CKM NEWSLETTER 07-06-2021

Kamoa signs a 10-year smelting contract with Lualaba Copper Smelter…

On 31 May, 2021, Kamoa Copper signed a 10-year agreement with the Lualaba Copper Smelter (LCS), located outside the town of Kolwezi, for the processing of a portion of Kamoa’s copper concentrate production. Kamoa Copper delivered its first copper concentrates to the Lualaba smelter on 1 June. LCS is 60%-owned by China Nonferrous Metal Mining Group (CNMC) of Beijing, China. Yunnan Copper of… Read full article

Read Also; Kamoa Copper SA Appoints SGS Congo for On-Site Analytical Services

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Ø     DRC Concentrate Export Ban May Tighten Global Copper, Cobalt Supply

Ø     Kamoa Copper SA Appoints SGS Congo for On-Site Analytical Services

Ø     Sandvik on Walking the Journey of Automation in Southern Africa

Ø     Copper Price up as Global Smelting Rebounds

Ø     DRC Minister of Mines to Speak at DRC Mining Week Online Event

Ø     Ivanhoe Reports a Fatal Accident at Kamoa-Kakula Mine in Congo

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GoviEx Uranium has sealed a drilling contract with Hydro Tech Drilling & Exploration (Hydro Tech)

GoviEx Uranium Inc. has sealed a drilling contract with Hydro Tech Drilling & Exploration (Hydro Tech) to undertake exploration and resource delineation drilling programs on Mutanga Uranium project. “With the reissued Chirundu Mining Permit we are keen to get back to advancing our Zambian assets with the development of Mutanga. The Project benefits from very simple and straightforward operations… Read full article  

Ø     Read Also: Ivanhoe Reports a Fatal Accident at Kamoa-Kakula Mine in Congo

AVZ Minerals surging towards deciding to go into production…

MANONO IS THE LARGEST AND HIGHEST GRADE UNDEVELOPED HARD-ROCK LITHIUM PROJECT IN THE WORLD, AND AVZ AIMS TO ENSURE IT IS 100% ‘GREEN’. Australian-listed  AVZ Minerals (ASX:AVZ) is surging towards deciding to go into production after signing four long-term offtake agreements for its world-class Manono hard-rock lithium and tin project during the last four months. The binding SC6 offtake agreement… Read full article

Banro announces the re-launch of its mining activities in the east of the DRC…

Since 2019, the Canadian gold company, Banro, has decided to suspend its activities in four of its subsidiaries, in the east of the Democratic Republic of Congo, for security reasons. This Saturday, June 05, 2021, the DRC’s Minister of Mines received a delegation from this company, led by its main shareholder, Luc Gérard. The latter exchanged with the Minister of Mines, Antoinette N’Samba, on the… Read full article

Ø     Kamoa Copper SA Appoints SGS Congo for On-Site Analytical Services

Ø     Sandvik on Walking the Journey of Automation in Southern Africa

Ø     Copper Price up as Global Smelting Rebounds

Ø     DRC Minister of Mines to Speak at DRC Mining Week Online Event

Ø     Ivanhoe Reports a Fatal Accident at Kamoa-Kakula Mine in Congo

The Economic and Social Council (CES), has appealed to the government for transparency in mining revenues management…

During the closing ceremony of the April 2021 session, held on Tuesday, June 1 at the People’s Palace, the President of the Economic and Social Council (CES), Jean-Pierre Kiwakana Kimayala, appealed to the government for transparency in the management of mining revenues, especially since mining is a sector likely to boost the development of the Democratic Republic of the Congo… Read full article

Cobalt metal prices unchanged even after DRC temporal export ban…

Global cobalt prices were steady yesterday, as market participants shrugged off a temporary ban on exporting cobalt and copper concentrate from the Democratic Republic of Congo (DRC). European prices for cobalt metal were assessed unchanged yesterday at $19.80-20.50/lb du Rotterdam for chemical and alloy grades. Chinese domestic prices were also stable at Yn334-365/kg ($52-57/t) ex-works, while… Read full article

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Ø     Kamoa Copper SA Appoints SGS Congo for On-Site Analytical Services

Ø     Sandvik on Walking the Journey of Automation in Southern Africa

Ø     Copper Price up as Global Smelting Rebounds

Ø     DRC Minister of Mines to Speak at DRC Mining Week Online Event