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DR Congo & Zambia’s Premier Mining News
Our top stories this week
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DRC Adds Glencore’s Subsidiary, to the Ongoing Process of Renegotiating Mining Contracts
The Democratic Republic of Congo has added Glencore’s subsidiary, namely Mutanda Mining (MUMI), to the ongoing process of renegotiating mining contracts. The decision to investigate Mutanda comes as President Félix Tshisekedi makes no secret of his intention to review extractive deals made under his predecessor, Joseph Kabila. Already, the Presidency of the Republic is reviewing the copper and… Read full details
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Download Mar-April 2022 CKM eMagazine
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Gemfields Rakes in Over US$ 42 Million from Auctions in India
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Gemfields recorded a record $42.3-million in revenue from the sale of emeralds sourced from its Kagem mine in Lufwanyama. This was at auctions of its predominantly commercial-quality rough emeralds held in Jaipur, India, from March 15 to April 1. Of the 32 lots offered – 4.52-million carats in total – all were 100% sold out. Fifty-six companies placed bids and an average price of $9.37/ct was… Read full details
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Alphamin Resources One of the World’s Largest Tin Miners, Has Kicked Off a Potential Sale of the Company
Alphamin Resources Corp., one of the world’s largest tin miners, has kicked off a potential sale of the company as prices of the metal surge, people with knowledge of the matter said. Canadian-listed Alphamin, which is working with boutique advisory firm Cutfield Freeman & Co., has sent out marketing materials to prospective bidders, the people said. It has asked for initial offers by the end… Read full details
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CKM Celebrate the 30,000 Followers Mile Stone Today
Copperbelt Katanga Mining is one of the leading digital publications for the Central African Copperbelt distributed bimonthly and online in the Katanga province of the Democratic Republic of Congo, the Copperbelt and Northwestern provinces of Zambia. Our publication (print & digital) is seen and read by an audience of more than 30 000 subscribers that include influential mining authorities and key decision makers across the globe. Follow CKM Linkedin Page with over 30,000 mining professionals from DRC and Zambia on this link… Read full details
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Congolese Invited to Invest in the Lucrative Battery Market
On an official mission in the copper city of Lubumbashi, the Congolese Minister of Industry wants to see the Congolese be the first to take the initiative to take ownership of this vast and ambitious project launched by the Government of the Democratic Republic of Congo ( ground floor). According to him, this project aims to mobilize financial resources estimated at between 8 and 10,000 billion… Read full details
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Due to the High Cost of Fuel, Zambia’s Mining Sector is Expected to Attract Low Investment This Year – ESMAZ President
The Emeralds and Semi-Precious Stones Mining Association of Zambia-ESMAZ have stated that due to the high cost of fuel, the mining sector is expected to attract low investment this year. The increase in fuel prices, according to Association President Victor Kalesha, will reduce the number of investors willing to invest in the mining sector because mining is a high-cost venture, and an increase… Read full details
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