Category: CKM Newsletter

  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

  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