CKM NEWSLETTER 20-05-2024

This accord focuses on enhancing operations at the Kasumbalesa border, the second busiest land border within the SADC bloc…

The Democratic Republic of Congo (DRC) and Zambia have recently signed a pivotal border agreement aimed at facilitating smoother trade between the two nations. This accord focuses on enhancing operations at the Kasumbalesa border, the second busiest land border within the Southern African Development Community (SADC) bloc. A report by the East African highlights that this cooperation agreement… Read full details

• Epiroc Releases Fourth Generation of Titan Collision Avoidance System
• IMF Director Urges Europe to Pursue Bold Reforms for Sustainable Growth
• Rio Tinto CEO Jakob Stausholm Emphasizes Prudent Approach to Mergers and Acquisitions
• Angola to Link National Rail Corridors –Transport Minister
• Zambia’s Mining Industry Faces Scrutiny Over Exclusion of Local Truck Drivers
• BHP Shareholders See Room for One More Sweetened Anglo Bid
• Zijin Mining Increases Copper Output Targets Amid Soaring Prices

• US Official Accuses China’s CMOC of Predatory Pricing in Cobalt Market
• Huawei SA Ready to Receive the List of Subcontractors Recommended by the ARSP
• US Government Considers Easing Sanctions on Billionaire Dan Gertler in Exchange for Congo Exit
• Zambia’s Cabinet Approves Beira Development Corridor Agreement
• Anglo American to Sell De Beers Amid Industry Turmoil
• US Tariffs on Minerals Leave Out Markets that China Dominates
• Barrick’s Sustainability Strategy Delivers Real Value to Stakeholders

This milestone allows Tertiary Minerals to commence mineral exploration activities at the Mupala project…

Tertiary Minerals, an AIM-listed mineral exploration and development company, has secured approval for the environmental project brief (EPB) for its Mupala Copper Project in Zambia. This milestone allows Tertiary Minerals to commence mineral exploration activities at the Mupala project, following the approval granted by the Zambia Environmental Management Agency. The approval comes after obtaining… Read full details

The DRC is set to embark on an infrastructure project involving the construction of a 7,000 megawatt hydroelectric dam, an Aluminum foundry plant, an Aluminum refinery, and a Port terminal…

The Democratic Republic of Congo (DRC) is set to embark on an ambitious infrastructure project involving the construction of a 7,000 megawatt hydroelectric dam, an aluminum foundry plant, an aluminum refinery, and a port terminal. This development follows the signing of a memorandum of understanding between the Agency for the Development and Promotion of the Grand Inga Project (ADPI-RDC) and… Read full details

U.S.-Africa Business Summit in Dallas, Texas, announced a €381.5 million investment to upgrade Angola’s road network, focusing on the Lobito Corridor…

The U.S.-Africa Business Summit in Dallas, Texas, announced a €381.5 million investment to upgrade Angola’s road network, focusing on the Lobito Corridor. The Africa Finance Corporation (AFC) will contribute €85 million, with the rest funded by the Export-Import Bank of the U.S. and the U.S. Private Export Funding Corporation. Additional support comes from Standard Chartered Bank, Conduril, and… Read full details

• US Official Accuses China’s CMOC of Predatory Pricing in Cobalt Market
• Huawei SA Ready to Receive the List of Subcontractors Recommended by the ARSP
• US Government Considers Easing Sanctions on Billionaire Dan Gertler in Exchange for Congo Exit
• Epiroc Releases Fourth Generation of Titan Collision Avoidance System
• IMF Director Urges Europe to Pursue Bold Reforms for Sustainable Growth
• Rio Tinto CEO Jakob Stausholm Emphasizes Prudent Approach to Mergers and Acquisitions
• Angola to Link National Rail Corridors –Transport Minister
• BHP Shareholders See Room for One More Sweetened Anglo Bid

• Zambia’s Cabinet Approves Beira Development Corridor Agreement
• Anglo American to Sell De Beers Amid Industry Turmoil
• US Tariffs on Minerals Leave Out Markets that China Dominates
• Barrick’s Sustainability Strategy Delivers Real Value to Stakeholders
• Angola to Link National Rail Corridors –Transport Minister
• Zambia’s Mining Industry Faces Scrutiny Over Exclusion of Local Truck Drivers
• BHP Shareholders See Room for One More Sweetened Anglo Bid
• Zijin Mining Increases Copper Output Targets Amid Soaring Prices

Hon. Frank Tayali announced that negotiations to revitalize TAZARA are expected to conclude by September 2024…

Positive developments are underway for the Tanzania-Zambia Railway Authority (TAZARA). Zambian Transport and Logistics Minister Frank Tayali announced that negotiations to revitalize TAZARA are expected to conclude by September 2024. This milestone will pave the way for a concessionaire agreement with China Civil Engineering Construction Corporation (CCECC) to recapitalize the railway authority…Read full details