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CKM EMAGAZINE MAY – JUNE 2024 EDITION (PDF FORMAT) 1 CKM eMagazine 

CKM EMAGAZINE MAY – JUNE 2024 EDITION (PDF FORMAT)

Copperbelt Katanga News
Just in case you have not yet receive the May – June 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 thus but would also benefit from the news and 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 DRC. We have over 104,000 followers on LinkedIn with over 58,000 CKM Newsletter subscribers with over 1,000,000 organic impressions . Our upcoming July – Sept 2024 edition will feature some special topics… Read More Here
Tender opens for feasibility study on floating solar in Zambia 2 Mining in Zambia Contracts & tenders Energy 

Tender opens for feasibility study on floating solar in Zambia

Constance
The African Development Bank is seeking expressions of interest from consultants to carry out a feasibility study for a floating solar project at a dam in southern Zambia. The deadline for applications is June 15. The African Development Bank has opened a tender inviting consulting firms to express interest in providing consultancy services for a floating solar project at the Kariba Dam, a hydroelectric power plant in Zambia. The dam is located at the Lake Kariba reservoir on the Zambia-Zimbabwe border. The chosen consultant will be tasked with feasibility studies… Read More Here
KCM Meets Creditors to Discuss Debt Settlement Plan 3 Mining in Zambia Copper 

KCM Meets Creditors to Discuss Debt Settlement Plan

Constance
Konkola Copper Mines (KCM), through the Provisional Liquidator, held a meeting with its creditors in Lusaka yesterday to consider a scheme of arrangement for settling the debt owed to them. This followed an ex parte order granted to KCM by the Lusaka High Court to convene a meeting of creditors to discuss the scheme of arrangement. During the event, Provisional Liquidator Celine Meena Nair explained that the meeting was for class 1 scheme creditors, with a class 2 creditors meeting scheduled for May 30, 2024. Ms. Nair stated that the… Read More Here
Zambian Govt to Implement Measures to Tackle Power Crisis 4 Mining in Zambia Electricity Hydro power plant 

Zambian Govt to Implement Measures to Tackle Power Crisis

Constance
The Zambian government is introducing several interventions to address the current power crisis, according to Energy Minister Peter Kapala. These measures include the importation of diesel-powered generators and the expansion of Maamba Collieries. Minister Kapala expressed concern over the ongoing load shedding, which has been caused by reduced water levels at hydroelectric power stations. He made these remarks during a tour of the Kafue Gorge and Kariba North Power Stations alongside Water and Sanitation Minister Mike Mposha. Kapala announced that the increased load shedding schedule will be reviewed in October… Read More Here
EIZ to Conduct Technical Audits for Lusaka-Ndola Road Upgrade 5 Mining in Zambia Infrastructural Development 

EIZ to Conduct Technical Audits for Lusaka-Ndola Road Upgrade

Constance
The Engineering Institution of Zambia (EIZ) has announced plans to conduct technical audits of the upgrade of the Lusaka-Ndola Road into a dual carriageway. EIZ President Wesley Kaluba stated that this initiative aims to ensure that quality work is carried out on the road. Mr. Kaluba emphasized the importance of all engineers involved in the project being accredited by the institution. This accreditation will facilitate monitoring and enable disciplinary action against anyone found erring during the project. Speaking to ZNBC News in Lusaka, Mr. Kaluba highlighted the Institution’s commitment to… Read More Here
Zambia Ranks as Africa's Third Best Mining Investment Destination 6 Copper Economy Mining in Zambia 

Zambia Ranks as Africa’s Third Best Mining Investment Destination

Constance
Zambia has been ranked the third best mining investment destination in Africa, according to the latest Fraser Institute Annual Survey of Global Mining Investors. This marks a significant improvement, as the country has moved up from 12th to third position. The 2023 report surveyed investors’ opinions on 86 mining jurisdictions worldwide. The Zambia Chamber of Mines expressed satisfaction with the country’s progress in becoming more competitive for mining investment. Chamber President Godwin Beene highlighted the importance of the next step: reforming the overall mining regulatory framework to align with global… Read More Here
Gas Shortage Forces Rio Tinto to Declare Force Majeure on Queensland Alumina Cargoes 7 International 

Gas Shortage Forces Rio Tinto to Declare Force Majeure on Queensland Alumina Cargoes

Constance
Rio Tinto Group has declared force majeure on alumina shipments from its refineries in Queensland, Australia, due to a gas shortage impacting its operations, according to sources familiar with the situation. The company notified clients on Monday, the sources said, requesting anonymity due to the private nature of the information. Rio Tinto produces alumina, the raw material for aluminum, at its Yarwun refinery and at Queensland Alumina, a joint venture with Russia’s United Co. Rusal International. The refineries have struggled to maintain operations because of a regional gas shortage. In… Read More Here
Zimbabwe lithium miners table refinery plans under govt pressure 8 International Battery Metals Lithium 

Zimbabwe lithium miners table refinery plans under govt pressure

Constance
Four lithium mining companies have tabled plans to produce battery-grade lithium in Zimbabwe, a government official said on Monday. Zimbabwe, Africa’s top producer of lithium, which is used in electric vehicle batteries and to store renewable energy, is prodding miners to refine the mineral locally as it hopes to boost its economy. Currently, Chinese lithium miners, who dominate the sector in Zimbabwe, only produce lithium concentrates which they ship to China for further processing. Last November, Zimbabwe’s finance minister Mthuli Ncube said the government had given miners up to March… Read More Here
Easing Sanctions on Dan Gertler Sparks Controversy in U.S. Congress 9 Mining in DRC 

Easing Sanctions on Dan Gertler Sparks Controversy in U.S. Congress

Constance
The recent announcement of easing American sanctions on businessman Dan Gertler has ignited controversy within the United States Congress. Despite Gertler being required to relinquish his mining assets in the Democratic Republic of Congo (DRC), some lawmakers oppose the move. In a letter dated May 21, 2024, sent to Secretaries Anthony Blinken and Janet Yellen, a group of U.S. Congress members argued that lifting sanctions on the Israeli billionaire would violate U.S. law, particularly concerning transparency and anti-corruption efforts. “We believe his potential delisting would seriously undermine the strength of… Read More Here
Rwanda Considers Stricter Penalties to Combat Illegal Mining Under New Bill 10 Mining in DRC Artisanal mining 

Rwanda Considers Stricter Penalties to Combat Illegal Mining Under New Bill

Constance
Rwanda is once again contemplating stringent measures to curb illegal mining and mineral trade offenses with the introduction of the new Mining and Quarrying Operations Bill. This move follows increased pressure from the Democratic Republic of Congo (DRC) and the international community, which have accused Rwanda of facilitating the laundering of minerals stolen from the DRC and fueling conflict in Eastern Congo to exploit these resources illicitly. Judith Uwizeye, Minister to the President of the Republic, highlighted the need to amend the existing 2018 law to impose harsher penalties that… Read More Here

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