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DRC State mining company under fire 

     16th November 2017 Certain revenues of the Democratic Republic of Congo State mining company have not been directed to the public treasury and are largely beyond the realm of public oversight, claims a report by the Carter Centre. Mining Weekly editor Martin Creamer joins senior deputy editor Tracy Hancock in... 

Apple leads way in tracing cobalt from Congo, Microsoft lags – Amnesty

By: Reuters     15th November 2017 Apple is leading the way in tracing cobalt used in its electronics to ensure the metal has not been mined by children in Democratic Republic of Congo while Microsoft is lagging, Amnesty International said. Microsoft disagreed with the pressure group's conclusions published on Wednesday. 

Banro committee seeks debt restructure

By: Anine Kilian     13th November 2017 A special committee comprising independent directors of NYSE-and-TSX-listed Banro Corporation are in discussion with the company’s major stakeholders regarding the possible restructuring of the company’s non-Democratic Republic of the Congo (DRC) debt obligations, as well as the provision of... 

New Alliance to ensure responsible cobalt supply from Africa

By: Robyn Wilkinson     10th November 2017 Joining other international businesses and organisations at the inaugural World Economic Forum Sustainable Development Impact Summit, held in New York from September 18 to 19, diversified miner Eurasian Resources Group (ERG) helped launch the Global Battery Alliance. 

Political tension slows mining activity in Tanzania

By: Victor Moolman     10th November 2017 Despite the fact that political tension in Tanzania has impacted the mining industry, with several operations subsequently closing, SEW-EURODRIVE continues to have a strong presence in the country, with Tanzania as its main hub for East Africa. SEW-EURODRIVE South Africa national sales manager... 

Opportunities persist in sub-Saharan Africa, despite unfavourable mining sector

     10th November 2017 Opportunities remain in sub-Saharan Africa (SSA), despite a spate of regulatory changes and policy uncertainty across major mining countries in the region eroding investor sentiment, highlighting the region’s mining sector as the riskiest in the world, according to Fitch-affiliated BMI. The... 

Ivanhoe expects new mineral resource estimate for Kakula by year-end

By: Anine Kilian     9th November 2017 TSX-listed Ivanhoe Mines expects a new mineral resource estimate for the entire Kakula discovery, in the Democratic Republic of Congo, by the end of the year, based on the current, delineated strike extent of least 12 km, the company said in a statement on Thursday. The new evaluation will expand... 

China urged to ease reliance on DRC for cobalt

By: Reuters     7th November 2017 China is depending too much on the Democratic Republic of Congo (DRC) for cobalt, a crucial component in electric vehicle (EV) batteries, and should take steps to ensure security of supply, delegates said at an industry conference on Tuesday. China, the world's top cobalt consumer, is... 

DRC’s State mining company hiding revenues – Carter Center

By: Martin Creamer     6th November 2017 Certain revenues of Democratic Republic of Congo (DRC) State mining company Gécamines are not directed to the public treasury and are largely beyond the realm of public oversight, resulting in the DRC and its people being deprived of many of the benefits of its rich minerals endowment, the Carter... 

Ivanhoe hits shaft-digging milestone at Platreef

By: Henry Lazenby     1st November 2017 Africa-focused megaproject developer Ivanhoe Mines has reached the 500-m level below surface, during construction of the first shaft of the Platreef platinum-group meals (PGM) project, in South Africa's Limpopo province. The 7.25-m-diameter Shaft 1, which is expected to reach the Flatreef... 

Ghost town of Cobalt gets first jolt from Tesla’s electric cars

By: Bloomberg     1st November 2017 Ironically, Cobalt, Ontario – population 1,100 – was built on silver. Remnants of a boom that transformed the town more than a century ago are everywhere. A mine headframe still protrudes from the roof of the bookstore, which was previously a grocery. The butcher used to toss unwanted bones down... 

Ivanhoe agrees to rehabilitate critical rail line in DRC

By: Natasha Odendaal     30th October 2017 TSX-listed Ivanhoe Mines is preparing to rebuild the 34 km of rail track that connects the Kipushi zinc/copper/silver/germanium mine with the Democratic Republic of the Congo’s (DRC’s) national railway at Munama, south of Lubumbashi. Under terms of a memorandum of understanding (MoU) with DRC... 

Battery boom relies on one African nation avoiding chaos of past

By: Bloomberg     27th October 2017 The cars of the future will depend increasingly upon supplies of an obscure metal from a country in the African tropics where there has never been a peaceful transition of power and child labor is still used in parts of the mining industry. Most major automakers are pledging to build millions of... 

Rise in DRC exploration activity expected

     20th October 2017 With the improvements in the copper price, mining interest will soon be returning to the Democratic Republic of Congo (DRC), says mining consultancy SRK Consulting country manager Susa Maleba.   “In fact, for explorers wanting to initiate drilling programmes, time is running out,” says Maleba.... 

Kibali on track as it prepares for completion of underground mine

By: Anine Kilian     17th October 2017 Randgold Resources’ Democratic Republic of Congo- (DRC-) based Kibali gold mine remains on track to achieve its production target of 610 000 oz this year as its underground operations and the integration and automation of the vertical shaft enters the final commissioning and automation stage, CEO... 

Self-starters share secrets to success in the South African mining sector

By: Ilan Solomons     13th October 2017 There are many ways for entrepreneurs to enter the mining industry, including as project developers, service providers and product suppliers – all of which hold great opportunities and challenges, states mining investment advisory company MX Mining Capital Advisors director Dr Mike Seeger. The... 

Self-starters share secrets to success in the South African mining sector

By: Ilan Solomons     13th October 2017 There are many ways for entrepreneurs to enter the mining industry, including as project developers, service providers and product suppliers – all of which hold great opportunities and challenges, states mining investment advisory company MX Mining Capital Advisors director Dr Mike Seeger. The... 

Building presence in East Africa through Tanzanian office

     13th October 2017 Drive engineering specialist SEW-Eurodrive is adding to its existing presence in Tanzania, its main hub in Eastern Africa, by opening a new office in Kenya and starting a recruitment drive in Burundi and the Democratic Republic of Congo (DRC). SEW-Eurodrive’s Tanzanian branch, in Der Es Salaam,... 

Alphamin's Bisie mine on track for 2019 production

By: Natasha Odendaal     12th October 2017 Despite facing significant social, political and geographical challenges, emerging miner Alphamin Resources is on track to deliver on the first large commercial tin mine in the eastern Democratic Republic of Congo (DRC). Against a backdrop of historical political upheaval, rent-seeking, an... 

TLT MechCaL Expands Sub Saharan Reach

     9th October 2017 Under the TLT-Turbo umbrella, local ventilation firms, TLT MechCaL and TLT ACTOM have embarked on an ambitious expansion strategy for Sub-Saharan Africa.  This move follows the announcement of TLT MechCaL and TLT ACTOM working in collaboration with their majority shareholder, German based... 

Mine In DRC Chooses Fibreglass Grating And Handrailing From Andrew Mentis

     2nd October 2017 Fibreglass products offer enormous benefits when used in corrosive chemical environments such as those found on copper mines; included among these is increased strength and longevity in harsh applications. Andrew Mentis, leading supplier of floor grating and handrailing products, reports that the... 

Gigantic SA-made ore scrubber destined for Sierra Leone mineral sands mine

By: Mia Breytenbach     29th September 2017 Mechanical process equipment and solutions provider MechProTech has completed the manufacturing of one of its largest pieces of mining process equipment – the multimillion-rand, Titan 3596 mineral ore scrubber – which will be delivered to a mineral sands mine in Sierra Leone. MechProTech focuses... 

Zinc price on the up as supply tightens; cobalt forecast revised upwards as demand intensifies

By: Henry Lazenby     26th September 2017 Chinese zinc imports for August have increased by 145% year-on-year to 227 000 t, according to Metal Bulletin and Chinese customs data released on Tuesday. Scotia Mining Sales noted in a report to clients that this was not surprising given the Shangai Futures Exchange and London Metals Exchange... 

Red Rock mulls potential investment in DRC copper/cobalt tailings project

By: Creamer Media Reporter      26th September 2017 Aim-listed Red Rock Resources (RRR) has entered into a conditional agreement with private Isle of Man company Cobalt Blue to acquire an interest in a new joint venture company (JVCo) that will be established for the exploitation of four copper/cobalt tailings properties near Kolwezi, in the... 

Banro temporarily suspends Namoya operations

By: Anine Kilian     26th September 2017 Dual-listed Banro has temporarily suspended operations at its Namoya mine, in the Maniema province of the Democratic Republic of the Congo (DRC). This is owing to road access closure because of activities by local groups against both the local population and against the DRC army, which has... 

First Cobalt exits volatile DRC in favour of mining friendly Ontario Cobalt Camp

By: Henry Lazenby     19th September 2017 TSX-V-listed First Cobalt will not complete a strategic alliance over seven cobalt exploration properties close to several major copper/cobalt operations in the Democratic Republic of Congo's (DRC's) Central African Copperbelt. The Toronto-headquartered company announced on Monday that it would... 

Kalumbila facility will service global mining industry

     15th September 2017 By the first quarter of 2018,  a building site in Kalumbila, in North-Western province, in  Zambia, will be transformed into a $40-million manufacturing facility that will produce high-quality mill-balls for mines in Zambia, neighbouring countries and the world market, says Zambia Chamber of... 

Specialist helps Zambian mines save on maintenance costs

     15th September 2017 More and more mines in Zambia are seeing the benefits and the profitable returns of investing in condition monitoring, with a direct positive impact on productivity and machine availability, and reduced maintenance costs, enthuses condition-monitoring specialist WearCheck. 

Metso showcases ongoing commitment to servicing South African mining sector 

By: Ilan Solomons     13th September 2017 This year marks 60 years since global engineering and technology corporation Metso's factory in Vereeniging was established. The factory became part of the Metso group in 1970 and has played "a crucial role" not only in the South African, but also the African mining industry. 

Switchgear Solution At DRC Mine From Shaw Controls

     12th September 2017 Leveraging the advantages of a containerised solution, Zest WEG Group company Shaw Controls has provided an optimal medium voltage switchgear solution for the supply of power at a copper mining project in the Democratic Republic of Congo. The WEG MTW05 MV switchgear, the first to be supplied by... 

Ivanhoe confident of expanding Kamoa-Kakula into a top three global copper deposit

By: Natasha Odendaal     11th September 2017 TSX-listed Ivanhoe Mines is confident that the Kamoa-Kakula deposit, ranked the fifth-largest copper deposit in the world, will take one of the top three rankings on the back of the “unprecedented rate of growth” of the high-grade copper resources in the Democratic Republic of Congo (DRC).... 

Ortac strengthens strategic focus on high potential African exploration

By: Natasha Odendaal     11th September 2017 Aim-listed Ortac Resources has set its focus exclusively on its high-potential African exploration mining assets after a board revamp set a strategy review in motion. The exploration and mine development company aims to fast-track its core gold and copper assets in the Democratic Republic of... 

Ivanhoe plans 'new era of production' for historic DRC mine

By: Natasha Odendaal     6th September 2017 TSX-listed Ivanhoe Mines has entered into discussions to start a “new era of production” at the historic Kipushi zinc-copper-silver-germanium mine, in the Democratic Republic of Congo (DRC), that could deliver one of the highest-grade major zinc mines worldwide. Ivanhoe, which, in conjunction... 

Resources Watch  

     31st August 2017 Alphamin focused on conflict-free tin production; Huge opportunity to create more demand for platinum; And, Obuasi clear of illegal miners 

Feasibility update on Fortune’s Nico project delayed by laboratory congestion

By: Henry Lazenby     25th August 2017 Investors will have to wait a little longer to review an update of the 2014 feasibility study on project developer Fortune Minerals’ Nico cobalt/gold/bismuth/copper project, in Canada’s Northwest Territories. The London, Ontario-based explorer said on Thursday that the feasibility study update by... 

‘Key milestone’ for Platreef project

     25th August 2017 The completion of the definitive feasibility study (DFS) for the first phase of production at platinum group metals (PGMs) miner Ivanhoe Mines’ Platreef project, on the northern limb of South Africa’s Bushveld Igneous Complex, is another key milestone in Ivanhoe’s planned transformation of the... 

$70m already spent at $134m DRC tin project

By: Ilan Solomons     25th August 2017 Tin exploration and development company Alphamin Resources is nearing completion of the boxcut at its 9 900 t/y Bisie tin project, in North Kivu, in the Democratic Republic of Congo (DRC). Alphamin CEO Boris Kamstra tells Mining Weekly that local earthworks contractor Kongo River, which is... 

Alphamin focused on conflict-free tin production  

By: Anine Kilian     22nd August 2017 TSX-V-listed Alphamin Resources is on track to develop the first large commercial tin mine in the Democratic Republic of the Congo (DRC) to produce responsibly mined, conflict-free tin concentrate. The company is developing the Bisie mine, in the North Kivu province of the DRC, which is expected... 

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