CKM NEWSLETTER 06-03-2023

The ongoing final installation and commissioning of a fourth Larox filter press is the final step…

Ivanhoe Mines Executive Co-Chair Robert Friedland and President Marna Cloete, announced at the 32nd BMO Global Metals & Mining Conference that the debottlenecking of the Kamoa-Kakula Copper Complex’s Phase 1 and 2 concentrators has been completed ahead of schedule. The ongoing final installation and commissioning of a fourth Larox filter press is the final step in the overall debottlenecking… Read full details

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• Panama Breakthrough Adds to Good News for Global Copper Supplies
• Glencore Sentenced to Pay $700 Million in US After Bribery Guilty Plea
• AFC President and CEO Meets with Zambian President to Discuss Infrastructure Partnerships
• Chinese Party Profits 5x Expected in Sino-Congolese Contract with Support from Civil Society and IGF Report
• Uncertainty Over Renewal of Chinese Sicomines Operating Permit
• Worker Fatality Forces Mopani Mining Shaft Suspension
• Gertler Earned Over $60m in Royalties from Congo Deal
• New Congolese Battery Council Animators Notified to Start Work
• ZNS Officers Dismissed for Engaging in Illegal Mining at Kasenseli Gold Mine

• The Price of Cobalt Sinks Further to 35,000 USD Per Ton

• DRC Signs Ventora Agreement, Recovers $2B in Assets, and Avoids Daily Losses of $120k

The three countries have signed an agreement to create a trade corridor known as the Lobito Corridor that links Copperbelt and Katanga provinces to the Atlantic Port of Lobito…

Angola, Zambia, and the Democratic Republic of Congo (DRC) have signed an agreement to create a trade corridor that could potentially revolutionize the transportation of the region’s resources. The corridor, known as the Lobito Corridor, will connect the mining areas of Katanga province in the DRC and the Copperbelt in Zambia to the Atlantic port of Lobito in Angola. According to mining company… Read full details

Hitachi and FQM, have entered a Letter of Intent to advance the development of Sustainable Mining Solutions at FQM mining operations in Zambia…

Hitachi Construction Machinery Co., Ltd. and First Quantum Minerals, on 1st March announced that they have entered into a Letter of Intent to advance the development of sustainable mining solutions at First Quantum’s flagship mining operations in Zambia. A proof of concept (“POC”) will be implemented as part of the LOI; Hitachi Construction Machinery supplying the first of its full battery… Read full details

Prime Minister, Jean-Michel Sama Lukonde Kyenge, discussed the issue of the project to extract methane gas from Lake Kivu…

With the Ambassador Extraordinary and Plenipotentiary of the Republic of Tunisia in the DRC, Bouzekri Rmili, the Prime Minister, Jean-Michel Sama Lukonde Kyenge, discussed the issue of the project to extract methane gas from Lake Kivu. According to Bouzekri Rmili, this project only awaits the signing of the presidential order for its implementation. “I had the honor of being received in audience… Read full details

• Panama Breakthrough Adds to Good News for Global Copper Supplies
• Glencore Sentenced to Pay $700 Million in US After Bribery Guilty Plea
• AFC President and CEO Meets with Zambian President to Discuss Infrastructure Partnerships
• Uncertainty Over Renewal of Chinese Sicomines Operating Permit

The huge stockpile of metal is owned by China’s CMOC Group Ltd, which is locked in a dispute with its Congolese state partner over royalty payments…

A growing pile of copper and cobalt worth around $1.5 billion is stuck in the Democratic Republic of Congo, caught in a standoff over the future of one of the world’s biggest battery metal mines. world. The huge stockpile of metal is owned by China’s CMOC Group Ltd, which is locked in a dispute with its Congolese state partner over royalty payments. While its exports were stalled in mid-July, CMOC. … Read full details