Ivanhoe, DRC utility partner to deliver hydropower for Kamoa mine

Mining News Pro - To support the continued successful performance of the Kamoa mining complex, Ivanhoe Mines Energy DRC, a sister company of Kamoa Copper, has announced the signing of a memorandum of understanding to establish a public-private partnership (PPP) with the Democratic Republic of the Congo's (DRC’s) State-owned power company La Société Nationale d’Electricité (SNEL) to deliver reliable, clean and renewable hydropower to the Kamoa mine.

AVZ forging strong relations with DRC govt

Mining News Pro - AVZ Minerals on Monday told shareholders that the newly established government of the Democratic Republic of the Congo (DRC) had approved the draft inter-Ministerial decree and draft cooperation agreement with the lithium and tin developer.

Ivanhoe Mines to launch $16m exploration program at Western Foreland licences in the DRC

Mining News Pro - Ivanhoe Mines announced that it plans to carry out a $16-million exploration program on its Western Foreland exploration licences, which are in close proximity to the Kamoa-Kakula copper project in the Democratic Republic of Congo.

What China’s increasing control over cobalt resources in the DRC means for the West

Mining News Pro - Market analyst Roskill published a report where it states that China’s increasing control over copper and cobalt resources in the Democratic Republic of the Congo could pose a threat to western market participants.

DRC joins Cobalt Action Partnership

Mining News Pro - The Minister of Mines of the Democratic Republic of the Congo, Willy Kitobo Samsoni, joined this week the Cobalt Action Partnership (CAP), a program with main goals to eliminate child and forced labor from the cobalt value chain, contribute to the sustainable development of communities, and respect the human rights of those affected by cobalt mining.

China Moly buys 95% of DRC copper/cobalt mine from Freeport for $550m

Mining News Pro - China Molybdenum said on Sunday it had acquired a 95% stake in the Kisanfu copper/cobalt mine in the Democratic Republic of Congo (DRC) from US-based Freeport-McMoRan Inc for $550-million.

China Moly buys 95% of DRC copper/cobalt mine from Freeport for $550m

Mining News Pro - China Molybdenum said on Sunday it had acquired a 95% stake in the Kisanfu copper/cobalt mine in the Democratic Republic of Congo (DRC) from US-based Freeport-McMoRan Inc for $550-million.

Trafigura inks cobalt deal with DRC artisanal miners

Mining News Pro - Commodities trader Trafigura has inked an agreement with the Congolese government to help improve conditions at informal mine sites in return for cobalt supplies.

Trafigura inks DRC cobalt offtake deal that benefits artisanal miners

Mining News Pro - Commodities trading group Trafigura has signed an offtake deal to buy cobalt from Entreprise Générale du Cobalt (EGC) – the Democratic Republic of Congo’s (DRC’s) State-owned buyer that markets cobalt from artisanal miners.

Volkswagen joins cobalt group supporting artisanal DRC miners

Mining News Pro - Volkswagen has joined the “Cobalt for Development” initiative to support improving artisanal cobalt mining conditions in the Democratic Republic of Congo.

Barrick, Loncor expand JV partnership in DRC

Mining News Pro - Loncor Resources and Barrick Gold have entered into two new agreements which will see the companies further strengthen their joint venture relationship within the Ngayu gold belt of the Democratic Republic of the Congo.

US Court awards $135m to shareholders of DRC mine

Mining News Pro - A US Court for the Eastern District of New York on Tuesday sentenced OZ Africa, a subsidiary of multi-billion-dollar hedge fund Och-Ziff, for corruption linked to mining projects in the Democratic Republic of Congo (DRC).

China`s Nanjing Hanrui Cobalt to start cobalt production line in DRC

Mining News Pro - China`s Nanjing Hanrui Cobalt expects to start its cobalt production line in the Democratic Republic of Congo (DRC) in late-November to December, GM Liang Jie said on Wednesday.

AVZ ups stake in DRC lithium/tin project to 75%

Mining News Pro - Mineral exploration company AVZ Minerals has revealed that it will boost its equity stake in the Manono lithium/tin project, in the Democratic Republic of Congo (DRC), to 75% in a $15.5-million share sale purchase agreement.

Glencore to help eradicate issues in DRC cobalt mining

Mining News Pro - Glencore has joined the founding members of the Fair Cobalt Alliance (FCA) to help tackle ethical issues pervading the country’s cobalt supply chain.

Crisis Group suggests DRC govt, miners zone land for artisanal mining

Mining News Pro - Transnational nonprofit organisation Crisis Group says tensions continue to build in the Democratic Republic of Congo’s (DRC’s) mining heartland between industrial and artisanal miners.

DRC gold worth billions being smuggled out

Mining News Pro - At least 1.1 tonnes of gold mined in the Democratic Republic of Congo was smuggled last year into countries along the eastern border, costing the impoverished nation’s millions of dollars in tax revenue and funding conflict and criminal networks, a United Nations Group of Experts report shows.

Amani increases mineral resource estimate for DRC deposit by 28%

Mining News Pro - Amani Gold has substantially upgraded the mineral resource estimate of its Kebigada gold deposit to 124-million tonnes, grading 1.03 g/t gold for 4.1-million ounces.

Ivanhoe’s giant Kamoa-Kakula copper project in DRC keeps getting bigger

Mining News Pro - Canada’s Ivanhoe Mines has unveiled a fresh set of mind-boggling figures from its flagship copper project in the Democratic Republic of Congo, confirming that the already large asset has room to grow.

Sinotrans transports cement from Angola to DRC

Mining News Pro - Chinese-based Sinotrans has exported 800t of cement on the 1344km railway journey from Cimenfort’s 0.4Mt/yr Lobito grinding plant to the Democratic Republic of Congo (DRC).

Two dozen people dead after landslide at DRC gold mine

Mining News Pro - A report by the Agence France-Presse citing local authorities states that 24 people were killed by a landslide at the Ndiyo gold mine, located 40 kilometres from the town of Watsa in the northeastern Ituri province of the Democratic Republic of the Congo.

Ivanhoe eyes DRC copper mine that will be larger than Grasberg and Oyu Tolgoi

Mining News Pro - Canada-headquartered Ivanhoe Mines is considering an expanded copper mining development in the Democratic Republic of Congo (DRC), which will rank the Kamoa-Kakula mine as the world’s second largest after the giant Escondida mine of BHP and Rio Tinto in Chile.

Hipo joins the hunt in DRC

Mining News Pro - ASX-listed Hipo Resources has signed a joint venture (JV) agreement to earn a 60% interest in the Kamola lithium project, in the Democratic Republic of the Congo.

Soil sampling gets under way at Red Rock’s DRC copper/cobalt licence

Mining News Pro - 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.

Opening up historic transport route from DRC mines

Mining News Pro - Trafigura Group, one of the world’s leading independent commodity trading companies has successfully taken the first step towards reopening one of Africa’s most historic trade routes, with an epic train journey that ended in the Angolan port of Lobito a few days ago.

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