CKM NEWSLETTER 22-04-2024

Abu Dhabi’s International Resources Holding (IRH, is aiming to secure a controlling interest in Vedanta Resources’ Zambian copper…

Abu Dhabi’s International Resources Holding (IRH), backed by the UAE’s prominent conglomerate, is aiming to secure a controlling interest in Vedanta Resources’ Zambian copper assets, signaling a strategic move to strengthen its position in Africa’s copper mining sector. Sources familiar with the matter revealed to Reuters that IRH, a subsidiary of International Holding Company, has proposed a deal… Read full details

• Trafigura Ceo Says Copper Must Surpass $10,000 To Meet Demand

• President Hichilema’s Initiative Receives Praise for Luanshya Copper Mine Revival

• Jubilee Metals Achieves Record Chrome Production

• Lualaba’s Manomapia Endures Toxic Gas from New 30k Factory Linked to TFM
• Residents of Kinsenda Confront Ecological Disaster Caused by Mining Activities
• Mopani Copper Mines Transaction Falls Outside Article 210 of Zambia’s Constitution
• FEC Challenges ARSP’s Recommended Selection of Subcontractors for Tenke Fungurume Mining
• Ivanhoe Mines Publishes 7th Annual Sustainability Report
• Debswana Appoints Keene Nkoane as First Female Engineering Manager
• African Pioneer Provides Exploration Update on Zambia Licences
• Gold Surges Amid Escalating Tensions in Middle East
• Zambia’s Power Utility Declares Force Majeure on Mines’ Electricity Supply

• Kindu Airport Authorities Intercept Three Bags of Stolen Copper Cables from Snel
• Gemfields Auction Yields USD 17.1 Million in Commercial-Quality Emeralds
• ZCCM Investments Holdings Plc Releases Abridged Provisional Unaudited Financial Statements for 2023

La Compagnie Mini re de Musonoie (COMMUS) project, a key copper and cobalt mine operated by Zijin Mining Group Ltd has been suspended…

Recent developments have led to the suspension of operations at the La Compagnie Mini re de Musonoie (COMMUS) project, a key copper and cobalt mine operated by Zijin Mining Group Ltd. in the Democratic Republic of Congo (DRC). Reports indicate concerns over elevated radiation levels in the cobalt extracted from the mine. Sources familiar with the situation revealed that COMMUS has been non-operation… Read full details

Zambia and China commemorated the commencement of the dewatering process at the long-dormant Shaft 28, Luanshya Copper Mines…

Zambia and the People’s Republic of China commemorated the commencement of the dewatering process at the long-dormant Luanshya Copper Mines, affectionately known as Shaft 28, in a groundbreaking ceremony filled with jubilation and hope. This event, hailed as a significant milestone, signifies a new chapter in the enduring relationship between the two nations. President Hakainde Hichilema, speaking… Read full details

ARSP has uncovered a network of featured shareholders utilized by nine subcontracting companies operating within major mining contracts in Lualaba and Haut-Katanga provinces…

The Regulatory Authority for Subcontracting in the Private Sector (ARSP) has uncovered a network of featured shareholders utilized by nine subcontracting companies operating within major mining contracts in Lualaba and Haut-Katanga provinces. Led by Director General Miguel Kashal Katemb, this action follows a control mission in Greater Katanga, revealing egregious cases of pseudo-nominee practices… Read full details

• Lualaba’s Manomapia Endures Toxic Gas from New 30k Factory Linked to TFM
• Residents of Kinsenda Confront Ecological Disaster Caused by Mining Activities
• Mopani Copper Mines Transaction Falls Outside Article 210 of Zambia’s Constitution
• FEC Challenges ARSP’s Recommended Selection of Subcontractors for Tenke Fungurume Mining
• Ivanhoe Mines Publishes 7th Annual Sustainability Report
• Debswana Appoints Keene Nkoane as First Female Engineering Manager
• African Pioneer Provides Exploration Update on Zambia Licences
• Gold Surges Amid Escalating Tensions in Middle East

Rio Tinto, Manara Minerals, Mitsui and Sumitomo, are reportedly considering bids for a stake in First Quantum Minerals Ltd.’s Zambian copper mines…

Rio Tinto Group and Saudi Arabia’s Manara Minerals Investment Co., alongside Mitsui & Co. and Sumitomo Corp., are reportedly considering bids for a stake in First Quantum Minerals Ltd.’s Zambian copper mines, according to sources familiar with the matter. First Quantum, open to selling up to 30% of its Zambian assets, including the Sentinel and Kansanshi mines, has attracted interest from potential…Read full details