CKM NEWSLETTER 01-08-2022

Zambia Launches Africa’s Largest Nickel Mine…

Zambia officially began its journey to becoming a key player in the new global electric vehicle (EV) ecosystem this week as President Hakainde Hichilema launched the Enterprise nickel mine in Kalumbila. Once up and running, First Quantum Minerals’ mine will be the largest producer of the strategic metal in Africa. Nickel, like lithium, cobalt, and copper, is an essential component in the batter… Read full details

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• First Quantum Keeps Cost Guidance Unchanged Despite Inflationary Pressures
• Faced with the Reduction in Production at the Inga Site, SNEL Announces a Cyclic Service Program- DRC
• Emeralds for Zambia
• Zimbabwe Raises Mines Power Tariff By 8% to Meet Production Cost
• Gold Trading Kicks off on Nigerian Exchange Ahead of Launch
• Largest Pink Diamond Discovered in Lulo Mine
• DRC Mining Industry Produced 7,797 Kg of Raw Gold in the First Quarter of 2022

• Illicit Exploitation of Coltan, More Than 4 Billion USD Escape the Control of The DRC Public Treasury Per Year (Enact Africa)
• Félix Tshisekedi Dreams of Providing the DRC With Modern Refineries, to End Dependence in Terms of The Supply of Finished Petroleum Products
• DRC: Tenders for 27 Oil and 3 Gas Blocks,Made Available to Investors
• DRC: 2.8 Million Carats of Diamond Produced in the 1st Quarter of 2022
• Gemfields Reports Record 12-Month Auction Revenue
• World-First Hydrogen Haul Truck Operational From August – Anglo Platinum
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We need to eliminate the gap that exists between the available natural potential and the conditions in which the Congolese population lives …

In his speech, President Félix-Antoine Tshisekedi spoke of the need to eliminate the gap that exists between the natural potential available to the country and the conditions in which the Congolese population lives. To this end, the Congolese President has indicated that it is imperative to exploit natural resources so that they contribute to the improvement of the living conditions of the Congo… Read full details

FQM continues to guide cash costs of C$1.45/lb to C$1.60/lb for the full year…

Unlike many of its peers, Canada-based miner First Quantum has opted to keep its cost guidance for 2022 unchanged, despite inflationary pressures and lower output from its mines in Zambia. The company continues to guide cash costs of C$1.45/lb to C$1.60/lb for the full year, despite second-quarter cash costs exceeding the upper limit of the yearly guidance. During the June quarter, First Quantum… Read full details

The DRC oil industry produced only 2,145 barrels during the first quarter of 2022…

According to data published by the Central Bank of Congo (BCC), in its statistical summary, the Congolese oil industry produced only 2,145 barrels during the first quarter of 2022. This production is far from meeting the growing demand for petroleum products on the national market of the Democratic Republic of Congo (DRC). In the first quarter of last year, oil production in the Democratic… Read full details

Félix Tshisekedi Dreams of Providing the DRC With Modern Refineries, to End Dependence in Terms of The Supply of Finished Petroleum Products

DRC: Tenders for 27 Oil and 3 Gas Blocks,Made Available to Investors

DRC: 2.8 Million Carats of Diamond Produced in the 1st Quarter of 2022

DRC Mining Industry Produced 7,797 Kg of Raw Gold in the First Quarter of 2022

Several intervention measures across various disciplines are being implemented…

The universal realization that climate change is real and its effects primarily global warming, has negatively affected the entire globe, prompting various nations to devise pragmatic mechanisms in which such effects can be curtailed. Several intervention measures across various disciplines are being implemented world over to stem these adverse effects of climate change. As a key mitigation… Read full article

Alphamin announces that it produced 3,180 tonnes of tin in the second quarter of 2022 alone…

In an operational and financial report published on Tuesday July 26, 2022, the mining company Alphamin announces that it produced 3,180 tonnes of tin in the second quarter of 2022. For this mining operator, this brings production for the first six months of the 2022 financial year to 6,241 tonnes. The performance thus achieved represents an increase of 4% quarter-on-quarter, placing Alphamin on… Read full details