Ivanhoe Mines has concluded with Société Nationale des Chemins de Fer du Congo (SNCC), a memorandum of understanding (MoU) to rehabilitate the railway that connects its Kipushi mine to Munama, South of Lubumbashi.
Under the MoU, construction works will begin at the end of 2018. Ivanhoe will appoint consultants to conduct front-end engineering study to assess the impact and cost of rehabilitation of this infrastructure which is offline since 2011.
According to Robert Friedland (picture), CEO Ivanhoe, reviving the railway is the most economical solution for the transport of the future zinc concentrate production of 530,000 tons/yr from the Kipushi mine. Indeed, he believes that a single train can substitute 50 road trucks, and is thus more beneficial, in terms of security and environmental impact.
Ivanhoe’s goal, it should be recalled, is to restart production at Kipushi, a mine existing since 1924 and exploited until 1993.
Louis-Nino Kansoun
Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...
Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 1...
Rwanda, partners break ground on $2 billion Kigali Innovation City Smart city targets ...
MTN is considering buying back telecom towers it sold years ago, signalling that control of infras...
The government is asking SOTEL and Airtel to amend a 2025 agreement The N’Djamena–Mberé route...
India signed digital public infrastructure cooperation agreements with 23 countries, including six in Africa. Six African countries will access 18...
Cameroon’s export volumes to the United States rose 12.6%, but export value fell 16.6% between August and November 2025. Cocoa paste revenues...
Egypt targets doubling oil production within five years Government renegotiates contracts to attract foreign investment Plan includes arrears...
Douala port to build 300 MW power plant CFA 628 billion BOT project backed by Chinese firms Plant aims to secure power, ease grid pressure The Port...
Porlahla Festival ends third edition in Kouto, promoting Senufo culture Event draws regional and international participants, boosting cultural...
Essaouira is a coastal city in Morocco, on the Atlantic Ocean, in the Marrakech–Safi region, about two and a half hours by road from Marrakech. It stands...