Mining in DRC - Copperbelt Katanga Mining

Félix Tshisekedi and Xi Jinping Strengthen China-DRC Partnership Ahead of 2024 FOCAC 1

Félix Tshisekedi met with Chinese President Xi Jinping in Beijing last week, prior to the 2024 Forum on China-Africa Cooperation (FOCAC). Their talks centered on strengthening bilateral ties, trade, and diplomatic relations, with a special focus on China’s support for the DRC in the United Nations Security Council. During the meeting, President Tshisekedi reaffirmed the DRC’s commitment to the one-China policy, recognizing Taiwan as an integral part of Chinese territory. He expressed gratitude for China’s ongoing support within the UN, especially in maintaining the DRC’s sovereignty and stability in the… Read More Here

Mining in DRC Cobalt Copper

ERG Secures $150M Financing to Boost DRC Copper and Cobalt Operations

September 9, 2024September 9, 2024 Constance

Eurasian Resources Group (ERG) has secured a $150 million pre-export financing agreement with Bank of China Limited, London Branch, in collaboration with Glencore International. This financing will support ERG’s mining operations in the Democratic Republic of Congo (DRC), particularly at Metalkol, a unit focused on reprocessing copper and cobalt residues. The agreement hinges on a copper cathode supply contract from Metalkol, using future export revenues as collateral. This arrangement provides ERG with the liquidity needed to sustain its investments in the Kolwezi region. “We are delighted to support the continued… Read More Here

Mining in DRC

Lualaba Women’s Organization Demand Environmental Accountability from Mining Companies

September 9, 2024September 9, 2024 Constance

A women’s organization in Lualaba, the mining heartland of the Democratic Republic of Congo (DRC), has urged the Congolese government to enforce environmental standards and push mining companies to invest in sustainable development projects. This call to action was announced last week in Kolwezi by the Solidarity of Women on the Congo River (Soffleco). According to a report from the Congolese National Agency (ACP), Soffleco, which advocates for “climate justice for all through access to land,” has invoked the Constitution to highlight the environmental crimes associated with mining activities in… Read More Here

Mining in DRC Events & Expos

DRC President Urged to Address Chinese Mining Pollution at China-Africa Forum

September 9, 2024September 9, 2024 Constance

Félix Tshisekedi, President of the Democratic Republic of Congo (DRC), visited Beijing, China, to participate in the 9th edition of the China-Africa Forum, which took place from September 4th to 6th, 2024. The forum brought together several African Heads of State. During the forum, President Tshisekedi engaged in discussions with his Chinese counterpart, Xi Jinping, focusing on key areas of cooperation, particularly in the Congolese mining sector, where Chinese companies have a significant presence. In an interview with, Léonard Zama, coordinator of a civil society organization in Greater Katanga, urged… Read More Here

Mining in DRC Events & Expos

ARSP DG Advocates Chinese-Congolese Partnerships for Value Chain Growth

September 8, 2024September 8, 2024 Constance

Miguel Katemb Kashal, Director General of the Regulatory Authority for Subcontracting in the Private Sector (ARSP), called for a “win-win” partnership between Chinese and Congolese entrepreneurs during the DRC-China Economic Forum in Beijing on September 3, 2024. Addressing an audience that included members of the DRC government, Chinese business leaders, and other participants, Kashal emphasized the Congolese government’s support for this mutually beneficial collaboration. He highlighted the commitment of President Félix Tshisekedi to fostering such partnerships in the subcontracting sector. Kashal praised Chinese companies already partnering with Congolese businesses, noting… Read More Here

Mining in DRC Copper

Ivanhoe Mines Announces Kamoa-Kakula Achieved Record Copper Production of 40,347 Tonnes in August

September 8, 2024September 8, 2024 Constance

Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chairman Robert Friedland and President Marna Cloete has announced that the Phase 1, 2 and 3 concentrators at the Kamoa-Kakula Copper Complex in the Democratic Republic of the Congo (DRC) achieved a combined monthly production record of 40,347 tonnes of copper in concentrate and a combined monthly milling record of 1.1 million tonnes during August. On August 31, the Phase 1, 2 and 3 concentrators produced a combined daily production record of 2,096 tonnes of copper. This included 1,760 tonnes of copper from… Read More Here

Transport and Logistics Angola Mining in DRC Mining in Zambia

DBSA Approves $200M for US-Backed Lobito Rail to Boost African Mineral Exports

September 4, 2024September 4, 2024 Constance

The Development Bank of Southern Africa (DBSA) has approved up to $200 million in financing for the Lobito Corridor rail project, a US-backed initiative aimed at transporting critical minerals from Central Africa’s Copperbelt to the Atlantic port in Angola. Mpho Mokwele, DBSA’s Executive for Transacting, emphasized the project’s importance in supporting the global energy transition by facilitating the export of minerals essential for renewable energy technologies. “The Lobito Corridor is set to become the most competitive route for exporting these minerals, offering significant cost and time savings for exporters,” Mokwele… Read More Here

Mining in DRC Gold

DRC Seeks New Gold Buyers After Taking Control of Primera Gold

September 2, 2024September 2, 2024 Constance

The Democratic Republic of Congo (DRC) is actively seeking new buyers for gold from its eastern regions after gaining full control of Primera Gold, a company previously involved in an exclusive contract to trade gold from these areas. The UAE-based Primera Group recently sold its stake in Primera Gold, which had been a joint venture with the Congolese government. This move ended a controversial agreement that granted Primera Gold sole rights to buy and sell gold mined by small-scale or artisanal miners in eastern Congo. Joseph Kazibaziba, Director-General of the… Read More Here

CKM eMagazine Mining in DRC Mining in Zambia

CKM EMAGAZINE SEPTEMBER – OCTOBER 2024 EDITION (PDF FORMAT)

September 2, 2024September 9, 2024 arnbethnic

Just in case you have not yet receive the September– October 2024 edition of the CKM eMagazine, Here’s your free copy and don’t forget to share with your colleagues who might not only need this but would also benefit from the quality news and professional information provided in this special edition. The CKM eMagazine is massively distributed digitally reaching top decision makers in all the mining houses in Zambia and the DRC. We have over 115,000 followers on LinkedIn with over 65,000 CKM Newsletter subscribers with over 1,000,000 organic impressions . This Sept-October 2024 edition will be distributed massively at Electra Mining Africa 2024 in Johannesburg, South… Read More Here