CKM NEWSLETTER 31-03-2025

Individuals and entities in the Democratic Republic of Congo (DRC) will face a $4.3 million fine for obstructing transparency and traceability in the mining sector…

As of January 1, 2025, individuals and entities in the Democratic Republic of Congo (DRC) face a $4.3 million fine for obstructing transparency and traceability in the mining sector. This penalty, outlined in Decision No. CAMI/DG/003/2024, was issued by the Mining Cadastre (CAMI) on December 16, 2024, marking the most severe enforcement action under the country’s amended Mining Code. Despite its…  Read full details

• Mercuria Intensifies Copper Trading to Match Oil Division Success
• DRC’s Mining Minister Condemns Fraudulent Exploitation of Natural Resources
• Zambia’s Mining Pollution Poses Growing Environmental and Economic Risks
• FQM Suspends Public Tours of Panama Copper Mine Amid Govt Pressure
• Mali Expects Gold Output Recovery in 2025 Amid Barrick Gold Standoff
• Chinese Ambassador Denies Presence of Legal Chinese Mining Companies in Eastern DRC
• Zambia Records First Inflation Decline in Over a Year

• DRC’s Tin Exports Surge in 2024 Amid Growing Global Demand
• DRC Gold Exports Reach $1.5 Billion in 2024 Despite Decline in Artisanal Mining
• Five Diamond Diggers Killed in Land Collapse in Tshikapa DRC
• Glencore Halts Copper Shipments from Chile’s Altonorte Smelter Amid Furnace Issues
• Zambia’s Chief Geologist Calls for Regulatory Reforms to Strengthen Mining Sector
• Minister of Mines Inaugurates Modernized CAMI Building to Strengthen DRC’s Mining Sector
• DRC Positions Itself as Key Player in Global Energy Transition at Strategic Mining Summit

• Trump Orders Increased U.S. Mineral Production, Raising Questions Over DRC Partnership
• Land-Linked Zambia Conference Linking Sectors Through Transport And Logistics
• Gold M&A Activity Set to Surge in 2025 Amid Rising Prices and Limited Discoveries
• DRC Diamond Exports Generate $89 Million in 2024 with Significant Growth in Volume

KCM has received legal advice indicating that all creditors are bound by the court’s ruling, and the Corporate Insolvency Act of 2017 prohibits preferential treatment of creditors within the same class…

Konkola Copper Mines (KCM) has assured that it is fully committed to meeting its obligations under the Scheme of Arrangement, a court-approved payment plan. The company confirms that it has not defaulted on any payments to creditors and is adhering to the terms established by the court. KCM has already made full payments to smaller creditors (Class I), those owed less than $1 million…  Read full details

Rio Tinto has engaged in early discussions with the Democratic Republic of Congo (DRC) about developing the Roche Dure deposit into a lithium mine…

Rio Tinto has engaged in early discussions with the Democratic Republic of Congo (DRC) about developing the Roche Dure deposit into a lithium mine. Roche Dure is one of the world’s largest hard-rock lithium resources, making it a highly strategic asset in the global lithium market. Neither Rio Tinto nor the DRC’s Ministry of Mines has commented on the talks. Meanwhile, the DRC is also in discussion…  Read full details

$1.4 billion to modernize the Tanzania-Zambia Railway (TAZARA), a vital transport link for Zambia’s copper exports to Tanzania’s largest port…

China Civil Engineering Construction Corporation (CCECC) has committed over $1.4 billion to modernize the Tanzania-Zambia Railway (TAZARA), a vital transport link for Zambia’s copper exports to Tanzania’s largest port. TAZARA plays a crucial role in exporting copper and cobalt from Central Africa while offering an alternative route to South Africa’s congested ports. However, years of neglect have… Read full details

• DRC’s Tin Exports Surge in 2024 Amid Growing Global Demand
• DRC Gold Exports Reach $1.5 Billion in 2024 Despite Decline in Artisanal Mining
• Five Diamond Diggers Killed in Land Collapse in Tshikapa DRC
• Glencore Halts Copper Shipments from Chile’s Altonorte Smelter Amid Furnace Issues
• Zambia’s Chief Geologist Calls for Regulatory Reforms to Strengthen Mining Sector
• Minister of Mines Inaugurates Modernized CAMI Building to Strengthen DRC’s Mining Sector
• DRC Positions Itself as Key Player in Global Energy Transition at Strategic Mining Summit
• Mercuria Intensifies Copper Trading to Match Oil Division Success
• DRC’s Mining Minister Condemns Fraudulent Exploitation of Natural Resources

• Mali Expects Gold Output Recovery in 2025 Amid Barrick Gold Standoff
• Chinese Ambassador Denies Presence of Legal Chinese Mining Companies in Eastern DRC
• Trump Orders Increased U.S. Mineral Production, Raising Questions Over DRC Partnership
• Zambia Records First Inflation Decline in Over a Year
• Land-Linked Zambia Conference Linking Sectors Through Transport And Logistics
• Gold M&A Activity Set to Surge in 2025 Amid Rising Prices and Limited Discoveries
• DRC Diamond Exports Generate $89 Million in 2024 with Significant Growth in Volume
• Zambia’s Mining Pollution Poses Growing Environmental and Economic Risks 

China has been accused of exploiting African mineral resources through corruption, poor governance, and human rights violations…

In a strong critique of China’s mining operations in Africa, particularly in the Democratic Republic of Congo (DRC), Joseph Mulala Nguramo, a nonresident senior fellow at the Atlantic Council, accuses China of exploiting African mineral resources through corruption, poor governance, and human rights violations. Citing trade data, Mulala highlights that China-Africa trade volume stands at $282.1 billion… Read full details