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DRC - Patrick Muyaya Reappointed as Minister of Communication and Media 1 Mining in DRC Governance 

DRC – Patrick Muyaya Reappointed as Minister of Communication and Media

Constance
Patrick Muyaya has been reappointed as Minister of Communication and Media in the Suminwa Government. Muyaya is one of the few ministers who have served through the Sama I, Sama II, and now Suminwa administrations. Initially appointed in the Sama I Government, Muyaya brought a vision of changing the narrative by enhancing the country’s image nationally and internationally through strategic institutional communication. As the government spokesperson, he aimed to present the Democratic Republic of Congo (DRC) in a positive light. During his second term in the Sama II Government, Muyaya… Read More Here
Kizito Pakabomba Appointed Minister of Mines in New Congolese Government 2 Mining in DRC Governance 

Kizito Pakabomba Appointed Minister of Mines in New Congolese Government

Constance
Kizito Pakabomba has been appointed Minister of Mines in the new government of Prime Minister Judith Suminwa Tuluka. In his first statement, Pakabomba expressed his gratitude and commitment: “I am deeply honored to have been appointed Minister of Mines. I give thanks to the Lord God. I thank the President of the Republic and the Prime Minister for their trust. I am determined to serve our country with dedication and integrity.” Pakabomba brings over 20 years of international experience in the oil and energy sector, primarily with the TOTAL Group… Read More Here
ARSP CEO Reaffirms Subcontracting Authority Against GECAMINES Interference 3 Mining in DRC Governance 

ARSP CEO Reaffirms Subcontracting Authority Against GECAMINES Interference

Constance
In a letter addressed to the General Director of GECAMINES SA, CEO Miguel Kashal Katemb of the Regulatory Authority for Subcontracting in the Private Sector (ARSP) responded to an attempt by GECAMINES to obstruct recommendations for subcontractors to Tenke Fungurume Mining (TFM). Katemb emphasized ARSP’s legal authority in promoting local entrepreneurs. “As a commercial company operating in the mining sector, GECAMINES SA’s corporate purpose includes prospecting, research, and exploitation of mineral deposits, processing of mineral substances, and their marketing. GECAMINES SA has no particular prerogative to manage subcontracting activities in… Read More Here
Gemfields Earns $35 Million from Rough Emerald Auction 4 Mining in Zambia Gemstones 

Gemfields Earns $35 Million from Rough Emerald Auction

Constance
Gemfields Group, a miner and marketer of colored gemstones, generated total revenue of $35 million from an auction of higher-quality rough emeralds held from May 13 to 30. The rough emeralds auctioned were extracted by Kagem, a mine 75% owned by Gemfields and 25% by the Industrial Development Corporation of Zambia. Out of 46 lots offered, 43 were sold, achieving an average price of $167.51 per carat. “We are very pleased to report robust auction results despite slightly softer market conditions. Today’s result demonstrates that both demand and willingness to… Read More Here
Fortescue’s hydrogen-powered Liebherr T 264 haul truck prototype drives on hydrogen for first time 5 International Mining Equipment 

Fortescue’s hydrogen-powered Liebherr T 264 haul truck prototype drives on hydrogen for first time

Constance
Fortescue’s hashtag#hydrogen-powered hashtag#miningtruck prototype, dubbed ‘hashtag#Europa’ has reached the significant milestone of having operated off hydrogen for the first time. This development marks a major step in hashtag#Fortescue’s mission to decarbonise heavy industry as well as the company’s partnership with Liebherr Mining. Both companies are present at hashtag#TheElectricMine 2024 this week at Crown Perth with large delegations and the progress being made with this hashtag#zeroemissions truck program was a subject of discussion. Delivered in collaboration with Liebherr Group, Europa is a hashtag#T264 Liebherr haul truck and contains a 1.6 MWh… Read More Here
Economic Growth in Benguela Boosted by Lobito Refinery and Corridor Projects 6 Transport and Logistics International 

Economic Growth in Benguela Boosted by Lobito Refinery and Corridor Projects

Constance
The construction of the Lobito Refinery and the operationalization of the Lobito Corridor are attracting significant investor interest in Benguela, driving the province’s economic growth. This was highlighted by Adilson Gonçalves, the Vice-Governor for the Technical Sector and Infrastructures, during his remarks on the success of the Benguela International Fair (FIB) held from last Wednesday to Sunday. Preliminary figures from the 13th Benguela International Fair, presented to Jornal de Angola by Bruno Albernaz, President of the Board of Directors of Grupo Arena (the event organizers), indicate a turnover of four… Read More Here
JSW Steel to Acquire Majority Stake in Mozambique's Minas de Revuboe 7 International Coal 

JSW Steel to Acquire Majority Stake in Mozambique’s Minas de Revuboe

Constance
Indian multinational JSW Steel has approved the acquisition of Minas de Revuboe (MDR), a mining company in Mozambique’s central province of Tete, to secure high-quality coking coal for steel production. JSW Steel’s subsidiary, JSW Natural Resources Limited, will purchase a 92.19 percent equity stake and shareholder loans of MDR for $73.75 million, as reported by the Indian news agency IANS. This acquisition will provide JSW Steel access to premium hard-coking coal reserves in the Moatize Basin, a significant coal-producing region in Tete. The acquisition is subject to approval from Mozambique’s… Read More Here
DRC Prime Minister Judith Suminwa Tuluka Announces New Govt Team 8 Governance Mining in DRC 

DRC Prime Minister Judith Suminwa Tuluka Announces New Govt Team

Constance
The Prime Minister of the Democratic Republic of Congo (DRC), Judith Suminwa Tuluka, now has her government team. With fifty-five (55) members, the Suminwa Government has 17 women within it, or 31% of the total workforce. Indeed, the new team of the Central Government of the DRC is distributed as follows: 6 Deputy Prime Ministers, 10 Ministers of State, 24 Ministers, 4 Deputy Ministers and 10 Deputy Ministers. Here is the complete list of members of the Suminwa Government: I. Deputy Prime Ministers 1. Deputy Prime Minister, Minister of the… Read More Here
Tshisekedi appoints 31% women to the Suminwa Government 9 Mining in DRC Governance 

Tshisekedi appoints 31% women to the Suminwa Government

arnbethnic
The Suminwa Government has seventeen (17) women out of a total of fifty-five (55) members, representing a representation of around 31%. Apart from the vice-prime office, women are represented in each category of positions in the new Government of the Democratic Republic of Congo (DRC The Suminwa Government has seventeen (17) women out of a total of fifty-five (55) members, representing a representation of around 31%. Apart from the vice-prime office, women are represented in each category of positions in the new Government of the Democratic Republic of Congo (DRC)… Read More Here
Doudou Fwamba replaces Nicolas Kazadi at the Ministry of Finance 10 Mining in DRC Governance 

Doudou Fwamba replaces Nicolas Kazadi at the Ministry of Finance

Constance
The recent upheaval in the Sama II Government has led to significant changes in key ministerial positions. Notably, Nicolas Kazadi has been replaced by Doudou Fwamba as Minister of Finance. Meanwhile, Aimé Boji Sangara, the Minister of State and Minister of Budget, retains his position, with the National Economy portfolio now entrusted to Professor Daniel Mukoko Samba. Among the survivors from the previous government are Jean-Lucien Busa, Patrick Muyaya, Guy Loando, and Jean-Pierre Lihau. Patrick Muyaya remains at the Ministry of Communication and Media, while Jean-Pierre Lihau has been reappointed… Read More Here

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