CKM NEWSLETTER 31-10-2022

Kibali Gold still had an enormous upside…

The ability of Africa’s largest gold mine to replace its reserves beyond depletion will secure its position as one of Barrick Gold Corporation’s Tier One1 assets well into the future, president and chief executive Mark Bristow said here today. Speaking to local media, Bristow said the 13 year old mine, which has just improved its performance for the third consecutive quarter, still had an enormous… Read full details

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• TFM Covered With Praise at the Alternative Mining indaba Workshop in Lubumbashi (Press Release)
• Mark Bristow: “Kibali’s investment in the DRC Has Grown From 2.5 to 4.2 Billion USD in 11 Years”
• DRC Mining industry Produced 1.5 Million tonnes of Copper at the End of August 2022
• ZRA Challenged to Settle Mopani’s $110 Million in VAT Refunds
• Ivanhoe Awarded New Exploration Rights Next to Platreef Project on South Africa’s Bushveld Complex
• Govt to Issue Statement on KCM & Mopani
• Eurasian Resources Group Publishes its Sustainable Development Report 2021
• The Ecobay Family Is Growing
• Consider Industrial Mining Investment Outside of Greater Katanga! (Grandstand)-DRC
• Electra Mining Botswana Will Not Be Going Ahead in 2023

• Gemfields Resumes Mozambique Operations After Nearby attack
• Kinsevere – Arbitration Procedure Update (News Release)
• In Eight Months, Gécamines Produced 15,104 tonnes of Cobalt and 2,217 tonnes of Copper-DRC

• Tharisa Issues $50m Bond for Zimbabwe Platinum Mine Build

Infrastructure Modernization Tender for a Mine in DRC…

Tender Description: Tender for the modernization of the infrastructure at a mine site in Haut Katanga Province of the Democratic Republic of Congo

Deadline: 02 November 2022

Click to access full tender detail… Read full details

ZRA has been accused of selective payments of tax refunds after it emerged that some foreign owned mines…

The Zambia Revenue Authority – ZRA has been accused of selective payments of tax refunds after it emerged that some foreign owned mines Value Added Tax – VAT refunds liabilities are being paid off regularly while that of locally and state-owned mines such as Mopani Copper Mines are not being given the same treatment. The Zambian Business Times – ZBT has received information that ZRA owes Mopani Copper Mines… Read full details

Félix Tshisekedi called on the people of this province to remain committed and to promote the emergence of Congolese entrepreneurs…

Participating in the eighth edition of the Makutano forum in Mbuji-Mayi, capital of Kasaï-Oriental, the Head of State Félix Tshisekedi called on the people of this province to remain committed and to promote the emergence of Congolese entrepreneurs. “The time has come to concretely see Congolese champions excel in a completely diversified Congolese economy with mature value chains in the agriculture … Read full details

• TFM Covered With Praise at the Alternative Mining indaba Workshop in Lubumbashi (Press Release)
• Mark Bristow: “Kibali’s investment in the DRC Has Grown From 2.5 to 4.2 Billion USD in 11 Years”
• DRC Mining industry Produced 1.5 Million tonnes of Copper at the End of August 2022
• ZRA Challenged to Settle Mopani’s $110 Million in VAT Refunds

GoviEx Uranium has closed its previously announced bought deal private placement financing…

GoviEx Uranium has closed its previously announced bought deal private placement financing which includes a partial exercise of the over-allotment option, at a price of C$0.22 per Unit for aggregate gross proceeds of C$10,166,860. Each unit consists of one Class A common share of the company and one-half of one Common Share purchase warrant. Each Warrant entitles the holder thereof to purchase one… Read full details