CKM NEWSLETTER 16-10-2023

Zambian Govt poised to make a decisive choice this month regarding the sale of Mopani Copper Mines…

The Zambian government is poised to make a decisive choice this month regarding the sale of Mopani Copper Mines, securing new investors for the assets acquired from Glencore in 2021, according to an insider familiar with the situation. The country’s Mines Minister, Paul Kabuswe, had initially set a target of selecting new investors for the struggling copper mines by the end of July… Read full details

• Primera Gold Identifies More Than 25,000 Artisanal Gold Diggers
• China’s Germanium Dominance Challenged by New DRC Plant
• DRC’s Manono Lithium Project Shows Strong PEA with $764m NPV and 87.4% IRR
• Deputy Prime Minister Visits Lubumbashi to Address Fuel Crisis
• Govt Shuts Down Kabwe Mining Plant for Environmental Violations
• Zambia Nears MOU Signing for Debt Restructuring with Official Creditors

• ERG Africa’s Boss Mining and Subsidiaries Join Lualaba Mining Show
• ERG Inks Cobalt Supply Agreement with Leading US Battery Materials Producer
• DRC President Opens Kamoa Centre of Excellence

• Zimbabwe Launches Gold-Backed Zig Tokens to Combat Re-Dollarization Threat
• Caterpillar Validates Rajant Wireless Solution with CAT® Minestar™ Command for Hauling
• Mike Fraser Appointed Gold Fields CEO
• Anglo American and Mitsubishi Forge Partnership for Ethical Copper Value Chain

DRC Minister of Mines cancels the orders forfeiting the mining permits of the companies Boss Mining and COMIDE…

The Democratic Republic of Congo (DRC) has been the scene of significant developments in the mining sector, with the cancellation by the Minister of Mines of the orders forfeiting the mining permits of the companies Boss Mining and COMIDE, both members of the ERG group. JUSTICIA Asbl, an organization focused on the promotion and protection of human rights and development in the DRC, welcomes these… Read full details

An investment programme has been implemented to diversify and expand chrome, platinum group metal (PGM), copper and cobalt operations…

The technical team of the JSE AltX- and Aim-listed Jubilee Metals Group is innovating a waste leach circuit for the treatment of copper and cobalt tailings, as part of its Northern Refining copper strategy in Zambia. The development phase has commenced with upscaled continuous pilot runs to confirm the “encouraging” results achieved to date, which was how Jubilee described them in an October 11… Read full details

This agreement paves the way for Critical Metals to sale a minimum of 20,000 tons of copper oxide ore originating from its flagship project, the Molulu copper/cobalt venture…

Critical Metals has recently finalized an offtake agreement with OM Metal & Resources. This agreement paves the way for the sale of a minimum of 20,000 tons of copper oxide ore originating from its flagship project, the Molulu copper/cobalt venture, situated in the Democratic Republic of Congo (DRC). The agreement is valid from October 4 to December 31 and can be renewed upon mutual agreement by… Read full details

• Primera Gold Identifies More Than 25,000 Artisanal Gold Diggers
• DRC’s Manono Lithium Project Shows Strong PEA with $764m NPV and 87.4% IRR
• Deputy Prime Minister Visits Lubumbashi to Address Fuel Crisis
• Govt Shuts Down Kabwe Mining Plant for Environmental Violations

Investing in key sectors such as the maintenance of heavy machinery offers young Congolese the means to develop relevant skills and access the job market…

The United Nations Industrial Development Organization (UNIDO), in collaboration with the Government of the Democratic Republic of Congo, the Government of Sweden, as well as the companies Volvo Group and Epiroc, jointly launched the Training Support Project and Skilled Employment (PAFEQ) during a ceremony held at the National Institute of Professional Preparation (INPP) in Lubumbashi… Read full details