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Radebe hints at possible Saudi investment to boost South Africa's oil refining capacity

By: Kim Cloete     7th November 2018 Energy Minister Jeff Radebe has called for a collaborative approach to attract investment in oil refining hubs throughout the continent and has hinted that Saudi Arabian investment in refining capacity in South Africa may soon become a reality. “In South Africa we believe the time has come for an... 

Grand Inga hydropower project, Democratic Republic of Congo

By: Sheila Barradas     26th October 2018 Government has given two groups of investors a four-week deadline to submit a joint proposal on the development of the multibillion-dollar Inga 3 hydropower plant. 

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,... 

Congo sets deadline for plan on 11 000 MW hydropower plant

By: Bloomberg     22nd October 2018 The Democratic Republic of Congo gave two groups of investors a four-week deadline to submit a joint proposal on the development of the multibillion-dollar Inga 3 hydropower plant. The government signed an accord with Chinese and Spanish consortia this week to advance the 11 000 MW facility, the... 

Containerised workshop facilitates hydraulic services

19th October 2018 Hydraulics components supplier Hytec Services Africa (HSA), part of hydraulic components supplier Hytec Group, has launched its mine site based containerised hose workshops to provide a comprehensive onsite hose and fittings service to its mining clients across Africa. Set up in refurbished and... 

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... 

Ventilation Fan Test Column At Marthinusen & Coutts A First On The Copperbelt

3rd October 2018 Access to a ventilation fan performance test column installed at Marthinusen & Coutts Zambia, a division of ACTOM (Pty) Ltd, offers a major advantage to mines on the Zambian and DRC Copperbelt. Significantly, this is the only fan test column in the region and was commissioned at the Kitwe based... 

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... 

Cranes For Tankhouses

1st October 2018 The African market for tankhouse cranes is flourishing, with strong demand in a geographical band stretching from the Equator to the Tropic of Capricorn.  For end users of this type of crane, the main concern remains the same – prompt and effective after sales service. Tankhouse cranes are... 

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... 

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... 

Engen operations in nine African countries transfer to Vivo Energy in March 2019

By: Marleny Arnoldi     18th September 2018 Oil company Engen Holdings’ operations in nine sub-Saharan African countries will be transferred to JSE-listed downstream petroleum company Vivo Energy on March 1, 2019. The $203.9-million transaction will see Vivo’s retail service station network expand from 15 to 23 countries in Africa,... 

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... 

Congo plans to build special economic zone for cobalt users

By: Bloomberg     12th September 2018 The Democratic Republic of Congo plans to establish special economic zones for companies that manufacture goods from the country’s minerals, President Joseph Kabila said. “There is a need to create special economic zones for the final users of Congolese natural resources,” Kabila said at a... 

Johnson Crane Hire Rolls Out Its Own ‘Big Five’

10th September 2018 Customers of Africa’s lifting leader Johnson Crane Hire were recently treated to an impressive display of a selection of the company’s lifting equipment at an open day where its heavy lift fleet was likened to the ‘big five’ of the wild. “Johnson Crane Hire is a home grown South African business,... 

Join the least-cost highway

By: Terence Creamer     7th September 2018 The release of a draft Integrated Resource Plan (IRP 2018) for public comment, is an extremely positive development. Likewise, the document’s acknowledgement that the least-cost new build option for South Africa to 2030 is a combination of solar, wind and gas represents major progress. This... 

Affordability of energy must be prioritised – Radebe 

By: African News Agency      5th September 2018 South Africa's Energy Minister Jeff Radebe has urged the prioritisation of energy affordability in order to attract investment. During his keynote address at the Africa oil and power conference held at the Cape Town International Convention Centre he said it was imperative in order to create jobs. 

Red Rock interest in JVCo increases to 50.1%

By: Simone Liedtke     30th August 2018 Natural resource development company Red Rock Resources will increase its interest in a joint venture company (JVCo), which will be formed for the exploitation of copper and cobalt tailings and dumps near Kolwezi, in the Democratic Republic of Congo (DRC), to 50.1%. Pursuant to the agreement, Red... 

Miners establish industry body to engage DRC govt on mining code, industry issues

By: Marleny Arnoldi     23rd August 2018 Mining companies active in the Democratic Republic of Congo (DRC) have established a new industry body, the Mining Promotion Initiative (MPI), to engage with government on industry concerns about the country’s new mining code and any other material issue concerning the mining industry in the DRC.... 

Kore announces maiden sylvinite mineral resource estimate for Dougou extension

By: Simone Liedtke     20th August 2018 Potash development company Kore Potash has declared a maiden sylvinite mineral resource estimate for its Dougou extension deposit, at the flagship 97%-owned Sintoukola (Kola) potash project, in the Democratic Republic of Congo (DRC). Sylvinite is a rock type comprised primarily of the potash... 

Congo copper faces increased LME scrutiny with audits

By: Bloomberg     16th August 2018 The London Metal Exchange (LME) will start requiring that copper producers which source metal from the Democratic Republic of Congo (DRC) carry out independent audits to prove their material is ethically sourced, according to people familiar with the matter. The LME is reviewing its requirements... 

Battery boom spurs quest to resurrect World War II cobalt mines

By: Bloomberg     15th August 2018 The giant rocky outcrop known by locals as La Cobaltera offers a glimpse into northern Chile’s mining past, and a hint of its future. Slag from an ancient furnace is piled at the entrance of a mine shaft that hasn’t seen commercial activity since World War II. Inside, eucalyptus posts still... 

Ivanhoe advances projects in ‘productive’ Q2

By: Marleny Arnoldi     13th August 2018 Canadian miner Ivanhoe Mines had a productive second quarter ended June 30, with underground development at the planned initial copper mine at Kakula, in the Democratic Republic of Congo (DRC), making steady progress. The mine is expected to reach the high-grade copper mineralisation later this... 

Randgold looking across the Atlantic

By: Martin Creamer     10th August 2018 African gold mining company Randgold Resources is looking across the Atlantic along the northern edge of South America, which effectively hosts the same geology as West Africa, where the London-listed company has its biggest gold-mining base. This is in addition to intensifying exploration... 

‘Solid’ safety: Vital Engineering’s solid forged handrails and stair tread nosing – safety assured for the local and pan-African mining sector

7th August 2018 Mining is a primary creator of wealth and employment, and, as such, places demands on the people and equipment employed this all-important sector. To keep mines operating efficiently, quick, safe access to areas such as minerals processing plants is essential. Founded in 1939, Vital Engineering... 

ERG secures electricity supply for DRC copper/cobalt operations

By: Anine Kilian     1st August 2018 Metalkol, a cobalt and copper tailings reprocessing project and a low-cost hydrometallurgical facility owned by Eurasian Resources Group (ERG), has signed an agreement to secure electricity supply for its operations in the Democratic Republic of the Congo (DRC) for up to ten years.   

Sherritt sees soft cobalt prices as temporary trend

By: Reuters     1st August 2018 Sherritt International Corp said on Tuesday that recent weakness in the price of cobalt, a key material in rechargeable batteries, is expected to be temporary as demand continues to grow from the electric vehicle market. Toronto-based Sherritt said prices softened in the second quarter on... 

Battery chemical surplus sparks plunge in cobalt price

By: Reuters     31st July 2018 A surplus of cobalt chemicals used to make the rechargeable batteries that power electric vehicles has seen Chinese refiners switch to producing metal, sending prices down 30 percent in recent months. The electric-vehicle revolution is expected to boost demand and prices for cobalt, which... 

Glencore copper, zinc ramp-ups paying off in production numbers

By: Marleny Arnoldi     31st July 2018 The ramp up of diversified miner Glencore’s Katanga mine, in the Democratic Republic of Congo (DRC), has delivered increased copper and cobalt for the first half of this year, in line with full-year guidance, which is 1.4-million tonnes of copper and 39 000 t of cobalt. Financial services... 

Investors cheer Ivanhoe’s resource update for Kipushi

By: Mariaan Webb     30th July 2018 Canadian major Ivanhoe Mines on Monday published a mineral resource estimate update for its Kipushi zinc/copper/silver/germanium project in the Democratic Republic of Congo (DRC), increasing the past-producing mine’s zinc-rich resources by 16% and copper-rich resources by 40%. The new estimate,... 

Kibali mine targets record production following underground ramp-up

By: Nadine James     25th July 2018 Gold production at Randgold Resources’ Kibali mine, in the Democratic Republic of Congo (DRC), is rising steadily on the back of the optimisation of its automated underground operation, and it is on track to beat its guidance of 730 000 oz for 2018, Randgold CE Mark Bristow said on Wednesday.... 

African troops fighting terrorism in Sahel are protecting world – UN

By: African News Agency      10th July 2018 UN Secretary-General Antonio Guterres has paid tribute to African troops fighting terrorism in the Sahel, saying they were not only protecting those in the restive Sahel region - but also the whole world. Gueterres made his comments at a press conference during the second annual UN-African Union... 

Tiger cancels sale of Kipoi to Chinese firm

By: Esmarie Iannucci     6th July 2018 Copper miner Tiger Resources has pulled the plug on the divestment of its assets in the Democratic Republic of Congo (DRC) to a Chinese consortium. Tiger in January announced that it would sell its Kipoi mine and other assets in the DRC to special purpose vehicle Sinomine Fuhai (Hong Kong)... 

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