CKM NEWSLETTER 13-02-2023

Ivanhoe Mines is in talks with potential partners to develop copper assets in the Democratic Republic of Congo (DRC)…

Ivanhoe Mines is in talks with potential partners to develop copper assets in the Democratic Republic of Congo (DRC), as the world faces a global copper shortage, fueled by new challenges for supply flows and a increased demand. “We’re in all kinds of strategic discussions and you know, most of the most interesting investors tend to be sovereign investors,” Ivanhoe Mines founder Robert Friedland… Read full details

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• Tshisekedi Hails DRC’s Mining Potential at Indaba 2023
• Panama Says Negotiations With First Quantum Making Headway
• Leading Copper Cathode Exporters in DRC: SICOMINES, KCC, and TFM in 2022
• Commodity Trader Trafigura Loses $577m in Nickel Fraud Scandal
• Artisanal Cobalt Mines Vital to Global Production
• Indonesia Emerges as the Top Cobalt Producer Outside of Africa
• Microsoft Calls for ‘Coalition’ to Improve Congo’s Informal Cobalt Mines
• DRC President Seeks New Ventures for Green Energy Metals Exploration
• Expanded Mining Brings Increased Economic Opportunities
• The World Faces a Copper Shortage That May Continue Until 2030
• FQM Suspends Loading Operations at Cobre Panamá Port

• Zambia Mining Minister Predicts Mopani Copper Mines Deal By March
• Congo’s Largest Bank Expects Mining Loan Portfolio to Surpass $1 Billion

• DRC’s Mines Minister Emphasizes Global Approach to Energy Security at Indaba 2023

Eight months ago, First Quantum Minerals announced a $100 million cash injection to bring Zambia’s Enterprise Nickel Mine online…

With eight months behind us since First Quantum Minerals took to the stage at the 2022 Investing in African Mining Indaba and announced a $100 million cash injection to bring Zambia’s Enterprise Nickel Mine online, the time is ripe for an update. Mining For Zambia touched base with Enterprise’s team in the country’s North-Western Province to find out how close the project is to producing the first… Read full details

The expansion in the Democratic Republic of Congo is expected to take place over a four-year period….

Eurasian Resources Group (ERG), a mining company supported by Kazakhstan, has announced its plan to invest $1.8 billion in doubling its African copper and cobalt production. The expansion in the Democratic Republic of Congo is expected to take place over a four-year period, and is driven by the increasing demand for metals necessary for the transition to green energy. The CEO, Benedikt Sobotka… Read full details

An SA company owned by a Zambian, Bizwell Mutale, has offered to buy Mopani Copper Mines for $2.8 billion…

A South African company owned by a Zambian, Bizwell Mutale, has offered to buy Mopani Copper Mines for $2.8 billion. The offer was made in a letter addressed to Rothschild and Company, who are consultants for Zambia Consolidated Copper Mines Investment Holdings (ZCCM-IH). The letter proposes that $1 billion will be used for Mopani Copper Mine’s internal operations… Read full details

• Tshisekedi Hails DRC’s Mining Potential at Indaba 2023
• Panama Says Negotiations With First Quantum Making Headway
• Leading Copper Cathode Exporters in DRC: SICOMINES, KCC, and TFM in 2022
• Commodity Trader Trafigura Loses $577m in Nickel Fraud Scandal
• Artisanal Cobalt Mines Vital to Global Production

On January 28, 2023 the Ministry of Mines of the DR Congo had signed two judgments on the granting of the exploitation permit PE13359…

The Manono lithium project is becoming like a Novellas television series, every day we are witnessing a new enigma, which in reality only delays the start of lithium exploitation in the province of Tanganyika in Manono by the Australian company, AVZ Minerals which owns 75% of the shares of Dathcom. Dathcom being a Joint-Venture between the Congolese State represented by COMINIERE which should hold… Read full details