CKM NEWSLETTER 30-12-2024

Midnight Sun announced the renewal of the exploration license for Kazhiba, a key target area within its flagship 506-sq.-km Solwezi copper project in Zambia…

Midnight Sun Mining Corp. (TSXV: MMA) announced Monday the renewal of the exploration license for Kazhiba, a key target area within its flagship 506-sq.-km Solwezi copper project in Zambia. The project is located just 10 km from the Kansanshi mine, Africa’s largest copper mining complex, operated by First Quantum Minerals (TSX: FM). Midnight Sun has an exploration agreement with First Quantum to…  Read full details

Molendo Sakombi Presents Draft Laws to Boost Cross-Border Oil Management with Angola and Uganda

Fortescue Metals Secures $10 Million for Development of Fast Chargers for Heavy Mining Equipment

China smelter group agrees to lower Q1 copper charges

Panama president sees no immediate risk from First Quantum Mine

DRC Diamond Exports Continue Strong Performance in Early 2024

Sibanye-Stillwater Secures $500 Million Streaming Deal with Franco-Nevada

Gemfields Warns of Potential Disruptions at Mozambique Ruby Mine Amid Rising Unrest

Chile Files Four Environmental Charges Against Anglo American’s Los Bronces Mine

DRC President Promulgates $18 Billion Finance Law for 2025

Central Bank of Congo Reports Mixed Trends in Commodity Prices for December 2024

Vedanta to exclude base metals business from sweeping demerger

DRC and Indonesia to Sign Mining and Environmental Cooperation Agreement

Caterpillar expands its tech capacity in Bangalore

Tshisekedi, has announced a $50 million investment to revive the struggling Bakwanga Mining Company (MIBA)…

The President of the Democratic Republic of Congo (DRC), F lix Tshisekedi, has announced a $50 million investment to revive the struggling Bakwanga Mining Company (MIBA). The announcement was made on Thursday, December 26, 2024, during his visit to Mbuji-Mayi, the capital of Kasa Oriental province, as part of his ongoing tour of the country’s provinces. Amidst a warm welcome from the local population…  Read full details

Kagem Mining Limited (“Kagem”) announces the temporary suspension of mining operations at Kagem…

This decision is a direct consequence of disturbed emerald market dynamics arising from an oversupply of Zambian emeralds at discounted prices during the second half of 2024, compounded by conflicting emerald auction dates between the key Zambian emerald producers and giving rise to a destabilised Zambian emerald market outlook for at least the first half of 2025. These market dynamics are evidence…  Read full details

Exports of coltan  from the DRC reached 265.90 tonnes, generating USD 6.76 million during the first quarter of 2024…

Exports of coltan (tantalum concentrate) from the Democratic Republic of Congo (DRC) reached 265.90 tonnes, generating USD 6.76 million during the first quarter of 2024, according to provisional data released by the Ministry of Mines. The Haut-Katanga region leads the country’s coltan exports, with 99.64 tonnes valued at USD 1.83 million. South Kivu follows closely with 67.40 tonnes, worth USD 1.73 million… Read full details

Central Bank of Congo Reports Mixed Trends in Commodity Prices for December 2024

Vedanta to exclude base metals business from sweeping demerger

DRC and Indonesia to Sign Mining and Environmental Cooperation Agreement

Molendo Sakombi Presents Draft Laws to Boost Cross-Border Oil Management with Angola and Uganda

Fortescue Metals Secures $10 Million for Development of Fast Chargers for Heavy Mining Equipment

Caterpillar expands its tech capacity in Bangalore

China smelter group agrees to lower Q1 copper charges

Panama president sees no immediate risk from First Quantum Mine

DRC Diamond Exports Continue Strong Performance in Early 2024

Sibanye-Stillwater Secures $500 Million Streaming Deal with Franco-Nevada

Gemfields Warns of Potential Disruptions at Mozambique Ruby Mine Amid Rising Unrest

Chile Files Four Environmental Charges Against Anglo American’s Los Bronces Mine

DRC President Promulgates $18 Billion Finance Law for 2025

The DRC mining sector is experiencing a significant revival, driven by the recent surge in the price of tin on international markets…

The Congolese mining sector is experiencing a significant revival, driven by the recent surge in the price of tin on international markets. According to the latest data from the National Commission of Mercuriales within the Ministry of Foreign Trade, the price of a tonne of tin reached $29,306 USD during the week of December 23–28, 2024. This marks a 1.06% increase compared to the previous week... Read full details