CKM NEWSLETTER 15-05-2023

DRC to dominate the global cobalt market until 2030…

In 2022 alone, the Democratic Republic of the Congo produced 115,371 tonnes of cobalt, more than two-thirds of global production. This importance of the DRC in the world supply of the green metal will have to continue until 2030, according to the projections of the Cobalt Institute, in its report of the year 2022 relating to the state of the world market. According to expert projections, the DRC… Read full details

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• Ivanhoe’s 100% Off-Take of Kipushi’s Zinc Concentrate, with US$250 Million Facility Supported by Glencore
• Kamoto Copper Company Reports Progress of Local Entrepreneurship Program
• Angola Inaugurates Buco Zau Gold Project
• First Stone Laid in Angola to Commence the Tetelo Mine Project
• CNPAV Requests Meeting with Dan Gertler on DRC-Ventora Agreement
• Sibanye-Stillwater Initiates Construction of Keliber Lithium Refinery
• Accelovant Deploys Fiber-Optic Temperature Sensors at Kansanshi Mining Plc

• DRC in Talks with Uganda on Using Planned Oil Pipeline for Export
• DRC’s President Advocates Transparency and Fund Security Through the Reactivation of Fomin
• The Current State of Health and Safety in South Africa’s Mining Industry
• Strategies to Reduce Downtime in Mining Operations

• Accelovant Deploys Fiber-Optic Temperature Sensors at Kansanshi Mining Plc
• Imren Battery Introduces Eve Lf105 Lithium-Iron Phosphate (Lfp) Prismatic Cells for Diverse Energy Storage
• Angola Inaugurates Buco Zau Gold Project

African is currently capturing only about 40 percent of the revenue they could potentially derive from it’s abundant natural resources …

According to a recent World Bank report titled “Africa’s Resource Future,” released on Friday 12th May, African countries are currently capturing only about 40 percent of the revenue they could potentially derive from their abundant natural resources. This situation is exacerbated by slow economic growth and high levels of debt. However, by adopting a better policy mix, implementing reforms… Read full details

The DRC President visits the world’s leading diamond producer in value and volume…

Small in size, but Botswana is a major mining country, the world’s leading diamond producer in value and volume ahead of Russia. With a GDP of 7000 usd per capita, Botswana owes its prosperity to the organization of the diamond sector, a reference economic model in Africa. It is with the aim of understanding the economic model of the country of Kethumile Masire and of soaking up the means of production… Read full details

A mine workers union has expressed concern over the desperate situation at Konkola Copper Mines (KCM) and Mopani Copper Mines (MCM) in Zambia,…

Zambia’s Ministry of Mines and Minerals Development Permanent Secretary, Dr. Hapenga Monty Kabeta, announced today 12th may that the Mining Cadastre Department has been facing a significant backlog of mining license applications. The backlog accumulated during an eight-month closure of the Cadastre Office, which aimed to review and streamline its operations, following its reopening in November 2022… Read full details

• Ivanhoe’s 100% Off-Take of Kipushi’s Zinc Concentrate, with US$250 Million Facility Supported by Glencore
• Kamoto Copper Company Reports Progress of Local Entrepreneurship Program
• Angola Inaugurates Buco Zau Gold Project
• First Stone Laid in Angola to Commence the Tetelo Mine Project

DRC Minister of Mines Antoinette N’samba Kalambayi is committed to fighting against mining fraud mainly in the gold sector…

The DRC Minister of Mines Antoinette N’samba Kalambayi is committed to fighting against mining fraud mainly in the gold sector in the Democratic Republic of Congo. While several sources report the link between the illegal exploitation of mining resources in the DRC and the activities of armed groups acting on behalf of certain neighboring countries, members of the International Conference on the Great… Read full details