CKM NEWSLETTER 08-05-2023

Dolika Banda’s resignation as Chairperson of ZCCM-IH, has caused disappointment and concern among shareholders and stakeholders…

The resignation of Dolika Banda, Chairperson of ZCCM-IH, has caused disappointment and concern among shareholders and stakeholders in Zambia’s mining industry. Banda’s departure has raised questions about the future of ZCCM-IH and the country’s mining interests. “As shareholders of ZCCM-IH, we have witnessed Banda’s exceptional professionalism and competence, as well as her unwavering commitment… Read full details

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• Marie-Chantal Kaninda Appointed as CEO of Glencore DRC Subsidiary
• Six Killed in Illegal Diamond Mine Collapse in the DRC
• From World-Class Asset Base, Barrick Hunts New Opportunities
• Zambian Activist Wins Goldman Prize for Holding Mining Giant Accountable
• Zambia’s Partnership with FQM Brings Stability to the Nation
• ARSP Starts Compliance Checks in Companies Today Monday, May 8, 2023 In Kinshasa, DRC
• Miguel Kashal Katemb Launches Control in Main and Subcontractor Companies in the DRC
• British Billionaire with James Bond Link Boosts Orion Minerals
• Glencore Prioritises Ethics and Compliance

• Uganda’s Gold Industry Loses $160m Due to Tax Dispute
• Goodyear Tire and Rubber Company Looks to Expand Presence in Zambia and DRC

• Demand For Electric Vehicles is Booming Globally, Says IEA

This mining stalwart’s long journey to discover new minerals is an inspiration to every Zambian…

How many people would leave a prestigious job, their home, their family, and the lifestyle that they’d worked incredibly hard to build for a tent in rural Zambia, in pursuit of a dream? That’s what Dr Sixtus Mulenga did. His dream was to make a new mineral discovery in an unexplored part of Zambia. Fourteen years later, having parted with most of his hard-earned savings, he’s still living in a tent… Read full details

Ivanhoe Mines recorded an $82 million profit for Q1 2023, compared to $22 million profit for the same period in 2022…

Ivanhoe Mines recorded a profit of $82 million for Q1 2023, compared to a profit of $22 million for the same period in 2022. The profit in the quarter is net of a $31 million non-cash loss on the fair value adjustment of the embedded derivative financial liability of the convertible bond, resulting predominantly from a 14% increase in the share price from C$10.70 per share to C$12.21 per share at… Read full details

A mine workers union has expressed concern over the desperate situation at Konkola Copper Mines (KCM) and Mopani Copper Mines (MCM) in Zambia,…

The National Union of Miners and Allied Workers (NUMAW) has expressed concern over the desperate situation at Konkola Copper Mines (KCM) and Mopani Copper Mines (MCM) in Zambia, stating that both mines are relying on imports to survive. According to NUMAW National President Saul Simujika, KCM is only staying afloat through the importation of copper ore and concentrate from the Democratic Republic… Read full details

• Marie-Chantal Kaninda Appointed as CEO of Glencore DRC Subsidiary
• Six Killed in Illegal Diamond Mine Collapse in the DRC
• From World-Class Asset Base, Barrick Hunts New Opportunities
• Zambian Activist Wins Goldman Prize for Holding Mining Giant Accountable
• Zambia’s Partnership with FQM Brings Stability to the Nation

The Military Detection of Anti-Homeland Activities of the DRC (DEMIAP) Has Got Hold of a Network of Economic Criminals Operating in the Province of South Kivu…

During this operation, Congolese military intelligence was able to intercept more than 26,120 Kg of contraband gold. The members of this network were presented, this Friday, May 5, 2023, at the DEMIAP headquarters in Kinshasa, to three members of the Congolese Government, namely the Minister of Mines, Antoinette N’Samba; the Minister of State, Minister of Justice and Keeper of the Seals… Read full details