Lualaba Copper Smelter - Copperbelt Katanga Mining

DRC Mining Week Expo & Conference Moved to October 2020

April 8, 2020July 27, 2020 arnbethnicCopper, DRC Mining Week, Lualaba Copper Smelter

Due to the current status of the global COVID-19 virus and the ban applied on mass gatherings by the government of the Democratic Republic of Congo, Clarion Events Africa (formerly Spintelligent) is rescheduling DRC Mining Week. The event, which was due to take place from 17-19 June, will now run from 7-9 October 2020. The venue – The Pullman Grand Karavia Hotel in Lubumbashi, DRC – remains unchanged. DRC Mining Week, on its 16th edition, will attract over 5,000 local and international mining stakeholders and influencers from across public and private sectors, doing… Read More Here

CNMC to transfer Africa copper, cobalt assets to engineering arm

March 14, 2020March 14, 2020 arnbethnicChambishi, China, Copper, Kambove Copper Smelter, Lualaba Copper Smelter

China Nonferrous Mining Corp (CNMC) said late on Monday its parent had agreed to sell its 74.52% stake in the company to the group’s engineering arm for 7.36 billion yuan ($1.06 billion) in a restructuring move. State-owned China Nonferrous Metal Mining Group is selling its 2.6 billion shares to its 33.75%-owned subsidiary, China Nonferrous Metal Industry’s Foreign Engineering and Construction, known as NFC, according to a filing to the Hong Kong stock exchange, which did not provide a reason for the move. The transfer, which was first flagged in September last year with no… Read More Here