CKM NEWSLETTER 05-06-2023

Kipushi Mine Redevelopment Project in the DRC is expected to produce its first copper concentrate in the third quarter of next year…

In an interview, President Marna Cloete of Ivanhoé Mines says that Ivanhoé’s Kipushi Mine Redevelopment Project in the DRC is expected to produce its first copper concentrate in the third quarter of next year. According to Ivanhoé’s President Marna Cloete, “construction of the mill is now also well advanced.” Indeed, the Kipushi project is based on the high-grade zinc-copper mine which is located… Read full details

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• Ivanhoe Mines Announces Kamoa-Kakula Achieved Record Copper Production of 35,856 Tonnes in May 
• Zambia and Mozambique Cut Off Electricity Supplies to Zimbabwe Over Failure to Pay for Imports
• Australian Company Pioneers Dynamic Charging for Electric Mining Trucks
• Gemfields Achieves Record Revenue in High-Quality Emerald Auction
• DRC Minister of Finance Questioned on “Blocking” of the Disbursement of Credits Allocated to the Revival of MIBA 
• CNPAV a Congolese NGO Has Questioned the Many Advantages Granted to Primera Gold and Primera Metals
• Zambia’s Refined Copper Exports Experience Decrease in April 2023

• DRC Government Promises Drastic Measures Against Fraud at Border Posts
• DRC’s Minister of Mines Suspends Boss Mining SA Operations Over Environmental Pollution
• Zambia’s Ambition to Triple Copper Production Remains Uncertain

• TFM-Funded Electrification Project in DRC’s Tenke City Gains Momentum
• China and DRC Highlight Need for Ongoing Mining Cooperation Assessment

• Small Scale Miners Urge Tax Incentives for Start-Up Mines in Zambia

The US government has allocated US$250 million towards the development of the Lobito Corridor, which encompasses Zambia, Angola, and the DRC…

The United States government has allocated a substantial amount of US$250 million towards the development of the Lobito Corridor, which encompasses Zambia, Angola, and the Democratic Republic of Congo (DRC). During the G7 Leaders summit held in Japan on May 18 to 19, 2023, US President Joe Biden announced this commitment, according to Helaina Matza, the US Deputy Special Presidential Coordinator… Read full details

United States government has reaffirmed its commitment to supporting Zambia in its pursuit of expanding copper production to reach an annual target of 3 million tonnes…

The United States government has reaffirmed its commitment to supporting Zambia in its pursuit of expanding copper production to reach an annual target of 3 million tonnes. Helaina Matza, the US Deputy Special Presidential Coordinator for Global Infrastructure and Energy, emphasized the need for intensified exploration efforts to achieve this ambitious goal during her recent visit to the country… Read full details

The mining company has been asked to halt all activities in the National Park due to non-compliance with the conditions outlined in the decision letter….

Zambia’s government has taken action against Mwembeshi Resources Limited, instructing the company to halt all activities in the Lower Zambezi National Park due to non-compliance with the conditions outlined in the decision letter. Minister of Green Economy and Environment Collins Nzovu, expressed concern over the alleged commencement of mining operations by Mwembeshi Resources Limited in the park… Read full details

Ivanhoe Mines Announces Kamoa-Kakula Achieved Record Copper Production of 35,856 Tonnes in May 

Australian Company Pioneers Dynamic Charging for Electric Mining Trucks

DRC Minister of Finance Questioned on “Blocking” of the Disbursement of Credits Allocated to the Revival of MIBA 

By 2026-2027, the DRC should become the world’s second largest copper producer, according to a report by Wood Mackenzie. …

By 2026-2027, the Democratic Republic of Congo (DRC) should become the world’s second largest copper producer, according to a report published on May 30, 2023 by the firm Wood Mackenzie. The report specifies that with this increase in production, the DRC will thus overtake Peru, after having almost equalled it last year. For experts, the potential that the DRC has could help it rise to the highest… Read full details