| DRC & Zambian top mining news Our top stories this week
| Zambia’s presidential election scooped by the opposition candidate Hakainde Hichilema… Zambia’s Electoral Commission has confirmed that last week’s presidential election was won by the opposition candidate Hakainde Hichilema. Mr Hichilema defeated his main rival, the outgoing President Edgar Lungu, by almost a million votes. This was Mr Hichilema’s sixth attempt at winning the presidency. His supporters have been celebrating on the streets of the capital, Lusaka… Read full article Read Also; Local Processing and Smelting In DRC and Zambia | Sponsored advertisement | More top mining stories | | | | | | | |
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| Ivanhoe Mines announced its financial results for the three and six months ended June 30, 2021… | Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) announced its financial results for the three and six months ended June 30, 2021. Ivanhoe Mines is a Canadian mining company advancing its three mining projects in Southern Africa: the Kamoa-Kakula copper mining complex in the Democratic Republic of Congo (DRC); the Platreef palladium-rhodium-platinum-nickel-copper-gold discovery in South Africa; and the… Read full article Read Also: Copper Price Bounces Back on Chile Supply Concerns |
| What needs to happen during the crucial first 100 days of a new administration in Zambia… Mining For Zambia asked leading economist Professor Oliver Saasa what needs to happen during the crucial first 100 days of a new administration to ensure that Zambia leaves the debt era behind, and chooses the road to economic recovery. The potential for the mining industry to drive an economic recovery is definitely there. We’ve seen how, because of the mines’ linkages to other industries… Read full article |
| The strong mining alliance between the DRC and the Kinsevere’s MMG Limited, was further strengthened at the DRC embassy in Beijing… The strong mining alliance forged between the Democratic Republic of the Congo (DRC) and the Kinsevere mine operator, MMG Limited, was further strengthened at a recent meeting held last month at the DRC embassy in Beijing. Weiquan Xia, General Manager of MMG’s Kinsevere mine, convened a successful meeting with Numbi Kayembe Valentin, Plenipotentiary Minister, responsible for Congolese diplomatic… Read full article | | |
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| Shares in Gemfields jumped as much as 6% in London… Shares in Gemfields jumped as much as 6% in London after the precious coloured gemstones miner posted a $23.1 million auction revenue – an all-time record for commercial-quality emerald sold at auctions. The sales event, held from July 28 to August 11, saw 49 companies place bids, Gemfields said. From the 32 lots offered, 31 (or 97%) of them were sold at a record average… Read full article |
| Drilling at the Luanshimba copper/cobalt project, in the DRC, is proceeding satisfactorily… London-listed diversified miner Red Rock Resources says drilling at the Luanshimba copper/cobalt project, in the Democratic Republic of Congo (DRC), is proceeding satisfactorily after experiencing a slow start. The company has replaced an initial rig with a more powerful model and expects to extend some holes to a 120 m to 200 m depth, to test for copper sulphide mineralisation… Read full article |
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