Tag: Democratic Republic of Congo Mining News
Kuvimba Mining House CEO Trevor Barnard has revealed that the diversified, Mutapa Investment Fund-owned mining giant requires approximately US$950 million to bring its full portfolio of mining operations to optimal production capacity, Mining Zimbabwe can report.
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Zimbabwe's gold sector has the potential to grow into a 100-tonne-per-year industry, but doing so will require more than ambition—it will demand over US$1 billion in fresh capital, targeted policy reform, and structural changes in how...
Miners in Congo face subcontracting limits under new rules
Companies in the Democratic Republic of Congo will have to ensure subcontractors they hire are domestically owned under rules being implemented by the government.The...
Alphamin begins commissioning Bisie tin mine in DRC
Africa-focused Alphamin Resources (TSX-V: AFM) has begun commissioning its Bisie tin mine in North Kivu, a remote province in the eastern region of the Democratic Republic of...
Ivanhoe to fast-track DRC mine into production after CITIC invests $454m
Ivanhoe Mines is ready to finish building its giant copper mine in the Democratic Republic of Congo after its largest shareholder pumped an additional...
Katanga Mining resumes cobalt exports from DRC
Katanga Mining Ltd, a unit of Glencore Plc, said on Monday it resumed exporting and selling a limited quantity of cobalt from its Kamoto...
Ivanhoe execs brief Congo president on progress of massive copper project
Ivanhoe Mines (TSX: IVN) issued a media statement this week saying that a few of the company's top executives met with Félix Tshisekedi, the...
Barrick upbeat about new DRC president’s stance on mining, investment
Barrick Gold’s (TSX:ABX) (NYSE:GOLD) executive chairman, John Thornton, said Wednesday he was encouraged by the Democratic Republic of Congo's (DRC) newly elected president Felix Tshisekedi’s vision...
MMG joins Glencore, ERG reviewing Congo plans after tax hike
Yet another foreign miner in the Democratic Republic of Congo is reviewing its future production plans after the government increased taxes and removed investor...
Glasenberg said to meet Tshisekedi after ties strained
Glencore Plc Chief Executive Officer Ivan Glasenberg met the Democratic Republic of Congo’s new president this week, their first encounter since Felix Tshisekedi took...
Tax war won at cost
Last year it was the Democratic Republic of Congo. This year it is Zambia.Both African countries have driven through draconian changes to their mineral...
20 killed near Mutanda Mine
About 20 people died on Wednesday when a truck carrying acid to Glencore's Mutanda Mine in Democratic Republic of Congo collided with two other...
DRC’S Mutanda Mine to cut workforce
Glencore is cutting the workforce at its Mutanda copper and cobalt mine in the Democratic Republic of Congo to lower costs before a possible...
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