CKM NEWSLETTER 25-03-2024

Hakainde Hichilema expressed deep appreciation for Mopani relaunch, emphasizing the meticulous negotiations with International Resource Holdings (IRH) of Abu Dhabi…

In a historic event for Kitwe, the Copperbelt, and Zambia’s mining sector, Mopani Copper Mines celebrated its revitalization, heralding a significant economic shift for the region and the nation. President Hakainde Hichilema expressed deep appreciation for the collaborative efforts that led to the relaunch, emphasizing the meticulous negotiations with International Resource Holdings (IRH) from Abu Dhabi… Read full details

• FQM Emphasises Transparency, Sustainability and Economic Contributions 
• DRC Central Bank Report Highlights Surge in Copper Prices and Oil Prices
• Zijin’s Dispute with AVZ Over Manono Project Stake Heads to DRC Court
• ZESCO Negotiates Increased Electricity Imports from Mozambique
• President Felix Tshisekedi Attends SADC Summit in Lusaka to Address DRC Security Issues

• AVZ International Prevails in ICC Case Against Jin Cheng Mining
• Mopani Copper Mines Handover Boosts Economic Hopes in Kitwe
• Zambia’s Govt Expects Mopani Handover to Boost Kwacha Stability
• Zambian Officials Advocate for Local Participation in Mining Supply Chains
• Revitalized Mopani Copper Mines Projected to Boost Employment And Economic Growth
• DRC to Invest $7 Billion From Chinese Contract Revisit in Road Infrastructure
• Revitalized Sino-Congolese Program Promises Rigorous Oversight and Expertise
• TFM Launches Asphalting Work on 2.3 Km of the Tenke Road
• Grizzly Mining’s Dubai Auction Showcases Strong Demand for Zambian Emeralds

Ivanhoe Mines announced a high-grade copper discovery in the Western Foreland, adjacent to the Kamoa-Kakula Copper Complex in the DRC…

In late 2023, Ivanhoe Mines announced a significant, high-grade copper discovery in the Western Foreland, adjacent to the Kamoa-Kakula Copper Complex in the Democratic Republic of Congo (DRC). The discover, coined Kitoko, means “beautiful” or “gift” in several local languages spoken throughout the DRC. This exciting discovery confirms the presence of a significant high-grade copper mineralizing… Read full details

International Holding Company (IHC) of Abu Dhabi parent company to IRH, has expressed interest in acquiring Zambia’s Lubambe copper mine…

An entity of the International Holding Company (IHC), Abu Dhabi’s esteemed corporation, has expressed interest in acquiring Zambia’s Lubambe copper mine, a deal that could potentially complicate the ongoing sale process initiated by China’s JCHX Mining, according to sources familiar with the matter. International Resources Holding (IRH), a subsidiary of IHC, has communicated its interest to… Read full details

Barrick is ready to invest in new gold and copper opportunities in partnership with the government of the DRC, says Mark Bristow…

Based on the success of Kibali, which Barrick has built into Africa’s largest gold mine, the company is ready to invest in new gold and copper opportunities in partnership with the government of the DRC, says president and chief executive Mark Bristow. Speaking to media at a site visit to the mine, Bristow said Kibali was on track for another value-creating year on the back of a strong production… Read full details

• AVZ International Prevails in ICC Case Against Jin Cheng Mining
• Mopani Copper Mines Handover Boosts Economic Hopes in Kitwe
• Zambia’s Govt Expects Mopani Handover to Boost Kwacha Stability
• Zambian Officials Advocate for Local Participation in Mining Supply Chains
• Revitalized Mopani Copper Mines Projected to Boost Employment And Economic Growth
• DRC to Invest $7 Billion From Chinese Contract Revisit in Road Infrastructure
• Revitalized Sino-Congolese Program Promises Rigorous Oversight and Expertise

European Union and the United States, have shown a heightened interest in the abundant reserves of cobalt and lithium present in the Democratic Republic of Congo (DRC)…

In recent years, Western nations, particularly the European Union and the United States, have shown a heightened interest in the abundant reserves of cobalt and lithium present in the Democratic Republic of Congo (DRC). Recognizing the DRC’s significance in the global energy transition, these Western powers have intensified efforts to reduce reliance on China for critical mineral supplies, leading… Read full details