CKM NEWSLETTER 27-03-2023

On the ground with Kobold Metals at Mingomba in Zambia…

Since minerals exploration and development company KoBold Metals announced it was investing $150 million in developing a copper deposit in Zambia’s Copperbelt Province, the media has been abuzz about the role that “artificial intelligence” and “machine learning” played in discovering what is estimated to be a reserve containing 247 million tonnes of copper with an average grade of 3.6%… Read full details

Maximize Your Exposure at DRC Mining Week 2023 with CKM Special Edition

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• Kansanshi Mining Signs MOU to Provide Piped Water to Mushitala Community
• DRC Included in Agreement for Rebalancing Chinese Contract Provisions
• Primera Gold Boosts Exports of Gold from Artisanal Mining in DRC
• Small Scale Miners Strangulated by Lithium Blanket Ban in Zimbabwe
• Global Carmakers Now Target $515 Billion for EVs Batteries
• Ivanhoe Mines Activity Updates on Kipushi Zinc Mine in the DRC
• The Kinshasa-Gombe Peace Court in DRC Postpones the Ventora-CNPAV Trial to July 3
• Mineral Prices in Zambia this Week

• DRC’s National Assembly to Scrutinize Chinese Contract Under Parliamentary Control
• Copper Prices Could Soar 33% in the Next Year Due to Low Global Inventories
• Zambia’s “Green City” Plan Needs to Prioritize the Cleanup of Lead Mines
• Nickel Price Slumps as Global Production Soars
• Tshela to Become a Center for Trading Precious Materials in Kongo Central

Ivanhoe Mines announced the 2023 Integrated Development Plan (IDP 2023) for the Kamoa-Kakula Copper Complex…

Ivanhoe Mines announced on March 17 that it has filed a new NI 43-101 (NI 43-101) Technical Report covering the Kamoa-Kakula 2023 Integrated Development Plan (IDP 2023) for the Kamoa-Kakula Copper Complex in the Democratic Republic of Congo. , reports a press release from the company. The 2023 IDP consists of a Pre-Feasibility Study (Kamoa-Kakula 2023 PFS) for Phases 3 and 4 expansion of the Kamoa… Read full details

EQX Biome has said that it is ready to bet 400 million USD to transform the project of exploitation of 27 oil blocks in forest conservation projects….

A financial technology company on biodiversity, based in New York and called “EQX Biome”, has said that it is ready to bet 400 million USD or (334 million pounds sterling) to transform the project of exploitation of 27 oil blocks in forest conservation projects. This information was reported by the British newspaper The Guardian a few weeks ago indicating that this project would generate 6 billion… Read full details

Mutually beneficial partnership with its local stakeholders, has demonstrated that it was possible to operate a successful, world-class mine, run by host country nationals…

Since Kibali went into production 10 years ago it has not only grown into Africa’s largest gold mine, it has also opened a new mining frontier in the DRC and stimulated the development of a thriving regional economy in the country’s North-East province, says Mark Bristow, Barrick president and chief executive. Speaking at a media visit to Kibali on 26th March, Bristow said the mutually benefit… Read full details

• DRC’s National Assembly to Scrutinize Chinese Contract Under Parliamentary Control
• Copper Prices Could Soar 33% in the Next Year Due to Low Global Inventories
• Zambia’s “Green City” Plan Needs to Prioritize the Cleanup of Lead Mines
• Nickel Price Slumps as Global Production Soars
  

Gemfields Group reported a 2% rise in full-year profit on Friday helped by higher prices for uncut emeralds and rubies…

Faberge jewellery brand owner Gemfields Group reported a 2% rise in full-year profit on Friday helped by higher prices for uncut emeralds and rubies. The precious stone miner said headline earnings per share, the main profit measure in South Africa, rose to 4.8 U.S. dollar cents for the year ended Dec. 31, from 4.7 U.S. dollar cents a year earlier. Gemfields owns 75% each of the Montepuez Ruby Mine… Get full details