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The DRC & ZMB’s Top Mining News Platform
Stories to kick start your week
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China’s Zijin, Norinco Group and South Africa’s Sibanye among those showing interest in Mopani…
China’s Zijin Mining and Norinco Group, South Africa’s Sibanye Stillwater and an investment vehicle owned by ex-Glencore officials have been shortlisted in the race to buy Zambia’s Mopani Copper Mines, two sources with knowledge of the matter told Reuters. Zambia’s mines minister Paul Kabuswe said in February there were 10 suitors for the mine and smelter complex that is owned by state firm ZCCM-IH… Read full details
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Follow The Economic Model Advocated By The Mining Engineering Services (MES) – Eric Monga…
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Eric Monga spoke thus during the inauguration of the detergent manufacturing plant on Thursday June 15, 2023 in Lubumbashi. In his words, Éric Monga encouraged other entrepreneurs to analyze this economic model and duplicate it. “Let’s look at this economic model together: the copper is mined and refined on site. This product is transformed on site into cable and enters a power station to produce… Read full details
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Zambia through the Companies Act of 2017 introduced beneficial ownership requirements for all companies registered in Zambia…
Zambia’s mining sector serves as a critical pillar of its economy, offering immense potential for growth and development. However, the sector has been plagued by challenges such as opacity, corruption, and illicit financial flows. Recognizing the need for enhanced transparency and accountability as a strategy towards increasing chances of curbing illicit financial flows, Zambia through the Companies… Read full details
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The DRC boasts vast reserves of cobalt, copper, diamonds, gold, tin, and coltan, among other valuable minerals….
The Democratic Republic of Congo (DRC) is a country blessed with an abundance of mineral resources, making it one of the most geologically rich nations on the African continent. While the mining industry in the DRC has faced significant challenges in the past, it is essential to recognize the potential benefits that mining can bring to the country’s development. This article explores the transformative… Read full details
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Zambia has achieved a remarkable breakthrough by reaching an agreement in principle to restructure a substantial $6.3 billion debt…
In a significant stride towards resolving its financial challenges, Zambia has achieved a remarkable breakthrough by reaching an agreement in principle to restructure a substantial $6.3 billion debt with bilateral lenders. A French official has confirmed that the much-anticipated deal will be officially announced on Thursday June 22, marking a pivotal moment for countries facing difficulties in… Read full details
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