Breaking News
Tshisekedi appoints 31% women to the Suminwa Government 1 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 2 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 Notably, Nicolas Kazadi has been replaced by Doudou Fwamba as Minister of Finance.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
Mayor of Mbuji-Mayi Cracks Down on Illegal Diamond Mining in Residential Areas 3 Mining in DRC Artisanal mining Diamond 

Mayor of Mbuji-Mayi Cracks Down on Illegal Diamond Mining in Residential Areas

Constance
In Mbuji-Mayi, the capital of the Kasaï-Orientale province in the Democratic Republic of Congo (DRC), an old practice has resurfaced: artisanal miners are digging for diamonds in residential plots. The consequences of such mining have prompted the town’s mayor to issue a stern warning to those involved. After conducting a raid, Jean-Marie Lutumba, Mayor of Mbuji-Mayi, condemned the illicit exploitation, which is reportedly occurring with the complicity of certain members of the FARDC (Armed Forces of the DRC) and the police. “I have invited the head of the hydro mine… Read More Here
First Female DRC Mines Minister Antoinette N'Samba Kalambayi Dismissed After Three Years 4 Mining in DRC Governance Mining Personality 

First Female DRC Mines Minister Antoinette N’Samba Kalambayi Dismissed After Three Years

Constance
After three years at the helm of the Democratic Republic of Congo’s (DRC) mines ministry, Antoinette N’Samba Kalambayi has been dismissed from her position. She was the first woman to hold this significant role since the DRC gained national and international sovereignty. “With all my heart, I thank you, Excellency Félix Antoine Tshisekedi Tshilombo, President of the Republic, Head of State, for the trust placed in me over the last three years, especially for making me the first female Minister of Mines,” she wrote in a message on her X… Read More Here
Head of Codelco’s Chuquicamata mine to leave company 5 International 

Head of Codelco’s Chuquicamata mine to leave company

Constance
The head of Codelco’s Chuquicamata copper mine, Christian Caviedes, will step down from his role on Friday, the state copper producer said in a filing on Thursday. He will be replaced on an interim basis by the mine’s operations manager, Rene Galleguillos. Codelco is currently undertaking a $5 billion project to transform the open-pit mine into an underground operation. SOURCE:mining.com Read More Here
New Govt Appointed in DRC, Ending Months of Political Uncertainty 6 Mining in DRC Governance 

New Govt Appointed in DRC, Ending Months of Political Uncertainty

Constance
KINSHASA – The Democratic Republic of Congo has appointed a new government, spokesperson Tina Salama announced early Wednesday, concluding months of political deadlock. President Felix Tshisekedi secured a second term in the late 2023 elections, which also granted his Sacred Union coalition a significant majority in parliament. However, internal competition for cabinet positions delayed the formation of the new government. On April 1, Tshisekedi appointed Judith Suminwa as Congo’s first female prime minister, and on May 22, his former chief of staff Vital Kamerhe was named parliament speaker, clearing the… Read More Here
Glencore to Consult Shareholders on Future of Coal Business Post Teck Resources Acquisition 7 International Coal 

Glencore to Consult Shareholders on Future of Coal Business Post Teck Resources Acquisition

Constance
Glencore will begin consulting with shareholders regarding the future of its coal business once its deal to acquire Teck Resources’ coal mines is finalized later this year. Crucially, Glencore has indicated that if a majority of shareholders support retaining its coal mines, the company will not proceed with a vote on the matter. Glencore’s coal division has been one of its most profitable segments, driving record returns in recent years. The plan to exit fossil fuels and list a new company in New York marked a significant strategic shift under… Read More Here
Xtract Resources Expands Copper Exploration Joint Venture in Zambia 8 Mining in Zambia Copper Exploration New Mining Projects 

Xtract Resources Expands Copper Exploration Joint Venture in Zambia

Constance
London-listed Xtract Resources has announced an addendum to its joint venture (JV) agreement with consulting firm Cooperlemon Consultancy, significantly expanding their copper exploration efforts in Zambia. This expansion incorporates three additional large-scale exploration licenses in northwest Zambia into the existing JV framework. Previously, the JV focused on large-scale exploration licenses 29123-HQ_LEL and 30459-HQ-LEL, both situated in northwest Zambia. These licenses, along with the newly added ones, lie within the Western Foreland geological district, home to the Kamoa-Kakula deposit, and the central fold and thrust belt. Combined, the five licenses cover… Read More Here
Barrick Gold Confirms Porgera Mine Operations Unaffected by Massive Landslide in Papua New Guinea 9 International Gold 

Barrick Gold Confirms Porgera Mine Operations Unaffected by Massive Landslide in Papua New Guinea

Constance
Barrick Gold announced on Monday that the Porgera Mine in Papua New Guinea remains fully operational and has sufficient fuel supplies for 40 days, despite a massive landslide in Enga province. The landslide, which buried over 2,000 people according to the government, has created treacherous conditions that are hindering aid efforts and diminishing hopes of finding survivors. The Porgera Mine, an underground gold mine, is operated by Barrick Gold in partnership with China’s Zijin Mining and stakeholders from Papua New Guinea. The mine resumed operations earlier this year following a… Read More Here
SwissAid Report Highlights Massive Gold Smuggling from Africa to UAE 10 International Gold 

SwissAid Report Highlights Massive Gold Smuggling from Africa to UAE

Constance
Billions of dollars worth of gold are smuggled out of Africa every year, with most of it exported to the United Arab Emirates (UAE) for processing, according to a report by SwissAid. The Bern-based non-governmental organization analyzed declared and undeclared gold imports over a ten-year period ending in 2022. They estimate that the illicit trade amounts to between $23.7 billion and $35 billion annually based on current market prices. In 2022 alone, more than 435 tons of gold were smuggled out of Africa. The revenue from this illegal trade fuels… Read More Here

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

Copperbelt Katanga Mining will use the information you provide on this form to be in touch with you and to provide updates and marketing.