Kizito Pakabomba, the Democratic Republic of Congo’s Minister of Mines, welcomed the launch of the National Dialogue on Mining Governance, which began on Tuesday, April 15, 2025. Organized by the Crisis Committee for Peace and Security (CCPS-RDC), a coalition of civil society organizations, the dialogue addresses mining governance amid ongoingContinue Reading
Erik Prince, the controversial founder of Blackwater and a well-known ally of former U.S. President Donald Trump, has struck a deal with the Democratic Republic of Congo (DRC) to help the country clamp down on rampant mineral smuggling and reclaim lost revenue. The agreement, signed with Congo’s Ministry of FinanceContinue Reading
Alphamin Resources has resumed tin production at its Bisie mine in eastern Democratic Republic of Congo after M23 rebels withdrew from the nearby town of Walikale. The company announced that it is currently processing stockpiled tin ore, with full underground mining operations expected to restart later this month as employeesContinue Reading
Tanzania and the Democratic Republic of Congo (DRC) have agreed to allocate land for the development of dry ports in both countries, aiming to improve regional trade and logistics. The agreement was reached during bilateral meetings held in Lubumbashi from April 3 to 5, 2025. Under the deal, each countryContinue Reading
Following President Félix Tshisekedi’s 2023 visit to Botswana, a Congolese delegation led by Joëlle Kabena, Coordinator of the State Financial Support Project Management Unit for the Revival of MIBA Activities (UGP-MIBA), visited Gaborone from March 17 to 22, 2025. The mission aimed to draw lessons from Botswana’s world-renowned success inContinue Reading
LUSAKA – ZCCM Investments Holdings Plc (LUSE: ZCCM-IH) has notified its shareholders and the public about ongoing confidential arbitration proceedings initiated by Trafigura Pte Limited. The arbitration, filed under the London Court of International Arbitration (LCIA) Rules 2020 on February 24, 2024, follows a payment demand issued by Trafigura onContinue Reading
Zimbabwe’s deepening liquidity crisis is exacerbating the economy’s reliance on the US dollar, undermining the effectiveness of the gold-backed Zimbabwe Gold (ZiG) currency, introduced nearly a year ago. Launched on April 8, the ZiG was Zimbabwe’s sixth attempt since 2009 to establish a functional local currency, aiming to replace theContinue Reading
While others race to the moon and back, the Faroe Islands space program takes a bold new step in space exploration—without ever leaving Earth. One of the largest bearing manufacturers SKF, and ocean energy developer Minesto are launching a space program to harness the Moon’s energy by leveraging the powerContinue Reading
China Molybdenum Co. Ltd. (CMOC), a leading mining company, has achieved a remarkable milestone in 2024, with its operations at Tenke Fungurume Mining (TFM) and Kisanfu Mining (KFM) in the Democratic Republic of Congo (DRC) playing a key role in the company’s record growth. These achievements further cement CMOC’s positionContinue Reading
The Zambian government has praised First Quantum Minerals (FQM) for its continued efforts to advance gender equality within the mining sector, ensuring women and girls have equal opportunities to contribute to the nation’s economic growth. During the 2025 International Women’s Day celebrations, themed “For All Women and Girls: Rights. Equality.Continue Reading
