Download CKM eMagazine | Jan- Feb 2022 EDITION (4mb PDF file size)
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DRC President Félix Tshisekedi notes real difficulties in the application of the law on subcontracting
In his communication during the 38th meeting of the Council of Ministers held on Friday January 28, 2022, the President of the Republic Félix Tshisekedi noted real difficulties in the application of the law governing the field of subcontracting, particularly in the mining sector. specifically concerning its business tax regime. Added to this list is the development of illegal mechanisms for circumventing the law to the detriment of the local workforce. “Drawing the consequences of the low impact of the effects of the law on subcontracting in the private sector…
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The DRC and the USA, strengthening partnerships in the mining sector and the fight against child labor
The Deputy Minister of Mines, Godard motemona exchanged, Friday, January 28, 2022 at the residence of the American diplomat in the DRC Mike Hammer, with a delegation of American officials led by the Deputy National Security Advisor of the United States of America, Daleep Singh. The United States of America promises to continue to support the Democratic Republic of the Congo in securing mine sites and combating child labor in mines. Indeed, the head of the American delegation, first of all, expressed to the Deputy Minister of Mines, Godard motemona…
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The United States reassures Sama Lukonde of the start of American investments in DRC this year (2022)
Congolese Prime Minister Jean-Michel Sama Lukonde has received assurances from White House officials and the US State Department that US investments will start in the Democratic Republic of Congo this year 2022. Jean-Michel Sama Lukonde Kyenge indeed exchanged with a delegation of American officials, this Friday, January 28, 2022, at the Primature. The American mission, made up of delegates from the State Department, the White House and the United States Embassy in the DRC, assured the Head of the Congolese Government of the desire of the country of Uncle Sam…
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After 9 months of suspension, activities resume at the Mupondeponde mining site in Maniema DRC
More than nine (9) months after the suspension of mining at the Mupondeponde mine site, located in the territory of Kailo, in the province of Maniema, the provincial authorities have decided to reopen this site. It was Mwami Walanga Buterezi, Acting Provincial Minister of Mines, who proceeded aknu to this reopening during an official mission of this mining operation. The latter took advantage of this opportunity to set up a new mining cooperative legally established in this mining site. In addition, the Provincial Minister of Mines of Maniema urged the…
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Zambia the stand-out player in African minerals exploration for 2022: Experts
“All eyes are on Zambia,” says Peter Major, director of mining at Mergence Corporate Solutions in South Africa. Major spoke in Cape Town in October as he prepared for a mining investment trip to Zambia. In the new president, Hakainde Hichilema, he says, the country has “a real businessman” in charge. With billions of dollars worth of African gas, gold, copper and cobalt to hit the markets in 2022, industry players are focused on the next big deals. The election of a new government in Zambia in August 2021 has…
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BEMETALS INTERSECTS FURTHER ENCOURAGING COPPER RESULTS FROM THE PANGENI EXPLORATION PROJECT IN ZAMBIA
BeMetals Corp. (TSXV: BMET, OTCQB: BMTLF, Frankfurt: 1OI.F) is pleased to announce results from its 2021 core drilling program at the Pangeni Copper Exploration Project (“Pangeni Project” or the “Project”), located on the western extension of the Central African Copperbelt in Zambia. This program comprised six drill holes to test aircore copper anomalies at the D-Prospect and the Q and F targets. The Pangeni Project is located in an area where prospective extensions to the prolific Zambian Copperbelt (See Figure 1) are covered by a thin veneer of Kalahari sand…
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Kamoa Copper SA’s Phase 2 Concentrator Plant Approaching 93% Completion
Dedicated engineering team appointed with goal of boosting combined Phase 1 and Phase 2 copper production up to 450,000 tonnes per annum Kolwezi, Democratic Republic of Congo–(Newsfile Corp. – January 24, 2022) – Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng “Miles” Sun announced that Kamoa-Kakula’s Phase 2, 3.8-million-tonne-per-annum (Mtpa) concentrator plant is expected to be 93% complete by January 31, 2022, with hot commissioning of the concentrator on track to begin in April 2022, at the front end of the Q2 2022 previous guidance and several months ahead…
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Mark Farren to retire as Kamoa Copper’s CEO
Mr. Friedland and Mr. Sun also announced that Mark Farren, Kamoa Copper’s Chief Executive Officer, will retire from his position at Kamoa Copper following the commissioning of the Phase 2 expansion project. Kamoa Copper has initiated a search for Mr. Farren’s replacement, and Mr. Farren will help support a smooth and seamless transition. Mr. Farren first joined Ivanhoe Mines in June 2014 as Executive Vice President, Operations, before his appointment as Chief Executive Officer of Kamoa Copper in October 2019. During his time as Kamoa Copper’s CEO, Mr. Farren oversaw…
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CKM NEWSLETTER 24-01-2022
DR Congo & Zambia’s Premier Mining News Our top stories this week FQM achieved its highest-ever annual copper production of 816,000 tonnes… Lower ore grades at First Quantum Minerals’ two flagship Zambian mines last year have underscored the company’s goal of investing further in new production facilities. Globally the company achieved its highest-ever annual copper production of 816,000 tonnes, a 5% increase from 2020, but this was attributed to record production at its new Cobre Panama mine, and the resilience of its other operations… Read full article …
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