CKM NEWSLETTER 21-08-2023

Kamoa Copper has signed a memorandum of understanding (MOU) with Lobito Atlantic International SARL for movement of concentrate through Lobito corridor….

Kamoa Copper S.A. (Kamoa Copper) has signed a memorandum of understanding (MOU) with Lobito Atlantic International SARL (“LAI”, or the “Consortium”), for the transportation of Kamoa-Kakula’s copper concentrate by rail to the Atlantic Ocean port of Lobito in Angola. The rail line linking the DRC Copperbelt to the port of Lobito, Angola is known as the “Lobito Atlantic Railway Corridor”… Read full details

• Barrick Chief Slams ‘Myopic’ Western Funds for Focusing on Quick Returns
• DRC Copper Slips Slightly to $8,570.35/Tonne in August’s First Week 2023
• Copper Drifts Lower as Concern About China Saps Confidence
• ERG Africa Signs Community Development Plan Agreement at Comide in the DRC
• Goldplat Looks forward to Improved 2024 Performance After Another Difficult Quarter
• Kagem Donates Furniture to Masasa Combined School 

Lobito Corridor to Transport 10,000 Tons of Copper from DRC

Multi Billion Pula Motheo Copper Mine Officially Open

Mali Passes New Mining Law That Strengthens State Interests

• DRC Strives to Harness Mining Royalties for the Benefit of Genocide Victims
• Anglogold Ashanti Shareholders Approve South Africa Exit
• BRICS Leaders Meet in South Africa to Counter Western Influence and Discuss Alliance Expansion
• Copper Drifts Lower as Concern About China Saps Confidence

Jubilee Metals has appointed Neal Reynolds as the new CFO andalso selected Ricus Grimbreek to head up their efforts in energy-related metals…

Jubilee Metals Group PLC announced on Monday that they’ve chosen Neal Reynolds as the new finance leader, starting on October 1. They’ve also selected Ricus Grimbreek to head up their efforts in energy-related metals. The company, which is based in London and deals with metal processing, mentioned that Pedja Kovacevic, who is currently the temporary finance leader, will continue to handle the… Read full details

Mr. Nigel Ferguson, CEO of AVZ Minerals, Mr. Landry Meya, and others conducted a courtesy visit to the Mining Cadastre (CAMI) HQ in the DRC…

On August 15, 2023, a delegation from AVZ Minerals conducted a courtesy visit to the Mining Cadastre (CAMI) headquarters, where they were warmly received by the Director-General, Mr. Paul Mabolia, and the Deputy Director-General, Mr. Jacques Muyumba. This visit had a dual purpose. Firstly, it aimed to extend greetings on behalf of AVZ Minerals to the newly installed management committee, and simultaneously, to discuss… Read the full Article

Midnight Sun Mining says drilling at Mitu Trend at Solwezi project confirms high-grade intercepts…

Midnight Sun Mining says drilling at Mitu Trend at Solwezi project confirms high-grade intercepts. Midnight Sun focuses on the exploration and discovery of world class copper deposits in the prolific Zambian-Congo Copperbelt. Midnight Sun’s Solwezi mineral exploration licenses in Zambia are located directly adjacent to the largest copper mine in Africa – First Quantum Minerals’ Kansanshi copper/gold mine… Read full details

• Lobito Corridor to Transport 10,000 Tons of Copper from DRC
• Multi Billion Pula Motheo Copper Mine Officially Open
  
• Barrick Chief Slams ‘Myopic’ Western Funds for Focusing on Quick Returns
• Goldplat Looks forward to Improved 2024 Performance After Another Difficult Quarter

Japan plans to extend $1.5 billion to the DRC, to facilitate accurate assessment of underground resources through the exploration…

The Japanese government has outlined plans to extend substantial financial assistance totalling $1.5 billion to the Democratic Republic of Congo (DRC), aimed at facilitating an accurate assessment of its underground resources through the exploration of diverse deposits. This significant development was unveiled on August 10, 2023, during a productive dialogue involving Godard Motema, the Vice-Minister of Mines for the DRC … Read full details