CKM NEWSLETTER 24-03-2025

The spill has alarmed Zambian authorities, President Hakainde Hichilema has described the situation as a crisis threatening both people and wildlife along the Kafue…

A massive waste spill from a Chinese-owned copper mine in Zambia has raised serious environmental and health concerns, with authorities fearing long-term damage to the Kafue River, the country’s most vital waterway. According to an investigation by the Engineering Institution of Zambia, approximately 50 million litres of waste—containing concentrated acid, dissolved solids, and heavy metals—spilled…  Read full details

• Congo’s Copper and Cobalt Export Suspension Impacts Prices
• Tshisekedi and Kagame Hold Landmark Talks in Doha Amid Escalating DRC Conflict
• MMG Suspends Cobalt Processing at Kinsevere Amid Price Slump
• Chairman of Zijin Mining, Departs as a Director of Ivanhoe’s Board
• Ivanhoe Mines Reports Strong Copper and Zinc Production in the First Two Months of 2025
• KoBold Metals Eyes Major Lithium Project in the DRC Amid Legal Dispute
• Chemaf Scraps Norin Mining Deal Amid US-China Mineral Tensions

• Trump Announces Measures to Boost U.S. Mineral Production Amid Security Concerns
• DRC Signs €150 Million Energy Deal with Germany’s Gauff Engineering
• EU Sanctions Rwanda Over Alleged Role in DRC Conflict and Mineral Smuggling
• Angola Warns Gold Miners in Cabinda Over Non-Compliance
• TAGS & Sodiam Sell $15.4M in Rough Diamonds at 2025 Luanda Tender
• WWF Zambia Urges Nationwide Tailings Dam Audit After Kafue River Pollution
• Xtract Resources Launches Diamond Drilling at Silverking Copper Project in Zambia
• Zijin Mining Reports 52% Profit Surge Amid Strong Copper and Gold Prices

• Panama Awaits Formal Notice on First Quantum’s Arbitration Suspension
• Francophone Ambassadors Urge Ceasefire and Dialogue Amid Deteriorating Security in DRC
• Saudi Arabia Grants Mining Exploration Leases to Vedanta, Zijin, and Hancock

The next edition, the May – June 2025 edition will be distributed massively at the DRC Mining Week 2025 in Lubambashi, DRC and the CAMINEX Expo 2025 in Kitwe, Zambia…

The CKM eMagazine is massively distributed digitally reaching top decision makers in all the mining houses in Zambia and the DRC. We have over 137,000 followers on LinkedIn with over 79,000 CKM Newsletter subscribers with over 1,000,000 organic impressions per month. The next edition, the May – June 2025 edition will be distributed massively at the DRC Mining Week 2025 in Lubambashi, DRC and the CAMINEX Expo 2025 in Kitwe, Zambia. Don’t miss out to expose your brands, products and services at these two events…  Read full details

“Mining is a cyclical industry, and accurately understanding market cycles is key to successful expansion,” the company stated in its earnings report…

China’s CMOC Group Ltd., the world’s largest cobalt producer, reported record earnings in 2024, driven by increased production, higher sales, and rising copper prices. The company’s net income surged 64% to 13.5 billion yuan ($1.9 billion), surpassing analysts’ estimates of 12.3 billion yuan. Revenue rose 14% to 213 billion yuan, also exceeding forecasts. CMOC attributed its strong performance to…  Read full details

The Mozambique-Zambia Power Interconnector, at approximately USD 500 million, to establish a high-voltage transmission line connecting Chipata West (Zambia) to Matambo Substation (Mozambique)…

Zambia and Mozambique have taken a significant step toward strengthening regional energy cooperation with the signing of two Memoranda of Understanding (MoUs) aimed at enhancing power trade and improving infrastructure development between the two nations. The agreements, formalized during the 2025 Zambia International Mining and Energy Conference (ZIMEC), include an Inter-Governmental Memorandum… Read full details

• Congo’s Copper and Cobalt Export Suspension Impacts Prices
• Tshisekedi and Kagame Hold Landmark Talks in Doha Amid Escalating DRC Conflict
• MMG Suspends Cobalt Processing at Kinsevere Amid Price Slump
• Chairman of Zijin Mining, Departs as a Director of Ivanhoe’s Board
• Ivanhoe Mines Reports Strong Copper and Zinc Production in the First Two Months of 2025
• KoBold Metals Eyes Major Lithium Project in the DRC Amid Legal Dispute
• Chemaf Scraps Norin Mining Deal Amid US-China Mineral Tensions
• Saudi Arabia Grants Mining Exploration Leases to Vedanta, Zijin, and Hancock
• Panama Awaits Formal Notice on First Quantum’s Arbitration Suspension
  

• DRC Signs €150 Million Energy Deal with Germany’s Gauff Engineering
• EU Sanctions Rwanda Over Alleged Role in DRC Conflict and Mineral Smuggling
• Angola Warns Gold Miners in Cabinda Over Non-Compliance
• TAGS & Sodiam Sell $15.4M in Rough Diamonds at 2025 Luanda Tender
• WWF Zambia Urges Nationwide Tailings Dam Audit After Kafue River Pollution
• Xtract Resources Launches Diamond Drilling at Silverking Copper Project in Zambia
• Zijin Mining Reports 52% Profit Surge Amid Strong Copper and Gold Prices

Following a four-month suspension of cobalt exports, the DRC—holder of 75% of the world’s cobalt reserves—is determined to manage its supply effectively…

The Democratic Republic of Congo (DRC) has announced a partnership with Indonesia to strengthen its control over cobalt supply on the international market. The decision, made by the Economic Situation Committee, was officially presented by Prime Minister Judith Suminwa Tuluka during the 35th Council of Ministers meeting on March 14, 2025. Following a four-month suspension of cobalt exports… Read full details