Glencore is pleased to confirm the commissioning of operations at the Mutanda Mining (MUMI) mine by the end of 2021, in order to allow the return to production for the year 2022. MUMI as well as KCC play a role important in global energy and mobility transitions, thanks to the high-quality copper and cobalt produced by both operations. A critical component of the production process is the… Read full article
When Ivanhoe Mines’ Kamoa-Kakula project in the Democratic Republic of Congo went into production a month ago it was the biggest new mine to do so since Escondida in Chile in November 1990. Escondida hit its stride eight years later, producing 867,000 tonnes on its way to a peak of more than 1.4m tonnes a decade later. With more than 50 years left, the BHP-Rio Tinto owned operation may remain… Read full article
The Congolese authorities announce that they seized on Saturday June 19, 2021 31kg of gold, worth 1.9 million USD. The operation took place at the Okapi Wildlife Reserve, a reserve on the UNESCO World HeritageList, in the Ituri forest, bordering Uganda. The gold seized in the hands of the smugglers came from Muchacha. Three people were arrested and taken to Bunia. Also according to the source…Read full article
These two global companies want to invest in green energy, in Inga, in particular for the Australian Fortescue Metals Group. As for Westminster Group PLC, this British company is in negotiations with RVA for a partnership in security, technology and airport infrastructure services. These two major companies responded to the call launched by the President of DRCto foreign investors to… Read full article
ABB and Hitachi Construction Machinery have signed a collaboration agreement to develop an electric rigid dump truck with a customised on-board energy storage system. Using ABB’s innovative battery technology will enable trucks to transform from diesel to full electric operation. The electric vehicle draws the power needed from overhead catenary while simultaneously charging the on-board energy… Read full article
Didier Budimbu, Congolese Minister of Hydrocarbons, in a correspondence dated June 16, announced that the permits to operate oil zones granted in 2010 to two companies linked to Dan Gertler for blocks 1 and 2 have expired. This important oil field is located on the Congolese part of Lake Albert, near the border with Uganda. These areas contain, according to expert estimates, more than a…Read full article