Africa

The Commercial Court (TRICOM) of Lubumbashi and the entire Congolese judicial system must respect the measures and decisions of the international arbitration regarding the Dathcom Mining SA case, without being influenced.

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Several Congolese newsrooms, including those of the Consortium composed of EcoNews, Congo Nouveau, Leader, Mining News Magazine, have learned from the MOMENTUM firm headed by Me Christian Lukusa that there will be a hearing at the Lubumbashi Commercial Court (TRICOM) this Monday, March 25, 2024, on the request of the public company La Cominière headed […]

The Commercial Court (TRICOM) of Lubumbashi and the entire Congolese judicial system must respect the measures and decisions of the international arbitration regarding the Dathcom Mining SA case, without being influenced. Read More »

The curious case of AVZ, the Democratic Republic of Congo, and the largest lithium deposit on the planet

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Tue, March 19, 2024 03:24 The legal battle (if it can be called that) concerning AVZ Minerals’ mega lithium deposit in the Democratic Republic of Congo (DRC) evokes images of the delirious Cantina bar scene in Star Wars. You know, the one where all the characters have two heads, or three arms, or a long

The curious case of AVZ, the Democratic Republic of Congo, and the largest lithium deposit on the planet Read More »

MEMORANDUM OF UNDERSTANDING ON A PARTNERSHIP ON SUSTAINABLE VALUE CHAINS OF CRITICAL AND STRATEGIC RAW MATERIALS BETWEEN: THE EUROPEAN UNION REPRESENTED BY THE EUROPEAN COMMISSION AND THE DEMOCRATIC REPUBLIC OF THE CONGO

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I. Objective The European Union and the Democratic Republic of Congo (hereinafter referred to as the “Participants”) agree to establish a strategic partnership on sustainable value chains for critical and strategic raw materials (hereinafter referred to as the “Partnership”) by signing this Memorandum of Understanding (hereinafter referred to as the “Protocol”). Within the framework of

MEMORANDUM OF UNDERSTANDING ON A PARTNERSHIP ON SUSTAINABLE VALUE CHAINS OF CRITICAL AND STRATEGIC RAW MATERIALS BETWEEN: THE EUROPEAN UNION REPRESENTED BY THE EUROPEAN COMMISSION AND THE DEMOCRATIC REPUBLIC OF THE CONGO Read More »

GECAMINES-IVANHOÉ MINES RESUME ZINC PRODUCTION IN KIPUSHI

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The Congolese state-owned mining company, Générale des Carrières et Mines, announced on Friday, April 27, 2023, the signing of a term sheet with its partner Kipushi Corporation, abbreviated as KICO, in order to raise funds for the operational resumption of production at the KIPUSHI mine. With a US$250 million credit facility backed by Glencore, these

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Barrick Gold is doing better than Freeport-McMoRan Copper & Gold

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Freeport-McMoRan (NYSE: FCX) shares  have fallen 12% so far in 2020. But wait,  Barrick Gold (NYSE: GOLD), the  stock  of the same company,  has risen 45% so far in 2020. If we compare the stock price trends of these mining giants over the past few years, we can see that FCX’s stock price has fallen 37%, from $19 at the

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Michel Notebaert, Director of Rawbank: “The customer is at the heart of our concerns.”

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One week before the start of Mining Indaba 2017 in Cape Town, our editorial team had asked the organizers to facilitate interviews with some captains of banks, global financial organizations and multinational mining companies. Rawbank was on our shortlist because of its growing importance in the mining sector of the Democratic Republic of Congo. It

Michel Notebaert, Director of Rawbank: “The customer is at the heart of our concerns.” Read More »

The head of mining giant Anglo American resigns amid social turmoil

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The resignation announced on Friday of Cynthia Carroll, the head of mining giant Anglo American, the world’s number 1 platinum producer, did not surprise insiders, as the group strives to emerge from a violent social crisis in South Africa.”Shareholder discontent had been evident for some time,” Canadian bank BMO noted in an analysis. Just last

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