hot commissioning and ramp-up of Phase 1, 3.8 million-tonne-per-annum (Mtpa) concentrator plant is progressing well
Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng“Miles” Sun are pleased to announce that hot commissioning and ramp-up of Kamoa-Kakula’s Phase 1, 3.8 million-tonne-per-annum (Mtpa) concentrator plant is progressing well and approaching nameplate steady-state-designperformance. During August, the plant achieved an average milling rate of more than 9,000 tonnes per… Read full article
Reduce the fiscal deficit, Restore economic growth and Review mining policies
Zambian President Hakainde Hichilema said on Friday during the ceremonial opening on the 1st session of the 13th national assembly that his new government would implement policies to reduce the fiscal deficit, restore economic growth and review mining policies. In his first address to parliament since his election in August, Hichilema said officials would also review agricultural policies, revise… Read full article
A programme meant to clean the lucrative mining sector is causing jitters among players
The Democratic Republic of Congo’s decision this week to launch a programme meant to clean the lucrative mining sector is causing jitters among players who may have benefited from skewed contracts. The programme to purge the sector, Congo’s biggest source of revenue, is a result of an agreement with the International Monetary Fund (IMF) in July. Under this arrangement, the IMF committed to…Read full article
BMW AG has boosted orders for battery cells to keep pace with accelerating demand for electric cars
BMW AG has boosted orders for battery cells to keep pace with accelerating demand for electric cars that made up more than 11% of deliveries during the half of the year. The German carmaker now has contracts for more than 20 billion euros($23.8 billion) of batteries, up from 12 billion euros previously, Chief Executive Officer Oliver Zipse said in an interview. The cells are destined for… Read Full Article
Katanga Mining has offered Speedcast a three-year contract to deliver satellite connectivity services
Katanga Mining has offered Speedcast a three-year contract to deliver satellite connectivity services to its headquarters and a major mine complex in the Democratic Republic of Congo (DRC). Speedcast is a leading communications and IT services provider. Internet connectivity is critical for today’s digital mine site, as it enables Internet of Things (IoT) capabilities, ensures safety of personnel… Read full article
Bakwanga Mining Company (MIBA) signs a memorandum of understanding with Russian diamond giant Alrosa
The Bakwanga Mining Company (MIBA) signs a memorandum of understanding with Russian diamond giant Alrosa with the aim of increasing commercial, technological, scientific and technical cooperation between the two parties. Concretely, the agreement will allow Alrosa in particular to participate in the exploration and production of diamonds in the DRC, in compliance with responsible sourcing stand…Read full article