CKM NEWSLETTER 24-01-2022

FQM achieved its highest-ever annual copper production of 816,000 tonnes…

Lower ore grades at First Quantum Minerals’ two flagship Zambian mines last year have underscored the company’s goal of investing further in new production facilities. Globally the company achieved its highest-ever annual copper production of 816,000 tonnes, a 5% increase from 2020, but this was attributed to record production at its new Cobre Panama mine, and the resilience of its other operations… Read full article

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• DRC: The Experience of Sicomines SA with the Busanga Dam to be Capitalized in the 217 Hydroelectric Sites of the DRC
• Copper Price Rises on Stimulus Hopes in China
• Ecuador, a Become Mining Province?
• Metso Outotec to Start Next Phase in the Development of its Metals Business
• The Price of a Tonne of Cobalt Registers a Positive Difference of 233 USD this Week – DRC

• Goviex Encourages African Uranium-Producing Countries to Seize Market Opportunity
• Willy Kitobo Says, Putting Copper on the List of Strategic Minerals is a Mistake – DRC
• DRC: Cobalt Almost at 70,000 USD Per Ton on the International Market
• Shamitumba Announces Legal Action Against Kalonji Sarl for Illegal Exploitation of Minerals in its Concession
• DRC is Revising the Price Structure of Petroleum Products in the South and East Zones
• 40.6 Million USD Invested in Subcontracting, Kibali Multiplies its Positive Impact on Local Economies in DRC
• DRC: Haut-Katanga, Only USD 27.3 Million was Paid in Mining Royalties Between 2018 and the end of August 2020 (Report)
• DRC: As of September 1, 2020, More Than USD 66 Million has been Mobilized for Mining Royalties in Lualaba

Tender for the Supply of Copper Leaching Extraction Reagent | DRC…

African Tender Notice | DRC (For a Mining Company)

Announcement Date: 3 January  2022

Tender Description: TENDER FOR THE SUPPLY OF COPPER LEACHING EXTRACTION REAGENT. Deadline: 20th… Read full article

Shalina resource gets a US$ 600million in Trafigura partnership…

Dubai-headquartered copper and cobalt miner Shalina Resources and its subsidiary Chemaf have signed a financing and marketing agreement with commodity trader Trafigura. The deal will facilitate new supply of high-grade cobalt hydroxide and copper cathode at a time of growing global demand. Trafigura will syndicate about $600-million of financing to international banks, as well as market all… Read full article

A redefinition of the supply chain of lithium, cobalt, coltan and probably copper in DRC…

Faced with the global demand for minerals at the heart of the challenges of ecological transition, the President of the DRC Félix Tshisekedi, during the 37th meeting of the Council of Ministers, called for a redefinition of the supply chain of lithium, cobalt, coltan to which it is appropriate to add copper because of their worldwide demand with regard to their industrial application… Read full article

• Goviex Encourages African Uranium-Producing Countries to Seize Market Opportunity
• Willy Kitobo Says, Putting Copper on the List of Strategic Minerals is a Mistake – DRC
• DRC: Cobalt Almost at 70,000 USD Per Ton on the International Market
• Shamitumba Announces Legal Action Against Kalonji Sarl for Illegal Exploitation of Minerals in its Concession

Kibali Gold Mine produced 812,152 ounces of gold…

In 2021, a year still dominated by the adverse effects of covid-19, Kibali Gold Mine produced 812,152 ounces of gold. Production well below annual forecasts. According to Mark Bristow, Chairman and CEO of Barrick, this range is higher than the 2021 objectives. He said so during a press conference held this Friday, January 21, 2022. On this occasion, Mr. Bristow returned to the other highlight…  Read full article

Aim-listed Tertiary Minerals has raised £500 000 before expenses…

Aim-listed Tertiary Minerals has raised £500 000 before expenses through a placing of over 294-million new ordinary shares in the company. The placing was arranged through the company’s joint broker Peterhouse. The placing shares are expected to be admitted to trading on Aim on or about January 24. Additionally, Tertiary is making a further 58.8-million new ordinary shares available… Read full article

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• Goviex Encourages African Uranium-Producing Countries to Seize Market Opportunity
• Willy Kitobo Says, Putting Copper on the List of Strategic Minerals is a Mistake – DRC
• DRC: Cobalt Almost at 70,000 USD Per Ton on the International Market