· Renewable energy was the source of over 80% of Kenya's electricity, according to 2022 data, and President Ruto said he plans to make this 100% by 2030.Kenya is close to being like other countries
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28 January 2024 05:00 AM. The Democratic Republic of Congo will receive $7 billion in financing through a revamped minerals-for-infrastructure contract with China, according to the mining company central to the agreement. And there's no quick fix. Companies and governments can't simply decide to refuse cobalt from artisanal mines.
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Communaute Miniere de Goma is a collective of miners and traders based in the city of Goma, located in the North Kivu province of the Democratic Republic of Congo. The group works in tandem to extract and distribute a range of minerals, such as gold, tin, tungsten, and tantalum. The community is renowned for its commitment to responsible and
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With 100 years of partnership, you can continue to rely on Komatsu quality, insights and service. Through technology and manufacturing innovation, we partner with you to create sustainable solutions. Watch our brand story to learn about Komatsu and what we do to support your equipment and solutions in the construction, mining, forest, utility
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From February 4 (Sat.) to 11 (Sat.), Mr. Satomi Ryuji, Parliamentary Vice-Minister of Economy, Trade and Industry, visited the Republic of South Africa and the Republic of Kenya. In the Republic of South Africa, Parliamentary Vice-Minister Satomi attended the Investing in African Mining Indaba (Mining Indaba 2023), where he gave a keynote
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The Kibali gold mine is located in the northeast of the Democratic Republic of Congo (DRC), approximately 220 kilometres east of the capital of the Haut Uele province, Isiro,
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What We Do. Somika is continuously reinforcing its mining operations by bringing more and more areas under operations, targeting a four-fold growth. Somika has Hydro-metallurgy based facility to manufacture 3000 tonnes Cobalt Hydroxide annually, 30,000 tonnes Copper Cathode annually. Somika produces Cobalt Hydroxide of 30 to 35% of purity
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· Democratic Republic of Congo's government is reviewing its $6 billion "infrastructure-for-minerals" deal with Chinese investors as part of a broader examination of mining contracts, Finance Minister Nicolas Kazadi told Reuters. President Felix Tshisekedi said in May that some mining contracts could be reviewed because of concerns they are
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· A subsidiary of the Democratic Republic of Congo’s state mining company Gecamines said last week it had secured $75 million in funding to build a new hydro-metallurgical unit to produce
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· Established in 1974, Glencore stands as one of the biggest cobalt mining companies in Congo, Africa. According to a report by Fastmarkets , Glencore achieved a 40% year-on-year increase in cobalt output during 2022 to a total of 43,800 Tonnes, which contributes significantly to the global cobalt supply chain.
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:Shanta Gold Board of DirectorsShanta Gold LimitedWest Kenya · DRC’s gold mining sector is also witnessing renewed interest from mining companies. In 2021 the production of mining resources increased from 10,000 tons to
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Bakagem Mining pioneers innovative solutions in the realm of mining and quarrying, dedicated to meeting the unique demands of our esteemed clientele across Congo and Burundi. Beyond mere extraction, we are champions of sustainable practices, ensuring the responsible sourcing of vital materials essential to global development. Moreover, our
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APPENDIX A. PARTIAL LIST OF MINING COMPANIES OPERATING IN KENYA 53 APPENDIX B. APPLICATION PROCEDURES FOR LICENSES AND PERMITS 54 CONTENTS KENYA MINING INVESTMENT HANDBOOK
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Established in 2009 in the Democratic Republic of Congo, Mining Mineral Resources (MMR) stands as a pioneer in the exploration and production of crucial minerals such as Tin, Tantalum, and Tungsten. Setting a benchmark in responsible sourcing, MMR spearheaded the introduction of iTSCi in the country and proudly holds the status of being an OECD
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The Tarime gold property (PL 2677/2004) is located in northern Tanzania within the Musoma-Mara greenstone belt of the Lake Victoria Goldfield, in Tarime District, Mara Region. The property covers a total of 518.68km2 in QDS (Quadrangle) 5/1, 2, 3 & 4. Its accessibility is through the Tarime-Musoma road that crosses the property at the
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Shanta acquired the West Kenya Project in late 2020, which is believed to be among the highest grading gold projects in Africa. The project is located in an underexplored
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· In 2021,the country’s total value of minerals produced increased by 33 per cent from Sh22.7billion in 2020, to Sh30.2 billion. “This is attributed to a 31.5 per cent increase in the value of the titanium ore minerals fromSh19.5 billion to Sh25.6 billion in 2021,” Kenya National Bureau of Statistics says in its Economic Survey 2022. The
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July 19, 2023. CMOC owns a majority stake in the Tenke mine. Credit: Alexa from Pixabay. Chinese miner CMOC Group has agreed to make a settlement payment of $800m between 2023 and 2028 to Congo’s state-controlled mining company Gécamines to end a dispute related to the Tenke Fungurume copper and cobalt mine in the Democratic Republic of
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· The Democratic Republic of Congo President Felix Tshisekedi has sacked the head of the state-owned mining company Albert Yuma Mulimbi. Mr Mulimbi was chairman of the board of Gécamines, the largest state-owned mining company in the Democratic Republic of Congo. Through orders read out by the president’s
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Office National des Transports head office in Kinshasa. Regideso building in Kinshasa. Congo Railway 's first train arrives in Kindu in 2004 after the rehabilitation of the line. A Compagnie Africaine d'Aviation Boeing 727 freighter aircraft departing Goma International Airport (2006) A Korongo Airlines Boeing 737-300.
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· Existing state mining companies should be privatised at the earliest opportunity With the regulatory framework overhauled, foreign investment was unleashed to seek out fresh opportunities. Mining exploration in Africa increased from 4% of total mineral exploration expenditure worldwide in 1991 to 17.5% in 1998.
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· Despite this wealth, Kenya’s mining revenues have historically lagged, averaging just over US$100 million annually. However, projections by the Kenya Chamber of Mines foresee transformative potential, estimating a sectoral contribution of 10% to GDP and over US$10 billion by 2030.
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Mining companies in the Democratic Republic of Congo include both large, international mining houses and Artisanal and Small-Scale Mining companies (ASM). List of
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· Lastly, the United Arab Emirates signed a $1.9bn deal with a state mining company in July 2023 to develop four mines (with tin, tantalum, tungsten and gold) in the turbulent eastern Kivu and
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· Recently, the U.S. government has made “a real push” to “look at Africa and see what can be done to assist U.S. and other Western mining companies to get involved,” USIP Africa analyst Tom Sheehy said last month, notably by investing in building a $2.3 billion railroad to carry copper and cobalt from Congo and Zambia to Angola’s
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:Democratic Republic of The CongoCongo MiningMining and Minerals · The Democratic Republic of Congo President Felix Tshisekedi has sacked the head of the state-owned mining company Albert Yuma Mulimbi. Mr Mulimbi was
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· Swiss mining giant Glencore is at the center of a US legal case against Big Tech linked to child labour in the Democratic Republic of Congo. More Glencore faces British criminal probe This content
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· LONDON, Feb 16 (Reuters)-China's CMOC Group (603993.SS) overtook Glencore (GLEN.L) to become the world's largest producer of cobalt last year as it ramped up its new Kisanfu mine in the
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· It is not clear how large the coltan deposits found in Kenya are. Mining officials have previously hinted that Kenya could have traces of the highly valuable ore, but Kenya's Minister for Mining
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· Narrow impacts, deep impacts. “ASM in Kenya is conducted in half a dozen districts, employs 140,000 people, and supports over 800,000 Kenyans,” says Sebastien Pennes, an associate at Levin Sources, highlighting the scale of the industry. The ASM workforce is more than 10 times larger than its equivalent in large-scale mining,
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