DRC

CFSI enables companies to comply with new EU Conflict Minerals rules

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Conflict-Free Sourcing Initiative Expands Geographic Scope, Adopts Risk-Based Approach

Tesla Storage announcement is another piece of the puzzle in renewable energy hybrid markets

THEnergy observes increasing interest in storage solutions from industrial off-grid end-customers and project developers.

Cecilia Jamasmie

China’s Zijin inks deals with two Canadian firms on the same day

Cecilia Jamasmie | May 26, 2015
China’s Zijin grabs stake in two Canadian firms on the same day

Perhaps the most important aspect of today’s agreements is the fact that both aim to form long-term strategic partnerships to collaborate on further ventures, opening new markets for all the firms involved.

World Bank, IMF, UNDP and Diplomatic Reps Tour Sicomines Project to Observe Progress of the DRC’s First Infrastructure-For-Minerals Partnership Mines

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Facilities scheduled to start production in the fall of 2015; seen as model for future foreign investment and development projects

EU lawmakers surprise with vote on ‘blood metals’ ban

Cecilia Jamasmie | May 20, 2015
EU lawmakers surprise with vote on ‘blood metals’ ban

The main objective of the legislation is to ensure that profits from those so-called “blood metals” — tungsten, tin, tantalum and gold — do not go to African warlords.

Europe set to adopt voluntary conflict mineral law

Frik Els | May 18, 2015
Europe set to adopt own conflict mineral law

Providing proof of origin of tin, tantalum, tungsten, and gold near conflict zones voluntary under law to be adopted this week.

DRC: Mining code negotiations to resume

The Africa Report | April 21, 2015

The DRC's government has told mining companies it intends to reopen negotiations with them over a revision of the mining code sent to parliament last month.

Zijin Mining buys 10% of Canada's Ivanhoe Mines

Cecilia Jamasmie | March 23, 2015
Zijin Mining buys 10% of Canada's Ivanhoe Mines

Zijn's main interest in Ivanhoe seems to be the Kamoa copper project.

Copper market vulnerable to DRC politics: CIBC

CEO.CA | March 10, 2015
DRC copper uncertainty

The Democratic Republic of Congo, a big, lush, mineral-rich country in the heart of Sub Saharan Africa, currently produces roughly 6% of the world’s copper.

Randgold's Kibali ramp-up on track for 600koz

Frik Els | January 27, 2015
Randgold's Kibali ramp-up on track for 600koz

Randgold Resources' $1.7bn Kibali project in DRC is operating at design after commissioning of metallurgical plant and first of three hydropower plants.

DRC gold production set to quadruple

MINING.com Editor | October 26, 2014
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The amount of gold produced by the Democratic Republic of Congo is on track to be four times the amount produced last year, thanks largely to the opening of the Kibali gold mine in May.

Opportunities but also challenges for Africa’s gold-producing countries

Randgold Resources | October 22, 2014
mark bristow

Randgold Resources chief executive Mark Bristow argues that the looming undersupply of gold will create opportunities for mineral-rich African countries but they will have to compete aggressively for shrinking exploration dollars.

This $2 million red diamond is the hero in Rio’s annual tender

Cecilia Jamasmie | August 12, 2014
This $2 million red diamond is the hero in Rio’s annual tender

In the 30 years Rio Tinto's Argyle Pink Diamonds have been tendering the rare gems, only 13 red diamonds have been brought in.

Huge miss at Randgold's Kibali

Frik Els | August 7, 2014
Huge miss at Randgold's Kibali

Output falls 19% at $2.5 billion DRC mine.

De Beers changing its diamond sales model

Cecilia Jamasmie | July 22, 2014
De Beers changing its diamond sales model

The world's largest diamond miner by market value said it will adopt a more flexible sales approach.

Diamond industry recovers place in miners’ hearts on climbing demand, prices

Cecilia Jamasmie | July 8, 2014
Diamond industry recovers place in miners’ hearts on climbing demand, prices

Sector now delivering some of the healthiest returns for many of the world’s biggest miners, including Rio Tinto and Anglo American.

Tesla’s Gigafactory: Needs 6 new graphite mines, but where will cobalt be sourced?

Satellite images show Tesla's Gigafactory ambitions

The electric motor company's plans to double the globe's battery output will up graphite demand 152%, but sourcing cobalt outside the Congo could prove difficult.

Ivanhoe raising C$150m in equity for Congo mines

Frik Els | May 20, 2014
Ivanhoe raising C$150m in equity for Congo mines

Robert Friedland, executive chairman of the Vancouver-based company is pitching in himself.

One of the largest gold mines in Africa opens

Julienne Bay | May 2, 2014
Kibali gold mine officially kicks off in DRC

Kibali will rank as one of the largest gold mines in Africa when in full production, expecting to produce an average of 600,000 ounces of gold per annum over the first twelve years of its life.

Diamonds may be forever, but current prices are not— experts

Cecilia Jamasmie | April 21, 2014
Diamonds may be forever, but current prices are not— experts

Despite billions spent on exploration, only around 30 significant diamond mines are currently in production.

Dubai refiner responds to conflict gold charges

MINING.com Editor | February 26, 2014
Dubai refiner responds to conflict gold charges

Dubai-based Kaloti Jewellery Int'l, one of the world's largest gold refiners, denies it paid out over $5 billion in cash for gold from African war zones.

DRC mining billionaire turns 29,900% profit on oil deal

Frik Els | January 27, 2014
DRC mining billionaire turns 29,900% profit on oil deal

Perfecting a strategy honed with copper and gold, Dan Gertler sells back to the DRC an oil block for $150 million acquired 7 years before for $500,000.

Randgold jumps on strong performance at Kibali

Frik Els | January 20, 2014
Randgold jumps on strong performance at Kibali

After its first quarter of operation, the $1.7 billion project in the DRC is now expected to meet its forecast of 550,000 ounces for the current year.

Diamond prices to jump next year— Alrosa

Cecilia Jamasmie | December 2, 2013
Alrosa’s production, revenue up in Q1

A steady diamond demand in Europe, paired with an ever growing appetite for these precious stones in China and India, are to blame, says Alrosa.

A look at the mines funding warlords in the DRC

Ana Komnenic | November 21, 2013
Europe set to adopt own conflict mineral law

In an effort to expose and monitor these mining operations, a Belgian research group has been creating the first maps of eastern DRC's artisanal mining areas.

Chinese said to eye Ivanhoe Mines stake

Frik Els | November 7, 2013
Chinese said to be looking at Ivanhoe Mines stake

Robert Friedland's African projects capture the interests of China National Gold after state-owned firm said no to African Barrick.

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