CKM NEWSLETTER 19-12-2022

Ivanhoe Mines has issued this response today to a misleading and sensationalist “report” from an activist organization based in the United States, called The Sentry (Sentry)…

Ivanhoe Mines has issued this response today to a misleading and sensationalist “report” from an activist organization based in the United States, called The Sentry (Sentry), and an associated article in the Canadian Globe and Mail newspaper. The Sentry report, and a subsequent story by Globe and Mail reporter Geoffrey York that was published on December 15, 2022, include incomplete, selective and… Read full details

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• US Completes $2.5 Billion Loan to GM and LG Battery Joint Venture
• Tender for Overall Project Process Analysis and KEP Project Consultancy Service at a Mine in the DRC 
• First Quantum Minerals Ordered to Suspend Operations at Cobre Panama Copper Mine
• “Battery-Grade” Lithium Trades at Nearly USD 85,000 Per ton
• Kobold Metals, ZCCM-IH, EMR Capital: investing in Clean Mineral Exploration
• Glencore Claims to Exceed 2 Billion USD in Terms of Tax Obligations in DRC in the Last 3 Years
• United Arab Emirates Signs a Partnership for Traceability in the DRC Artisanal Mining of 3t Ores
• ZCCM-IH Royalty Route- acceptable Under the Circumstances – Chibamba Kanyama
• Autonomous Mining Vehicle Developer Gets $38m to Fuel Expansion Plans
• Travel Diary of the DRC Minister of Mines in the Land of the Rising Sun Japan.

• Police Searched Ivanhoe Mines’ Vancouver office as Part of Swiss Bank Transfer investigation
• Goldman Says Commodities Will Gain 43% in 2023 as Supply Shortages Bite
• Sokimo Sources For 16 Million USD

• The Chinese Group CMOC Continues to Refute the Accusations of Underestimating TFM’s Copper Reserves

Zambian renowned economist Professor Oliver Saasa to shine a light on this ZCCM-IH and Kansanshi agreement…

ZCCM-IH’s recently announced decision to move from a dividend model to a revenue-sharing model has been both praised and criticised in the media but, concerningly, the rationale and details appear to be widely misunderstood. Mining For Zambia asked renowned economist Professor Oliver Saasa to shine a light on this agreement, which has been three years in the making. There has been a significant… Read full details

Mingomba copper-cobalt mine in Zambia, said to be the world’s highest-grade undeveloped large deposit of the orange metal…

KoBold Metals, a start-up backed by a coalition of billionaires including Bill Gates and Jeff Bezos, has committed $150 million to developing the Mingomba copper-cobalt mine in Zambia, said to be the world’s highest-grade undeveloped large deposit of the orange metal. The start-up, which has Gates’ Breakthrough Energy Ventures and the world’s top miner BHP (ASX:BHP) as shareholders, will use its a… Read full details

COMINIERE has asked the Ministry of Mines to postpone the decrees on the partial waiver of PR no. 13359…

COMINIERE SA, as a partner of DATHCOM and a State portfolio company, seized the Ministry of Mines on the 6th of the current month by its letter referenced CEM/DG/138/ckk/2022, accusing AVZ of having renounced part of PR13359 to transform it into PE13359. COMINIERE has asked the Ministry of Mines to postpone the decrees on the partial waiver of PR no. 13359. While brandishing the Dathcom Joint Venture… Read full details

• Police Searched Ivanhoe Mines’ Vancouver office as Part of Swiss Bank Transfer investigation
• First Quantum Minerals Ordered to Suspend Operations at Cobre Panama Copper Mine
• Kobold Metals, ZCCM-IH, EMR Capital: investing in Clean Mineral Exploration
• United Arab Emirates Signs a Partnership for Traceability in the DRC Artisanal Mining of 3t Ores

The Swiss firm said it will pay the Democratic Republic of Congo $180 million to settle all alleged corruption claims…

Zambia and DRC appended their signatures to an MOU on U.S. Assistance (Investments & Technologies) to develop the DRC-Zambia Electric Vehicle Battery Value Chain, further supporting the Minerals Security Partnership’s objectives said Secretary Antony Blinken. Does it mean a change of strategic partnership for the DRC, USA versus China? In order to build up that value… Read full details