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DRC's Abundant Mineral Wealth Takes Center Stage at Future Minerals Forum 2024 37 Mining in DRC Cobalt Copper Diamond 

DRC’s Abundant Mineral Wealth Takes Center Stage at Future Minerals Forum 2024

Constance
The Democratic Republic of Congo was highlighted at the Future Minerals Forum 2024 conference, which took place in Riyadh, Saudi Arabia. Dieudonné-Louis Tambwe, an expert in mining issues and the coordinator of the Technical Coordination and Mining Planning Unit (CTCPM), presented numerous investment opportunities in the DRC’s mining sector during the session dedicated to the country. In his speech, Dieudonné-Louis Tambwe highlighted the different metallogenic provinces and blocks of the DRC, as well as their characteristic minerals. In total, he mentioned eight blocks, each with specific mineral resources. These included… Read More Here
FQM Trident Advances Workplace Safety with Think! Champions 38 Mining in Zambia Copper Mine Safety Mining safety Safety & Health 

FQM Trident Advances Workplace Safety with Think! Champions

Constance
In a dedicated effort to enhance workplace safety, FQM Trident, a key player in the mining industry, has recognized and certified 24 employees who successfully completed a rigorous 10-day Trainer of Trainers’ Behavioural Enhancement Safety Programme. This initiative is part of the company’s ongoing commitment to empower its workforce with the skills to identify hazards, assess risks, and promote a safety-centric culture within the organization, guided by the THINK! acronym. The newly certified individuals were selected from various operational departments across Trident’s mining operations, reflecting the company’s holistic approach to… Read More Here
FQM to present initial preservation plan for Panama copper mine 39 Copper International 

FQM to present initial preservation plan for Panama copper mine

Constance
The Panama unit of Canadian miner First Quantum Minerals said Wednesday that it will present to government officials the first phase of its mine preservation plan on Jan 16, according to a statement, after its project was ordered closed last year. The Cobre Panama project, one of the world’s largest open-pit copper mines, was forced to shut down after Panama’s top court ruled that its contract was unconstitutional, following nationwide protests opposed to its continued operation. The plan should “ensure physical and chemical stability related to mining facilities and environmental… Read More Here
Ivanhoe Mines President Highlights Strategic Approach Amid Rising Interest in DRC Mining Success 40 Mining in DRC Copper 

Ivanhoe Mines President Highlights Strategic Approach Amid Rising Interest in DRC Mining Success

Constance
Ivanhoe Mines is cautious about entering new partnerships for discoveries in the Democratic Republic of Congo (DRC), despite heightened interest from industry peers, according to President Marna Cloete. The company, known for its success with the Kamoa Kakula joint venture, aims to avoid dilution and maintain control over its projects. While Ivanhoe Mines prepares for the second-quarter production start at its Kipushi zinc mine and plans to expand output at Kamoa Kakula, the company is actively exploring the Western Forelands region in the DRC’s south. Drill results from the Kitoko… Read More Here
Eurasian Resources Group and Thara Partner to Explore Cobalt Sulphate Refinery in Saudi Arabia 41 International Battery Metals Cobalt 

Eurasian Resources Group and Thara Partner to Explore Cobalt Sulphate Refinery in Saudi Arabia

Constance
Eurasian Resources Group (ERG), a diversified mining company, is actively pursuing the establishment of a refinery dedicated to processing cobalt hydroxide into cobalt sulphates – a key component in electric vehicle (EV) batteries. The move aims to bolster ERG’s position as a strategic supplier to the chemicals sector, particularly in the EV battery industry. ERG has identified Saudi Arabia as a potential location for the refinery and is collaborating with the investment platform Thara to explore and pursue this investment opportunity. Thara, focusing on unlocking Saudi Arabia’s Vision 2030 opportunities,… Read More Here
Saudi Arabia earmarks $182 mln for minerals exploration in mining push 42 International Exploration 

Saudi Arabia earmarks $182 mln for minerals exploration in mining push

Constance
 Saudi Arabia has established a $182 million mineral exploration incentive programme, a senior government official said last week, part of efforts to build an economy that does not rely mostly on oil. The kingdom is pushing to expand its mining sector and tap vast reserves of phosphate, gold, copper and bauxite. “This programme will de-risk investments in our exploration, securing to enable new commodities, green field projects and junior miners,” Minister of Industry and Mineral Resources Bandar Alkhorayef said, speaking at the Future Minerals Forum. Deals worth 75 billion riyals… Read More Here
DRC's Deputy Minister of Mines Collaborates with ADEX Platform AG and CEEC to Boost Local Diamond Processing 43 Mining in DRC Diamond 

DRC’s Deputy Minister of Mines Collaborates with ADEX Platform AG and CEEC to Boost Local Diamond Processing

Constance
The Congolese Deputy Minister of Mines, Godard Motemona, hosted a delegation from ADEX Platform AG and the Center for Expertise, Evaluation, and Certification of Precious and Semi-Precious Mineral Substances (CEEC) this last. The meeting centered on the November 2023 agreement between ADEX and CEEC, focusing on establishing a local diamond-cutting unit for diamonds produced in the DRC before export. The ministry disclosed on January 10 that local authorities would provide support for the collaborative effort between ADEX and CEEC. The agreement aims to create a joint company, and a roadmap… Read More Here
Licoco Commends Primera Gold SA for Advancing Gold Supply Chain Traceability 44 Mining in DRC Gold 

Licoco Commends Primera Gold SA for Advancing Gold Supply Chain Traceability

Constance
The Congolese Anti-Corruption League (LICOCO) congratulates the company Primera Gold DRC SA for “its efforts to publish all its suppliers and mining sites which constitute its supply chain of Gold from artisanal mining”.  Licoco says that these elements are provided in the letter from Primera Gold DRC SA N/Ref. : PG-DRC/DG/JK/BBC/272/2023 of November 1, 2023 addressed to the United Nations Group of Experts. In a press release received on Wednesday, January 10, 2024 the anti-corruption platform encourages the Congolese State Portfolio company to “also publish the taxes, fees, royalties and other… Read More Here
Gold continues to rise this week from January 8 to 13, 2024 in DRC 45 Mining in DRC Gold 

Gold continues to rise this week from January 8 to 13, 2024 in DRC

Constance
The majority of mining export products from the DRC in this week of January 8 to 13, 2024 are on the rise, according to forecasts from the National Mercuriales Commission of the Ministry of Foreign Trade. Gold showed an improvement this week to 66.82 USD per gram against 66.38 USD per gram last week, an increase of 0.44 USD. Tantalum is also up this week at 238.5 USD per kg against 211. USD per kg last week, giving a positive price difference of 5 USD. Zinc also shows an upward… Read More Here

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