CKM Newsletter 11-08-2025

Kansanshi Mine Renews Gold Supply Agreement with Bank of Zambia While Honoring $1 Billion Deal with Royal Gold…

Kansanshi Mining Plc, a subsidiary of First Quantum Minerals (FQM), has reaffirmed its commitment to strengthening Zambia’s gold reserves by renewing its Memorandum of Understanding (MoU) with the Bank of Zambia (BOZ) for the continued sale of gold dore. This milestone was marked by a formal signing ceremony held today, signaling the continuation of a strategic partnership that dates back to 2020…  Read full details

• Copper Tariff Exemption Reveals the U.S. Balancing Act Between Industry Protection and Energy Costs
• Barrick Gold Enhances Transparency with Tailings Disclosure Aligned to Global Standards
• Glencore Warns of Cobalt Stockpile Build-Up Amid Prolonged DRC Export Ban

• FQM Announces $1 Billion Gold Streaming Agreement with Royal Gold
• Namibia Advances Bid to Join Nuclear Suppliers Group Amid Growing Nuclear Ambitions
• Zambia’s ZANAMACA to Mobilise Small-Scale Miners for Compliance, Funding, and Market Access
• Zambia Urges Chiefs to Cut Consent Fees and Limit Cooperative Sizes to Attract Mining Investment
• FQM Kansanshi Develops New Grievance Management Procedure to Boost Transparency and Community Trust
• Bank of Zambia Delegation Visits FQM Trident Commends Responsible Mining Practices
• Kizito Pakabomba Bids Farewell as DRC Minister of Mines
• Zambia Rejects US Concerns Over Copper Mine Acid Spill
• Glencore Reports $5.4 Billion Half-Year EBITDA Amid Lower Coal Prices and Copper Output
• ZCCM-IH Appointed by Government to Lead Transformation of Zambia’s Gold Sector

From Engineer to Minister: Louis Watum Kabamba Takes Charge of DRC’s Strategic Mining Sector…

Louis Watum Kabamba has been appointed Minister of Mines of the Democratic Republic of Congo (DRC), replacing Kizito Pakabomba in the newly formed Suminwa II government. An engineer by training, a politician by choice, and a seasoned manager with over two decades in the mining industry, Watum brings a wealth of expertise to one of the country’s most strategic portfolios. Born on March 22, 1962, in…  Read full details

Konkola Copper Mines Sets Sights on 300,000-Tonne Annual Output by 2031 with KDMP Boost…

Konkola Copper Mines (KCM) has welcomed the directive from His Excellency, Republican President Hakainde Hichilema, to maintain and accelerate progress on the Konkola Deep Mining Project (KDMP), with the ambitious goal of achieving an annual copper production capacity of 300,000 tonnes by 2031. President Hichilema made these remarks during his visit to the KCM exhibition stand at the 2025 Agriculture and Commercial Show in Lusaka…  Read full details

DRC Partners with BGN Intl to Transform Mineral Trade, Promote Transparency, and Drive Local Development…

The Democratic Republic of Congo (DRC) has signed a landmark agreement this week with BGN International, the American arm of a global energy giant. This pioneering deal creates a one-stop platform for commercial and government buyers of DRC’s rich mineral resources, aiming to streamline extraction, sales, and supply chain governance. The DRC government emphasizes that the agreement will enhance… Read full details

• Zambia’s ZANAMACA to Mobilise Small-Scale Miners for Compliance, Funding, and Market Access
• Zambia Urges Chiefs to Cut Consent Fees and Limit Cooperative Sizes to Attract Mining Investment
• FQM Kansanshi Develops New Grievance Management Procedure to Boost Transparency and Community Trust
• Bank of Zambia Delegation Visits FQM Trident Commends Responsible Mining Practices

• Kizito Pakabomba Bids Farewell as DRC Minister of Mines
• Zambia Rejects US Concerns Over Copper Mine Acid Spill
• Glencore Reports $5.4 Billion Half-Year EBITDA Amid Lower Coal Prices and Copper Output
• Glencore Warns of Cobalt Stockpile Build-Up Amid Prolonged DRC Export Ban

• FQM Announces $1 Billion Gold Streaming Agreement with Royal Gold
• Namibia Advances Bid to Join Nuclear Suppliers Group Amid Growing Nuclear Ambitions
• Barrick Gold Enhances Transparency with Tailings Disclosure Aligned to Global Standards
• Copper Tariff Exemption Reveals the U.S. Balancing Act Between Industry Protection and Energy Costs
• ZCCM-IH Appointed by Government to Lead Transformation of Zambia’s Gold Sector
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Jubilee Metals Reports Strong Copper Growth in Zambia, Eyes 10,000t Boost in 2026 Amid Strategic Asset Expansion…

Diversified metals producer Jubilee Metals has announced substantial progress across its copper operations in Zambia, marking a critical milestone in its long-term copper expansion strategy. According to CEO Leon Coetzer, all essential assets are now in place to maintain momentum and drive sustainable growth. Jubilee’s Zambian strategy draws on the company’s extensive processing experience from… Read full details