CKM NEWSLETTER 15-11-2021

DRC Plans to Have Mineral Raw Materials Processed Locally

The Deputy Prime Minister of the Democratic Republic of Congo (DRC) has told Swiss delegates at the COP26 climate conference in Glasgow that her country will no longer accept the export of its raw materials, notably cobalt, by commodities giant Glencore “The raw materials belong to us,” said Eve Bazaiba, who is also the DRC’s environment minister, in an interview… Read full article

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• Eve Bazaïba Calls for Realistic Compensation for DRC’s Strategic Minerals
• Cyrille Mutombo: “The Demolition of Anarchic Constructions Within Kibali Carried out in Accordance with the Standards”
• Team Caterpillar Develops First Fully Autonomous Water Truck

• Workers Report “Colonial–Era” Abuse at a Congolese Cobalt Mines
• Alphamin Progresses DRC Exploration, Identifies Cassiterite Intercepts at Mpama North
• The Creation of a Gold Refinery and a Gold Bank by a Turkish Firm on Cards in The Drc
• Newmont Mining Forms Net-Zero Partnership With Caterpillar
• Gold Nears 5-Month Peak as Inflation Worries Boost Appeal
• Johnson Matthey Exits Battery Materials Business a Blow to Europe
• How Robots and Automated Equipment are Mining the Future
• How Mining Electrification Will Impact Mine Safety and Machinery
• Asante Gold to Start Producing at Bibiani in 2022

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Kamoa Kakula continues to be on schedule

Mark Farren, CEO of Kamoa Copper S.A., in June 2020, he commented that the mine development was on track despite the challenges posed by mitigating the threat of the COVID-19 pandemic, with the underground workings some 5.1km ahead of schedule. The mine had also just achieved its fifth consecutive monthly progress record. Reconnecting with Mr Farren just over a year later… Read full article

Tesla has agreed to buy 45GWh of lithium batteries for it Model 3 and Model Y EVs

Citing a post by 36kr, Chinese website CnEVPost says Tesla has agreed to buy 45 GWh of lithium-iron-phosphate batteries from CATL to meet its expected demand for the Model 3 and Model Y in 2022. The Model 3 and Model Y are currently available with LFP batteries in their standard range versions, with the former having a 55 kWh battery and the latter a 60 kWh battery. The purchase will be enough… Read full article

Largest Emerald Ever, Found at Gemfields’ Zambian Mine

Africa-focused Gemfields  has found the largest emerald ever mined at its Kagem mine in Zambia — a 7,525-carat (1,505g) gemstone named Chipembele, which means “rhino” in the local dialect of Bemba. While no official record exists, it is extremely unusual to encounter a gemstone weighing more than 1,000 carats and only a couple of dozen unique enough to deserve their own name. The last time… Read full article

• Eve Bazaïba Calls for Realistic Compensation for DRC’s Strategic Minerals
• Congo Lawmakers Tell Barrick to Secure Mine Perimeter After Deadly Protest
• Alphamin Progresses DRC Exploration, Identifies Cassiterite Intercepts at Mpama North
• The Creation of a Gold Refinery and a Gold Bank by a Turkish Firm on Cards in The DRC

Christopher Sheppard, Konkola Copper Mines Boss Retires

KONKOLA Copper Mines (KCM) has announced that its chief executive officer Christopher Sheppard has retired and will be leaving the company on November 12, 2021. In a statement, Tuesday, KCM provisional liquidator Milingo Lungu said Enock Mponda had been appointed as acting CEO and would also act as CEO for KCM SmelterCo Limited while Moses Chilambe had been appointed to act as CEO for Konkola Mineral Resources Limited (KMRL)…  Read full article

The DRC’s  Minister of Hydrocarbons, Pledges to Support Investment in the Oil Sector.

The DRC’s  Minister of Hydrocarbons, Mr Didier Budimbu, took part from November 10 to 11, 2021 in the 27th edition of Africa Oil Week held in Dubai in the United Arab Emirates. The day before the end of this meeting which brought together oil operators in particular, Didier Budimbu presented to Madinat Jumeirah (part of this meeting) the investment opportunities offered by the Democratic Republic of Congo… Read full article

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• Eve Bazaïba Calls for Realistic Compensation for DRC’s Strategic Minerals
• Cyrille Mutombo: “The Demolition of Anarchic Constructions Within Kibali Carried out in Accordance with the Standards”