CKM NEWSLETTER 05-05-2025

Hon. Kabuswe attributed the increase to improved production at two major operations—Konkola Copper Mines (KCM) and Mopani Copper Mines…

Zambia’s copper production surged by approximately 30% in the first quarter of 2025, reaching around 224,000 metric tonnes compared to 173,000 metric tonnes during the same period in 2024, according to Mines Minister Paul Kabuswe. In a statement issued on Wednesday, Kabuswe attributed the increase to improved production at two major operations—Konkola Copper Mines (KCM) and Mopani Copper Mines…  Read full details

• ZESCO Accelerates Solar Expansion with 500 MW Boost to the National Grid
• DRC Engages EU on Peace and Aid as PM Suminwa Meets Great Lakes Envoy
• Zambia, Zimbabwe Revive Batoka Gorge Project with Congo River Water Plan
• Perseus Commits $523 Million to Tanzania’s Largest Gold Project in Over a Decade
• DRC Shifts Focus to Mining Sector Diversification for Sustainable Growth
• South Kivu Governor Warns of Fake Mining Documents Circulated from Bujumbura
• Reimagining Reliability: How AI-Powered Asset Intelligence is Transforming Mining Operations in Sub-Saharan Africa
• Ghana Arrests Three Indian Nationals Over Alleged Gold Smuggling Ring
• Tin Prices Recover as Commodities Show Mixed Trends in DRC’s Mining Sector
• DRC Invites Japanese Companies to Invest in its Mining Sector

• Ivanhoe Mines Confirms Kamoa-Kakula Achieved a Record 50,176 Tonnes of Copper Production in April
• KoBold Metals Expands Presence in DRC with New Leadership Appointment
• Barrick Gold Rebrands as Barrick Mining to Reflect Growing Copper Strategy
• Carter Center Urges DRC to Reform Mining Tax System for Greater Revenue
• U.S. Pushes for DRC-Rwanda Peace Deal Tied to Multi-Billion Dollar Mineral Investments
• Zambia Advances $500 Million Solar Energy Drive to Power 130,000 Homes
• Net zero mining is a reality
• Gemfields Earns $16.4 Million from Commercial-Quality Emerald Auction in India
• Belgium Signals Stronger Role in DRC’s Critical Minerals Sector
• Barrick Announces Sale of Stake in Donlin Gold Project for Up To $1.1 Billion
• African Diamond Producers Struggle as Global Prices Plunge
• ERG Africa Champions Women’s Inclusion at Kinshasa Mining Event
• Burkina Faso Grants Nordgold Mining License to Boost Gold Production
• Premier African Minerals Signs LOI with Glencore for Zulu Lithium Concentrate
• Gold Mine Collapse in Eastern DRC Kills at Least 10 Amid Ongoing Conflict

KoBold Metals, plans to leverage artificial intelligence to discover new mineral deposits in the DRC’s resource-rich basins…

A U.S. mining company backed by billionaires Bill Gates and Jeff Bezos is expanding its operations in the Democratic Republic of Congo (DRC), aiming to secure rare minerals essential for the global energy transition and counter China’s dominance in the sector. KoBold Metals, the Berkeley-based company supported by Gates’s Breakthrough Energy Ventures—whose investors also include Jeff Bezos and for…  Read full details

Belgian Foreign Minister Maxime Pr vot (pictured, right) indicated this week that the kingdom is willing to strengthen its relations with the DRC in the mining sector…

Former colonial power Belgium retains mining interests in the DRC, particularly in diamonds and critical metals. Brussels is now demonstrating its willingness to strengthen its ties with Kinshasa, amid growing geopolitical rivalries over Congolese minerals. Belgian Foreign Minister Maxime Pr vot (pictured, right) indicated this week that the kingdom is willing to strengthen its relations with the…  Read full details

Xtract Resources, has announced that recent assay results from its ongoing drilling campaign at the Silverking copper project in Zambia have doubled the strike length of high-grade mineralisation to…

Xtract Resources, an Aim-listed company, has announced that recent assay results from its ongoing drilling campaign at the Silverking copper project in Zambia have doubled the strike length of high-grade mineralisation to over 160 metres. The company, which is working to earn up to a 70% stake in the project from Oval Mining, released results from a second batch of diamond drill holes… Read full details

• Ivanhoe Mines Confirms Kamoa-Kakula Achieved a Record 50,176 Tonnes of Copper Production in April
• KoBold Metals Expands Presence in DRC with New Leadership Appointment
• Barrick Gold Rebrands as Barrick Mining to Reflect Growing Copper Strategy
• Carter Center Urges DRC to Reform Mining Tax System for Greater Revenue
• U.S. Pushes for DRC-Rwanda Peace Deal Tied to Multi-Billion Dollar Mineral Investments
• Zambia Advances $500 Million Solar Energy Drive to Power 130,000 Homes
• Net zero mining is a reality
• Gemfields Earns $16.4 Million from Commercial-Quality Emerald Auction in India
• Belgium Signals Stronger Role in DRC’s Critical Minerals Sector
• Barrick Announces Sale of Stake in Donlin Gold Project for Up To $1.1 Billion
• African Diamond Producers Struggle as Global Prices Plunge
• ERG Africa Champions Women’s Inclusion at Kinshasa Mining Event
• Reimagining Reliability: How AI-Powered Asset Intelligence is Transforming Mining Operations in Sub-Saharan Africa

• Burkina Faso Grants Nordgold Mining License to Boost Gold Production
• Premier African Minerals Signs LOI with Glencore for Zulu Lithium Concentrate
• Gold Mine Collapse in Eastern DRC Kills at Least 10 Amid Ongoing Conflict
• ZESCO Accelerates Solar Expansion with 500 MW Boost to the National Grid
• DRC Engages EU on Peace and Aid as PM Suminwa Meets Great Lakes Envoy
• Zambia, Zimbabwe Revive Batoka Gorge Project with Congo River Water Plan
• Perseus Commits $523 Million to Tanzania’s Largest Gold Project in Over a Decade
• DRC Shifts Focus to Mining Sector Diversification for Sustainable Growth
• South Kivu Governor Warns of Fake Mining Documents Circulated from Bujumbura
• Ghana Arrests Three Indian Nationals Over Alleged Gold Smuggling Ring
• Tin Prices Recover as Commodities Show Mixed Trends in DRC’s Mining Sector
• DRC Invites Japanese Companies to Invest in its Mining Sector

The Democratic Republic of Congo (DRC) generated $4.36 billion in 2024 from the mining sector, accounting for approximately 41.3% of the country’s total revenue…

The mining sector of the Democratic Republic of Congo (DRC) generated $4.36 billion in 2024, accounting for approximately 41.3% of the country’s total revenue, estimated at over $10.62 billion. This was reported by the financial rating agency Standard & Poor’s (S&P) in a recent post on its X (formerly Twitter) account. According to S&P, this performance resulted from multiple sources of revenue… Read full details