Category: CKM Newsletter

            The DRC & ZMB’s Top Mining News Platform Mining Stories to Kick Start Your Week       DRC has opposed Chemaf SA’s plan to sell its copper and cobalt mines to China’s Norin Mining…   The government of the Democratic Republic of Congo (DRC) has opposed Chemaf SA’s plan to sell its copper and cobalt mines to China’s Norin Mining, according to a document reviewed by Reuters. In June, Chemaf, a long-time partner of commodities trader Trafigura, announced its agreement to sell its… Read More Here

          The DRC & ZMB’s Top Mining News Platform Mining Stories to Kick Start Your Week       The Zambian party informed the Congolese party that the border will be reopened to allow the free movement of people and goods between the…   Zambia and the Democratic Republic of Congo (DRC) have agreed to reopen their shared border on Monday after resolving a trade dispute that led to its closure over the weekend. In a joint statement, the commerce ministers of both nations announced, “The… Read More Here

            The DRC & ZMB’s Top Mining News Platform Mining Stories to Kick Start Your Week   Ivanhoe Mines recorded a profit of $67 million for Q2 2024 compared with a profit of $87 million for Q2 2023…   Ivanhoe Mines recorded a profit of $67 million for Q2 2024 compared with a profit of $87 million for Q2 2023. Ivanhoe Mines’ normalized profit for Q2 2024 was $115 million, compared with a normalized profit of $114 million for Q2 2023. Normalized profit for the… Read More Here

                  The DRC & ZMB’s Top Mining News Platform Mining Stories to Kick Start Your Week     First Quantum Minerals has declared commercial production at the Enterprise Nickel Mine…   First Quantum Minerals has declared commercial production at the Enterprise nickel mine, located 12km away from the company’s Sentinel copper mine in the North Western Province of Zambia. First Quantum built, commissioned and delivered commercial operation in just over two years – another successfully executed project that demonstrates the company’s approach… Read More Here

                The DRC & ZMB s Top Mining News Platform Mining Stories to Kick Start Your Week         This significant milestone is attributed to the diligent efforts of the Private Sector Subcontracting Regulatory Authority (ARSP)   Twelve Congolese companies have been granted subcontracting contracts with Kamoa Copper, a subsidiary of Ivanhoe Mines operating in Lualaba province. This significant milestone is attributed to the diligent efforts of the Private Sector Subcontracting Regulatory Authority (ARSP). During his visit to Lualaba province, Miguel… Read More Here

                  The DRC & ZMB’s Top Mining News Platform Mining Stories to Kick Start Your Week     EMR Capital has sold its 80% shareholding in Lubambe Copper Mines Limited to JCHX Mining Management Company Limited…   ZCCM-IH announced yesterday July 10th 2024, that EMR Capital has sold its 80% shareholding in Lubambe Copper Mines Limited to JCHX Mining Management Company Limited. This acquisition was executed through JCHX’s wholly owned overseas subsidiary, Sundimo Mining Investments Limited, which will now hold 80% of… Read More Here

                  The DRC & ZMB’s Top Mining News Platform Mining Stories to Kick Start Your Week     Robert Friedland and Marna Cloete announced the completion of construction and the restart of the historic ultra-high-grade Kipushi zinc-copper-lead-germanium mine in the DRC…   Executive Co-Chair Robert Friedland and President Marna Cloete announced recently the completion of construction and the restart of the historic ultra-high-grade Kipushi zinc-copper-lead-germanium mine in the Democratic Republic of the Congo (DRC), 100 years after it first operated, and 31… Read More Here

                The DRC & ZMB’s Top Mining News Platform Mining Stories to Kick Start Your Week         AFC, the leader in infrastructure solutions on the continent, has announced the closing of a $150 million senior loan agreement with Kamoa Copper…   Africa Finance Corporation (AFC), the leader in infrastructure solutions on the continent, has announced the closing of a $150 million senior loan agreement with Kamoa Copper to support the expansion of the Kamoa-Kakula copper deposit in the Democratic Republic… Read More Here