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DRC Minister of Mines & Jean-Jacques Purusi Take Action Against Foreign Involvement in Mining Sites 20 Mining in DRC Governance 

DRC Minister of Mines & Jean-Jacques Purusi Take Action Against Foreign Involvement in Mining Sites

Constance
The presence of foreigners in Congolese mines took center stage during a strategic meeting on November 19, which brought together the Minister of Mines, Kizito Pakabomba, and South Kivu’s governor, Jean-Jacques Purusi. The discussions focused on addressing the challenges and opportunities in this resource-rich region while emphasizing the enforcement of Congolese mining laws. Both officials underscored the necessity of a robust legal framework to ensure that natural resource exploitation adheres to established regulations. Their joint efforts aim to curb illegal activities and strengthen compliance with the country’s mining code. Separately,… Read More Here
Strengthening Zambia’s Economy with Reliable Power Solutions Across Sectors 21 Sponsored Content Electricity Mining in Zambia 

Strengthening Zambia’s Economy with Reliable Power Solutions Across Sectors

Constance
Zambia’s ongoing energy crisis presents a significant challenge to economic stability, impacting the productivity and viability of key sectors, including manufacturing, mining, agriculture, and commercial enterprises. Frequent power outages disrupt critical operations, reduce output, and hinder economic growth. Recognising the need for dependable power solutions, DGC Africa has formed a joint venture with Talisman Hire to establish Talisman Hire Kitwe. This collaboration offers both generator rentals and sales to provide businesses with reliable, adaptable power solutions that mitigate the impacts of the country’s energy shortages, helping sustain essential operations across… Read More Here
Jean-Lucien Busa Highlights Strategic Impact of Kipushi Mine Revival in DRC 22 Mining in DRC New Mining Projects Zinc 

Jean-Lucien Busa Highlights Strategic Impact of Kipushi Mine Revival in DRC

Constance
During the inauguration of the Kipushi Company (KICO) zinc production plant in Kipushi, Haut-Katanga, Minister of Portfolio Jean-Lucien Busa underscored the project’s strategic importance to the Democratic Republic of Congo’s (DRC) economy. This partnership between state-owned Gécamines and Ivanhoe Mines positions the DRC as Africa’s top zinc producer and strengthens the government’s economic influence. “This initiative makes the DRC the leading zinc producer in Africa and boosts the State portfolio, enhancing its assets, capacities, and influence within the Congolese economy,” Minister Busa remarked. He praised President Félix Tshisekedi’s vision, reflected… Read More Here
Zimbabwe's Cost-Reflective Tariffs Drive Energy Investments Amid Power Crisis 23 International Electricity 

Zimbabwe’s Cost-Reflective Tariffs Drive Energy Investments Amid Power Crisis

Constance
Zimbabwe’s adoption of cost-reflective tariffs has triggered a surge in energy sector investments aimed at alleviating the nation’s ongoing power shortages. Since the tariff adjustment in December 2023, energy projects totaling 3,000 MW are under development, according to Zimbabwe Electricity Supply Authority (ZESA) chairperson Sydney Gata. “Immediately after the tariffs were corrected, we engaged industry, particularly mining, encouraging them to invest in electricity infrastructure,” Gata said at an energy summit in Victoria Falls. Miners were urged to take responsibility for their energy needs instead of relying on government subsidies. “To… Read More Here
Zambia's Govt Reaffirms Commitment to Mining Sector Growth Amid Strong Copper Production 24 Mining in Zambia Copper 

Zambia’s Govt Reaffirms Commitment to Mining Sector Growth Amid Strong Copper Production

Constance
Zambia’s government has reiterated its commitment to creating a favorable investment climate in the mining sector, citing impressive increases in copper production as evidence of the success of its policies, according to Canadian miner First Quantum Minerals (FQM). This affirmation followed a recent visit by government officials, including the Ministers of Finance, Mines, Information, and Labour, to FQM’s Kansanshi and Trident mining operations. The visit underscored a significant rise in copper production, which is helping Zambia move closer to its ambitious target of producing 3 million tons of copper annually… Read More Here
Peru's Copper Production Declines 1.2% in September Amid Output Slumps from Top Miners 25 International Copper 

Peru’s Copper Production Declines 1.2% in September Amid Output Slumps from Top Miners

Constance
Peru’s copper production fell by 1.2% in September, reaching 232,423 metric tons, compared to the same month last year, according to the Ministry of Energy and Mines. Copper is a key industry in Peru, one of the world’s largest producers, which generated 2.76 million tons in 2023. The drop in output was largely driven by decreased production from Peru’s two largest copper miners: Cerro Verde, controlled by Freeport-McMoRan, and Antamina, jointly controlled by Glencore and BHP. Output from both mines declined by 11% and 6.7%, respectively, year-on-year. From January to… Read More Here
Zambia and Zimbabwe Urged to Diversify Energy Sources Amid Kariba Dam Crisis 26 Mining in Zambia Electricity 

Zambia and Zimbabwe Urged to Diversify Energy Sources Amid Kariba Dam Crisis

Constance
A significant drop in water levels at the world’s largest man-made reservoir, the Kariba Dam, has left Zambia and Zimbabwe without power for hours, underscoring the need for both countries to diversify their energy sources, according to Zambia’s Energy Minister Makozo Chikote. “The over-dependence on hydropower has exposed the vulnerability of our energy mix,” Chikote said. “This has been a wake-up call, prompting us to consider alternative energy sources,” he added during an energy summit in Victoria Falls on Monday. The Kariba Dam, which provides the majority of electricity to… Read More Here
BHP CEO Mike Henry Foresees $250 Billion Copper Investment to Drive Industry Mergers 27 International Copper Mergers & Acquisitions Mining Personality 

BHP CEO Mike Henry Foresees $250 Billion Copper Investment to Drive Industry Mergers

Constance
Soaring demand for copper will require an estimated $250 billion of investment over the next decade, fueling further mergers in the industry, according to BHP Group Ltd. CEO Mike Henry. In a Bloomberg Television interview, Henry highlighted the increasing challenges in finding and developing new deposits of critical minerals, which are becoming more costly and technically complex to manage. “This suggests a trend toward consolidation, with companies that have scale, strong balance sheets, and deep technical expertise, like BHP, being well-positioned to lead in the decades ahead,” Henry stated. Copper… Read More Here
Abu Dhabi’s IRH Eyes Stake in Alphamin Tin Operations 28 International Corporate News Tin 

Abu Dhabi’s IRH Eyes Stake in Alphamin Tin Operations

Constance
Abu Dhabi’s International Resources Holding (IRH) is exploring an indirect stake in Alphamin, a Toronto- and Johannesburg-listed tin miner, according to a report by Bloomberg News. This potential investment would further expand IRH’s growing portfolio of mining interests. Alphamin’s majority shareholder, Denham Capital, which holds 57% of the company, is reportedly considering transferring its stake into an investment vehicle that could involve IRH. Alphamin operates the Bisie tin mine in the Democratic Republic of Congo, which is undergoing an expansion to produce approximately 20,000 tons of tin annually—accounting for about… Read More Here
Glencore Tests Advanced Leaching Technology to Boost Copper Extraction in Chile 29 International Copper 

Glencore Tests Advanced Leaching Technology to Boost Copper Extraction in Chile

Constance
Glencore Plc is advancing a groundbreaking extraction technology at its Lomas Bayas copper mine in northern Chile, aiming to increase yields from low-grade ore. This initiative reflects the mining industry’s push to enhance productivity amidst declining ore quality and growing demand for copper in global electrification efforts. After two years of successful laboratory trials, Glencore and Ceibo, a Chilean startup backed by BHP Group, announced the commencement of large-scale on-site testing of Ceibo’s innovative leaching process. The partners have not disclosed investment figures for the project. Ceibo joins companies like… Read More Here

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