CKM NEWSLETTER 18-10-2021

Kamoa’s Annual Production will Double Once Phase 2 Expansion Works are Done…

Kamoa-Kakula’s Phase 2 expansion, doubling production to over 400,000 tonnes of copper per year, ahead of schedule and now on track to begin full operations in Q2 2022. New Phase 1 daily production record of 721 tonnes of copper has been achieved. Kamoa-Kakula’s second filter press begins operations, allowing for increased copper concentrate production. Phase 1 concentrator ore throughput exceeding the 3.8 Mtpa… Read full article

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• DRC – Mines: Minister Launces the Sicomines Contract Evolution and Signs Memo With the With United Arab Emirates.
• Mining Cadastre Register Currently has 1,901 Exploration Permits, 223 Forfeited for Non-Payment of Rights-DRC
• Tshisekedi Re-Echoes the Urgency of Setting up a Joint Sino-Congolese Commission for the Execution of Contracts on a Win-Win Basis

Major Mining Companies give a second thought on previously risky countries

Major mining companies are looking to invest in countries they previously considered too risky, including Democratic Republic of Congo and Zambia, propelled by a dwindling pipeline of big copper mines elsewhere and record-high prices. Investor wariness about uncertain regulatory environments, challenging working conditions and corruption have meant some listed companies favoured countries such… Read full article

Congo Selling it’s Brand Image Internationally at the DUBAI 2021 Expo.

The Ministry of Mines took an active part in the 2021 expo which took place in DUBAI in the UNITED ARAB EMIRATES. This exhibition which touches all areas of national life is of capital importance because the DRC is called upon to sell its brand image internationally. The President of the Republic His Excellency Félix Antoine TSHISEKEDI TSHILOMBO who stayed on Arab soil for a state visit was… Read full article

Illegal Mining will not be tolerated any more in Zambia

Zambian GOVERNMENT will deploy police officers in all mining areas to enhance monitoring and accountability of minerals being mined in Zambia, Minister of Mines and Minerals Development Paul Kabuswe has said. Mr Kabuswe said the illegal mining which was previously the order of the day would not be tolerated under the new dawn Government. He said it was the UPND administration’s desire to ensure that… Read Full Article

• Chinese Company Beyond Mining & a Local Cooperative Exploiting Gold in DRC at the Centre of Discontent by Civil Society
• Barrick on Track to Achieve 2021 Production Targets
• How Autonomous Systems are Transforming the Mining Industry

Red Rock Resources has completed a reverse circulation (RC) drill programme at the Luanshimba copper/cobalt project

Natural resource development company Red Rock Resources has completed a reverse circulation (RC) drill programme at the Luanshimba copper/cobalt project in the Haut-Katanga province of the Democratic Republic of Congo. The Luanshimba project is operated by Red Rock Galaxy, an 80%-owned Congolese subsidiary of Red Rock. Three prospects were drilled, at Kilembwe South, Kilembwe East and Bukulu…  Read full article

“We are developing the largest, newest, highest grade copper mine in the world and we are here because the DRC is the intelligent place to be”

THE Democratic Republic of Congo (DRC) is “the Saudi Arabia of copper, cobalt and hydroelectric generation potential”, according to Robert Friedland, the executive co-chairman of Ivanhoe Mines which started production from its Kamoa-Kakula copper mine in the DRC in May this year. Taking part in a panel discussion at the FT Mining Summit, Friedland said that it was “blatantly obvious” more… Read full article

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• Copper Price Tops $10,000 as Energy Crisis Hits Supply
• Volvo Unveils World’s First Fossil-Free Steel Vehicle
• Copper Price Surges to 2-Month Peak, Shaking Off China Concerns
• How Autonomous Systems are Transforming the Mining Industry