Category: CKM Newsletter

  DR Congo & Zambia’s top mining news Our top stories this week       Zambia’s plan to rationalise the mining tax regime to attract investment and boost production has been welcomed by FQM  The new UPND government’s plan to rationalise the mining tax regime to attract investment and boost production has been welcomed by the country’s largest taxpayer, First Quantum Minerals (FQM). The 2022 Budget – under the theme ‘Growth, Jobs and Taking Development Closer to the People’ – presented to Zambian Parliament on Friday (October 29, 2021)… Read More Here

  DR Congo & Zambia’s top mining news Our top stories this week     Antoinette Kalambayi invited by Antwerp diamond sector and the Antwerp World Diamond Center (AWDC) in Belgium…   The DRC Minister of Mines, Antoinette N’Samba KALAMBAYI was expected for a working session in Antwerp, Belgium last week Tuesday, October 19, 2021. At the invitation of the Antwerp diamond sector and the Antwerp World Diamond Center (AWDC), Her Excellency Antoinette N’SAMBA KALAMBAYI arrived in Belgium last Tuesday. The patron saint of mines will take a guided tour… Read More Here

  DR Congo & Zambia’s top mining news Our top stories this week Kamoa’s Annual Production will Double Once Phase 2 Expansion Works are Done… Kamoa-Kakula’s Phase 2 expansion, doubling production to over 400,000 tonnes of copper per year, ahead of schedule and now on track to begin full operations in Q2 2022. New Phase 1 daily production record of 721 tonnes of copper has been achieved. Kamoa-Kakula’s second filter press begins operations, allowing for increased copper concentrate production. Phase 1 concentrator ore throughput exceeding the 3.8 Mtpa… Read full… Read More Here

DRC & Zambian top mining news Our premier CKM stories this week Central African Gold is focusing on the acquisition, exploration and development of cobalt and copper mining properties in the DRC Central African Gold is a Canadian natural resources company focused on the acquisition, exploration and development of cobalt and copper mining properties in the DRC. Its first major acquisition nonetheless relates to a gold project, a decision which can be justified by the price of the yellow metal for more than a year. The Zani-Kodo gold project in… Read More Here

       DRC & Zambian top mining news Our premier CKM stories this week   Kamoa-Kakula’s Phase 1, 3.8 million-tonne-per-annum (Mtpa) concentrator plant advancing ahead of schedule   Robert Friedland and Yufeng “Miles” Sun announced that ramp-up of Kamoa-Kakula’s Phase 1, 3.8 million-tonne-per-annum (Mtpa) concentrator plant continues to advance ahead of schedule, with 319,795 tonnes of ore milled in September, exceeding the monthly design run rate of 316,667 tonnes at an average feed grade of 6.0% copper. A total of 16,010 tonnes of copper in concentrate were produced… Read… Read More Here

DRC & Zambian top mining news Our premier CKM stories this week   Tshisekedi called for sanctions against all mafia networks operating in the DRC   In his speech delivered on Tuesday, September 21 from the United Nations podium for the 76th General Assembly, the DRC Head of State Félix Tshisekedi called for sanctions against all mafia networks operating in the DRC, and all multinational companies who illegally exploit minerals there.  “Severe and exemplary sanctions be taken against all mafia networks, whether in transit countries… Read full article Read Also: Sandvik:… Read More Here

         DRC & Zambian top mining news Our top stories this week     Three trucks for Sentinel copper mine in Zambia and eight for Cobre Panama for FQM   First Quantum has ordered three trucks for Sentinel copper mine in Zambia and eight for Cobre Panama. Liebherr has confirmed that First Quantum recently confirmed an order for 11 trolley-capable T 284 trucks to add to its fleets at mines in Panama and Zambia. First Quantum has ordered three trucks for Sentinel copper mine in Zambia and… Read More Here

       DRC & Zambian top mining news Our top stories this week     hot commissioning and ramp-up of Phase 1, 3.8 million-tonne-per-annum (Mtpa) concentrator plant is progressing well   Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng “Miles” Sun are pleased to announce that hot commissioning and ramp-up of Kamoa-Kakula’s Phase 1, 3.8 million-tonne-per-annum (Mtpa) concentrator plant is progressing well and approaching nameplate steady-state-design performance. During August, the plant achieved an average milling rate of more than 9,000 tonnes per… Read full article Read… Read More Here

       DRC & Zambian top mining news Our top stories this week   Zambia’s mining sector is ready to invest in expansion projects worth more than US$2.5 billion   The Zambia Chamber of Mines (ZCM) has disclosed that Zambia’s mining sector is ready to invest in expansion projects worth more than US$2.5 billion next year in Zambia once the industry agrees on mineral royalties with the new Government. ZCM President Dr. Godwin Beene said First Quantum Minerals Limited (FQM) was ready to invest about US$1.5 billion into new… Read More Here

     DRC & Zambian top mining news Our top stories this week     DRC is reviewing its $6-billion “infrastructure-for-minerals” deal with Chinese investors   The Democratic Republic of Congo’s (DRC’s) government is reviewing its $6-billion “infrastructure-for-minerals” deal with Chinese investors as part of a broader examination of mining contracts, Finance Minister Nicolas Kazadi told Reuters. President Felix Tshisekedi said in May that some mining contracts could be reviewed because of concerns they are not sufficiently benefiting Congo, which is… Read full article Read Also; Improving Sino-Congolese Cooperation in… Read More Here