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Chinese Mining Firms Unite to Boost Zambia’s Mining Industry 20 Mining in Zambia 

Chinese Mining Firms Unite to Boost Zambia’s Mining Industry

Constance
Chinese mining companies in Zambia have officially launched the Chinese Mining Enterprises Association in Zambia (CMEAZ) to enhance their contributions to the country’s mining sector. The launch event, held on Tuesday, was attended by Chinese Ambassador to Zambia Han Jing, senior Zambian government officials, and representatives from Chinese mining firms. Ambassador Han hailed the establishment of CMEAZ as a significant milestone in Sino-Zambian relations, which date back to Chinese investments in the Chambishi copper mine in 1998. He highlighted that over 20 Chinese mining companies operating in Zambia have collectively… Read More Here
Zambia and Zimbabwe to Host 2024 Summit on Sustainable Energy and Investment Opportunities 21 Mining in Zambia Energy Events & Expos 

Zambia and Zimbabwe to Host 2024 Summit on Sustainable Energy and Investment Opportunities

Constance
From November 18-20, 2024, the Zimbabwe-Zambia (Zim-Zam) Energy Projects Summit will convene government leaders, private investors, and energy stakeholders in Victoria Falls under the theme Powering Zimbabwe and Zambia’s Sustainable Energy Future: Unlocking Opportunities in Renewables, Grid Modernization, and Energy Access. The summit, held under the patronage of Zimbabwe’s Ministry of Energy and Power Development and sponsored by the Zimbabwe Energy Regulatory Authority (ZERA), underscores the importance of regional partnerships for energy resilience. Zimbabwe and Zambia are intensifying efforts to attract investments in renewable energy sectors such as solar, geothermal,… Read More Here
CKM eMagazine November – December 2024 Edition (PDF FORMAT) 22 CKM eMagazine 

CKM eMagazine November – December 2024 Edition (PDF FORMAT)

admin
Just in case you have not yet receive the November– December 2024 edition of the CKM eMagazine, Here’s your free copy and don’t forget to share with your colleagues who might not only need this but would also benefit from the quality news and professional information provided in this special edition. The CKM eMagazine is massively distributed digitally reaching top decision makers in all the mining houses in Zambia and the DRC. We have over 123,000 followers on LinkedIn with over 71,000 CKM Newsletter subscribers with over 1,000,000 organic impressions per month. This November – December 2024 edition will be distributed massively at various mining events… Read More Here
DRC Minister of Mines Highlights Nation’s Mining Ambitions at Inaugural Mining & Energy House Event 23 Mining in DRC Events & Expos 

DRC Minister of Mines Highlights Nation’s Mining Ambitions at Inaugural Mining & Energy House Event

Constance
The Makutano Network 2024 Economic Forum, held in Kinshasa, served as a pivotal platform for advancing inclusive and sustainable growth strategies in the Democratic Republic of Congo (DRC) and the broader Central African region. Bringing together prominent leaders in innovation and development, the forum underscored a vision for Africa’s economic prosperity built on sound policies and responsible partnerships. At the Mining & Energy House, the event commenced with an inaugural speech by the DRC’s Minister of Mines, Kizito Pakabomba. The Minister emphasized the country’s ambition to leverage its vast mineral… Read More Here
KoBold Metals to Begin Drilling on Zambia's Dumbwa Copper Prospect in 2025 24 Mining in Zambia Copper New Mining Projects 

KoBold Metals to Begin Drilling on Zambia’s Dumbwa Copper Prospect in 2025

Constance
Critical minerals startup KoBold Metals is set to commence drilling at Zambia’s Dumbwa copper prospect in early 2025, marking a strategic expansion in Africa’s critical minerals sector. CEO Mfikeyi Makayi shared the company’s plans with Energy Capital & Power at the recent Critical Minerals Africa Forum. Makayi highlighted that Dumbwa, located in northwestern Zambia, is one of KoBold’s prioritized exploration sites in the region. “We are leveraging machine learning and predictive analytics to reduce uncertainty and accelerate drilling at Dumbwa, moving beyond traditional geological methods,” Makayi stated. KoBold Metals is… Read More Here
Zambia Targets Hydropower Expansion to Power Mining Growth 25 Mining in Zambia Electricity Hydro power plant 

Zambia Targets Hydropower Expansion to Power Mining Growth

Constance
Zambia is advancing plans to harness alternative hydropower sources on the Zambezi River as part of a long-term strategy to meet the growing energy demands of its mining industry. At the recent Critical Minerals Africa 2024 summit, Sokwani William Chilembo, CEO of the Zambia Chamber of Mines, emphasized that hydropower projects in Zambia’s Northern Watershed will be prioritized due to the area’s resilience against droughts and El Niño conditions. “By developing hydropower in these regions, we can supplement it with coal from Lake Kariba’s southern shores and additional solar energy,”… Read More Here
Friedland Highlights China’s Reduced Reliance on US Amid Potential Trade Tariffs 26 International Mining Personality 

Friedland Highlights China’s Reduced Reliance on US Amid Potential Trade Tariffs

Constance
China has strategically reduced its exposure to the US economy since Donald Trump’s first presidential term, positioning itself to better withstand potential trade tariffs from the president-elect, according to Robert Friedland, co-chairman of Canadian miner Ivanhoe Mines Ltd. “China still holds significant leverage,” Friedland said in a Bloomberg TV interview from Sydney. “Its exports to the US are now much lower compared to the first Trump administration, meaning China is less vulnerable to US tariffs than it was seven or eight years ago.” As part of his manufacturing agenda, Trump… Read More Here
Chinese Copper Smelters Face Pressure to Slow Expansion Amid Global Profitability Concerns 27 International Copper 

Chinese Copper Smelters Face Pressure to Slow Expansion Amid Global Profitability Concerns

Constance
Chinese copper smelters are under increasing pressure to rein in their rapid expansion, as oversupply threatens the industry’s profitability and raises concerns over the future viability of smelting operations globally. China, the world’s largest consumer of copper, is expected to produce nearly half of the world’s refined copper this year following a surge in smelter construction aimed at securing supplies critical to the energy transition. However, this expansion has led to fierce competition for limited raw materials, squeezing margins across the industry. The scale of China’s expansion poses risks to… Read More Here
Anglo American Reignites Investment in Zambia's Copper Industry After 20 Years 28 Mining in Zambia Copper 

Anglo American Reignites Investment in Zambia’s Copper Industry After 20 Years

Constance
Zambia’s mining sector is poised for growth as Anglo American Corporation, led by CEO Duncan Wanblad, has shown renewed interest in the country’s vibrant copper industry. This marks a significant return nearly 20 years after the company’s exit, underscoring the robust potential Zambia’s mining sector continues to offer. During a recent visit, President Hakainde Hichilema warmly welcomed Anglo American’s renewed partnership, underscoring Zambia’s ambitious goal to reach an annual copper production target of 3 million tons. “Achieving this target will require strategic partnerships with reputable companies like Anglo American Corporation,”… Read More Here
IMF Reaches Staff-Level Agreement to Release $185.5 Million for Zambia 29 Mining in Zambia Economy 

IMF Reaches Staff-Level Agreement to Release $185.5 Million for Zambia

Constance
The Zambian government and the International Monetary Fund (IMF) have reached a staff-level agreement to disburse $185.5 million to Zambia, pending approval from IMF management and the executive board. The agreement follows an IMF mission to Zambia from October 2-15, led by Mercedes Vera Martin, and subsequent discussions held in Washington. The IMF highlighted the severe impact of recent drought conditions on Zambia’s agricultural output and electricity supply. Commenting on the government’s response, the IMF noted, “The authorities mobilized emergency relief for the most vulnerable populations while maintaining fiscal consolidation… Read More Here

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