CKM NEWSLETTER 28-08-2023

Vedanta Resources Ltd. has committed to paying off the outstanding debt of $250 million to its suppliers in Zambia….

Vedanta Resources Ltd. has committed to paying off the outstanding debt of $250 million to its suppliers in Zambia, as soon as it regains control over the copper mines that were confiscated by the Zambian government over four years ago. In 2019, during the tenure of former President Edgar Lungu, the Konkola Copper Mines were placed under provisional liquidation due to allegations against Anil Agarwal… Read full details

JM Sama Lukonde Presents the DRC at 15ᵉ BRICS Summit

DRC MP Alfred Maisha Raises Concerns Over Primera Gold Deal

Thor Explorations Reports Good Interim Revenue, Earnings Performance

DRC Aims to Regain Control With Bid for ERG’s Copper and Cobalt Assets

Insights From U.S.-DRC-Zambia EV Battery Deal on New U.S. Africa Approach

Lucara Diamond Corp. Finds 692.3-Carat Diamond at Karowe Mine

CAT Delivers Highly-Durable Wheel Loader for Enhanced Operation

Chililabombwe’s Mingomba Mine Spurs Impressive Job Growth and Technological Advances in Zambia’s Mining Sector

Zambia Govt Urges Mining Firms to Comply With New Environmental Regulations

BRICS Bank Strives to Reduce Reliance on the Dollar

Barrick Progresses Extension of Long-Term Value Delivery Runway

Rokbak Puts Sustainability at Heart of New Machinery

BRICS to Admit 6 New Members

Premier African Minerals Raises £4m for Zimbabwe’s Zulu Project Advancement

CMOC Chinese executives caught up in a ARSP in the DRC…

A clear case of fraud has been uncovered by the senior management of the Authority for Regulation of Private Sector Subcontracting (ARSP) in the Democratic Republic of Congo (DRC). The Chinese executives of the company CCECAS are accused of using their driver as a nominee shareholder to disguise their operations under a partnership agreement signed with Tenke Fungurume Mining (TFM) and Kisanfu… Read full details

KoBold’s project is set to make to Zambia’s economic growth and the global shift towards sustainable resource development…

In a recent interview, KoBold Metals’ co-founder and President Josh Goldman shed light on the significant contribution that KoBold’s project is set to make to Zambia’s economic growth and the global shift towards sustainable resource development. The conversation delved into Zambia’s mineral-rich landscape, its commitment to sustainable practices, and the unique opportunities that KoBold’s innovation… Read the full Article

The Democratic Republic of the Congo emerges as a key player as the African continent gains prominence as a vital source of raw materials for the world…

As the African continent gains prominence as a vital source of raw materials for the world, the Democratic Republic of the Congo (DRC) emerges as a key player in this evolving landscape. Despite its current status as one of the world’s poorest nations, the DRC holds substantial economic promise, with its rich resource base and strategic significance. Spanning as the second largest African nation… Read full details

• JM Sama Lukonde Presents the DRC at 15ᵉ BRICS Summit
• DRC MP Alfred Maisha Raises Concerns Over Primera Gold Deal
• Thor Explorations Reports Good Interim Revenue, Earnings Performance
• BRICS to Admit 6 New Members
• DRC Aims to Regain Control With Bid for ERG’s Copper and Cobalt Assets

Xtract Resources has entered into a JV with Cooperlemon Consultancy to explore for copper on two large-scale licences in the northwest of Zambia…

London-listed Xtract Resources has entered into a joint venture (JV) agreement with Cooperlemon Consultancy to explore for copper on two large-scale licences in the northwest of Zambia. The two exploration licences are located within the Western Foreland geological district that hosts the prolific Kamoa-Kakula deposit and the Central Fold, as well as the Thrust Belt, which all have acute competition … Read full details