CKM NEWSLETTER 10-03-2025

This move aligns with Gecamines’ strategy to independently market its share of output from joint ventures…

Mercuria Energy Group Ltd. and Glencore Plc have renewed their agreement to purchase copper from the Democratic Republic of Congo’s state-owned miner, G camines. This move aligns with G camines’ strategy to independently market its share of output from joint ventures. According to sources familiar with the matter, the two commodity traders successfully bid for copper from the Tenke Fungurume mine…  Read full details

• US and Ukraine Revive Minerals Deal After Contentious Oval Office Meeting
• Mali Bans Small-Scale Gold Mining Permits for Foreigners Amid Safety Concerns
• Rome Resources Confirms Extensive Copper and Tin Mineralization at Mont Agoma
• DRC Seeks Exclusive Partnership with US for Critical Minerals and Security Assistance
• Cobalt Prices Surge Following DRC’s Export Suspension

• WWF Zambia Urges Nationwide Tailings Dam Audit After Kafue River Pollution
• MMG Suspends Cobalt Processing at Kinsevere Amid Price Slump
• CNPAV Demands Fair Renegotiation of Sicomines Agreement to Protect DRC’s Interests
• Chairman of Zijin Mining, Departs as a Director of Ivanhoe’s Board
• Ivanhoe Mines Reports Strong Copper and Zinc Production in the First Two Months of 2025
• Mali to Partially Lift Mining Permit Suspension on March 15
• US and DRC in Talks Over Critical Minerals Deal

• Zambia’s Mines Minister Dismisses Claims of Copper and Gold in Lusaka’s Chunga Compound
• MMG Suspends Cobalt Processing at Kinsevere Amid Price Slump

Deshnee Naidoo’s visit follows her recent appointment to lead Vedanta’s expansion projects …

Vedanta Resources Group CEO, Deshnee Naidoo, visited Konkola Copper Mines (KCM) operations in Chingola and Chililabombwe last week to gain firsthand insight into the mine’s operations. Her visit follows her recent appointment to lead Vedanta’s expansion projects. Accompanied by a high-level delegation, including Vedanta Base Metals CEO Christopher Griffith, KCM Chief Operating Officer Malcolm Mewett…  Read full details

Ibragimov has made a series of overtures to Chinese partners, emphasizing their role in the global green transition, stating, “There is no green transition without China”…

Shukhrat Ibragimov, the newly appointed CEO of Eurasian Resources Group (ERG), is actively courting Chinese investment in the company’s world-class deposits of critical minerals across Africa and Central Asia. Since taking over as chairman and CEO in 2024, Ibragimov has made a series of overtures to Chinese partners, emphasizing their role in the global green transition, stating, “There is no green…  Read full details

Xtract Resources has commenced a diamond drilling program at its Silverking project in Zambia’s Mumbwa district, Central Province…

London-listed Xtract Resources has commenced a diamond drilling program at its Silverking project (Licence 26673-HQ-LEL) in Zambia’s Mumbwa district, Central Province. The program aims to advance project development by assessing mineralisation potential and expanding exploration. Silverking operates under an option and joint venture agreement with Oval Mining, allowing Xtract to earn up to a 70%… Read full details 

• WWF Zambia Urges Nationwide Tailings Dam Audit After Kafue River Pollution
• MMG Suspends Cobalt Processing at Kinsevere Amid Price Slump
• CNPAV Demands Fair Renegotiation of Sicomines Agreement to Protect DRC’s Interests
• Chairman of Zijin Mining, Departs as a Director of Ivanhoe’s Board
• Ivanhoe Mines Reports Strong Copper and Zinc Production in the First Two Months of 2025
• Mali to Partially Lift Mining Permit Suspension on March 15
• US and DRC in Talks Over Critical Minerals Deal
  

• Cobalt Prices Surge Following DRC’s Export Suspension
• US and Ukraine Revive Minerals Deal After Contentious Oval Office Meeting
• Zambia’s Mines Minister Dismisses Claims of Copper and Gold in Lusaka’s Chunga Compound
• Mali Bans Small-Scale Gold Mining Permits for Foreigners Amid Safety Concerns
• Rome Resources Confirms Extensive Copper and Tin Mineralization at Mont Agoma
• DRC Seeks Exclusive Partnership with US for Critical Minerals and Security Assistance

The majority of production comes from Lualaba and Haut-Katanga, sourced from both industrial mines (70%) and artisanal cooperatives (30%)…

Amid a sharp decline in cobalt prices, civil society organizations in Lualaba, in collaboration with the CASMIA-G ASBL platform, have assessed the government’s recent decision to temporarily suspend cobalt exports. This measure, enacted by the Regulatory and Control Authority for Strategic Mineral Substances Markets (ARECOMS), aims to curb oversupply and stabilize the market. Cobalt, classified as… Read full details