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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... 

Powertech Switchgear land a big deal with Eskom

     13th October 2017 The tender for Eskom’s distribution and transmission MV AIS switchgear was issued in 2015 and Powertech Switchgear seized the opportunity to submit on tender obligation. The tender was awarded in March 2017 and Powertech Switchgear managed to gain five years of supply. Eskom requirement is to... 

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... 

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... 

VW moves to secure cobalt supplies in shift to electric cars

By: Reuters     26th September 2017 Germany's Volkswagen is moving to secure long-term supplies of cobalt, a vital component of rechargeable batteries, as the group accelerates its ambitious shift to electric cars. Cobalt industry sources told Reuters that VW, the world's largest automaker, has asked producers to submit proposals... 

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... 

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 

SEW-EURODRIVE builds on its East African presence with new offices in Tanzania, Kenya

     30th August 2017 SEW-EURODRIVE is building on its presence in Tanzania, its main hub in Eastern Africa, by opening a new office in Kenya, and commencing with a recruitment drive for Burundi and the Democratic Republic of Congo (DRC). East Africa represents a major growth area for the drive and automation... 

SA has a role to play in the Middle East - Zuma

By: News24Wire      25th August 2017 South Africa can play a role in the Middle East and will help resolve conflicts there if given the opportunity, President Jacob Zuma said on Friday. “This world must be at peace with itself and I hope there will be more time to discuss the solutions,” he said while receiving letters of credence... 

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... 

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... 

Africa can benefit from global volatility

By: Kim Cloete     17th August 2017 Despite major global challenges, including global trade, Africa has the opportunity to step up to global change and benefit from the volatility that is shaking up the world, says Thomson Reuters Africa MD Sneha Shah. “Africa has the richest resource pool in the world, but we always lose, because... 

Bisie boxcut nears completion, first tin concentrates in 2019

By: Ilan Solomons     15th 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 Online that local earthworks contractor Kongo River, which is... 

Aussie junior secures Chinese funding for DRC lithium project

By: Esmarie Swanepoel     10th August 2017 ASX-listed junior AVZ Minerals will raise A$15-million to fund work at its Manono lithium project, in the Democratic Republic of Congo, where it aims to define a mineral resource by early next year. The company on Thursday reported that the placement would include a A$13-million strategic... 

SADC needs to promote intra-bloc trade and South Africa should lead – OECD

By: Keith Campbell     4th August 2017 The Organisation for Economic Cooperation and Development (OECD), in its July 2017 survey of the South African economy, has urged South Africa to promote further economic integration within the Southern African Development Community (SADC). “SADC is already the largest export market and a major... 

Cash-flush Randgold in massive Côte d’Ivoire gold discovery

By: Martin Creamer     3rd August 2017 The exploration team of Randgold Resources, which on Thursday reported a 53% leap in half-year profits, plus cash on hand of $572.8-million even after the $94-million dividend payout, has defined a large target in Côte d’Ivoire, which is considered to be “potentially the most exciting gold... 

Grand Inga hydropower project, Democratic Republic of Congo

By: Sheila Barradas     21st July 2017 Government has decided to more than double the size of its planned Inga 3 hydroelectric plant – the first stage of the much larger Grand Inga project. 

Kibali continues to deliver steady performance as it finalises full commissioning

By: Creamer Media Reporter      18th July 2017 The two remaining components of Randgold Resources’ Kibali gold mine – its underground shaft system and a third hydropower plant – are both on track. The underground shaft system is expected to be commissioned this quarter, with the underground mine to produce about 2.2-million tonnes of ore this... 

Banro’s lower gold output leaves year-end guidance out of reach

By: Natasha Odendaal     18th July 2017 Dual-listed Banro Corporation’s Twangiza and Namoya operations produced a combined 38 739 oz of gold during the second quarter of this year, bringing the year-to-date production to 84 954 oz of gold. The lower-than-expected gold production from both mines, along with the ongoing challenging... 

Ivanhoe's Congo success follows deals with President's brother

By: Bloomberg     18th July 2017 In the two decades since billionaire mining investor Robert Friedland founded Ivanhoe Mines, his small team has made some of the biggest mineral discoveries in the world. In the Democratic Republic of Congo, it has done so while trading and contracting with companies controlled by one of... 

Cape Lambert signs over cobalt rights in DRC

By: Esmarie Swanepoel     13th July 2017 ASX-listed Cape Lambert has entered into a binding term sheet with fellow-listed FE Limited to assign its rights over the Kasombo copper-cobalt project, in the Democratic Republic of Congo. Cape Lambert established rights to the Kasombo project in May this year after signing a joint venture... 

Sub-Saharan Africa mobile users to exceed 500m by 2020

By: Anine Kilian     12th July 2017 More than 500-million people across sub-Saharan Africa will be subscribed to a mobile service by the end of the decade, a new report shows. The report ‘The Mobile Economy: Sub-Saharan Africa 2017’, which was published by GSMA on Wednesday, forecasts that the number of unique mobile subscribers in... 

Banro’s Namoya employees return to work after militia violence shuts mine

By: Megan van Wyngaardt     7th July 2017 Dual-listed Banro Corporation on Friday said mining staff at its Namoya gold operations, in the Democratic Republic of Congo (DRC), have returned to work, following a precautionary evacuation earlier this week. On Monday, fighting between the Congolese army and a local militia forced the miner to... 

Amani cements investment from Luck Winner

By: Esmarie Swanepoel     7th July 2017 ASX-listed Amani Gold has revealed details of a A$25-million investment from Hong Kong-based Luck Winner Investment, after the two parties inked a binding subscription agreement. Under the Stage 1 investment, Luck Winner will invest A$15-million in Amani by subscribing for 300-million shares in... 

Grand Inga hydropower project, Democratic Republic of Congo

By: Sheila Barradas     7th July 2017 The Inga 3 project is not expected to begin producing power until 2024 or 2025. 

Amani declares maiden resource in DRC

By: Esmarie Swanepoel     5th July 2017 ASX-listed Amani Gold has reported a maiden mineral resource of 2.3-million ounces at Kebigada, on its Giro gold project, in the Democratic Republic of Congo. The project is estimated to host some 48.7-million tonnes of resource, grading 1.5 g/t gold, which increased to 78.6-million tonnes at... 

Inga–Kolwezi high-voltage direct current power transmission link project, Democratic Republic of Congo

By: Sheila Barradas     30th June 2017 The project involves the partial upgrade of the 1 700 km Inga-Kolwezi transmission link. 

Randgold keen on DRC mining code review, partnerships to develop young industry

By: Creamer Media Reporter      23rd June 2017 LSE-listed Randgold Resources on Friday said the mining industry would welcome a review of the Democratic Republic of the Congo's (DRC’s) existing mining code in a “young” industry still open to development. However, this review needs to be subject to an inclusive debate, with government and the... 

Grand Inga hydropower project, Democratic Republic of Congo

By: Sheila Barradas     23rd June 2017 The Democratic Republic of Congo government has asked Chinese and Spanish consortiums vying to develop a much-delayed $14-billion hydroelectric project to work together and submit one bid. 

Copper production growth to accelerate to 2021

By: Anine Kilian     19th June 2017 Global copper production growth will be supported by key markets with low operating costs and strong project pipelines in the next four years, according to research firm BMI’s copper outlook report, released Monday.  Global copper mine production, supported by markets and low operating costs, is... 

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