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DR Congo & Zambia’s Premier Mining News
Your top stories this week
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Anglo American plans a return to Zambia after several decades
Junior exploration company Arc Minerals has entered into an agreement with a subsidiary of diversified miner Anglo American, which formalises the parties’ intention to form a joint venture (JV) with respect to Arc’s copper/cobalt project in the North-Western province of Zambia. Under the agreement, Anglo will have the right to earn a 70% interest in the JV for an aggregate investment of up to… Read full details
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Sponsored
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Sama Reaffirms Determination for the Formation of Electric Battery Manufacturing in DRC
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May 11 in Cape Town, South Africa, on the sidelines of the Indaba Mining investing Forum, the Prime Minister, Jean-Michel Sama Lukonde answered questions from the press. The head of the Congolese government combed through all the relevant issues at the center of the Mining Indaba conference. Taking advantage of this opportunity, he reaffirmed loud and clear the determination of the Democratic … Read full details
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Zambian President Hichilema’s Speech at the Mining Indaba 2022
“It is my honour and privilege to be part of this year’s investing in African Mining Indaba. This year’s theme: “AFRICAN MINING: INVESTING IN THE ENERGY TRANSITION, ENVIRONMENTAL, SOCIAL AND GOVERNANCE AND ECONOMIES” could not have come at a more opportune time. The energy transition and unprecedented technological… Read full details
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Tesla CEO Open to Buying a Mining Company
Tesla is open to buying a mining company if producing its own supply of electric vehicle (EV) metals would speed up worldwide adoption of clean energy technologies, Chief Executive Officer Elon Musk said on Tuesday. Concern is mounting across the EV industry that there may not be enough supply of lithium, nickel, copper and other metals to match demand later this decade, fueling questions about… Read full details
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Demonization of the 3T Minerals From DRC…
With more than 60% of the world’s coltan reserves, the DRC has regained, following significant progress in terms of strengthening the control and transparency of supply chains, its letters of nobility by positioning itself usefully on the market. International 3T (coltan, cassiterite, tungsten). Since 2017, and the trend continues, it is the first producer of coltan, thus relegating, … Read full article
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Zambia Agrees to End its Legal Issues Against Vedanta
Zambia has agreed to end legal action against billionaire Anil Agarwal’s Vedanta Resources Ltd. as President Hakainde Hichilema seeks to revive mining output in the southern African country. Vedanta’s Konkola Copper Mines was placed under provisional liquidation in 2019 after the previous Zambian government alleged that the company had lied about expansion plans and paid too little tax. KCM… Read full details
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