CKM NEWSLETTER 02-10-2023

CNMC has unveiled plans to inject an additional $1.3 billion into Zambia over the next five years…

China Non-Ferrous Metals Mining Group Company (CNMC) has unveiled plans to inject an additional $1.3 billion into Zambia over the next five years, spanning multiple economic sectors. CNMC Chairman, Xi Zheng Ping, detailed the allocation of these investments, emphasizing their commitment to Zambia’s growth. By the end of 2025, CNMC aims to have contributed $650 million to the country’s economy… Read full details

• DRC Prime Minister and Chinese Economic Council VP Foster Cooperation
• Kansanshi Copper Mine Unveils New Fleet of 220-Ton Hitachi Dump Trucks
• Primera Gold Exported 475,348 Kg of Artisanal Gold in September 2023
• Kobold Metals Aims to Revolutionize Copper Mining in Zambia
• DRC Requires a Minimum of $30 Billion for Electric Battery Industry Development
• Zambian Govt Shuts Down Kabwe Mining Plant for Environmental Violations
• ARSP Grants a 30-Day Grace Period to Deregistered Subcontracting Companies
• EU Nurtures Partnerships with DRC and Zambia to Secure Critical Materials

• DRC Civil Society Challenges Minister of Mines’ Permit Revocation

• Trident OGX Congo Secures $300 Million Financing for MKB LI Oilfields Expansion

• Caterpillar Introduces CAT 785D Water Solutions Truck for Efficient Mine Haul Road Dust Control
• DRC Aims to Transform Battery Supply Chain

• DRC’s “Congo is Not for Sale” Coalition Calls for Transparency in $180m Glencore Deal
• European Investment Bank Shows Interest in Financing Zambia-Lobito Railway Line
• Barrick Acknowledges Twiga Partnership’s Mining Impact

This pioneering project is set to cost approximately $350 million, with Delphos International, a financial consulting firm based in Washington, assisting in securing financing…

The Democratic Republic of Congo (DR Congo) has embarked on a strategic initiative to formalize artisanal mining while contributing to the global shift towards electric vehicles. DR Congo is a major player in the green-energy transition, being a leading supplier of cobalt, a crucial element in electric vehicle batteries, and ranking among the world’s top copper producers. To bolster these efforts… Read full details

First Quantum Minerals has contracted with MECS Inc, a subsidiary of Elessent Clean Technologies, for the Kansanshi Smelter Expansion…

Global copper company First Quantum Minerals Ltd has contracted with MECS Inc, a subsidiary of Elessent Clean Technologies, for the Kansanshi Smelter Expansion at the Kansanshi Mine in Solwezi, Zambia. The MECS scope will include a redesign of the existing sulphur-burning sulphuric acid plant into a copper smelter off-gas recovery sulphuric acid plant. This transition to a copper smelter off-gas… Read full details

The Democratic Republic of Congo (DRC) is poised to become a key player in the global electric vehicle (EV) market…

The Democratic Republic of Congo (DRC) is poised to become a key player in the global electric vehicle (EV) market, with projections indicating a substantial growth from $370.86 billion in 2021 to a staggering $1,298.32 billion by 2027. To solidify its position, the DRC recently hosted a workshop on electric battery value chains, in collaboration with the Congolese Battery Council (CCB)… Read full details

• DRC Prime Minister and Chinese Economic Council VP Foster Cooperation
• Kansanshi Copper Mine Unveils New Fleet of 220-Ton Hitachi Dump Trucks
• Primera Gold Exported 475,348 Kg of Artisanal Gold in September 2023
• Kobold Metals Aims to Revolutionize Copper Mining in Zambia

Congolese Prime Minister Jean-Michel Sama Lukonde inaugurated the validation workshop for the General Company of Cobalt’s (EGC)…

Prime Minister Jean-Michel Sama Lukonde inaugurated the validation workshop for the General Company of Cobalt’s (EGC) responsible supply standards on September 28, 2023, at the Espace Rom o golf venue in Kinshasa Gombe. The workshop aims to refine the EGC responsible sourcing standards (‘EGC Standards’) developed and approved by the EGC Technical Committee, aligning with the Democratic Republic of Congo… Read full details