CKM NEWSLETTER 15-04-2024

Electra Battery Materials has announced a pivotal agreement with Eurasian Resources Group (ERG) for a steady supply of 3,000 tonnes of Congolese cobalt…

In the race for the Democratic Republic of Congo’s (DRC) rich mineral resources, valued at a staggering $24 trillion, Electra Battery Materials has taken a significant stride. Recently, the company announced a pivotal agreement with Eurasian Resources Group (ERG) for a steady supply of Congolese cobalt. Under this arrangement, ERG, based in the DRC, will deliver 3,000 tonnes of cobalt hydroxide… Read full details

• Zambia’s Labour Minister Urges Safety Measures at Colum Coal Mine For Workers’ Health

• President Hichilema Inaugurates 60 Megawatt Solar Plant in Kitwe to Combat Energy Crisis

• Epiroc Zambia Announces Plans to Build a New Facility in Chingola
• President Hichilema Inaugurates 60 Megawatt Solar Plant in Kitwe to Combat Energy Crisis
• ARSP and CMOC Forge Agreement to Boost Congolese Participation in Tenke Fungurume Mining Value Chain
• Bemetals Reports Further Positive Copper Intervals From 2023
• Transparency Concerns Arise Over Zesco’s $160m Debt Write-Off to Maamba Collieries Limited
• President Hichilema Commemorates Successful Rehabilitation of Chingola-Kasumbalesa Road
• Eurasian Resources Group Inks Mou to Supply Cobalt to Japanese Market with Mechema and Marubeni

• Vuka Group: First DRC Female Prime Minister“Momentous Occasion for DRC’s Coming-Of-Age Journey”
• Zambia’s Govt Urges Public Support for Mopani Copper Mines Revitalization
• Sibanye-Stillwater Appoints Philippe Boisseau as Independent Non-Executive Director
• Lucapa Diamond Company Appoints Stuart Brown as Chairman of the Board
• FQM Addresses Environmental Risks at Cobre Panam Mine
• Zambia’s Labour Minister Urges Safety Measures at Colum Coal Mine For Workers’ Health
• Epiroc Zambia Announces Plans to Build a New Facility in Chingola

KoBold Metals Company will commence drilling activities at the Konkola West Copper Project in Zambia this month…

Mineral exploration startup KoBold Metals Company will commence drilling activities at the Konkola West Copper Project in Zambia this month. The company will assess deep copper mineralization within the main ore shale, which also hosts large-scale deposits and mining projects including the Konkola and Mingomba Mines. “The first drill site has been selected, the drill contract has been let, drill… Read full details

The world’s leading cobalt producer, is exploring options to boost the price of the battery metal, including the potential implementation of export quotas…

The Democratic Republic of Congo, the world’s leading cobalt producer, is exploring options to boost the price of the battery metal, including the potential implementation of export quotas. This move comes as cobalt prices have plummeted by two-thirds since mid-2022 due to an oversupply situation exacerbated by excessive production from Congo, which accounts for about 75% of global cobalt supply… Read full details

President Hakainde Hichilema inaugurated the dewatering of Shaft 28 at Luanshya Copper Mines last week, marking a significant step towards revitalizing Zambia’s mining industry…

In a landmark event, President Hakainde Hichilema inaugurated the dewatering of Shaft 28 at Luanshya Copper Mines last week, marking a significant step towards revitalizing Zambia’s mining industry. The ambitious project, backed by a $500 million investment from China Non-Ferrous Metals Corporation (CNMC), promises to create over 3,000 jobs and inject new life into the region’s economy… Read full details

• Epiroc Zambia Announces Plans to Build a New Facility in Chingola
• President Hichilema Inaugurates 60 Megawatt Solar Plant in Kitwe to Combat Energy Crisis
• ARSP and CMOC Forge Agreement to Boost Congolese Participation in Tenke Fungurume Mining Value Chain
• Bemetals Reports Further Positive Copper Intervals From 2023
• Transparency Concerns Arise Over Zesco’s $160m Debt Write-Off to Maamba Collieries Limited
• President Hichilema Commemorates Successful Rehabilitation of Chingola-Kasumbalesa Road
• Eurasian Resources Group Inks Mou to Supply Cobalt to Japanese Market with Mechema and Marubeni
• Vuka Group: First DRC Female Prime Minister“Momentous Occasion for DRC’s Coming-Of-Age Journey”

The United States Institute of Peace (USIP) has identified the Democratic Republic of Congo (DRC) as a pivotal “solution country” to address China’s significant strides in African mining…

The United States Institute of Peace (USIP) has identified the Democratic Republic of Congo (DRC) as a pivotal “solution country” to address China’s significant strides in African mining. In a recent report, USIP urges Washington to engage in robust commercial diplomacy, focusing on forging partnerships centered around critical minerals in Africa. With the DRC being the world’s leading cobalt supplier…Read full details