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DR Congo & Zambia’s Premier Mining News
Our top stories this week
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SA Mining Veteran, Riaan Vermeulen Appointed as Kamoa Copper’s New Managing Director
Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) President, Marna Cloete, announced today that Riaan Vermeulen has been appointed as Kamoa Copper’s new Managing Director, effective June 1, 2022. Mr. Vermeulen will work with Kamoa Copper’s current CEO Mark Farren during a handover period to ensure a… Read full details
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CKM eMagazine for free (4mb filesize)
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Galileo Resources reported progress at Luansobe …
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Galileo Resources reported progress in the modelling of historic drill data at Luansobe on Tuesday, as well as completion of the second payment to the vendors to secure an initial 75% interest in the Luansobe Copper Project in Zambia. The AIM-traded firm said “considerable progress” had been made by consultants Addison Mining Services in compiling drill data for 154 holes, drilled between 1921… Read full article
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Kamoa Copper has approved a plan for Kamoa-Kakula to increase the processing capacity of the Phase 1 and Phase 2 to 9.2 million tonnes…
Robert Friedland and Yufeng “Miles” Sun announced that Kamoa Copper has approved a de-bottlenecking plan for Kamoa-Kakula to increase the combined design processing capacity of the Phase 1 and Phase 2 concentrator plants by approximately 21%, to 9.2 million tonnes of ore per year (Mtpa), up from 7.6 Mtpa, once steady-state production is achieved at both concentrators. The de-bottlenecking initiative… Read full article
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Kalumbila Minerals Limited has changed its trading name to ‘FQM Trident Limited’
Kalumbila Minerals Limited has changed its trading name to ‘FQM Trident Limited’ – a name that incorporates the mining firm’s identity as a First Quantum Minerals-owned company and is inclusive of all the Trident Project operations. Since its inception, the company’s mining operations and project has incorporated three mining licences, namely Sentinel, Enterprise, and Intrepid which collectively… Read full article
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PRODUCTION OF MORE THAN ONE MILLION TONNES OF COPPER IS EXPECTED AT THE END OF THE FOURTH PRODUCTION PHASE SET FOR 2028 FOR THE KAMOA-KAKULA PROJECT OF THE MINING COMPANY KAMOA COOPER.
It was the Congolese Minister of State, Minister of the Portfolio who communicated these data to the members of the Government during the forty-second meeting of the Council of Ministers held on Friday February 25, 2022. Following her mission to the province of Lualaba from August 12 to 15, 2021, the Minister of the Portfolio, Adèle Kayinda, realized the good progress of the Kamoa-Kakula project… Read full article
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The DRC Recovers the Mining Assets from the Ventura Group …
The Democratic Republic of Congo signed an agreement with Israeli businessman Dan Gertler on Thursday, February 24, which allows the country to recover the disputed mining and oil assets of the Ventura group in the DRC. This is announced by the Presidency of the DRC. This agreement signed amicably between the DRC and the Ventura company of the Israeli Dan Gertler aims to put an end to the… Read full article
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