Category: CKM Newsletter

            DR Congo & Zambia’s Premier Mining News Your top stories this week     Kamoa-Kakula Mining Complex has set a new monthly production record in May, with 29,800 tonnes of copper 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 has set a new monthly production record in May, with 29,800 tonnes of copper in concentrate produced. Kamoa Copper’s record monthly production was achieved despite planned interruptions during… Read More Here

                  DR Congo & Zambia’s Premier Mining News Your top stories this week       DRC Mining Week is back in Lubumbashi from 1–3 June It’s official, DRC Mining Week is back in Lubumbashi from 1–3 June, and to say that the industry is excited about its homecoming is an understatement. This long-running, award-winning and flagship expo and conference returns to the heart of the Copperbelt and the bustling mining hub of the DRC to celebrate the region’s unlimited resilience, successes… Read More Here

            DR Congo & Zambia’s Premier Mining News Your top stories this week     Jubilee Metals Group PLC, has provided a performance update of its new and expanded fully integrated operations in Africa Jubilee Metals Group PLC, a leader in metals processing with operations in Africa has provided a performance update of its new and expanded fully integrated South African Inyoni PGM and Chrome Operations and its Zambian Southern Copper Strategy. This new and significantly enlarged operational footprint follows a R 786 million investment… Read More Here

        DR Congo & Zambia’s Premier Mining News Your top stories this week     Anglo American plans a return to Zambia after several decades Junior exploration company Arc Minerals has entered into an agreement with a subsidiary of diversified miner Anglo American, which formalises the parties’ intention to form a joint venture (JV) with respect to Arc’s copper/cobalt project in the North-Western province of Zambia. Under the agreement, Anglo will have the right to earn a 70% interest in the JV for an aggregate investment of… Read More Here

          DR Congo & Zambia’s Premier Mining News Your top stories this week       FQM Approves US$ 1.2 Billion for Kansanshi S3 Expansion and Enterprise Nickel Project First Quantum Minerals Ltd. is pleased to announce that the Company’s Board of Directors has approved the S3 Expansion at the Kansanshi mine and the Enterprise nickel project. “First Quantum has been working constructively with the Government of Zambia’s New Dawn administration as part of their efforts to reform the mining sector, attract investment and increase Zambia’s… Read More Here

            DR Congo & Zambia’s Premier Mining News Our top stories this week Félix Tshisekedi and Hakainde Hichilema decide to harmonize their development policies and strategies for their two countries DRC Head of State Félix Tshisekedi and his Zambian counterpart Hakainde Hichilema decide to harmonize their development policies and strategies vis-à-vis the mining and industrial sector for the success of the market relating to the establishment of a value in the electric battery and clean energy sector. To do this, they have set up a… Read More Here

          DR Congo & Zambia’s Premier Mining News Our top stories this week   DRC Adds Glencore’s Subsidiary, to the Ongoing Process of Renegotiating Mining Contracts The Democratic Republic of Congo has added Glencore’s subsidiary, namely Mutanda Mining (MUMI), to the ongoing process of renegotiating mining contracts. The decision to investigate Mutanda comes as President Félix Tshisekedi makes no secret of his intention to review extractive deals made under his predecessor, Joseph Kabila. Already, the Presidency of the Republic is reviewing the copper and… Read full… Read More Here

              DR Congo & Zambia’s Premier Mining News Our top stories this week       Kamoa Copper’s New Production Record for First Quarter 2022, 55,602 Tons Kolwezi, Democratic Republic of Congo – Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng “Miles” Sun are pleased to announce that the Kamoa-Kakula Mining Complex in the Democratic Republic of Congo has set a new quarterly production record in the first quarter of 2022, with 55,602 tonnes of copper in concentrate produced. Kamoa Copper… Read More Here

            DR Congo & Zambia’s Premier Mining News Our top stories this week     Moxico Resources plans to invest $100 million Britain’s Moxico Resources plans to invest $100 million to expand its majority-owned Mimbula copper mine in Zambia, UK Minister for Africa Vicky Ford said on Wednesday. The investment will create new jobs and increased tax revenues for Zambia’s government, Ford said in a statement released by the British High Commission in Zambia while she was on a visit to the country. Ford was… Read More Here

        DR Congo & Zambia’s Premier Mining News Our top stories this week     Four mining companies based in the DRC produced 41% of the global cobalt stock Four mining companies based in the Democratic Republic of Congo produced nearly 41% of the cobalt stock produced worldwide, according to a report by the NGO Natural Resource Governance Institute (NRGI). These companies include Kamoto, Tenke Fungurume, Metalkol RTR and Etoile operating in a market that concerns relatively few countries and companies. According to this report, this concentration…… Read More Here