CKM NEWSLETTER 09-10-2023

Kamoa-Kakula Copper Complex produced a record 103,947 tonnes of copper concentrate during the third quarter of 2023…

Ivanhoe Mines Executive Co-Chair Robert Friedland and President Marna Cloete are pleased to announce that the Kamoa-Kakula Copper Complex in the Democratic Republic of Congo (DRC) produced a record 103,947 tonnes of copper in concentrate during the third quarter of 2023. Kamoa-Kakula’s Phase 1 and 2 concentrators have consistently operated at a steady-state throughput rate of 9.2 million tonnes… Read full details

• DRC Companies Urged to Collaborate with ARSP in Subcontracting
• ZCCM-IH Shareholders Approve K724 Million in Dividends
• Lualaba Province Contributes to Nearly 60% of DRC’s Mining Revenues
• Sibanye-Stillwater Ceo Neal Froneman Named Chair of World Gold Council
• Panama to Withdraw Proposed Contract for Canadian Miner FQM’s Unit
• DRC President Inaugurates 2,400 M Customs Services Building in Kasumbalesa

• Exxaro Explores Copper Opportunities in Congo, Zambia, and Botswana
• Emeralds and Rubies Continue to Give Southern Africa Exceptional Gemstone Hues
• Sibanye Stillwater Sees Opportunity in Mopani Copper Mines Investment

• Vedanta Announces Spin-Off and Listing of Six Business Units for Growth
• Zambia Becomes Sixth African Nation to Access Spacex’s Starlink Internet
• ZCCM-IH Shareholders Approve K724 Million in Dividends

Barrick is investing $2 billion in an expansion project designed to increase Lumwana’s annual production…

Barrick’s transformation of its Lumwana mine into a world-class producer will provide strong impetus for the government’s thrust to revive the country’s copper industry, president and chief executive Mark Bristow said on September 3rd after a meeting with Zambian President Hakainde Hichilema. Barrick is investing almost $2 billion in an expansion project designed to increase Lumwana’s annual production… Read full details

Presidential Groundbreaking Ceremony launches Kasomeno-Mwenda Toll Road (KMTR) Project that could cut the Dar es Salaam – Lubumbashi distance by 300 KM…

His Excellency President Felix Tshisekedi of the Democratic Republic of Congo (DRC) and His Excellency President Hakainde Hichilema of the Republic of Zambia (Zambia) united to break ground at the future bridge site on the Luapula River. This marks a historic milestone in the Kasomeno-Mwenda Toll Road Project, the largest single private infrastructure investment from Europe into Africa by the… Read full details

Kibali, has successfully completed 7 out of the 11 projects specified, with a total estimated cost of $8.9 million to be disbursed in the next 5yrs…

The mining operator, Kibali, has successfully completed 7 out of the 11 projects specified, with a total estimated cost of $8.9 million to be disbursed over the next five years. Mark Bristow, President and CEO of Barrick, made this announcement during the final press conference of 2023 on October 5th. Bristow emphasized the transformative impact of responsible mining on the economies of… Read full details

• DRC Companies Urged to Collaborate with ARSP in Subcontracting
• Lualaba Province Contributes to Nearly 60% of DRC’s Mining Revenues
• Sibanye-Stillwater Ceo Neal Froneman Named Chair of World Gold Council
• Panama to Withdraw Proposed Contract for Canadian Miner FQM’s Unit

Zambian police have made a breakthrough and arrested a total of 20 individuals linked to the illicit extraction of suspected Sugilite ore.…

In a significant operation in Mansa district of Luapula Province, the local Zambian police have made a breakthrough in combating illegal mining activities. Acting on intelligence information, law enforcement agents apprehended a total of 20 individuals linked to the illicit extraction of suspected Sugilite ore. The operation, which took place on October 3, 2023, between 17:00 and 22:00 hours, saw the impoundment… Read full details