CKM NEWSLETTER 10-07-2023

KoBold Metals has emerged as a key player in catalyzing investments in critical minerals supply chain…

In a significant move towards building transparent, secure, and sustainable critical-mineral supply chains, KoBold Metals has emerged as a key player in catalyzing investments in strategic projects. The United States Ambassador to Zambia, His Excellency Michael Gonzales, commended KoBold’s efforts and emphasized the pivotal role such initiatives play in driving the energy transition and fostering… Read full details

• DRC to Benefit as China Curbs Germanium Exports
• Zambia’s Mines Minister Close to Finalizing Deal with Vedanta Resources
• FQM’s Kansanshi Mine Hands Over K1.2m in Cheques to Six Solwezi Cooperatives
• De Beers Renews Diamond Sales Deal with Botswana
• DRC: Gertler’s Legal Action Continues Against Mputu and Resource Matters
• The DRC Produced 21,170 Tons of Cobalt in the 1st Quarter of 2023
• US Agency Concludes Assessment of Lobito Corridor

• Kibali Set to Roll Out New 10-Year Plan on Back of Production Ramp-Up and Reserve Replacement
• Great Future Beckons for Lumwana as Barrick Unlocks Potential
• Metso Awarded Contract to Supply Processing Equipment for FQMs’ Kansanshi Copper Mine Expansion
• Presidents of Zambia and DRC Meet in Benguela

• US Agency Concludes Assessment of Lobito Corridor
• Zambia’s Mines Minister Close to Finalizing Deal with Vedanta Resources

The mining industry in the Democratic Republic of Congo produced 595,142.92 tonnes of copper in the first quarter of 2023…

The mining industry in the Democratic Republic of Congo produced 595,142.92 tonnes of copper in the first quarter of 2023, according to the Ministry of Mines. Of the 595,142.92 tonnes of copper produced, mainly in the provinces of Haut-Katanga and Lualaba, 555,217.98 tonnes were exported from the Democratic Republic of Congo. Recall that in 2022, the Democratic Republic of the Congo produced more… Read full details

Barrick Gold seeks to expand its presence on the African copperbelt, its CEO said…

Barrick Gold is keen to explore for more copper deposits in Zambia and Democratic Republic of Congo as the miner seeks to expand its presence on the African copperbelt, its CEO said on Friday. The world’s No. 2 gold miner wants to explore for deposits of the metal in southern parts of Congo, while expanding and extending the life of its Lumwana mine in Zambia, CEO Mark Bristow said… Read full details

Zambian consul in Moxico highlights the importance of the Lobito Corridor for Zambia’s economic development…

The Zambian consul in Moxico highlights the importance of the Lobito Corridor for Zambia’s economic development. He also mentions that Zambia plans to purchase new locomotives to improve passenger comfort and goods transportation. The consul expresses confidence in Angola’s political stability and security. Regarding the official transfer of the concession of rail services and logistics support… Read full details

• Kibali Set to Roll Out New 10-Year Plan on Back of Production Ramp-Up and Reserve Replacement
• Great Future Beckons for Lumwana as Barrick Unlocks Potential
• Metso Awarded Contract to Supply Processing Equipment for FQMs’ Kansanshi Copper Mine Expansion
• Presidents of Zambia and DRC Meet in Benguela

President Hakainde Hichilema took decisive action and dismissed Derrick Chilundika…

President Hakainde Hichilema took decisive action on Wednesday, July 5th, by dismissing Derrick Chilundika, the former minister of Luapula Province, for engaging in unauthorized mining activities involving sugilite, a valuable newly discovered mineral in the country. State House in Lusaka, issued a statement announcing Chilundika’s dismissal. Although the statement did not specify the reason for… Read full details