Saturday, 30th September 2023


Articles related to mining

DRC to build copper-cobalt smelter for informal miners

The Democratic Republic of the Congo has expressed support for a new copper-cobalt facility that will be owned and operated by local investors to formalise the country's artisanal mining sector.

Executives from the two businesses and the government announced that the privately held Congolese company Buenassa will develop the project with help from…

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South African bus disaster claims the lives of 20 De Beers employees

A tragic bus accident on Sunday in South Africa's Limpopo Province resulted in the deaths of 20 workers from the diamond mining firm De Beers.

The vehicle was on its way to the Venetia diamond mine.

Limpopo Province's Transport Department spokesperson Vongani Chauke was quoted by AFP as saying that the accident took place in the town of Musina,…

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Zambia: Largest copper mine dodges liquidation

Zambia's largest copper mine has dodged liquidation and received a cash injection of $1 billion from its parent company, ending a years long legal battle.

London-listed Vedanta is the majority owner of Zambia's largest copper mining firm Konkola Copper Mines (KCM), which has been at the centre of a standoff with government.

The state-owned ZCCM-IH…

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De Beers sells last Namaqualand Mines mining right

De Beers has sold the Buffels Marine Mining Right (BMMR), and associated assets as of August 7, 2023, to Kleinzee Holdings, a consortium led by Melki Mining and HolGoun Investment.

The BMMR was De Beers’ last mining right at Namaqualand Mines.

The diamond miner has been doing rehabilitation efforts since it suspended operations on the BMMR in 2010…

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Mali adopts new mining code

Mali's government has approved a new mining code that will allow the government to own as much as 30% of upcoming mineral projects.

Africa News reports that the office of Junta leader Assimi Goita announced recently that he had signed the code into law.

Economy Minister Alousseni Sanou predicted that reforming the mining code could bring in 500…

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