Zest WEG says it is supplying an extensive range of motors and variable speed drives (VSDs) for the second phase of the Kamoa-Kakula project, in the Democratic Republic of the Congo. Phase one of the project produced its first copper concentrate on May 25, 2021, and is expected to produce 200,000 t/y of copper in concentrate, according
BHP (ASX, LON, NYSE: BHP) has committed to invest $100 million in a huge nickel project in Tanzania, UK-based private company Kabanga Nickel said on Monday, as the world’s largest miner seeks to expand its portfolio in commodities deemed key to the green energy transition. The move marks BHP return to Africa, where it been inactive
Companies mining in Mali have not so far been impacted by tough economic sanctions imposed on the country by the Economic Community of West African States (ECOWAS), they said, telling investors their mines can withstand potential supply disruption. Mali is one of Africa’s biggest gold producers, with mining contributing around 10% of its gross domestic
The Democratic Republic of Congo’s central bank has failed to account for $530-million that State mining company Gecamines says it paid to the government mostly during former President Joseph Kabila’s final term in office, the nation’s top anti-corruption official said. The disappearance of the so-called tax advances was flagged by Inspector General of Finance Jules Alingete in
On the 24 November 2021, a group of G7 countries, including Japan and the US, announced the decision to release crude oil inventories from their Strategic Petroleum Reserve (SPR). For the US Government, the SPR was an underground salt tank that had to be built in Utah as a recession and warproof facility in response
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