CKM NEWSLETTER 04-03-2024

FQM’s second-largest shareholder has bought an additional C$287.5 million ($212 million) in shares …

First Quantum Minerals Ltd.’s second-largest shareholder bought an additional C$287.5 million ($212 million) in shares of the Canadian metals producer that’s been hurt by the forced closure of its flagship copper mine in Panama. China’s Jiangxi Copper Co. bought 25.9 million First Quantum shares for C$11.10 each through a stock sale by the Canadian company, according to a Friday regulatory filing… Read full details

• Zambia Embraces US-Backed Project to Transform Copper Mining Logistics
• First Quantum Minerals Completes Pair of Key Financing Deals
• Westate Resources Commits $120m to Nangoma Mining Ventures in Zambia
• Zambia and World Bank Partner to Boost Copper Production
• Canada to Accelerate Critical Mineral Mining – Energy Minister

• Zambia and World Bank Partner to Boost Copper Production
• Transformative Copper Venture Set to Energize Mumbwa Region in Zambia
• Tertiary Minerals to Own 90% of Zambia Copper Assets in New JV
• Ivanhoe Mines Reveals 2023 Financials and Project Updates at BMO Global Metals Conference
• European Union Reaffirms Commitment to Lobito Corridor Development in Angola
• Canada to Accelerate Critical Mineral Mining – Energy Minister
• Zambia Develops Plans to Address Electricity Needs Amid Drought Threat to Hydropower
• EITI Board Meeting in Toronto Sees DRC Push for Sustainable, Inclusive Mineral Supply Chains In Artisanal Mining

The major objective of this collaboration is to increase the number of Congolese contractors and suppliers working with the mine…

In a press release published on March 1, 2024, Kibali, a subsidiary of Barrick Gold Corporation, explains the main points of this collaboration. Indeed, the major objective of this collaboration is to increase the number of Congolese contractors and suppliers working with the mine, in accordance with the general policy of parent company Barrick. A policy which consists of supporting local business… Read full details

Enterprise Mine, a nickel-producing operations managed by Trident Limited in Kalumbila District, Zambia’s North Western Province, is targeting a production of approximately 20,000 tonnes of nickel this year…

Enterprise Mine, a nickel-producing operations managed by Trident Limited in Kalumbila District, Zambia’s North Western Province, is targeting a production of approximately 20,000 tonnes of nickel this year. According to Junior Keyser, Outgoing General Manager of Trident Limited, the mine is fully operational and currently employs around 750 contractors and 250 direct employees. Keyser notes that… Read full details

This initiative follows diplomatic relations promoted by the Heads of State of two countries, namely F lix Tshisekedi for the DRC and Cyril Ramaphosa for South Africa…

This initiative follows diplomatic relations promoted by the Heads of State of two countries, namely F lix Tshisekedi for the DRC and Cyril Ramaphosa for South Africa, which has already experienced the development of its middle class and whose experience will be shared with the DRC. The signing ceremony of the memorandum of understanding took place in Kinshasa in the presence of different personal… Read full details

• First Quantum Minerals Completes Pair of Key Financing Deals
• Westate Resources Commits $120m to Nangoma Mining Ventures in Zambia
• Tertiary Minerals to Own 90% of Zambia Copper Assets in New JV
• Ivanhoe Mines Reveals 2023 Financials and Project Updates at BMO Global Metals Conference
• Canada to Accelerate Critical Mineral Mining – Energy Minister

Zambian government has announced plans to closely monitor the working conditions of contractors …

In response to the acquisition of Mopani Copper Mines by Abu Dhabi’s International Resources Holdings, the government has announced plans to closely monitor the working conditions of contractors. Minister of Mines, Paul Kabuswe, asserts that this oversight aims to uphold fair wages and decent standards of work. During an appearance on Radio Mafken’s express chit-chat programme, Minister Kabuswe… Read full details