spot_img

TOMRA Mining XRT technology...

TOMRA has installed a first X-Ray Transmission (XRT) sorter at Saloro’s tungsten mine...

Scrap metal ban is...

The SEIFSA Office has noted with concern submissions to the DTIC calling for the extension...

Steel Awards Pan-African Trailblazer...

Innovation, quality and capability are hallmarks of a Pan-Africa trailblazer, and therefore no...

IMDEX BOLT bridges the...

If the maxim in building is measure twice, cut once, then the underground...
HomeTRUCKINGDRC, UAE seal...

DRC, UAE seal US $2bn mining deal

The Democratic Republic of Congo and the United Arab Emirates (UAE) have sealed a US $2billion deal that will involve exploitation of 3Ts minerals (Tantalum or Coltan, Tungsten, and Tin) in the Kivu region of eastern DRC.

The contract was signed between the state-owned firm Société aurifère du Kivu et du Maniema (Sakima SA) and Primera Mining, an Emirati company in the presence of President Félix Tshisekedi, who had previously received a delegation from the UAE led by Sheilk Shakhboot Nahyan Al Nahyan, the Minister of State for Foreign Affairs of the United Arab Emirates.

Doors to opportunities

The partnership between the DRC and the UAE adds to existing mineral exploration efforts by the UAE in South Kivu province through the firm Primera Gold. President Tshisekedi expressed his belief that this new partnership could be transformative for the Congolese people, particularly those in the east of the country. He hopes that the project will create more business opportunities in the Kivu region, providing an alternative to the activities of armed groups that have made the region unsafe for the last three decades in North Kivu and Ituri provinces.

It’s worth noting that in June 2021, the DRC and Rwanda signed a cooperation partnership for gold mining with the aim of depriving armed groups of income from gold mining in eastern Congo. However, due to the resumption of the M23 war, which Kinshasa claims is supported by Rwanda, the partnership between Sakima SA and the Rwandan company Dither LTD was suspended from May 2022.

Get notified whenever we post something new!

Continue reading

TOMRA Mining XRT technology delivers significant grade improvement at Saloro’s tungsten mine

TOMRA has installed a first X-Ray Transmission (XRT) sorter at Saloro’s tungsten mine in Barruecopardo, Spain. The sorter, implemented in the beneficiation stage, is consistently delivering a much higher head grade to the processing plant, significantly reducing costs. Tungsten is...

Scrap metal ban is not working and should not be extended

The SEIFSA Office has noted with concern submissions to the DTIC calling for the extension to the scrap metal export ban which is scheduled to come to an end in December 2023. “SEIFSA’s position has always been that the scrap metal export...

Steel Awards Pan-African Trailblazer sponsor Macsteel supports steel innovation and reinvention across Africa

Innovation, quality and capability are hallmarks of a Pan-Africa trailblazer, and therefore no surprise that Macsteel, a leading manufacturer, merchandiser and distributor of steel and value-added steel products was first in line to take up the highly sought-after Pan-African Trailblazer sponsorship...
spot_img