Project, in Zambia. The programme has been designed to infill gaps in historic drilling and twin selected holes, with a particular focus on shallow up-dip projections of the deposit. The company has relogged historical drill core data dating from the 1950s and 1960s, with core from five h… Read full details
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DRC Premier, calls of industrialization of DRC resources…
The Congolese Prime Minister, Jean-Michel Sama Lukonde, chaired, on Tuesday, August 2, 2022, at the people’s palace, the opening ceremony of the 6th annual industrialization week of the Southern African Development Community (SADC) and this, on the sidelines of the 42nd Summit of Heads of State.
Note that the 6th annual week focuses on the theme: “ Promoting Industrialization through… Read full details
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Zambia can’t miss the opportunity this time around in terms of Copper Development…
Once again, wild anecdote-based assertions and half-truths about mining have crept into the headlines. Dramatic soundbites devoid of fact urge the Zambian public to sacrifice their livelihoods and communities on the suicidal twin altars of “keeping Copper in the ground” and “taxing the mining industry more”. The recent removal of duties on mining equipment is the latest “unnecessary tax exemption… Read full details
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Some positivity for Copper, Zinc, Gold and Tin (the main mining exports of the DRC)
According to projections by the National Commission of Mercurials of the Ministry of Foreign Trade, copper should sell up this week at 7,438.40 USD per ton against 7,237.05 USD per ton last week, a slight increase in price. around 201.31 USD. Zinc should sell this week at 3,080.75 USD per tonne against 3,011.20 USD per tonne last week, an estimated price increase of 59.55 USD. Regarding tin… Read full details
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FQM Records a Production Decrease at Kansanshi in Q2…
First Quantum Minerals has recorded a 2,180 decrease in its copper production at its Kansanshi Mine in Solwezi for the second quarter of 2022. Kansanshi’s copper production was 39,719 tonnes, while the company’s copper production at its Sentinel mine in Kalumbila of 52,447 tonnes was on target. Combined production from the two mines was lower than the previous quarter. FQM’s Chief Executive… Read full details
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