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CKM Newsletter 20-10-2020 

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ZCCM-IH’s New Strategy for Gold and Gemstones

The Zambian government has launched the export diversification strategy for gold and gemstone to formalise artisanal small-scale mining and trading activities. This is envisaged to generate revenue from precious metals… Full article

Read Also: RONGXING TAILING DAM COLLAPSE POISONS A STREAM IN ZAMBIA

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Ø  IVANHOE NEARS COMPLETION OF KAKULA MINE PROCESSING PLANT | DRC

Ø  NICKEL, COPPER PRICES NEAR NEW HIGHS AS CHINA POWERS ON

Ø  RONGXING TAILING DAM COLLAPSE POISONS A STREAM IN ZAMBIA

Ø  DRC & ZAMBIA JOIN TO FIGHT AGAINST SMUGGLING AND EXTEND SERVICE HOURS AT THE KASUMBALESA BORDER

Ø  SNEL ACQUIRES A NEW MODERN AND DIGITIZED DISPERSION STATION AT INGA- DRC

Ø  MINES IN DRC CONTRIBUTED USD 482.1 MILLION TO THE TREASURY IN THE FIRST HALF OF 2020

Ø  MINISTRY OF MINES IN PARTNERSHIP WITH THE DCAF TO ENSURE RESPECT FOR RIGHTS AND SECURITY IN THE EXTRACTIVE SECTOR|DRC

A 7% rise after Kakula Mine progress announcement…

Ivanhoe Mines (TSX: IVN) shares climbed 7% on Monday after the company announced progress is being made advancing underground development at its Kakula mine in the Democratic Republic of Congo (DRC), with current mining grades of up to 11% copper in one of the access drives.… Full article

Talks for Possible New Nickel Deals…

Global miner and commodities trader Glencore (LON: GLEN) is close to securing nickel supply deals with automakers and battery producers amid a looming squeeze in the market and Tesla CEO Elon Musk’s recent call to miners to produce more of the metal…. Full article

The national electricity company (SNEL) rehabilitated the Inga converter station (SCI) and the Kolwezi converter station. This work carried out by the firm AEE made it possible to double the total power of the line which goes to 1120 MW… Full article

A Need for More Security at the OSBP…

THE Southern Africa Development Community (SADC) truck drivers association has raised concern over the security situation in Democratic Republic of Congo (DRC). The association has, however, welcomed the planned extension of operating hours at Kasumbalesa border post. …  Full article

A 6 Months Grace Period for Onsite Processing…  

The Minister of Mines, Willy Kitobo, has granted a 6-month moratorium to mining operators, mainly producers of copper sulphide concentrates for processing on site. This move intends, to give the market products extracted from the deposits of mineral substances from the Congolese soil and subsoil a greater added value… Full article

      Sponsored content

Ø  IVANHOE NEARS COMPLETION OF KAKULA MINE PROCESSING PLANT | DRC

Ø  NICKEL, COPPER PRICES NEAR NEW HIGHS AS CHINA POWERS ON

Ø  RONGXING TAILING DAM COLLAPSE POISONS A STREAM IN ZAMBIA