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Kibali Gold Mine Sets Benchmark for Sustainable and Automated Mining 1 Mining in DRC Electricity Gold Press Release 

Kibali Gold Mine Sets Benchmark for Sustainable and Automated Mining

Constance
KINSHASA, DEMOCRATIC REPUBLIC OF CONGO – Kibali, the largest gold mine in Africa, is now also one of the greenest mines on the African continent, Barrick president and chief executive Mark Bristow told media at a briefing on Monday January 29th. Much of the electricity that drives Kibali is already supplied by its three hydropower stations. Once the mine’s new 16 megawatt solar plant and additional battery energy storage infrastructure, designed to back up the hydropower supply during the region’s dry season, are commissioned, it is expected the mine’s overall renewable electricity… Read More Here
Kenya Confirms Coltan Discovery 2 International 

Kenya Confirms Coltan Discovery

Constance
Kenya has announced the discovery of its first deposits of the strategic mineral coltan. Reserves have been found across six counties, with the full scope and value of the deposits yet to be confirmed. The government is proceeding with ground evaluation in order “to assess the economic value of that particular mineral,” stated Kenya’s Minister of Mining, Blue Economy and Maritime Affairs, Salim Mvurya. He added that the discovery has the potential to contribute to job creation and the expansion of Kenya’s mining industry. A crucial mineral used in manufacturing… Read More Here
Secretary of State Blinken Discusses Lobito Corridor in Luanda 3 Economy International 

Secretary of State Blinken Discusses Lobito Corridor in Luanda

Constance
Secretary of State, Anthony Blinken, visited Angola on January 24 and 25th of 2024 to further discuss and develop the numerous bilateral agreements made during the 2023 US-Africa Leaders summit in Washington, DC. At a news conference in Luanda with his Angolan counterpart, Foreign Minister Tete Antonio, Blinken mentioned the Lobito Corridor: “I had a chance today to see some of the dramatic progress that’s already been made in building out this corridor. It is moving faster and further I think that we might have imagined.” According to the official press… Read More Here
Lobito Atlantic Railway Assumes Control of Benguela Railway Operations 4 Transport and Logistics Angola Mining in DRC Mining in Zambia 

Lobito Atlantic Railway Assumes Control of Benguela Railway Operations

Constance
In a significant development reported on January 25, the Lobito Atlantic Railway S.A. officially assumed operational control of the Benguela Railway, a pivotal rail infrastructure within the Lobito Corridor. The inaugural departure of the first two trains was sanctioned at 5:00, with the Board of Directors of the Caminho de Ferro de Benguela in attendance, as shared on Vecturis’ LinkedIn page. The Lobito Atlantic Railway S.A. represents a collaborative joint venture involving Trafigura, Mota-Engil, and Vecturis, tasked with managing the primary railway concession integral to the Lobito Corridor. A key… Read More Here
Rio Tinto Strengthens Mining Ties with Angola through Second Investment Contract 5 International Cobalt Copper Exploration 

Rio Tinto Strengthens Mining Ties with Angola through Second Investment Contract

Constance
On January 17, 2024, Rio Tinto, the prominent English-Australian mining company, formalized a significant mining investment contract with the Angolan Ministry of Mineral Resources, Oil, and Gas in Luanda. The lucrative $5.7 million USD deal encompasses a 35-year exploratory license for the Moxico Concession, spanning an extensive 9,987 square kilometers (3,856 square miles). Rio Tinto’s exploration efforts will focus on uncovering base metals, including copper, zinc, cobalt, and titanium, according to the company’s official statement. The contractual agreement initiates a dedicated five-year prospecting phase, with the potential for a two-year… Read More Here
All-American Rail Group Inks MOU to Assist Angola to Extend Northern Corridor Rail to DRC 6 Mining in DRC Angola Transport and Logistics 

All-American Rail Group Inks MOU to Assist Angola to Extend Northern Corridor Rail to DRC

Constance
On December 9, 2023, the All-American Rail Group (“AARG”) codified its commitment to provide advisory services to Angola’s rail and infrastructure development through the signing of a Memorandum of Understanding (“MOU”) with Angola’s Ministry of Transport. The entire Lobito Corridor project is valued at $4.5 billion and includes infrastructure through more than 340 kilometers (i.e., 830 miles) of land through Angola, the DRC and Zambia. This MOU is related to the Angola portion of the track between Luanda, Angola’s capital, and the Democratic Republic of Congo’s (DRC) southern city of… Read More Here
Sicomines Contract Renegotiation: Two Possible Scenarios Post-Amendment Compliance, IGF Analysis 7 Mining in DRC Environment Social Governance (ESG) Governance 

Sicomines Contract Renegotiation: Two Possible Scenarios Post-Amendment Compliance, IGF Analysis

arnbethnic
After the renegotiations of the Sicomines contract signed in 2008, described as leonine by some, a memorandum of understanding in the form of an amendment was signed between the government of the Democratic Republic of Congo and the Chinese Enterprise Group (GEC). In this memorandum of understanding revealed by the General Inspectorate of Finance (IGF) Friday January 27, 2024 in the presence of civil society organizations, the DRC was able to obtain 7 billion dollars for the construction of national roads due to 324 million dollars per year and 624 million… Read More Here
The FEC want to extend subcontracting to private sector entrepreneurs operating in all provinces  in DRC 8 Mining in DRC Environment Social Governance (ESG) Governance 

The FEC want to extend subcontracting to private sector entrepreneurs operating in all provinces  in DRC

arnbethnic
The Congolese authorities exchanged, on Tuesday, January 23, 2024, with members of support institutions, in particular the Federation of Congolese Enterprises (FEC) and the Regulatory Authority for Subcontracting in the Private Sector (ARSP) . Their discussions focused mainly on the possibilities of extending subcontracting in all twenty-six (26) provinces of the Democratic Republic of Congo. The meetings were led by Désiré M’Zinga, Minister of Entrepreneurship, Small and Medium Enterprises. “We had discussions with the delegation of the Federation of Companies of Congo (FEC) and the regulatory authority for subcontracting in the private… Read More Here
Who should be responsible for addressing Africa's logistical infrastructure challenges? 9 Events & Expos International Sponsored Content 

Who should be responsible for addressing Africa’s logistical infrastructure challenges?

Constance
For decades – one of the greatest challenges to the development of Africa’s mining industry can largely be attributed to limited infrastructure, including power, water supply, and importantly, roads and rail.  Addressing Africa’s logistical infrastructure challenges could unlock economic benefits, including increased investment in mining, improved transportation networks, increased export capabilities and increased revenue and job creation, while also benefiting other sectors like manufacturing and construction. “Through Mining Indaba’s Disruptive Discussions format in 2024, taking place on the Disruptive Discussions Main Stage, we are no longer merely acknowledging the problem, we… Read More Here
Families of Trapped Zambian Miners to Receive Financial Aid as Rescue Efforts Intensify 10 Mining in Zambia Mine Safety Mining safety 

Families of Trapped Zambian Miners to Receive Financial Aid as Rescue Efforts Intensify

Constance
Copperbelt Minister Elisha Matambo announced financial aid of k15,000 Kwacha for families of the five Zambian miners trapped at Macrolink Mine. Emphasizing it as logistical support, not compensation, Matambo expressed the government’s eagerness to conclude the rescue mission swiftly. Mine Safety Department Principal Inspector Yoram Chulu provided updates on overcoming initial challenges, including addressing water pumping issues. While preliminary measures have been completed, challenges persist with an unattended aquifer burst and concerns about shaft stability. The rescue team successfully sent a camera 150 meters into the shaft for further assessment. Read More Here

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