CKM NEWSLETTER 30-01-2023 – Copperbelt Katanga Mining

Zambia plans to commence an electric vehicle battery manufacturing plant in three years’ time-Kabuswe …

Mines Minister Paul Kabuswe has urged Zambians to be patient until 2026 to assess whether the government has succeeded in managing the mining sector, which is currently in a state of flux due to efforts to reorganize the extractive industry. Mr. Kabuswe also announced that construction of an electric vehicle battery manufacturing plant will begin in the next three months, with feasibility studies … Read full details

Tantalex Lithium announces the access to a working capital finance facility of $3 million for its TiTan tin and tantalum concentrate plant in DRC….

Tantalex Lithium Resources Corp. has announced that it has closed a working capital finance facility of $3 million for its TiTan tin and tantalum concentrate plant, which is scheduled to begin production at the end of March 2023. The funds will be made available for drawdown as of February 8th, 2023. The Facility shall be repaid in installments of $125,000 per month plus the interest payable at a … Read full details

The influx of over 4,000 people in search of Gold in Luzemezi town in Eastern Province of Zambia has become a concern to the local council…

The Lumezi Town Council in Eastern Province, Zambia, has expressed concern over the unregulated gold mining activities taking place in the Kabulasisi Local Forest under Chief Kazembe’s jurisdiction. The Public Relations Officer of the Town Council, Irvin Muyumbwa, has stated that the influx of over 4,000 people to the mining site is a matter of public health concern. The Council Secretary, Mary Sinkala… Read full details

Critical Metals begun copper production at the Molulu project in the DRC after the completion of on-site preparation works…

Critical Metals has begun copper production at the Molulu project, a former copper cobalt mine in the Democratic Republic of Congo. The production launch comes after the completion of on-site preparation work and the arrival of necessary mining equipment. This is a significant development as the company aims to acquire additional assets. The mine will initially operate on a single-shift schedule… Read full details