Copper producing junior Tiger Resources, whose shares remain voluntarily suspended from the ASX, has spent the last two years implementing a turnaround strategy to bring its 95%-owned Kipoi copper/cobalt operation back to profitability
Since March 26, Gécamines has been producing high-grade cathodes again at its Shituru plant near Likasi.
The state-owned company thus signs its return as a producer of international rank and is now part of the closed club of 4 mining companies in Congo ab...
Ever since the ongoing commodity slump rippled out to all corners of Africa, which is home to some of the world's richest metals deposits, thousands of miners have been fearing for their future, particularly in the Congo.
Glencore's recently announced plan to rescue the company, which includes halting operations at mines in the Democratic Republic of Congo and Zambia, has dealt a major blow to Africa’s top two copper producing countries.
From Australia to Chile, Indonesia to the Copperbelt, the pain of China's sharp economic slowdown is being felt in the form of depressed commodity prices, mines shutdowns and a resulting elevated unemployment.
Zambia approved mid-April a proposal to drop a recent and controversial hike in mining royalties and it is returning to a tax system based on profit in a fresh effort to try solving a six-month standoff with miners over the increase.
For two years starting on 1st September, the Democratic Republic of Congo is to take the presidency of the MIASA! Mining & Business Magazine meet with Simon Tuma Waku, president of the Chamber of Mines.