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Angola's electric vehicle fleet grows 100% in 2024 21 International Battery Metals 

Angola’s electric vehicle fleet grows 100% in 2024

Constance
The Angolan fleet of electric cars grows 100 percent, from two thousand cars this year to four thousand in 2024, according to projections by the executive president of CVE Angola, a company that, a week ago, on Saturday, 9, opened, in Luanda, the first charging point for electromotorized vehicles. Adilson Matoso, in a discussion with Jornal de Angola, shared insights from his market study aimed at launching charging points in Angola. According to his findings, after the influx of two thousand Chinese vehicles, an additional two thousand are expected from… Read More Here
Angola: US Invests $2B, Signals Growing Bilateral Cooperation 22 International 

Angola: US Invests $2B, Signals Growing Bilateral Cooperation

Constance
Last month, US President Joe Biden met with Angolan President João Lourenço in Washington D.C. to pledge support for Angola’s development and identify new areas for collaboration. The state visit was a milestone in bilateral relations between the two countries, cementing Angola’s position as a strategic ally to the US and indicating new flows of US capital and technology into the southern African country.  According to President Biden, the US has committed over one billion dollars to fund solar power, bridges and telecommunications infrastructure in the southern African country, while… Read More Here
Billionaire Mining Magnate Friedland Says $15,000-a-Ton Copper Needed to Spur New Mines 23 International Copper Mining Personality 

Billionaire Mining Magnate Friedland Says $15,000-a-Ton Copper Needed to Spur New Mines

Constance
Copper prices need to nearly double in order to prompt mining companies to build costly mines to meet rising demand for critical materials, according to billionaire Robert Friedland. The mining magnate said that forecasts of copper prices reaching $9,000 a metric ton next year isn’t enough to stimulate the industry to take on risks of building huge, capital intensive mines, especially in Latin America. “We probably need about $15,000 a ton, stable for a long period of time, before the industry can really gear up and build those giant mines,” Ivanhoe… Read More Here
How Can Africa Benefit from its Critical Minerals? (By NJ Ayuk) 24 Opinion Battery Metals International 

How Can Africa Benefit from its Critical Minerals? (By NJ Ayuk)

arnbethnic
Africa holds more than half of the world’s reserves of cobalt, 46% of its manganese, and 21% of its graphite, all used in EV batteries, and about a quarter of its bauxite, which is required for solar photovoltaic technologies To meet their green agendas, the European Union, United States, and China are engaged in the modern-day equivalent of a gold rush. This time, though, fortune seekers aren’t panning for shiny nuggets in Canada, America, or Australia. Instead, all eyes are on the critical minerals of Africa — cobalt, graphite, lithium,… Read More Here
𝗕𝗔𝗧𝗦𝗪𝗔𝗡𝗔 𝗖𝗢𝗡𝗦𝗢𝗥𝗧𝗜𝗨𝗠 𝗖𝗟𝗜𝗡𝗖𝗛𝗘𝗦 𝗠𝗜𝗡𝗘𝗥𝗚𝗬 𝗠𝗜𝗡𝗜𝗡𝗚 𝗖𝗢𝗡𝗧𝗥𝗔𝗖𝗧 25 International Coal Energy 

𝗕𝗔𝗧𝗦𝗪𝗔𝗡𝗔 𝗖𝗢𝗡𝗦𝗢𝗥𝗧𝗜𝗨𝗠 𝗖𝗟𝗜𝗡𝗖𝗛𝗘𝗦 𝗠𝗜𝗡𝗘𝗥𝗚𝗬 𝗠𝗜𝗡𝗜𝗡𝗚 𝗖𝗢𝗡𝗧𝗥𝗔𝗖𝗧

Constance
A consortium of Botswana citizen companies under the auspices of Meropa Resources has been appointed mining contractor at Masama Coal Mine in Medie, Minergy announced. In a notice to the market , Minergy Coal Limited said on Thursday 14 December 2023 that Meropa Resources has been appointed as the mining contractor for the company ‘ s coal mining operation. The Botswana Stock Exchange listed coal miner said the appointment of Meropa follows a rigorous vetting and extensive negotiation process which seeks to entrench operational efficiencies and anchor Masama Coal Mine… Read More Here
Zambia's Ministry of Mines Launches Revolutionary Self-Service Online Mining Cadastre System 26 Mining in Zambia Mining technology Technology & Innovation 

Zambia’s Ministry of Mines Launches Revolutionary Self-Service Online Mining Cadastre System

Constance
In a groundbreaking move towards modernization and efficiency in the mining sector, the Government of the Republic of Zambia, under the leadership of the Ministry of Mines and Minerals Development, has introduced the Self-Service Online Mining Cadastre System (SSOMCS). Unveiled at the Hilton Hotel in Kinshasa on December 11, 2023, this digital platform marks a significant step in streamlining mining license applications and processes. Developed in partnership with Smart Zambia and the Spatial Dimension Team, SSOMCS offers a user-friendly online platform to streamline mining license applications and management. Dr. Hapenga… Read More Here
DRC Battery Council Charts Ambitious Path to Battery Value Chain Integration 27 Mining in DRC Battery Metals 

DRC Battery Council Charts Ambitious Path to Battery Value Chain Integration

Constance
The Congolese Battery Council (CCB) unveiled its year-long vision at Kinshasa’s Hilton Hotel on December 11, 2023, following its formation in December 2022. This significant event gathered industry experts, government officials, and investors to outline the council’s mission. Established with a purpose to attract investments, foster innovation, and develop technology for processing strategic minerals, the CCB is dedicated to supporting the electric battery industry. By ensuring a consistent supply of raw materials to battery manufacturers, the council aims to align with President Félix-Antoine Tshisekedi’s vision for local integration of battery… Read More Here
Loncor Gold Sells Makapela Property in the DRC 28 Mining in DRC Gold 

Loncor Gold Sells Makapela Property in the DRC

Constance
Loncor Gold, a Canadian gold exploration firm, has finalized a deal to sell its Makapela property in the Democratic Republic of Congo (DRC) for C$13.5 million in cash. The transaction structure involves a series of progressive payments, starting with an initial C$2 million deposit. CEO John Barker highlighted that Loncor had explored various partnerships over the past 18 months, some of which could have led to considerable equity dilution. However, the sale of the non-core Makapela property is viewed as an opportunistic means to secure significant non-dilutive financing. Barker emphasized… Read More Here
Zambia Tops Global Emerald Production but Faces Local Industry Dilemma 29 Mining in Zambia Diamond Emeralds Precious Stones 

Zambia Tops Global Emerald Production but Faces Local Industry Dilemma

Constance
Amidst Cheers and Conundrums in Emeralds Zambia claims the crown in global emerald production, marking a milestone in President Hakainde Hichilema’s tenure. This success, however, is shadowed by a perplexing issue: local companies in Zambia are unable to acquire these precious stones from their homeland. The enigmatic reasons behind this oddity cast uncertainties on the gemstone market and the Zambian economy. While Zambia revels in its emerald prowess, the inability of domestic companies to secure these stones poses a dilemma. This paradox poses a threat to the growth of the… Read More Here
felix tshisekedi Gecamines 111 Mining in DRC 

Félix Tshisekedi promises urgent solutions to Miba and Sacim

Constance
In his speech delivered on Tuesday, December 12, 2023, upon his arrival in Mbuji-Mayi, as part of his electoral campaign, the President of the Republic, Félix Antoine Tshisekedi Tshilombo, expressed his commitment to personally invest in finding urgent solutions concerning the Bakwanga Mining Company (Miba) and the Anhui Congo Mining Investment Company (Sacim Sarl). ” The problem of Sacim and Miba, let me take care of it. I promise you more jobs, food self-sufficiency, more purchasing power and I will put an end to economic instability,” said President Félix Tshisekedi.… Read More Here

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