R/€ = 16.02 Change: -0.08
R/$ = 14.29 Change: -0.13
Au 1269.03 $/oz Change: -9.44
Pt 892.47 $/oz Change: -14.83


Glencore’s Jeff Gerard appointed Katanga CEO

By: Simone Liedtke     18th April 2019 TSX-listed Katanga Mining, a unit of Glencore, on Thursday announced that Glencore International’s Jeff Gerard would succeed Danny Callow as CEO of the company, effective May 2. Gerard’s appointment follows the signing of a management services agreement between Katanga and Glencore in January.... 

Kibali to break more records this year – Bristow

By: Nadine James     17th April 2019 The Kibali gold mine – ranked among the world’s top ten gold mines – has “made a strong start” to this year after having set a new production record in 2018, Barrick Gold president and CEO Mark Bristow says. Bristow says the mine, which is a joint venture with AngloGold Ashanti and Democratic... 

Katanga Mining resumes cobalt exports from DRC

By: Reuters     15th April 2019 Katanga Mining, a unit of Glencore, said on Monday it resumed exporting and selling a limited quantity of cobalt from its Kamoto project in the Democratic Republic of Congo. The company said in November it had temporarily suspended the export and sale of cobalt from the project after uranium was... 

African Battery Metals restarts exploration at DRC project

By: Marleny Arnoldi     12th April 2019 Following a detailed review of historic exploration, Aim-listed African Battery Metals (ABM) has restarted exploration activities at its Kisinka copper/cobalt project in the Democratic Republic of Congo. However, to preserve the company’s capital, the exploration programme will adopt a staged... 

Projects in DRC keep local businesses afloat

By: Khutso Maphatsoe     12th April 2019 With a lack of investment and new projects locally, stainless steel fabricator Vessel Fab has expanded its offering into Africa and has been working on a few projects in the Democratic Republic of Congo (DRC) and its neighbouring countries. Over the past decade there has been an exponential... 

Ivanhoe reaffirms its support for the DRC

By: Mariaan Webb     9th April 2019 TSX-listed mining company Ivanhoe Mines is committed to the responsible development of the mining industry in the Democratic Republic of Congo (DRC) and will work with the newly elected government to introduce the country to investors from around the world. This is according to co-chairperson... 

ERG joins UN Global Compact

By: Creamer Media Reporter      4th April 2019 Diversified natural resources group Eurasian Resources Group (ERG) has joined the United Nations Global Compact – the world’s largest voluntary corporate citizenship initiative. ERG has also undertaken to implement the compact's ten principles in the areas of human rights, labour the environment... 

Barrick, DRC President confirm partnership to grow DRC gold mining industry 

By: Simone Liedtke     3rd April 2019 Democratic Republic of the Congo (DRC) President Felix Tshisekedi and Barrick Gold Corporation executive chairperson John Thornton on Wednesday confirmed a partnership to develop the country’s gold mining industry. The two held a meeting during Tshisekedi’s State visit to the US. 

African Battery Metals eyes development of Cameroon, DRC interests

By: Natasha Odendaal     3rd April 2019 Aim-listed African Battery Metals (ABM) is now continuing work across its Democratic Republic of the Congo (DRC) cobalt and Cameroon cobalt/nickel projects following a strategic review. The company intends using the data obtained to identify an optimal value generation pathway for the company and... 

Ivanhoe eyes DRC copper mine that will be larger than Grasberg and Oyu Tolgoi 

By: Mariaan Webb     28th March 2019 Canada-headquartered Ivanhoe Mines is considering an expanded copper mining development in the Democratic Republic of Congo (DRC), which will rank the Kamoa-Kakula mine as the world’s second largest after the giant Escondida mine of BHP and Rio Tinto in Chile. At an expanded production rate of... 

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