Sandvik to Acquire ThoroughTec Simulation to Expand Mining Training Solutions 1 International Corporate News Mergers & Acquisitions 

Sandvik to Acquire ThoroughTec Simulation to Expand Mining Training Solutions

Sandvik Acquires South Africa’s ThoroughTec to Strengthen Digital Mining and Operator Training Capabilities Sandvik has announced the acquisition of South Africa-based ThoroughTec Simulation, a specialist in advanced mining equipment simulators and training management systems. The company will be integrated into Sandvik’s Parts and Services division within its Mining business area. The transaction, expected to close in the second quarter of 2026 subject to customary regulatory approvals, will enhance Sandvik’s digital mining ecosystem and aftermarket service offering. The purchase price was not disclosed. Strengthening Operator Training and Safety ThoroughTec develops OEM-agnostic… Read More Here
Rio Tinto and Glencore Abandon Plans for $232 Billion Mining Mega-Merger 2 International Corporate News Mergers & Acquisitions 

Rio Tinto and Glencore Abandon Plans for $232 Billion Mining Mega-Merger

Rio Tinto and Glencore Call Off $232 Billion Merger Talks Amid Governance and Valuation Disputes Rio Tinto and Glencore have terminated discussions over a proposed mega-merger that would have created the world’s largest mining company, with a combined market value of approximately $232 billion. The collapse comes just ahead of a deadline for Rio Tinto to submit a firm offer. After nearly a year of intermittent negotiations, talks broke down within 24 hours, with Rio announcing it was no longer pursuing a merger or other business combination with Glencore, citing… Read More Here
Zimbabwe to Launch Africa’s First Lithium Sulphate Plant at Bikita Mine 3 International Battery Metals Lithium 

Zimbabwe to Launch Africa’s First Lithium Sulphate Plant at Bikita Mine

Zimbabwe to Commission Africa’s First Lithium Sulphate Plant, Strengthening Its Role in the Global EV Battery Supply Chain Zimbabwe is preparing to inaugurate Africa’s first lithium sulphate processing plant, marking a significant milestone in the country’s mineral beneficiation strategy. The facility is being developed by Prospect Lithium Zimbabwe (PLZ), the country’s largest lithium producer, with financial backing from Zhejiang Huayou Cobalt Co. The plant, located at Huayou’s Bikita Mine in southeastern Zimbabwe, has attracted approximately US$500 million in investment and has now reached the equipment commissioning phase a key step… Read More Here
DRC Positions Itself as a Central Player in Africa’s Mining Transformation at Mining Indaba 2026 4 Mining in DRC Events & Expos 

DRC Positions Itself as a Central Player in Africa’s Mining Transformation at Mining Indaba 2026

DRC Signals Strong Commitment to Sustainable Mining and Strategic Partnerships at Mining Indaba 2026 The Democratic Republic of Congo (DRC) made a strong showing at the Investing in African Mining Indaba 2026 Ministerial Symposium, affirming its ambition to play a central role in the transformation of Africa’s mining sector. Speaking in Cape Town, Congolese authorities delivered a clear and consistent message: political stability, strategic partnerships, and sustainable resource development now form the cornerstone of the country’s mining vision. Addressing the ministerial plenary session themed “Investing in Africa: Mobilizing Capital through… Read More Here
Copper Prices Rebound as Global Demand Strengthens and DRC Eyes Strategic Gains 5 Mining in DRC Copper Economy 

Copper Prices Rebound as Global Demand Strengthens and DRC Eyes Strategic Gains

Copper Prices Recover in Early 2026 as Demand from Energy and Digital Sectors Accelerates After several weeks of decline, copper one of the Democratic Republic of Congo’s (DRC) most important mineral exports is showing a clear recovery on international markets at the start of February 2026. According to projections from the National Market Commission of the Congolese Ministry of Foreign Trade, copper prices are expected to average USD 13,347.90 per tonne for the period from February 9 to 14, 2026, up from USD 12,943 per tonne the previous week. This… Read More Here
Gécamines Overhaul Positions the DRC at the Heart of Global Strategic Minerals 6 Mining in DRC Corporate News Events & Expos 

Gécamines Overhaul Positions the DRC at the Heart of Global Strategic Minerals

DRC Unveils Gécamines Strategy to Strengthen Governance and Capture More Value from Strategic Minerals The Democratic Republic of Congo (DRC) is seeking to establish exemplary governance of its strategic minerals, ensuring their exploitation aligns with sustainable development goals and national economic sovereignty. Central to this ambition is the transformation of Gécamines, the state-owned mining company, from a passive asset holder into an active and influential market player. Speaking at the Investing in African Mining Indaba in South Africa, Gécamines Director General Placide Nkala outlined six strategic pillars guiding the company’s… Read More Here
CKM Newsletter 09-02-2026 7 Uncategorized 

CKM Newsletter 09-02-2026

        The DRC & ZMB’s Top Mining News Platform CKM’s Mining Updates to Recharge Your Week       Zambia Seeks New Mining Investment and Jobs as President Hichilema Addresses Mining Indaba… President Hakainde Hichilema delivered the keynote address at Mining Indaba 2026 in Cape Town, Africa’s largest mining investment conference, as Zambia intensifies efforts to attract new capital into its mining sector and create jobs for its citizens. The President’s message at the forum is clear: increased mining investment is central to job creation and economic… Read More Here
DRC Mining Sector Enters New Era with Worker Ownership Mandate 27 Mining in DRC 

DRC Mining Sector Enters New Era with Worker Ownership Mandate

DRC Mining Reform: Minister Kabamba Enforces Mandatory 5% Congolese Worker Ownership in Mining Companies In the Democratic Republic of Congo (DRC), the mining sector is entering a new phase of governance and accountability. Minister of Mines Louis Watum Kabamba has announced the strict enforcement of legal provisions that guarantee Congolese workers a direct stake in the capital of mining companies operating in the country. Citing Article 71 bis of the Mining Code and Article 144 bis of the Mining Regulations, Minister Kabamba reiterated that it is legally mandatory for all… Read More Here
President Hichilema Highlights Strategic Partnerships at Mining Indaba 2026 28 Mining in Zambia Events & Expos 

President Hichilema Highlights Strategic Partnerships at Mining Indaba 2026

Resources Key to Revitalising Africa, Mining Indaba Hears CAPE TOWN, 9 February 2026 – Africa’s resource wealth has the potential to drive unprecedented prosperity but only when harnessed through strategic partnerships, Zambian President Hakainde Hichilema told delegates at the Investing in African Mining Indaba 2026. Delivering the keynote speech on the opening day of the continent’s largest mining investment event, President Hichilema emphasized that mining is central to revitalizing Africa and securing its rightful place in the global economy. Drawing on Zambia’s experience, President Hichilema outlined how his government had… Read More Here
Gold Discovery Confirmed in Zambia’s Nakonde District 29 Mining in Zambia Gold 

Gold Discovery Confirmed in Zambia’s Nakonde District

Zambia Confirms New Gold Discovery in Nakonde District Following Mpika and Shiwan’andu Finds Nakonde District has become the third area in Zambia to record a newly confirmed mineral discovery, following similar announcements in Mpika and Shiwan’andu districts. The latest find involves the identification of gold-bearing material during ongoing exploration activities in the region. According to available information, the deposit is considered significant enough to merit commercial interest and has been classified as a new gold mine. However, authorities have not disclosed estimates regarding the size of the deposit or the… Read More Here

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