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Acid truck collison near Glencore mine in the DRC kills 20 people

By: Creamer Media Reporter      22nd February 2019 About 20 people were killed when a truck transporting acid to Mutanda Mining owned by Glencore in the Democratic Republic of Congo collided with two people carriers about 50km from the site. The acid truck was heading to the copper and cobalt operation near Kolwezi in the southeast of the country. 

AfDB optimistic about Eskom’s turnaround prospects

By: Terence Creamer     19th February 2019 The African Development Bank (AfDB), which has extended billions of rands in loans to Eskom, says it is optimistic the actions being taken to turnaround the embattled South African power utility will bear fruit. Power, energy, climate and green growth complex VP Amadou Hott told Engineering News... 

Nico project positioned to help meet growing cobalt demand

By: Jessica Oosthuizen     15th February 2019 Development-stage mining company Fortune Minerals’ Nico cobalt/gold/bismuth/copper project, in Canada’s Northwest Territories, is one of the few cobalt development stage projects situated outside of the Democratic Republic of Congo (DRC) that can support near-term accelerating demand for cobalt,... 

Cobalt's price crash bottoming out, stocks to hinder quick rally

By: Reuters     12th February 2019 Cobalt's near year-long price slide is finally coming to an end, but high inventories of the battery metal will stop prices quickly re-claiming 2018's 10-year highs. London Metal Exchange prices have crashed to two-year lows of $32 000/t compared with levels near $100 000 in the first half of 2018. 

Demand for impeller, agitator tech in DRC increasing

By: Jessica Oosthuizen     8th February 2019 Demand for more effective and efficient impeller and agitator technology is on a dramatic upward trend in the Democratic Republic of the Congo (DRC), says industrial agitator and mixer manufacturer Mixtec sales and projects manager Rudi Swanepoel. He notes that the company sees a significant... 

Infrastructure, energy supply continue to hamper DRC mining operations

By: Jessica Oosthuizen     8th February 2019 Infrastructure and energy supply issues continue to hamper mining and processing operations, as well as the broader economy, in the Democratic Republic of Congo (DRC), says international metals and minerals consultancy Roskill director Jack Bedder. Despite the country having significant... 

Tin mining poised to become a significant mining play in DRC 

By: Jessica Oosthuizen     8th February 2019 Tin mining is poised to become a significant factor in the Democratic Republic of Congo (DRC), especially in North Kivu, as it can contribute to the country’s socioeconomic wellbeing, says tin exploration and mining company Alphamin Resources CEO Boris Kamstra. Alphamin Resources is developing... 

DRC’s new President an ‘unknown factor’ as far as mining is concerned

By: Rebecca Campbell     8th February 2019 The Democratic Republic of Congo (DRC), lying pretty much in the centre of Africa, is geographically the 11th biggest country in the world and is well-known for its mineral riches. In its most recent (2014) report “The Mineral Industry of Congo (Kinshasa)”, the US Geological Survey (USGS) noted... 

Working together can deliver mining’s massive benefits – Friedland 

By: Martin Creamer     6th February 2019 Mining can and will deliver massive benefits if all stakeholders work together, Ivanhoe Mines executive co-chairperson and founder Robert Friedland said on Wednesday Speaking on the third day of the Investing in African Mining Indaba, he outlined the huge potential of collaborative government,... 

Glencore’s FY18 copper, cobalt output up on restart of Katanga processing operations 

1st February 2019 Diversified miner Glencore on Friday reported an 11% year-on-year increase in its copper production and a 54% year-on-year increase in its cobalt output, mainly as a result of the restart of Democratic Republic of Congo- (DRC-) based subsidiary Katanga Mining’s processing operations in late 2017.... 

Pumps manufacturer secures DRC slurry pumps contract

1st February 2019 Local pump manufacturer KSB Pumps and Valves has won a multimillion-rand tender to supply locally manufactured specialised slurry pumps to minerals and metals processing specialist Outotec, for the large-scale greenfield Mutoshi copper and cobalt mining project in the Democratic Republic of... 

Ivanhoe reports ‘unprecedented’ copper intersection in the DRC 

By: Creamer Media Reporter      31st January 2019 The Kamoa North prospect area has delivered an “unprecedented” 22.3-m intersection of 13.05% copper in a thick, flat-lying deposit, sending Canada’s Ivanhoe Mines share price up 10% on the TSX on Wednesday. The new drill hole at the Democratic Republic of Congo-based project includes grades of... 

Kibali achieves success across the board; above production guidance

By: Tasneem Bulbulia     29th January 2019 The Kibali gold mine, in the Democratic Republic of Congo (DRC), produced 807 251 oz of gold in 2018, above its target of 750 000 oz and 35% higher than its output in the previous year. This was achieved on the back of the successful ramp-up in underground production and a steady improvement in... 

On-The-Air (25/01/2019) 

By: Martin Creamer     25th January 2019 South Africa’s platinum outlook received a blow this week when cobalt was selected ahead of it for a new technology. Richards Bay Coal Terminal has again proved how well business and government can combine for the good of the South African economy. The World Economic Forum has highlighted the... 

Ivanhoe welcomes new DRC President Felix Tshisekedi

By: Marleny Arnoldi     25th January 2019 TSX-listed Ivanhoe Mines on Thursday welcomed the inauguration of Felix Tshisekedi as President of the Democratic Republic of Congo (DRC). “On behalf of everyone at Ivanhoe, we congratulate Tshisekedi and we salute the people of [the] DRC for their insistence on a peaceful and democratic... 

Consultancy plans to expand mining capability

By: Jessica Oosthuizen     25th January 2019 Multidisciplinary engineering and environmental consultancy Knight Piésold aims to expand its mining capability and market share, especially in tailings, as well as assist mines in developing renewable-energy projects in remote areas where grid power is unavailable or unreliable, says Knight... 

Continued investment and development in Africa expected

By: Jessica Oosthuizen     25th January 2019 International metals and minerals consultancy Roskill expects continued interest, investment and development in Africa as the electronic vehicle (EV) revolution continues, says Roskill director Jack Bedder. “Africa has a significant role to play in the lithium-ion battery and EV story. The... 

Bisie tin project on track for commissioning in H2

By: Jessica Oosthuizen     25th January 2019 Construction on tin exploration and mining company Alphamin Resources’ Bisie tin project, in North Kivu, in the Democratic Republic of Congo (DRC), is about 90% complete and is on track for commissioning and first production in the second half of this year, says Alphamin Resources CEO Boris... 

China Moly to increase stake in Congo's Tenke copper mine to 80%

By: Reuters     18th January 2019 China Molybdenum Co said on Friday it had agreed to buy a holding company for $1.14-billion in order to increase its control in Democratic Republic of Congo's massive Tenke copper mine. China Moly, already the majority owner of Tenke, will have an 80% stake in the mine after the acquisition of... 

Multotec Brings Value Of Spirals To More Minerals

15th January 2019 Experience in the field and in its test laboratory has allowed Multotec Process Equipment to prove the economic impact of applying spiral concentration technology to high value minerals used in cellular phones and electric cars. “A number of customers mining minerals such as copper, lithium, tin... 

Armadale sells Mpokoto project to African Royalty

By: Marleny Arnoldi     11th January 2019 Aim-listed Armadale Capital has entered into a final formal agreement with African Royalty Company, which intends to acquire the Mpokoto gold project in the Democratic Republic of Congo (DRC). The agreement crystallises the value of the project, with a company capable of obtaining the funding... 

Vector takes major interest in DRC gold project

By: Esmarie Iannucci     11th January 2019 Gold developer Vector Resources was hoping to complete a definitive feasibility study (DFS) on the Adidi-Kanga gold project, in the Democratic Republic of Congo, during this year, after settling the acquisition of a 60% interest in the project. The ASX-listed Vector in July last year struck a... 

Too early to bet on mining policy change: Congo vote reaction

By: Bloomberg     10th January 2019 In a surprise twist, Democratic Republic of Congo opposition leader Felix Tshisekedi was declared the winner of last month’s Presidential election, although his victory is being marred by claims by a rival that the poll was rigged. The African country is the world’s main supplier of battery... 

Africa, South America to drive copper mine capacity growth up to 2021 – ICSG 

By: Marleny Arnoldi     7th January 2019 The International Copper Study Group (ICSG) expects copper mine capacity to grow at an average rate of 2.2% a year up to 2021. The ICSG notes in its biannual ‘Directory of Copper Mines and Plants’ that the average is derived from the lower growth of about 0.5% seen in 2018/19 as compared to... 

Impending Barrick-Randgold tie-up to create a major force in gold sector

By: Rebecca Campbell     26th October 2018 The merger between Barrick Gold (domiciled in Canada and dual-listed on the New York and Toronto Stock Exchanges) and Randgold Resources (domiciled in Jersey and dual-listed on the London and Nasdaq Stock Exchanges), announced last month and still awaiting shareholder and regulatory approvals,... 

Kibali set for another record quarter

By: Creamer Media Reporter      22nd October 2018 The Kibali gold mine, in the Democratic Republic of Congo (DRC), is continuing to deliver performance improvements across the board and is expected to post record results for the quarter ended September 30, Randgold Resources CE Mark Bristow said on Monday. Speaking at a briefing for local media,... 

Soil sampling gets under way at Red Rock’s DRC copper/cobalt licence

By: Creamer Media Reporter      17th October 2018 A soil sampling programme has started at a copper/cobalt licence in the Democratic Republic of Congo (DRC) owned by Aim-listed natural resources development company Red Rock Resources. The licence was recently acquired from a private seller. 

Cavex® Hydrocyclones Expand Footprint Across Africa

16th October 2018 Weir Minerals Africa has expanded its Cavex® hydrocyclone footprint across Africa with its most two recent orders going into the Central African Copperbelt; one in Zambia and one in the Democratic Republic of Congo (DRC). Sheldon Gabriel, Product Manager – cyclones at Weir Minerals Africa, says... 

DRC, Tanzania resource nationalist measures more extreme – Leon 

By: Martin Creamer     10th October 2018 The resource nationalist measures being implemented in the Democratic Republic of Congo (DRC) and Tanzania are significantly more extreme than those being adopted and even considered in most other African countries. One likely reason for this is that the DRC and Tanzania both suffer from... 

ERG bets on cobalt from Congo in quest for growth

By: Reuters     9th October 2018 Eurasian Resources Group (ERG) plans to ramp up cobalt output at its Democratic Republic of Congo (DRC) facility as it expects the electric car industry to boost demand for the metal, ERG CE Benedikt Sobotka told Reuters. ERG, a global mining and metals group with Kazakh roots, aims to raise... 

Cobalt mining in DRC poses public health risk – study

By: Nadine James     5th October 2018 Cobalt mining comes at a great cost to public health in the Democratic Republic of Congo (DRC), states new research by Belgium university Katholieke Universiteit (KU) Leuven, and the DRC’s University of Lubumbashi. In a statement on the university’s website last week, KU Leuven department of... 

Ivanhoe announces third major copper discovery in DRC

By: Simone Liedtke     1st October 2018 TSX-listed Ivanhoe Mines has made an important new discovery of high-grade copper on its 100%-owned Western Foreland licences, west of the Kamoa-Kakula mining licence in the Democratic Republic of Congo (DRC). This discovery, Makoko, is the first of multiple high-potential target areas identified... 

Randgold refutes Sokimo’s claims around Barrick merger affecting Kibali ownership

By: Marleny Arnoldi     28th September 2018 Randgold Resources has refuted reported claims by Democratic Republic of Congo State miner Société de Miniere de Kilo-Moto SA (Sokimo) that the proposed merger between Barrick Gold and Randgold will introduce a new partner in the Kibali joint venture. Randgold said the proposed merger would... 

Lifting-equipment orders from Zambia’s Mopani Copper Mines exceed R100m – Condra Cranes

By: Nadine James     28th September 2018 Condra Cranes shipment of lifting equipment despatched in late August to Zambia-based copper mine Mopani Copper Mines has raised Condra’s order intake from Mopani to more than R100-million. Comprising one electric travelling overhead crane, 38 hoists, two large, and seven smaller, jib cranes, the... 

Trafigura Group helps re-establish historic African trade route

By: Tasneem Bulbulia     26th September 2018 Independent commodity trading group Trafigura has successfully taken the first step towards reopening one of Africa’s most historic trade routes, with a train journey that ended in the Angolan port of Lobito on Saturday, September 22. A cargo of 800 t of copper blister, bought by Trafigura from... 

Vector Resources secures $20m loan to aid Adidi-Kanga development

By: Marleny Arnoldi     18th September 2018 ASX-listed Vector Resources has secured a $20-million committed debt facility with resources focus fund Medea Future Materials Fund, to help reduce its indebtedness with a local Democratic Republic of Congo (DRC) bank. The company needs $5-million for upfront acquisition costs, about $10-million... 

Imilingo making strides at Electra Mining 2018

17th September 2018 As the final day of Electra Mining Africa 2018 themed ‘Diversity Day’ drew to  a close, the Imilingo Mineral Processing team were upbeat about their diversified Electra experience. “We came into this with a great deal of enthusiasm and it hasn't disappointed in terms of our overall objectives to... 

Anglo American asks Angola for permission to explore for metals

By: Reuters     14th September 2018 Anglo American, one of the world's largest commodities miners, has asked Angola for permission to explore for base metals, the country's Ministry for Mines said on Friday. Anglo, which operates diamond, copper, platinum mines around the world, submitted a letter of intent to invest in the... 

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