Category: CKM Newsletter

        DR Congo & Zambia’s Top Mining News Platform Your top stories this week     Kamoa Copper floated 34,408 tonnes of copper, a monthly record…   During the month of August, Kamoa Copper milled 686,217 tonnes of ore at an average feed grade of 5.8% copper, equivalent to an annualized processing rate of approximately 8.2 million tonnes for Phase 1 and 2. Kamoa Copper floated 34,408 tonnes of copper, a monthly record, and produced 31,150 tonnes of filtered copper in concentrate for sale. The floated copper… Read More Here

          DR Congo & Zambia’s Top Mining News Platform Your top stories this week   More Tax Exemptions by Suspending Import Taxes on Mining Equipment and Machinery…   Zambia’s Finance Minister Situmbeko Musokotwane has yet again given mining companies more tax exemptions by suspending import taxes on mining equipment and machinery. This is additional to the making of mineral royalty tax deductible which resulted in the country losing about $200 million in lost revenue. Mineral Royalty Tax (MRT) was introduced to bring certain loss making mining… Read More Here

          DR Congo & Zambia’s Top Mining News Platform Your top stories this week   Top Global Mining Companies are getting increasingly involved in the Central African Copper Belt… Major mining companies are getting increasingly involved in the Central African Copper Belt, expanding existing operations and exploring for new discoveries as the positive fundamentals for copper in terms of soaring demand and limited new supply remain in place. Those groups include Barrick Gold, Anglo American, Ivanhoe Mines and First Quantum, which are stepping up their investments… Read More Here

          DR Congo & Zambia’s Top Mining News Platform Your top stories this week   For Kamoa-Kakula, Ivanhoe Mines announced the sale to a volume of 85,794 tons of copper bringing in revenues of 494.1 million USD… According to the related report, 253.1 million USD were made in the Democratic Republic of Congo (DRC) as profits. For Kamoa-Kakula alone, a mining complex operated in the DRC by the Kamoa Copper company, Ivanhoe Mines announced the sale to a volume of 85,794 tons of copper bringing in… Read More Here

            DR Congo & Zambia’s Top Mining News Platform Your top stories this week   Supplier opportunities for goods and services to be undertaken through transparent contract offers… Following the commissioning of the Enterprise Nickel Mine which will position Zambia among the top 10 producers of nickel in the world, and the number one producer of the metal on the continent, FQM Trident Ltd will employ 700 direct employees and provide supplier opportunities for goods and services to be undertaken through transparent contract offers. FQM… Read More Here

        DR Congo & Zambia’s Top Mining News Platform Your top stories this week     Mining Tender for Construction of a Concentrator in DRC… African Tender Notice | DRC Announcement Date: 05 August 2022 Tender Description:  Tender for the construction of the Concentrator of the Kinesevere Expansion Project Deadline: 15 August  2022 … Read full tender details Source: The African TenderPRENEUR     Sponsored                   Sicomines Focuses on Training “Talents” to Develop the Mining Industry in the DRC Non-Compliance and Corruption in DRC Mining, What About… Read More Here

        DR Congo & Zambia’s Premier Mining News Your top stories this week  Zambia Launches Africa’s Largest Nickel Mine… Zambia officially began its journey to becoming a key player in the new global electric vehicle (EV) ecosystem this week as President Hakainde Hichilema launched the Enterprise nickel mine in Kalumbila. Once up and running, First Quantum Minerals’ mine will be the largest producer of the strategic metal in Africa. Nickel, like lithium, cobalt, and copper, is an essential component in the batter… Read full details     Sponsored… Read More Here

        DR Congo & Zambia’s Premier Mining News Your top stories this week  The Zambian government is considering reversing the Glencore – Mopani deal… The Zambian government is considering reversing the Glencore – Mopani deal. The Zambian Mines Minister Hon. Paul Kabuswe said in a statement, that the deal’s contract does not seem to favor Zambian interests at all. This is made worst by the fact that this deal was made at a time close to Glencore’s recently revealed corruption scandals. Last year ZCCM-IH got overwhelming support… Read More Here

          DR Congo & Zambia’s Premier Mining News Your top stories this week DRC Plans to Expand Kasumbalesa Border Post… Democratic Republic of Congo plans to expand its main border post with Zambia, a source close to its government said, to ease truck queues of up to 60 km that copper miners have faced this year due to increased production and inadequate infrastructure. The backlog of trucks at Kasumbalesa, a border town and the main exit point for metals exports from Congo, is an example of… Read More Here

          DR Congo & Zambia’s Premier Mining News Your top stories this week Kamoa Copper SA has set a new quarterly production record for the second quarter of 2022, with 87,314 tonnes produced… Kamoa-Kakula Mining Complex in the Democratic Republic of Congo has set a new quarterly production record in the second quarter of 2022, with 87,314 tonnes of copper in concentrate produced. Kamoa-Kakula’s Phase 1 and Phase 2 3.8-million-tonne-per-annum concentrator plants produced 30,379 tonnes of copper in concentrate during June 2022. This performance marks the… Read More Here