CKM NEWSLETTER 25-09-2023

The DRC will establish a new investment tool called “financial vehicles” to allow any Congolese who wants to invest in the electric battery value chain…

The Government of the Democratic Republic of Congo (DRC) will now establish a new tool called “financial vehicles” to allow small Congolese savers, meaning anyone who wants to invest in the electric battery value chain, to benefit from the effects of this value chain. This was revealed by the Deputy General Director of the Congolese Battery Council (CCB) of the Democratic Republic of Congo, Vuko Kakule… Read full details

• Ivanhoe Mines Reports Fatality at the Kamoa-Kakula Copper Complex
• Three-Party Deal Tests World’s Largest Battery-Electric Mining Truck in Australia
• DRC’s Major Economic Gathering on Gold Scheduled for October 24-25, 2023
• 18 Recommendations to Improve Mining and Industrial Governance From the DRC-Africa Battery Metals Forum 2023
• Global Electric Battery Market Projected to Reach USD 1,298.32 Billion By 2027
• DRC Claims Only 3% of the Global Cobalt Value Chain
• Port Company Relocates 128 Workers to Lobito Atlantic Railway in Angola
• DRC President Emphasizes Global Cooperation for Mineral Resource Development
• Vedanta’s Commitment to Engineering Standards Encouraged at KCM
• Bell Bolsters Focus on Advancing Underground Mining Equipment

• DRC Seeks Hydropower Partners, Expands UAE Mining Investments
• Sandvik Introduces New Logotype and Visual Identity

• Strategically Driven Barrick to Deliver Sustainably Profitable Growth
• DRC Mining Firm Employs Over 3,000 Congolese

• DRC Minister of Mines Addresses SACIM’s Diamond Marketing Challenges

FQM Co-Founder and Chairman passes away at His Home in Australia…

First Quantum Minerals Ltd is deeply saddened to announce the passing of one of its founders and Chairman, Philip Pascall, on September 19, 2023. Philip passed away peacefully at home in Perth, Western Australia. Philip co-founded First Quantum in 1996, serving as the Chairman since its inception and Chief Executive Officer until 2022. Under his leadership, Philip instilled an entrepreneurial… Read full details

ZRA intercepts and seizes a truck attempting to smuggle one of Zambia’s strategic minerals, Lithium…

The Zambia Revenue Authority (ZRA) has taken action to intercept and seize a truck attempting to smuggle one of Zambia’s strategic minerals, Lithium, at the Kazungula One Stop Border Post (OSBP). This operation was conducted in cooperation with the Ministry of Mines and Minerals Development as part of ongoing efforts to combat illicit mineral exports. The incident unfolded when ZRA officials, work… Read full details

The Regulatory Authority for Subcontracting in the Private Sector (ARSP) published the list of 1,200 subcontracting companies now banned from operating in the DRC…

After the results of the control carried out in the subcontracting sector in Kinshasa, the Regulatory Authority for Subcontracting in the Private Sector (ARSP) published the list of 1,200 subcontracting companies now banned from operating. These are considered irregular at a time when the Congolese state loses around 8 billion US dollars each year. “We launched judicial police officers on the ground… Read full details

• Ivanhoe Mines Reports Fatality at the Kamoa-Kakula Copper Complex
• Three-Party Deal Tests World’s Largest Battery-Electric Mining Truck in Australia
• DRC’s Major Economic Gathering on Gold Scheduled for October 24-25, 2023
• 18 Recommendations to Improve Mining and Industrial Governance From the DRC-Africa Battery Metals Forum 2023

Gemfields has reported earnings of $25.5 million from its recent auction of commercial-quality rough emeralds sourced from the Kagem mine in Zambia…

Gemstone producer Gemfields has reported earnings of $25.5 million from its recent auction of commercial-quality rough emeralds sourced from the Kagem mine in Zambia. All 43 lots offered at the auction were successfully sold, achieving an average price of $7.51 per carat. Adrian Banks, Gemfields’ Managing Director of Product and Sales, expressed satisfaction with the auction results, emphasizing… Read full details