CKM NEWSLETTER 23-05-2022

Jubilee Metals Group PLC, has provided a performance update of its new and expanded fully integrated operations in Africa

Jubilee Metals Group PLC, a leader in metals processing with operations in Africa has provided a performance update of its new and expanded fully integrated South African Inyoni PGM and Chrome Operations and its Zambian Southern Copper Strategy. This new and significantly enlarged operational footprint follows a R 786 million investment programme implemented over the past 12 months… Read full details

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• DRC Minister, African Energy Chamber Meet in Luanda, Pledge to Work Together to Secure Investment in DRC Energy

• Africa’s Domestic Mining Sector Not Severely Impacted by Sanctions Against Russia 
• ZESCO Advances Green Drive – Zambia
• Reforming Zambia’s Mines Needs Regional Partners, Improved Domestic Operating Environment
• Zambia and Namibian Govt to Sign Mou for Gas, Oil Pipeline Construction
• Download the Latest CKM Emagazine | May-June 2022 Edition (5.3 MB Pdf File Size)
• Electric Vehicles Surpass Phones as Top Driver of Cobalt Demand

The DRC has formalized a partnership with AJN Resources with a view to the creation of the company “CONGO RESSOURCES”

Anxious to enhance and promote its mining assets, the Government of the Democratic Republic of Congo through the Ministry of Portfolio has formalized a partnership with AJN Resources with a view to the creation of the company “CONGO RESSOURCES”. This in accordance with the orientations and options raised during the 49th meeting of the Council of Ministers held under the leadership of the… Read full details

Galileo Resources has announced positive exploration progress at its Luansobe copper project, in Zambia

Aim-listed Galileo Resources has announced positive exploration progress at its Luansobe copper project, in Zambia. The project is situated on the Zambian copper belt, where Galileo holds a 75% interest in a small-scale exploration licence. So far, portable X-ray fluorescence (pXRF) spectroscopy testing of the historic drill core, which was subject to full assay checking, has provisionally… Read full details

The DRC recorded losses estimated at 2.630 billion US dollars following transactions around mining titles

The public treasury of the Democratic Republic of Congo (DRC) recorded losses estimated at 2.630 billion US dollars following transactions around mining titles that the Société Générale des Carrières et des Mines (GÉCAMINES) sold to Metalkol for a amount of 60 million US dollars (USD). In its report entitled “ Gécamines, what does over-the-counter hide? “, the Coalition for the Governance of Public Enterprises (COGEP)… Read full details

• Africa’s Domestic Mining Sector Not Severely Impacted by Sanctions Against Russia 
• ZESCO Advances Green Drive – Zambia
• Zambia and Namibian Govt to Sign Mou for Gas, Oil Pipeline Construction
• Download the Latest CKM Emagazine | May-June 2022 Edition (5.3 MB Pdf File Size)

The NWPCCI has welcomed First Quantum Minerals’ US$1.35 billion investment package

The North-Western Province Chamber of Commerce and Industry (NWPCCI) has welcomed First Quantum Minerals’ US$1.35 billion investment package in two new projects in the province, and says its members are ready to capitalise on the opportunities. The mining firm recently approved plans to invest US$1.25 billion in its expansion of Kansanshi’s operations in Solwezi – known as the ‘S3’ project… Read full article

DRC Minister of Industry presents the project to install a pilot plant for electric battery precursors in Lubumbashi

The Democratic Republic of Congo was represented by the Minister of Industry Julien Paluku, at the conference on cobalt organized on Tuesday by the firm Cobalt Institute in Zurich, Switzerland. In his speech to Swiss investors, the Congolese minister presented the ongoing project to install a pilot plant for electric battery precursors in Lubumbashi, in the province of Haut-Katanga… Read full details