Tag Archive: 000 tons

2016 global mining industry news 2

Rwanda and Oman signed an agreement 39 million dollars in minerals

“New Age” February 10 Journal article said that Oman Lu Tri Metals Mining Corporation and Lu Lu Department of Natural Resources and the Investment and Development Agency signed three large-scale mineral agreement, worth 39 million dollars, mainly in the western province of Bisesero concession tin, tantalum, niobium and tungsten ore. Allegedly, in 2015 Lu mining industry output value of 140 million US dollars, the last four years will receive each year about 50 parts mineral concession license application.

Congo (DRC) National Mining Corporation 2016 turnover of $ 1 billion growth plan

It is just news agency reported that the Congo (DRC) National Mining Corporation (GECAMINES) plans to achieve a turnover of $ 1 billion increase production targets in 2016.
Executive Director Ahmed pointed out that the company has formulated a series of revitalization plan contains multiple items, including the implementation of the Development Bank of South Africa (DBSA) and the signing of the financing agreement and Deziwa deposit mining project Ecaille copper company signed with SOMIDEC implementation. And the company has invested $ 72 million newly discovered deposit Prospecting, the deposit area of about 7,000 square kilometers, copper reserves of 400 million tons.

Zambia 2016, 2017 copper production is expected to be flat at 700,000 tons

A senior government official said on Monday that the next two years, Zambian copper production will be about 70 million tons by 2018 will rise to 1 million tons.
The second-largest copper producer in Africa – Zambia 2015 copper production of 708,000 tons from the previous year, rose slightly to 711,515 tons, mainly due to the new Canada’s First Quantum Minerals (Canada’sFirstQuantumMinerals) ‘s out.
Permanent Secretary of the Ministry of Mines of Zambia PaulChanda told reporters: “the same level of production is expected to last as copper prices continued to slump, partially frozen mine production.”
Chanda said Zambia’s copper production is expected in 2018 jumped to about 100 million tons, then the price of copper is expected to begin to rebound.