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
DRC Gold Trading SA, a partnership between the Democratic Republic of Congo and the United Arab Emirates, has been forced to halt its operations due to increasing insecurity in the region, exacerbated by the occupation of parts of South Kivu by M23 rebels backed by Rwanda. Founded in January 2023,Continue Reading
Zambia has launched The Zambezi Minute, an ambitious initiative aimed at capitalizing on global demand for critical minerals while ensuring jobs, revenue, and sustainability for its citizens. A New Approach to Investment & Growth With a streamlined regulatory system, every policy will be assessed by a single guiding question: “DoesContinue Reading
Senior Congolese officials are set to visit Washington, D.C., for high-level talks on U.S.-DRC cooperation in strategic minerals, as announced by Aaron Poynton, President of the Africa-US Business Council. In a letter to Chris Smith, Chairman of the House Foreign Affairs Subcommittee on Africa, Poynton highlighted this visit as aContinue Reading
Desiderius Chapewa, Chief Geologist for Regional Mapping at the Geological Survey Department, has outlined key challenges in Zambia’s mining exploration sector, emphasizing the need for regulatory reforms to support growth and sustainability. Speaking at the recent AZMEC Forum in Kitwe during an interview with Copperbelt Katanga Mining, Mr. Chapewa stressedContinue Reading
Kolwezi, Democratic Republic of Congo – Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chairman Robert Friedland and President & Chief Executive Officer Marna Cloete have provided an update on production at the Kamoa-Kakula Copper Complex and the Kipushi zinc mine, both located in the Democratic Republic of the Congo (DRC).Continue Reading
