UNIDO’s Post

Welcoming Belararox Ltd’s Investment Plans in Zambian Copper Exploration The Zambia High Commission in Canberra has noted the announcement by Belararox Ltd (ASX: BRX) that it has initiated proceedings to acquire exploration rights in the Solwezi East and Chantente areas within Zambia’s prolific Northwestern Copperbelt. This announcement by Belararox Ltd signifies confidence in the stability and potential of Zambia's mining sector and aligns with the New Dawn’s strategic economic objectives. Belararox’s investment, integrating into their broader portfolio of clean energy metal projects, speaks to the rich opportunities that Zambia’s mineral resources present. We view this potential partnership as an encouraging step toward sustained economic growth and diversification within our mining industry. Further, as Zambia continues to emphasize economic diplomacy and prioritizes the mining sector as a key engine of growth, the Zambia High Commission assures Belararox and all prospective investors of its full support. We are committed to facilitating a conducive business environment, ensuring that potential investments such as these can be executed smoothly and yield the desired outcomes for all stakeholders involved. This development is not just a vote of confidence in Zambia’s mining sector, but it also represents an opportunity for growth and partnership. We stand ready to engage with Belararox Ltd and Chemopharm Limited to support the successful fruition of this project. -ENDS- Dr. Elias Munshya HIGH COMMISSIONER FOR ZAMBIA High Commission of Zambia to Australia and New Zealand #ForeignAffairsZambia #munshyadiplomaticdiary #ZambiaRising #NewDawn #CopperExploration

SOUTH Africa was forgoing billions of rands in output owing to a deteriorating business environment, said BusinessLive citing Anglo American boss Duncan Wanblad. Speaking at the Joburg Indaba, Wanblad said: “We will never know the amount of investment that companies within and outside South Africa are choosing not to make in South Africa as a result of our very real challenges”. Wanblad said Anglo American hadn’t prioritised exploration in South Africa for many years because it had prioritised “areas most prospective for commodities being sought”. “We also have to structurally look at how the system is set up for exploration in South Africa. I don’t think exploration in South Africa is in any way incentivised. For exploration to occur, South Africa would need to set up an environment that was more accommodative of … a multiyear investment,” Wanblad added. South Africa’s share of global exploration spending has dropped to less than 1% from a peak of 5% in 2003, and it has remained stubbornly below 1% for more than a decade, said BusinessLive. https://lnkd.in/dqC6C8CN

The unreasonable Generator conversions to hydrogen, make to use. Consider not huge changes but incremental provincial changes. Job creation ✔️ Clean energy ✔️ DSG and energy tax incentives ✔️ If you don't think hydrogen is possible, Look up Enapter.

Uganda’s Mineral Sector will soar with the Launch of the Woodcross In a momentous occasion attended by dignitaries and stakeholders alike, Uganda marked a significant stride in its mineral sector with the official Presidential launch of a tin smelting facility in Ruti, Mbarara. As the President shared his vision and commitment to value addition and industrialisation, I finally understood what he had been on about when he banned the exportation of unprocessed minerals including Tin. When an industry is set up locally to add value, it not only gives more value for money but also offers employment opportunities for the locals and ensures revenue support for other utilities like water and electricity, among other benefits. His commitment to value addition was not just made evident by his presence at the launch of the facility; but he went ahead and made a pronouncement that all Tin mined in the country be channeled to the Smelter in Ruti, Mbarara for processing; unless another similar facility is set up in the country that can equally process Pure TIN at 99.95%. Such levels of purity can directly be used by industries and be exported at a much higher value. Uganda boasts abundant mineral resources, with over 27 varieties with tin holding a significant place, with deposits found in various districts including Ntungamo, Isingiro, Mbarara, Kabale, and Kisoro. The journey towards harnessing Uganda's mineral potential has been long-standing, with tin mining dating back almost a century in South Western Uganda. However, the sector has largely remained artisanal and small-scale, lacking systematic evaluation and value addition. Uganda's commitment to international standards is evident through its implementation of the International Conference on Great Lakes Region (ICGLR) Regional Certification Mechanism. The recent launch of a mineral certification mechanism underscores Uganda's dedication to responsible mineral exploitation and compliance with international obligations. The WoodCross tin smelting facility, spearheading the tin smelting venture, has already acquired the ICGLR certificate, positioning itself as a beacon of responsible and sustainable mineral processing. With a production capacity of 1000 tonnes of tin ingot per year and an investment of USD 2 million, the facility promises to significantly contribute to Uganda's GDP, which already sees a 2.2% contribution from the mineral sector (UBOS 2023).

Exciting developments are underway in Mozambique's Port of Maputo, set to become a crucial global chrome export hub with a planned $2 billion capacity expansion. The African Development Bank is spearheading the upgrade with a $40 million investment in locomotives and wagons, and additional funding may be on the horizon from the Development Bank of Southern Africa. This investment aims to transition millions of tons of minerals, like chrome, from truck to rail transport, slashing costs and reducing road traffic by up to 40%. With South Africa's port and rail volumes hampered by corruption and theft, Maputo emerges as an attractive alternative for exporters. Trucking chrome, iron ore, and coal to port has led to border congestion, prompting a shift towards more efficient rail transport. This move not only cuts costs but also benefits the environment by reducing emissions and traffic congestion. As South Africa accounts for over 60% of global chrome ore supplies, optimizing rail links from Maputo will have far-reaching impacts on global supply chains and trade dynamics. With increased rail capacity, the Port of Maputo is poised to solidify its position as a vital player in the global minerals market. Click to read : https://lnkd.in/dCTnJ34H Click to read : https://lnkd.in/dRZc42jh #expansion #maputo #portservices

Acceleration is needed for this

$TRE - Toubani Resources is pleased to announce that it has appointed Lycopodium Minerals as lead engineer for the Definitive Feasibility Study Update for its Kobada Gold Project in southern Mali. The Kobada project hosts 2.4 Moz1 in Mineral Resources which occurs over a 4.5km strike length and is predominantly free-digging, oxide and open pittable. Toubani Chief Executive Officer, Phil Russo, commented: “We are very pleased to be partnering with Lycopodium on the DFS Update. Lycopodium is a Tier 1 engineering company with an enviable track record in both studies and project execution in Mali and West Africa, and its operational insight and experience will be key as we position Kobada as an oxide-dominant gold project of significance. The DFS Update will utilise the recent Mineral Resource update as the foundation for the Kobada pit design and mine planning. With some 1.5Moz in shallow, free-digging oxide Mineral Resources, we are able to plan an oxide focussed project phase over an extended life leveraging the technical strengths that make Kobada compelling. We look forward to advancing the DFS Update at a key point in time for the Company and the sector overall given the dearth of low technical risk projects of scale currently coming through the development pipeline.” Read more: https://lnkd.in/g8_tsaQe #gold #goldmining  

Just read this full Q&A interview with AMSOL CEO Dan Ngakane who is committed to empowering people and dedicating resources to ensure the future sustainability of the maritime industry. "By investing in training and development we are expanding the talent pool and building a skilled workforce that can drive the future sustainability of these diverse sectors." Read more here: https://lnkd.in/dZds4ZfG

$TRE - Toubani Resources is pleased to announce that it has appointed Lycopodium Minerals as lead engineer for the Definitive Feasibility Study Update for its Kobada Gold Project in southern Mali. The Kobada project hosts 2.4 Moz1 in Mineral Resources which occurs over a 4.5km strike length and is predominantly free-digging, oxide and open pittable. Toubani Chief Executive Officer, Phil Russo, commented: “We are very pleased to be partnering with Lycopodium on the DFS Update. Lycopodium is a Tier 1 engineering company with an enviable track record in both studies and project execution in Mali and West Africa, and its operational insight and experience will be key as we position Kobada as an oxide-dominant gold project of significance. The DFS Update will utilise the recent Mineral Resource update as the foundation for the Kobada pit design and mine planning. With some 1.5Moz in shallow, free-digging oxide Mineral Resources, we are able to plan an oxide focussed project phase over an extended life leveraging the technical strengths that make Kobada compelling. We look forward to advancing the DFS Update at a key point in time for the Company and the sector overall given the dearth of low technical risk projects of scale currently coming through the development pipeline.” Read more: https://lnkd.in/geW5Yk-4 #gold #goldmining  

The relaunch of Mopani Copper Mines marks a transformative chapter for Kitwe, the Copperbelt, and the broader Zambian mining industry. This pivotal event, celebrated with President Hakainde Hichilema’s commendation, signifies a major economic transformation driven by the strategic partnership with International Resources Holding (IRH) from Abu Dhabi. The collaborative venture, which ensures a 49% shareholding for Zambian citizens through ZCCM-IH, is a testament to a future of shared prosperity and sustainable development. IRH's investment of $1.1 billion, a significant gesture from the United Arab Emirates, opens new horizons for Zambia, potentially catalyzing further investments in green energy and beyond. This move not only solidifies Zambia’s economic trajectory but also sets a precedent for international partnerships characterized by mutual respect and equitable benefits. The initiation of the Supplier Development Program by Mopani underscores a commitment to local economic empowerment, promising to enhance the capabilities of Zambian businesses through crucial support in capital access and business development. This initiative is pivotal in fostering a sustainable economic ecosystem that benefits local suppliers and the community at large. As Zambia looks to the UAE’s remarkable success in transforming its economy through resource management, this partnership with IRH heralds a new era of economic development and international cooperation. The heartfelt gratitude expressed by the Zambian government to His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Highness Sheikh Tahnoon Bin Zayed Al Nahyan reflects the deep appreciation for the support that has been pivotal in strengthening the ties between Zambia and the UAE. The Mopani Copper Mines relaunch is more than a corporate milestone; it’s a beacon of hope for Zambia’s future, promising economic growth, local empowerment, and a sustainable path forward for the nation's mining sector. #zambia #miningsector #economicempowerment #economicgrowth #sustainability #resourcemanagement #sustainabledevelopment