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Glencore Confirms Marie-Chantal Kaninda as DRC President and Promotes Two Congolese Executives 1 Mining in DRC Corporate News Mining Personality 

Glencore Confirms Marie-Chantal Kaninda as DRC President and Promotes Two Congolese Executives

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Glencore Confirms Marie-Chantal Kaninda as DRC President and Promotes Two Congolese Executives Glencore has confirmed Marie-Chantal Kaninda in her role as President of Glencore DRC and announced the promotion of two Congolese executives as part of efforts to strengthen local leadership within its operations in the Democratic Republic of Congo. Kaninda has served as President of Glencore DRC since January 2023 and also chairs the board of Kamoto Copper Company (KCC).  She has more than 25 years of experience in the mining and extractive industries and previously served as Executive… Read More Here
Ghana Widens Lead as Africa’s Top Gold Producer 2 International Gold 

Ghana Widens Lead as Africa’s Top Gold Producer

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Ghana Strengthens Position as Africa’s Leading Gold Producer as Exports Rise Ghana is strengthening its position as Africa’s leading gold producer, widening its advantage over major West African rivals Mali and Burkina Faso as strong production and rising gold prices boost the value of its exports. Gold remains central to Ghana’s economy, accounting for the overwhelming majority of the country’s mineral export earnings and making the sector a critical source of foreign exchange, government revenue and investment. The country’s expanding lead comes as gold production across West Africa continues to… Read More Here
Barrick Appoints Sebastiaan Bock CEO, Rest of World 3 International Corporate News Mining Personality Press Release 

Barrick Appoints Sebastiaan Bock CEO, Rest of World

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Barrick Mining Corporation (NYSE:B)(TSX:ABX) today announced the appointment of Sebastiaan Bock as Chief Executive Officer, Rest of World, effective immediately. Mr. Bock will lead Barrick’s gold and copper operations and projects outside North America and will report to Mark Hill, President and Chief Executive Officer of Barrick. Barrick’s rest of world portfolio includes gold and copper assets across Africa, the Middle East, Latin America, and Asia Pacific. It produces more than two million gold equivalent ounces a year and is expected to grow by more than 20% over the next… Read More Here
FQM Partners with Banks to Expand Financing for Zambian Suppliers 4 Mining in Zambia Economy 

FQM Partners with Banks to Expand Financing for Zambian Suppliers

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FQM Partners with Five Banks to Improve Financing Access for Zambian Mining Suppliers First Quantum Minerals (FQM) has partnered with five commercial banks to improve access to financing for Zambian-owned companies supplying goods and services to the mining industry. The initiative has been welcomed by the Association of Mine Suppliers and Contractors, which says improved access to affordable credit could enable more local businesses to compete for contracts and expand their operations. FQM recently signed a memorandum of understanding with Zanaco, First National Bank (FNB), Absa, Stanbic Bank and Inde… Read More Here
Zambia Pushes Local Jobs, Procurement and Mining Opportunities in North-Western Province 5 Mining in Zambia 

Zambia Pushes Local Jobs, Procurement and Mining Opportunities in North-Western Province

Constance
Government Steps Up Support for Local Businesses and Small-Scale Miners in North-Western Zambia The Zambian Government is seeking to increase local participation in mining activities in North-Western Province by expanding opportunities for local employment, procurement and small-scale mining. Authorities have directed Kalengwa Mine to prioritise the employment of local people and increase the procurement of goods and services from Zambian suppliers. The Government is also encouraging greater participation of local people in mining activities at Kikonge Mine, including through increased access to mining licences. Small-scale miners are set to receive… Read More Here
Australian Miner AuKing Expands Into Malawi’s Rare Earths Sector 6 Rare Earth Minerals International 

Australian Miner AuKing Expands Into Malawi’s Rare Earths Sector

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AuKing Resources to Acquire Machinga Rare Earths Project as Malawi Attracts Critical Minerals Investment Australian mining company AuKing Resources is expanding its critical minerals portfolio in Malawi through an agreement to acquire the Machinga Heavy Rare Earths Project in the country’s south. The deal adds another rare earths asset to AuKing’s portfolio and highlights growing international interest in Malawi as demand for critical minerals accelerates globally. The Machinga project is located within one of Malawi’s prospective rare earths regions and has the potential to contribute to the country’s emerging position… Read More Here
Patriot Resources Begins Copper Exploration at New Mkushi Licence in Zambia 7 Mining in Zambia Copper Exploration New Mining Projects 

Patriot Resources Begins Copper Exploration at New Mkushi Licence in Zambia

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Patriot Resources Identifies Promising Copper Geology at New Zambia Exploration Licence Australian mining company Patriot Resources has completed its first site visit and reconnaissance geological mapping programme at a newly acquired exploration licence in Zambia’s Mkushi area, identifying geological features comparable to those associated with the Fishtie/Kashime copper deposit. Licence 33543-HQ-LEL covers approximately 16.15 square kilometres and is located about 12 km north of Mkushi, roughly 17 km along strike from the Fishtie/Kashime copper deposit. The mapping programme was conducted between July 31 and August 3, shortly after Patriot acquired… Read More Here
Kavango Begins Commissioning of Hillside Gold Processing Plant in Zimbabwe 8 International Corporate News Gold 

Kavango Begins Commissioning of Hillside Gold Processing Plant in Zimbabwe

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Kavango Starts Commissioning 50 TPD Hillside Gold Plant as Zimbabwe Production Nears Kavango Resources has begun commissioning its 50-tonne-per-day gold processing plant at the Hillside Gold Project in Zimbabwe, marking a major step towards commercial production. The London- and Victoria Falls-listed company has moved the project from construction into live processing, with ore sourced entirely from its Hillside operations. The plant is designed to process material through crushing, milling, gravity concentration and carbon-in-leach (CIL) circuits. Kavango has been progressively introducing gold-bearing material into the plant while optimising the processing circuit… Read More Here
DRC’s 20 MW Mbombo Hydropower Project Moves Closer to Construction 9 Mining in DRC Hydro power plant Infrastructural Development 

DRC’s 20 MW Mbombo Hydropower Project Moves Closer to Construction

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DRC’s 20.08 MW Mbombo Hydropower Project Advances as Financing Nears Close The Democratic Republic of Congo’s 20.08 MW Mbombo hydropower project has moved closer to construction following the signing of an engineering, procurement and construction (EPC) contract with India’s Angelique International Limited. The project, located near Kananga in Kasaï-Central Province, is being developed by the National Agency for Electrification and Energy Services in Rural and Peri-Urban Areas (ANSER). The plant will comprise four generating units of approximately 5.02 MW each. The EPC agreement, announced on August 4, represents another step… Read More Here
ARSP Tightens Subcontracting Checks at MMG Kinsevere to Protect Local Businesses 10 Mining in DRC Copper Corporate News Governance 

ARSP Tightens Subcontracting Checks at MMG Kinsevere to Protect Local Businesses

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DRC’s ARSP Intensifies Subcontracting Audits to Combat Front Companies in Mining The Subcontracting Regulatory Authority in the Private Sector (ARSP) has completed a compliance audit at MMG Kinsevere SARL in Haut-Katanga, as the regulator steps up efforts to ensure Congolese companies gain greater access to mining-sector subcontracting opportunities. ARSP Director General Beleshayi Kasanda Juan Ted said the authority is adopting a stronger approach to compliance monitoring, including closer examination of companies’ accounting records to identify potential front companies and other practices designed to circumvent subcontracting regulations. Focus on Subcontracting Compliance… Read More Here

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