CKM NEWSLETTER 28-10-2024

The Ministry of Mines and Minerals Development, and the Zambia Chamber of Mines have expressed their support for the Geological and Minerals Development Bill 2024…

The Government of Zambia, through the Ministry of Mines and Minerals Development, and the Zambia Chamber of Mines have expressed their support for the Geological and Minerals Development Bill 2024. This announcement follows a high-level stakeholder engagement meeting held last week. The event, organized under the Public Private Dialogue Forum (PPDF), brought together representatives from the…  Read full details

• DRC Govt Addresses Foreign Presence in Mining Areas Amid Recent Arrests
• DRC Solidifies Position as Leading Global Producer of Cobalt and Copper from 2018 to 2022
• DRC Authorities Close Kanshi Commune’s Artisanal Diamond Mine to Protect Resident Safety
• Maniema Province Ushers in New Era with Oil Tax Agreement
• ERB Confirms Zambia’s Fuel Stocks Are Sufficient Amid Nationwide Distribution Efforts

• Rawbank Partners with ARSP to Boost Funding for 20,000 SMEs in DRC
• Tanzania to Establish Power Grid Connection with Zambia to Alleviate Drought-Induced Power Shortages
• Neelkanth Metals Fined 900,000 Kwacha in Zambia for Illegal Copper Scrap Operations
• China’s Copper Demand to Peak by 2030 Amid Economic Shifts
• BRICS Expands to Include New African Partners
• ERG Releases Sustainable Development Report for the year 2023
• FQM in Talks for Potential Partnerships on Zambian Assets
• Zambia Aims for Major Copper Output Boost Through Investor Partnerships
• Konkola Copper Mines Reports Second Fatality at Nchanga Mine
• Soleos Energy and Melci to Build 200 MW Solar Power Project in DRC’s Haut-Katanga
• China State Construction Engineering to Support Kinshasa Expansion Project
• Prime Minister Judith Suminwa Urges Congolese Diaspora to Support National Development

GECAMINES has entered a new phase in securing its operations by obtaining the first secure certificates for its mining titles…

GECAMINES, a cornerstone of the mining sector in the Democratic Republic of Congo (DRC), has entered a new phase in securing its operations by obtaining the first secure certificates for its mining titles. The formal presentation of these certificates took place on Friday, October 18, 2024, in Kinshasa, conducted by the Mining Registry (CAMI). During the event, Guy Robert Lukama, Chairman of the…  Read full details

The Africa Finance Corporation (AFC) has significantly advanced the Zambia Lobito Rail project by entering into concession agreements with the governments of Angola and Zambia…

The Africa Finance Corporation (AFC) has significantly advanced the Zambia Lobito Rail project by entering into concession agreements with the governments of Angola and Zambia. This ceremonial signing took place on the sidelines of the 79th session of the United Nations General Assembly (UNGA 79) with the participation of U.S. Secretary of State Antony J. Blinken and the Biden Administration’s G-7 … Read full details

Cobalt prices have plummeted over the last three years, dropping by two-thirds—a severe blow for the Democratic Republic of Congo (DRC), the world’s leading cobalt producer…

Cobalt prices have plummeted over the last three years, dropping by two-thirds—a severe blow for the Democratic Republic of Congo (DRC), the world’s leading cobalt producer with the largest global reserves. This price slump has forced many artisanal miners to abandon cobalt mining, with some turning to copper despite its limited profitability. In Kolwezi’s Kamilombe artisanal mine, under a… Read full details

• DRC Govt Addresses Foreign Presence in Mining Areas Amid Recent Arrests
• DRC Solidifies Position as Leading Global Producer of Cobalt and Copper from 2018 to 2022
• DRC Authorities Close Kanshi Commune’s Artisanal Diamond Mine to Protect Resident Safety
• Maniema Province Ushers in New Era with Oil Tax Agreement
• Rawbank Partners with ARSP to Boost Funding for 20,000 SMEs in DRC
• Tanzania to Establish Power Grid Connection with Zambia to Alleviate Drought-Induced Power Shortages
• Neelkanth Metals Fined 900,000 Kwacha in Zambia for Illegal Copper Scrap Operations
• China’s Copper Demand to Peak by 2030 Amid Economic Shifts
• BRICS Expands to Include New African Partners

• FQM in Talks for Potential Partnerships on Zambian Assets
• ERG Releases Sustainable Development Report for the year 2023
• Zambia Aims for Major Copper Output Boost Through Investor Partnerships
• Konkola Copper Mines Reports Second Fatality at Nchanga Mine
• Soleos Energy and Melci to Build 200 MW Solar Power Project in DRC’s Haut-Katanga
• China State Construction Engineering to Support Kinshasa Expansion Project
• Prime Minister Judith Suminwa Urges Congolese Diaspora to Support National Development
• ERB Confirms Zambia’s Fuel Stocks Are Sufficient Amid Nationwide Distribution Efforts

The Canadian mining company, is in discussions with potential partners regarding its Zambian copper and nickel assets…

First Quantum Minerals, the Canadian mining company, is in discussions with potential partners regarding its Zambian copper and nickel assets, though it has not disclosed the names of the firms involved. Last week, Reuters reported that Saudi Arabia’s Manara Minerals was nearing a deal to acquire a minority stake in these Zambian assets, citing sources familiar with the matter. “We are open to… Read full details