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Thursday, 6 February 2025

African Mining Indaba I Driving sustainability and resilience in African mining

Mining Indaba 2025: Barrick announces expansion of copper exploration in Katanga, DRC

Barrick, gold and copper producer company has announced advancing its copper exploration efforts in the DemocratMaking the announcement at the sidelines of Investing in African Mining Indaba event on February 5, 2025, Cyril Mutombo, the company's Country Director said the exploration is the foundation of any mining project.ic Republic of Congo (DRC), having already secured exploration permits in Haut-Katanga.

Beijing responds to US's new tariffs with restrictions on export of five critical metals
China has announced retaliatory measures against the U.S., imposing export restrictions on five key metals—tungsten, tellurium, bismuth, indium, and molybdenum—essential for defense, clean energy, and various industries. This move follows President Trump's recent 10% tariff on Chinese imports. Beijing stated that export licenses will be required, but details on compliance criteria remain unclear.

Pulling together to meet ambitious 2030 ESG targets

Even closer collaboration within Africa's mining ecosystem will be required if the sector is to meet its ambitious environmental, social and governance (ESG) targets for 2030. With the Mining Indaba's focus on future-proofing the sector, ESG remains a primary focus.

Mining Indaba 2025: The data revolution that will future-proof mining
The global mining industry is at a crossroads.
As we gather this February at Mining Indaba in Cape Town, the question on every leader's mind should not just be about survival but about thriving in the face of rising costs, environmental scrutiny, and shifting workforce dynamics.
The answer? Data.
Harnessing and leveraging data effectively will determine who leads and who lags in this rapidly evolving landscape.

Afreximbank challenges Africa's miners to take bold steps to own the continent's resources
Africa must take bold steps to own its resources, create jobs and build industries that sustain prosperity for generations, African Export-Import Bank (Afreximbank) has told African leaders, policymakers, mining industry leaders and global partners at the African Mining Indaba 2025 in Cape Town, South Africa, on Sunday.
In a keynote address at the ministerial symposium of the Indaba, Mr. Denys Denya, Senior Executive Vice President of the Afreximbank Group, argued that the continent was standing at a crossroads and could either continue exporting its wealth and remain a marginal player in the global economy or take the bold steps to own its resources.

Mining in Africa must avoid distraction from its measured progress
Despite the geopolitical uncertainties affecting the global economy, Africa's mining sector remains well placed to expand its economic and social contribution.

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First Mining DRC-Zambia is a journal that focuses on creating a networking forum for the decision makers in businesses and Governments across Africa's Copper belt region, who are either directly or indirectly involved in mining Developments. We inform ,educate and create business and networking opportunities for all Companies that are interested in expanding their business across DRC, Zambia and beyond. FMDZ is a bi-monthly magazine for the mining industry.

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