Category: CKM Newsletter

  DR Congo & Zambia’s Premier Mining News Our top stories this week All eyes are on Zambia… “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… Read full article   … Read More Here

  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    … Read More Here

    DR Congo & Zambia’s Premier Mining News Our top stories this week     Galileo Resources has asked independent consultants to start compiling historical drilling data for Luansobe… London-listed Galileo Resources has asked independent consultants Addison Mining Services and GeoQuest to start compiling historical drilling data on the Luansobe copper project, in Zambia. Preliminary analysis suggests the deposit has a strike length of up to 3 km and extends to a depth of at least 1 250 m, with some exceptional drill intercepts, including 18.6 m grading 3.24%… Read More Here

    DR Congo & Zambia’s Premier Mining News Our top stories this week     Friedland announced today, that Kamoa annual production guidance is between 290,000 and 340,000 tonnes of copper, Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chair Robert Friedland announced today, ahead of the inaugural Future Minerals Forum, that the 2022 annual production guidance for the Kamoa-Kakula Copper Complex in the Democratic Republic of Congo (DRC) is between 290,000 and 340,000 tonnes of copper in concentrate. The figures are on a 100%-project basis and metal reported in… Read More Here

  DR Congo & Zambia’s Premier Mining News Our top stories this week Kamoa Copper SA Produced 580,000 tonnes of ore in November A total of 548,000 tonnes grading 5.46% copper was mined during the period from October 21 to November 20, including 362,000 tonnes grading 6.60% copper from the Kakula Mine’s high-grade centre and 63,000 tonnes grading 3.61% copper from the Kansoko Mine. Mark Farren, CEO of Kamoa Copper, commented: “548,000 tonnes of ore mined is a major increase compared to our previous monthly record of… Read full article… Read More Here

  DR Congo & Zambia’s Premier Mining News Our top stories this week   Albert Yuma Mulimbi removed as chairman of the state mining firm Gecamines The DRC president Felix Tshisekedi has removed Albert Yuma Mulimbi as chairman of the state mining firm Gecamines. The now former chairman of Gecamines was ousted on Friday after longtime allegations that billions of dollars in revenue had gone missing, a move officials said was intended to fight corruption as the country becomes increasingly important in the global clean energy revolution… Read full article… Read More Here

  DR Congo & Zambia’s Premier Mining News Our top stories this week       ZIJIN approved a $ 769 million smelter investment for its  Kamoa-Kakula  copper  project Zijin Mining announced Tuesday that its board of directors has approved a $ 769 million smelter investment for its  Kamoa-Kakula  copper  project  alongside Ivanhoe Mines in the Democratic Republic of Congo (DRC). The company will reduce the partners’ reliance on third-party smelters to process their ore and make blister, a partially purified form of copper. The 500,000-ton-per-year direct… Read full article… Read More Here

      DR Congo & Zambia’s top mining news Our top stories this week     Kamoa Copper has awarded China Nerin Engineering Co., Ltd. (Nerin) the basic engineering contract for the, direct-to-blister flash smelter. Co-Chairs Robert Friedland and Yufeng “Miles” Sun are pleased to announce that Kamoa Copper has awarded China Nerin Engineering Co., Ltd. (Nerin) of Jiangxi, China, with the basic engineering contract for the planned, direct-to-blister flash smelter at the Kamoa-Kakula Copper Complex that will incorporate leading-edge technology supplied by Metso Outotec of Espoo, Finland, and… Read More Here

  DR Congo & Zambia’s top mining news Our top stories this week       DRC Plans to Have Mineral Raw Materials Processed Locally The Deputy Prime Minister of the Democratic Republic of Congo (DRC) has told Swiss delegates at the COP26 climate conference in Glasgow that her country will no longer accept the export of its raw materials, notably cobalt, by commodities giant Glencore “The raw materials belong to us,” said Eve Bazaiba, who is also the DRC’s environment minister, in an interview… Read full article       Sponsored… Read More Here