CKM Newsletter 15-01-2024 | FQM Affirms Continued Ownership of Zambian Mines, Dismisses Sale Speculations.
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The company clarified that it has no ongoing discussions with Chinese State-owned Jiangxi Copper Corporation, or any other entity, regarding the sale of its Zambian operations…
First Quantum Minerals (FQM), centered on Zambia, has refuted claims of its intention to sell any share of its copper mines within the country. FQM boasts an 80% ownership of the Kansanshi copper mine and smelter in Solwezi, alongside complete ownership of the Sentinel copper and Enterprise nickel mines located in the Kalumbila district. In response to what it labels as “baseless rumors,” the company… Read full details
In this copper-cobalt El Dorado, two giants of the sector, namely the Chinese CMOC and the Swiss Glencore, are waging a merciless battle…
At a time of energy transition, there is a real rush towards the mining sector of the Democratic Republic of Congo, whose contribution to the national economy is no less. However, in this copper-cobalt El Dorado, two giants of the sector, namely the Chinese CMOC and the Swiss Glencore, are waging a merciless battle, centered on competitiveness. Thanks to its Kisanfu copper-cobalt mine based in the… Read the full article
Affirma Capital, the former private equity branch of Standard Bank, announced a $145 million investment in the Copperbelt Energy Corporation (CEC)…
The Democratic Republic of Congo (DRC) and Zambia are the two leading copper producers in Africa. While the electricity supply for mines remains a challenge in these two countries, the investment announced by Affirma Capital can contribute to improving the situation. On January 8, Affirma Capital, the former private equity branch of Standard Bank, announced a $145 million investment in the Copperbelt Energy Corporation (CEC)… Read full details
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Technical Coordination and Mining Planning Unit (CTCPM), presented numerous investment opportunities in the DRC’s mining sector...
The Democratic Republic of Congo was highlighted at the Future Minerals Forum 2024 conference, which took place in Riyadh, Saudi Arabia. Dieudonné-Louis Tambwe, an expert in mining issues and the coordinator of the Technical Coordination and Mining Planning Unit (CTCPM), presented numerous investment opportunities in the DRC’s mining sector during the session dedicated to the country. In his speech… Read full details
Zambia’s Mining Licensing Committee recently sanctioned 118 artisanal mining rights for Cooperatives…
In a stride toward enhancing artisanal mining, Zambia’s Mining Licensing Committee recently sanctioned 118 artisanal mining rights for Cooperatives. This amplifies the count of issued rights for Cooperatives to 206 in the ongoing year. According to Samuel Maango, the Mining Cadastre Department Director, the initial approval of 88 artisanal mining rights for Cooperatives dates back to October 202… Read full details
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