CKM Newsletter 14-10-2024 | Kibali Gold Mine Discovers Major Deposits, Expands Exploration in DRC...

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Mining Stories to Kick Start Your Week

Kibali Gold Mines announced significant new deposit discoveries near its plant, boosting the mine’s long-term growth prospects…

At its 54th quarterly press conference on October 8 in Kinshasa, Kibali Gold Mines announced significant new deposit discoveries near its plant, boosting the mine’s long-term growth prospects. Mark Bristow, Barrick’s Chairman and CEO, shared that these discoveries will help maintain Kibali’s status as Africa’s largest gold mine for years to come. Bristow revealed that the newly identified “ARK”…  Read full details

• Copper Demand Remains Strong Despite EV Sales Slowdown
• DRC Poised to Profit from Tin Price Surge as Alphamin Boosts Output
• Musamu Resources Calls for Manganese Processing Plant and Increased Local Participation in Zambia
• Zambia Joins Central Corridor Transit Transport Facilitation Agency to Boost Regional Trade
• Trigon Metals Hits High-Grade Copper-Silver at Namibia’s Kombat Mine

• Ghanaians Protest Against Illegal Mining, Call for Government Action
• President Hichilema Commits to Strengthening Zambia’s Mining Sector for Economic Stability
• Ivanhoe Mines Reports Q3 2024 Production Results
• DRC Oil Prices Rise 2.91% Amid Commodity Fluctuations
• Yellow Malawi and Zambia’s RDG Collective Secure $3.25 Million for Off-Grid Solar Expansion
• Cobalt Prices Hit Eight-Year Low Amid Oversupply from DRC and Indonesia
• Minister of Portfolio Visits Kamoa Copper to Assess Performance and Strengthen State Collaboration
• Zambia to Retain Majority Stake in Key Mining Projects
• Minister Kabuswe Calls for Urgent Action Against Illegal Mining in Zambia
• Zambia’s Energy Regulation Board Set to Announce Decision on ZESCO’s Emergency Tariff Adjustment
• Search Continues for Trapped Miners in Zambia’s Mumbwa Gold Mine Accident
• Caterpillar and IMA Engineering forge innovative collaboration for next-gen mining efficiency
• Copper Demand Remains Strong Despite EV Sales Slowdown

Paul Kabuswe, has announced that the country aims to increase copper production to over 1 million tonnes by the end of 2025…

Zambia’s Mines and Minerals Development Minister, Paul Kabuswe, has announced that the country aims to increase copper production to over 1 million tonnes by the end of 2025. He expressed optimism that the long-term goal of reaching 3 million tonnes by 2031 is achievable. Minister Kabuswe made these remarks during a high-level panel discussion focused on policies to meet the ambitious copper…  Read full details

The DRC is looking to attract a wider range of investors by streamlining customs and tax processes and partnering with the United Arab Emirates…

The Democratic Republic of Congo (DRC) is actively seeking new investors to diversify its mining sector, currently dominated by China, according to Mines Minister Kizito Pakabomba. The DRC, home to world-class deposits of key metals like copper and cobalt, is looking to attract a wider range of investors by streamlining customs and tax processes and partnering with the United Arab Emirates… Read full details

Patriot Lithium, has signed a binding option agreement to acquire an 80% stake in the Katwaro Copper Project, Zambia, from Array Metals and Natural Resources...

Battery metals explorer, Patriot Lithium, has signed a binding option agreement to acquire an 80% stake in the Katwaro Copper Project, Zambia, from Array Metals and Natural Resources. This strategic move aims to diversify the company’s asset portfolio and expand its jurisdictional presence. The Katwaro Project, located near Mumbwa, spans 400 hectares and includes a historical open-pit mine with… Read full details

• Ghanaians Protest Against Illegal Mining, Call for Government Action
• President Hichilema Commits to Strengthening Zambia’s Mining Sector for Economic Stability
• Ivanhoe Mines Reports Q3 2024 Production Results
• DRC Oil Prices Rise 2.91% Amid Commodity Fluctuations
• Yellow Malawi and Zambia’s RDG Collective Secure $3.25 Million for Off-Grid Solar Expansion
• Cobalt Prices Hit Eight-Year Low Amid Oversupply from DRC and Indonesia
• Minister of Portfolio Visits Kamoa Copper to Assess Performance and Strengthen State Collaboration
• Minister Kabuswe Calls for Urgent Action Against Illegal Mining in Zambia
• Zambia’s Energy Regulation Board Set to Announce Decision on ZESCO’s Emergency Tariff Adjustment

• Copper Demand Remains Strong Despite EV Sales Slowdown
• Zambia to Retain Majority Stake in Key Mining Projects
• DRC Poised to Profit from Tin Price Surge as Alphamin Boosts Output
• Musamu Resources Calls for Manganese Processing Plant and Increased Local Participation in Zambia
• Zambia Joins Central Corridor Transit Transport Facilitation Agency to Boost Regional Trade
• Trigon Metals Hits High-Grade Copper-Silver at Namibia’s Kombat Mine
• Search Continues for Trapped Miners in Zambia’s Mumbwa Gold Mine Accident
• Caterpillar and IMA Engineering forge innovative collaboration for next-gen mining efficiency

DRC plans to intensify its crackdown on companies sourcing minerals from the conflict-ridden eastern region…

The Democratic Republic of Congo (DRC) plans to intensify its crackdown on companies sourcing minerals from the conflict-ridden eastern region, where smuggling fuels one of the world’s most severe humanitarian crises. The government has already raised concerns with Apple Inc. regarding the potential connection between its sourcing of metals like tin, tantalum, and gold and the ongoing violence,... Read full details

MORE MINING STORIES YOU MIGHT HAVE MISSED

• Copper Demand Remains Strong Despite EV Sales Slowdown
• DRC Poised to Profit from Tin Price Surge as Alphamin Boosts Output
• Musamu Resources Calls for Manganese Processing Plant and Increased Local Participation in Zambia
• Zambia Joins Central Corridor Transit Transport Facilitation Agency to Boost Regional Trade
• Trigon Metals Hits High-Grade Copper-Silver at Namibia’s Kombat Mine
• Search Continues for Trapped Miners in Zambia’s Mumbwa Gold Mine Accident
• Caterpillar and IMA Engineering forge innovative collaboration for next-gen mining efficiency
• Ghanaians Protest Against Illegal Mining, Call for Government Action
• President Hichilema Commits to Strengthening Zambia’s Mining Sector for Economic Stability
• Ivanhoe Mines Reports Q3 2024 Production Results
• DRC Oil Prices Rise 2.91% Amid Commodity Fluctuations
• Yellow Malawi and Zambia’s RDG Collective Secure $3.25 Million for Off-Grid Solar Expansion
• Cobalt Prices Hit Eight-Year Low Amid Oversupply from DRC and Indonesia
• Minister of Portfolio Visits Kamoa Copper to Assess Performance and Strengthen State Collaboration
• Zambia to Retain Majority Stake in Key Mining Projects
• Minister Kabuswe Calls for Urgent Action Against Illegal Mining in Zambia
• Zambia’s Energy Regulation Board Set to Announce Decision on ZESCO’s Emergency Tariff Adjustment

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