CKM NEWSLETTER 26-02-2024

Midnight Sun Mining Corp. has announced the signing of an earn-in agreement with KoBold Metals Company…

Midnight Sun Mining Corp. (TSX-V: MMA / OTCQB: MDNGF) has announced the signing of an earn-in agreement with KoBold Metals Company, marking a significant milestone in the exploration of the Dumbwa Target within the Solwezi Project in Zambia. KoBold Metals Company, renowned for its innovative approach to battery metal exploration, will undertake exploration activities on Dumbwa. Backed by investors… Read full details

• APCSC Launches Inspection for SICOMINES SA Post-Renegotiation
• Rwanda and Rio Tinto Strike Lithium Deal Despite DRC’s Reserves
• President Tshisekedi Condemns Rwanda-EU Pact as Threat to DRC’s Resources
• MUZ Urges Accelerated Formalization of Illegal Mining Operations in Zambia
• FQM Shares Jump on Refinancing Measures
• Vedanta Weighs Sale of Minority Stake in Zambian Copper Assets

• Skypower Global Partners with AFC for 200 MW Solar Power Project in DRC
• FQM Inks $500 Million Copper Deal with Jiangxi Amid Panama Mine Struggles
• Solwezi MP Stafford Mulusa Leads Delegation to Review Kansanshi Mine’s Expansion
• DRC Prime Minister Resigns to Assume Legislative Role
• First Quantum CEO: Panama’s Next Government Cannot Ignore Mining Sector
• CMOC Group Eyes Copper and Cobalt Market Expansion in DRC and Beyond
  
• Zambia to Pursue Larger Holdings in New Mining Projects
• President Tshisekedi Urges Regulation to Stabilize DRC’s Cobalt Market

A pioneering company in the metal processing and trading sector, has reached a significant milestone with the award of a $3.5 million grant …

Buenassa, a pioneering company in the metal processing and trading sector, has reached a significant milestone with the award of a $3.5 million grant from the Democratic Republic of the Congo (DRC) Government through the Fonds de Promotion de l’Industrie (FPI). This grant marks the initial tranche of funding for Buenassa’s ambitious Project Preparation Facility, paving the way for an innovative… Read full details

Zambian government has announced its plans to finalize the handover of Mopani Copper Mines to a new investor by the end of February 2024…

The Zambian government has announced its plans to finalize the handover of Mopani Copper Mines to a new investor by the end of February 2024. Additionally, Finance and National Planning Minister Situmbeko Musokotwane revealed that only one step remains for Konkola Copper Mines to be returned to Vedanta, after which production will resume. Dr. Musokotwane emphasized that once these processes are… Read full details

The first two companies affected by this cancellation measure, both held by shareholders of SICOMINES…

CRSN (CREC 7, CREC 9) and INTERNATIONAL FOURTEENTH FIRST CONGO SARL are the first two companies affected by this cancellation measure, both held by shareholders of SICOMINES disguised as subcontractors for excavation works within the same main company. The third company sanctioned for the same offense is BANGDE CONSTRUCTION… Read full details

• FQM Shares Jump on Refinancing Measures
• Skypower Global Partners with AFC for 200 MW Solar Power Project in DRC
• FQM Inks $500 Million Copper Deal with Jiangxi Amid Panama Mine Struggles
• Solwezi MP Stafford Mulusa Leads Delegation to Review Kansanshi Mine’s Expansion

FQM is undergoing a significant restructuring of its top-tier personnel at its Zambian operations to address production and safety issues…

First Quantum Minerals Ltd (FQM) is undergoing a significant restructuring of its top-tier personnel at its Zambian operations to address production and safety issues, according to an internal memo obtained by Reuters. The company’s decision comes amid ongoing challenges, including the recent closure order of its flagship Panama mine, which has led to a significant decline in market value since… Read full details