News

FQM’S KANSANSHI MINE HANDS OVER K1.2M IN CHEQUES TO SIX SOLWEZI COOPERATIVES

First Quantum Minerals’ Kansanshi Mining PLC has handed over cheques amounting to K 1.2 million to six cooperatives engaged in various business activities, each receiving K 200,000 in a continued effort to support and improve the welfare and livelihood of communities in Solwezi. The mining firm is alive of the …

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GLENCORE DRC OPERATIONS HOST COMMUNITY TOWNHALL

Glencore recognises that robust and respectful engagement with stakeholders is essential for its industrial assets to maintain their licence to operate. Kamoto Copper Company S.A. (KCC) and Mutanda Mining SARL (MUMI) host a community townhall in Kolwezi on 29 June 2023. Community townhalls are one of the engagement platforms available …

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Zambia short-lists investors to buy Mopani Copper Mines.

Zambia’s state-owned ZCCM Investment Holdings (ZCCM.LZ) confirmed on Monday that China’s Zijin Mining (601899. SS) and Sibanye Stillwater (SSWJ.J) are among the investors short-listed to buy Mopani Copper Mines. The list includes those companies, China’s Norinco Group and an investment vehicle owned by ex-Glencore officials, Reuters reported on June 20, citing sources. The search for a new investor …

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ACTIS SIGNS DEAL TO SELL RENEWABLE YET ANOTHER ENERGY PLATFORM

London-based private equity firm Actis has agreed to sell its 100% stake in African green energy platform BTE Renewables to French companies Engie and Meridiam in a deal valued at $1bn. Under the Sales and Purchase Agreement signed with Actis, Engie will acquire BTE’s South African assets while Meridiam will acquire the …

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MINING COMPANIES AND TRADERS EXPECT HUMAN RIGHTS DUE DILIGENCE

Over the last couple of years, we have witnessed a growing number of recommendations and legal requirements on responsible business practices and broader ESG full value chain due diligence, which place greater expectations on companies along the entire minerals value chain. Today, when it comes to discussing the respect and …

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Determining drinking water safety is essential

Access to safe drinking water is a privilege not shared by many in Africa. Often, drinking water is contaminated – by damaged infrastructure and distribution systems, breakdowns at treatment facilities, rapid urbanisation and general water pollution – meaning scores of South Africans are obliged to turn to groundwater. However, to …

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Glencore Address ESG Factors and Gender Equality in Mining at DRC Mining Week Conference

The company wants to see more women join the mining sector and is trialling a number of approaches to improve gender diversity across its operations. Its sustainability framework is focused on four core pillars: health, safety, environment, and social performance and human rights. Through the combined ‘Cahiers des Charges’ of …

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GLENCORE SUPPORTS SENTIMENT TO ‘RECOGNISE DRC MINING’S TRIUMPHS’ AT DRC MINING WEEK CONFERENCE

At the end of 2022, Glencore’s operations Kamoto Copper Company S.A. (KCC) and Mutanda Mining SARL (MUMI) together employed more than 8,700 people and had 7,650 contractors. 98% of employees are DRC nationals In 2022, KCC provided employees with smartphones and Umoja, a first of its kind employee engagement app, …

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GLENCORE SUPPORTS WORLD DAY AGAINST CHILD LABOUR – CONTINUES TO SUPPORT EFFORTS TO KEEP CHILDREN IN SCHOOLS

Glencore is committed to implementing the UN Guiding Principles on Business and Human Rights and upholds the UN Declaration of Human Rights and the International Labour Organization Declaration on Fundamental Principles and Rights at Work. Community-focused support by Glencore in Kolwezi, Lualaba Province of the DRC, to help provide access …

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Epiroc and SSAB to explore sustainable options for manufacturing spare parts and components

Earlier this year Epiroc and SSAB announced a further expansion of their partnership to secure fossil-free steel for use in the production of Epiroc’s mining equipment. Since then, the two companies have expanded their collaboration into also exploring the possibilities to use fossil-free steel when manufacturing spare parts and components …

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