CKM NEWSLETTER 09-05-2022

FQM Approves US$ 1.2 Billion for Kansanshi S3 Expansion and Enterprise Nickel Project

First Quantum Minerals Ltd. is pleased to announce that the Company’s Board of Directors has approved the S3 Expansion at the Kansanshi mine and the Enterprise nickel project. “First Quantum has been working constructively with the Government of Zambia’s New Dawn administration as part of their efforts to reform the mining sector, attract investment and increase Zambia’s copper production… Read full details

    Sponsored

• First Quantum Minerals Announces Tristan Pascall as New CEO
• Good Times are Ahead for Lithium Miners as Prices Continue to Surge
• DRC-Ventora Agreement: What Does Dan Gertler Win? (Franck Fwamba, Mining Activist)
• Botswana Diamonds Discovers Largest Anomaly to Date at Thorny River Project
• Uranium Miners Ready to Meet Market Needs, WNFC Hears
• Sandvik to Supply Underground BEV Fleet to Hindustan Zinc, One of the World’s Largest Integrated Producers of Zinc
• Gold Price Falls to Near 3-Month Low as Fed Meeting Approaches
• Tesla Delays Filing as Investors Await Word on Possible Stock Split
• Anglo American Puts World’s Largest Hydrogen Truck to Work

• Didier Budimbu, The DRC Minister of Hydrocarbons Exchanges With Oil Companies on the Storage and Supply of Petroleum Products
• Barrick Gold Promises to Finance the Transfer of 50 White Rhinos to Garamba National Park in The DRC
• DRC Minister of Mines Signs the Exploitation Permit in Favor of AVZ Minerals, What Next?
• SICOMINES Rewards 148 Best Employees of the Year 2021

Kamoa on Track as the World’s 3^rd Largest Copper Miner

Robert Friedland and Yufeng “Miles” Sun are pleased to announce, further details of the Phase 3 expansion at the Kamoa-Kakula Copper Mining Complex in the Democratic Republic of Congo. Phase 3 is expected to increase annualized copper production capacity to approximately 600,000 tonnes per year by the fourth quarter of 2024, which will position Kamoa Copper… Read full details

Read Also: New Delivery for Elphinstone WR810 Fleet­

AVZ’s Manono Finally Gets the License

The DRC Minister of Mines has issued the Ministerial Decree to award the Permit d’Exploitation (PE or Mining Licence) for its flagship Manono Lithium and Tin Project (Manono Project). Dathcom Mining SA is 75% owned by AVZ International Pty Ltd, a wholly owned subsidiary of AVZ Minerals Limited. The signing of the Ministerial Decree to award the Mining Licence to Dathcom Mining SA… Read full details

DRC’s Top Mineral Exports Downward Trend for May 2-7, 2022

The general trend of the main mineral export products of the Democratic Republic of the Congo is downward for the main mineral exports of the Democratic Republic of the Congo, according to projections by the National Mercurial Commission of the Ministry of Foreign Trade. Only tantalum is showing an uptrend this week. It is trading on the international market at 390 USD per Kg against 386.60 USD… Read full details

Good Times are Ahead for Lithium Miners as Prices Continue to Surge

Botswana Diamonds Discovers Largest Anomaly to Date at Thorny River Project

Uranium Miners Ready to Meet Market Needs, WNFC Hears

Tesla Delays Filing as Investors Await Word on Possible Stock Split

Cobalt Demand to Increase by 370% Between 2020 t0 2040…

According to industry experts, the demand for cobalt could increase by 143 to 370% between 2020 and 2040 depending on the pace of the global energy transition. In terms of comparison, between 2000 and 2020, cobalt production increased by 320%, while copper production increased by 1,415%. Manufacturers of electric vehicle (EV) batteries (a market that has grown from virtually nothing in 2010… Read full article

Europe Plans to Replace Russian Gas with African Gas

The European Union will seek to step up cooperation with African countries to help replace imports of Russian natural gas and reduce dependence on Moscow by almost two-thirds this year. Countries in Africa, in particular in the western part of the continent, such as Nigeria, Senegal, and Angola, offer largely untapped potential for liquified natural gas, according to a draft EU document seen by… Read full details