Getting behind the renewed enthusiasm of the upcoming Investing in African Mining Indaba in Cape Town, Omnia Group company BME will be face-to-face with the mining industry at its exhibition booth. “Everyone is looking forward to the interaction at this year’s Indaba, giving a boost to the positive momentum currently …
Read More »Metso Outotec to deliver copper electrowinning technology to Africa
Metso Outotec has been awarded a contract for the delivery of advanced electrowinning equipment to a copper cathode production plant in Africa. The order value amounting to approximately EUR 11 million is booked in Minerals’ Q2/2022 orders received. Metso Outotec’s scope of delivery includes the supply of basic engineering and …
Read More »Mining set to benefit from the bilateral talks between DRC, Zambia
On Friday, President Felix Tshisekedi of the Democratic Republic of Congo arrived in Zambia’s capital, Lusaka, for an official state visit. The purpose of the visit is to improve bilateral cooperation between the two countries. President Hichilema and Hakainde Hichilema of Zambia are expected to sign a number of agreements, …
Read More »DRC moots formation of an institution solely focused on mining, natural resources, and energy
The Democratic Republic of Congo has reiterated its desire for the East African Community to establish a mining and natural resources organ. President Felix Tshishekedi reiterated his country’s desire for the formation of an institution solely focused on mining, natural resources, and energy when EAC Heads of State signed the …
Read More »President Cyril Ramaphosa to attend Mining Indaba 2022
The President of South Africa, President Cyril Ramaphosa, is confirmed to attend 2022 Investing in African Mining Indaba, taking place in Cape Town from 9 – 12 May 2022. The President will deliver a Keynote Address on Tuesday, 10 May. The President’s attendance, along with Minister of Mineral Resources and …
Read More »Van Damme volunteers to promote DRC’s Mining and Agriculture among other key sectors
Actor, Jean-Claude Van Damme has been tasked with promoting the Democratic Republic of the Congo (DRC) globally. He plans to use his celebrity to promote Congolese sport and culture, but most importantly, to improve the protection of forests and native animals and flora. On behalf of President Félix Tshisekedi, Deputy …
Read More »Communities in Karamoja face an uphill task organising to beat international capital and authoritarian politics
In an open pit, a group of artisanal miners stand shirtless, cracking rocks that gleam white in the sun. Soldiers guard the gate of the Sunbelt Marble Mine and Factory, which is owned by Chinese businessmen who have invested $13 million in the project. Small-scale freelance miners toiling with basic …
Read More »Copper Price Rising amidst China Lockdown
On 4 April 2022, the copper price rose despite lingering demand concerns in top consumer China. Copper for delivery in May rose 2.3% from 1 April 2022’s settlement price, touching $4.790 per pound ($10,538 per tonne). Trading was sluggish as Chinese financial markets were closed for a public holiday, but …
Read More »RUSSIA-UKRAINE WAR: Scramble for gas set to benefit Mozambique, Tanzania gas projects
Russia’s attack on Ukraine has given investments in Africa’s liquefied natural gas projects fresh impetus as Europe seeks to find new energy sources to starve Russia of funds to fuel the war. In Mozambique, which has huge deposits of hydrocarbons, the government is receiving interest from companies in its latest …
Read More »Amani Nature Reserve under threat due to artisanal mining
The Amani Nature Reserve, established by Tanzanian authorities in 1997 to protect the East Usambara Mountains’ unique flora and fauna, is under threat from gold mining, according to an official. Over 20 hectares of natural forest cover have been destroyed by artisanal miners in recent years, according to Fikiri Maiba, …
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East African Mining News Unearthing Mining Opportunities in East Africa