Category: CKM Newsletter

        The DRC & ZMB’s Top Mining News Platform Your top stories this week     AVZ Minerals Limited filed the first of two International Chamber of Commerce (ICC) arbitrations against Dathomir Mining Resources SARL… AVZ Minerals Limited through its wholly owned subsidiary AVZ International Pty Ltd (AVZI), on 1 December 2022 filed the first of two International Chamber of Commerce (ICC) arbitrations against Dathomir Mining Resources SARL (Dathomir) (First Dathomir Arbitration) and expects to file the second arbitration shortly (Second Dathomir Arbitration) (together the Dathomir Arbitrations).… Read More Here

          The DRC & ZMB’s Top Mining News Platform Your top stories this week   Kamoa on track to become the lowest greenhouse gas emitter…  The United Nations’ annual COP27 climate change conference is already well underway in Egypt and the topic of developing and deploying low-carbon technologies, which are critical for the world to achieve its net-zero targets, is high on the agenda. Because the deployment of low-carbon technologies relies heavily on minerals, the mining sector is critical in the fight against climate change… Read… Read More Here

        The DRC & ZMB’s Top Mining News Platform Your top stories this week   Kamoa-Kakula Mining Complex in the Democratic Republic of Congo produced 33,379 tonnes of filtered copper in concentrate…   Ivanhoe Mines Co-Chairs Robert Friedland and Yufeng “Miles” Sun are pleased to announce today that the Kamoa-Kakula Mining Complex in the Democratic Republic of Congo produced 33,379 tonnes of filtered copper in concentrate during the month of October. At the end of October, there was an additional 5,786 tonnes of floated, but not yet… Read More Here

          The DRC & ZMB’s Top Mining News Platform Your top stories this week   Kibali Gold still had an enormous upside…   The ability of Africa’s largest gold mine to replace its reserves beyond depletion will secure its position as one of Barrick Gold Corporation’s Tier One1 assets well into the future, president and chief executive Mark Bristow said here today. Speaking to local media, Bristow said the 13 year old mine, which has just improved its performance for the third consecutive quarter, still had… Read More Here

          The DRC & ZMB’s Top Mining News Platform Your top stories this week     Zambia limits mining companies to five licenses…   “We have reviewed the mining sector regime in order to encourage more investment and increase the participation of Zambians in the mineral value chain. We are in the process of re-opening the Mining Cadastre Department and floating bids for the blocked mining rights to companies which are wholly or partly owned by Zambians. Furthermore, we will restrict to only five, the number… Read More Here

        The DRC & ZMB’s Top Mining News Platform Your top stories this week   Mining giants operating in the DRC have expressed an interest in taking joint action to improve the social conditions of children…   Mining giants operating in the Democratic Republic of Congo (DRC) including Kamoa Copper, Tenke Fungurume Mining, MMG and KICO have expressed an interest in taking joint action to improve the social conditions of children whose lives are negatively impacted by mining in the province of Haut-Katanga. This initiative was welcomed… Read More Here

        The DRC & ZMB’s Top Mining News Platform Your top stories this week   Kamoa Copper sets a new quarterly production record in the third quarter of 2022, with 97,820 tonnes of copper concentrate produced …   Kamoa-Kakula Mining Complex in the Democratic Republic of Congo has set a new quarterly production record in the third quarter of 2022, with 97,820 tonnes of copper in concentrate produced. Kamoa-Kakula’s Phase 1 and 2 concentrator plants set a monthly production record in September 2022 of 33,484 tonnes of… Read More Here

        The DRC & ZMB’s Top Mining News Platform Your top stories this week   Zambia plans to reduce its budget deficit next year, even as it makes further cuts to copper mining royalties…   Zambia plans to reduce its budget deficit next year, even as it makes further cuts to copper mining royalties, Finance Minister Situmbeko Musokotwane said. The spending shortfall will shrink to 7.7% of gross domestic product in 2023, from a revised 9.8% forecast for this year, Musokotwane told lawmakers Friday in Lusaka, the… Read More Here

        The DRC & ZMB’s Top Mining News Platform Your top stories this week Ivanhoe mines is quoted by Vidiye in his corruption and influence peddling case… The Canadian mining company whose activity is concentrated in the Democratic Republic of the Congo around production from the copper mine in joint venture of Kamoa-Kakula and the historical mine of zinc-copper-germanium-silver of Kipushi, Ivanhoe mines is quoted in a case of corruption and influence peddling. In a widely shared video revealing the direct involvement of a close associate of… Read More Here