CKM NEWSLETTER 12-09-2022

Kamoa Copper floated 34,408 tonnes of copper, a monthly record…

During the month of August, Kamoa Copper milled 686,217 tonnes of ore at an average feed grade of 5.8% copper, equivalent to an annualized processing rate of approximately 8.2 million tonnes for Phase 1 and 2. Kamoa Copper floated 34,408 tonnes of copper, a monthly record, and produced 31,150 tonnes of filtered copper in concentrate for sale. The floated copper production for the month is equivalent… Read full details

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• Copper Holds Above USD 8,000 Per Ton During this Week of September 5-10, 2022 (Mercuriales)
• On the Rise, Cobalt Exceeded the Bar of 50,000 USD Per Tonne this Week
• Ivanhoe Mines Reports Fatality at the Kamoa-Kakula Mining Complex
• It’s Not as Simple as ‘Plug ‘N’ Play’ for BEVS: New Risks for Mine Operations
• Over 75% of Gold Mining Sites in Ituri are Controlled by Armed Groups, Worth Millions of US Dollars (Civil Society Report)
• The Five Recommendations of the Civil Society of Ituri and Haut-Uélé Against Illegal Mining in the DRC

• Banking Activity in the DRC is One of The Weakest in the Region, According to the IMF
• DRC: Félix Tshisekedi Raises George Arthur Forrest to the Rank of “Grand Cordon” in The National Order of Kabila-Lumumba National Heroes
• FEC Calls for the Abolition of 14 Levies and the Reduction of The Rate of Import-Export Levies, as Decided by the DRC Council Of Ministers

The measures we might expect to see introduced to drive continued economic growth…

As is Zambian tradition, ahead of the annual Budget announcement by the Zambian Minister of Finance, Mining For Zambia spoke to celebrated Zambian economist, Professor Oliver Saasa, to ask him about the measures we might expect to see introduced in order to drive continued economic growth, one year since the ‘New Dawn Government’ took the helm. Ahead of the announcement of the 2022 Budget in October 2021, much of… Read full details

The monitoring and remediation system for child labor in mines…

The DRC Minister of Mines, Antoinette N’Samba Kalambayi, opened Thursday, September 08, 2022, in the conference room of the Ministry of Foreign Affairs, a workshop to present the monitoring and remediation system for child labor in mines. This workshop, which brought together experts, technical and financial partners, will enable participants to strengthen strategies and tools to fight against child labor… Read full details

Mine rehabilitation program at FQM Trident Limited have reached an advanced stage…

Preparations for the 2022/2023 mine rehabilitation program at FQM Trident Limited have reached an advanced stage. The Environmental Department has made good progress in stockpiling topsoil, procurement of grass seeds, raising indigenous tree seedlings and re-enforcement of tools and equipment for a successful wet season of grass and tree planting. Kachiwala Sapalo, FQM Trident Environmental Manager… Read full details

• Banking Activity in the DRC is One of The Weakest in the Region, According to the IMF
• DRC: Félix Tshisekedi Raises George Arthur Forrest to the Rank of “Grand Cordon” in The National Order of Kabila-Lumumba National Heroes
• FEC Calls for the Abolition of 14 Levies and the Reduction of The Rate of Import-Export Levies, as Decided by the DRC Council Of Ministers

Tenke Fungurume Mining denies accusations by Southern African Resources Watch (SARW) of possible environmental pollution…

The mining company Tenke Fungurume Mining (TFM) has denied accusations by the NGO Southern African Resources Watch (SARW) of possible environmental pollution in the village of Kabombwa in Lualaba province. This mining company made this known through a correspondence this Wednesday, September 7, 2022. In this press release, TFM said it learned with “dismay” of the “accidental pollution” accusations… Read full details

Provincial divisions must show moral probity in the exercise of their functions…

The Minister of Mines Antoinette ‘Samba Kalambayi urged the executives, particularly the heads of the provincial divisions of her ministry to show moral probity in the exercise of their functions, in a speech delivered last Friday at the ceremony of closing of the capacity building seminar for heads of provincial mining and geology divisions, within the grounds of the Saint Pierre Claver hotel in… Read full details