The Democratic Republic of Congo (DRC) has classified certain mining sites in Masisi (North Kivu) and Kalehe (South Kivu) as “Red” zones, citing security concerns and the illicit trade of minerals. The Minister of Mines, Kizito Pakabombe, signed the ministerial order on February 12, 2025, placing restrictions on these areasContinue Reading
HARARE – Zimbabwe earned US$209 million from lithium exports in the first nine months of 2023, nearly treble last year’s earnings, Mines Minister Zhemu Soda said on Wednesday, as Chinese-driven mining and processing projects take off. Africa’s top lithium producer, Zimbabwe hopes demand for the mineral, which is key forContinue Reading
The scramble for Africa’s vast copper resources took a surprising turn this week as talks between the United Arab Emirates’ (UAE) International Resources Holding (IRH) and Vedanta Resources Ltd. collapsed. The breakdown in negotiations cantered around Vedanta’s prized Konkola Copper Mines (KCM) in Zambia, a copper behemoth that has attractedContinue Reading
Next month, over 400 delegates from around the world will gather in Zambia’s Copperbelt region for the highly anticipated 12th annual Zambia International Mining and Energy Conference and Exhibition (ZIMEC). Scheduled for March 19th-20th in Kitwe, the event promises to be a key platform for both the Zambian government andContinue Reading
HARARE – In a bid to support the struggling lithium industry, Zimbabwe has relaxed its previously strict requirements for miners to process lithium locally, a government official confirmed on Thursday. The move comes as the global lithium market grapples with a sharp price slump, impacting producers in the country. Zimbabwe,Continue Reading
Over 300 workers at the RZM Murowa diamond mine in Mazvihwa, Midlands province, have gone on strike after not being paid for two months. The workers officially began their strike on Monday, citing a range of grievances, including unfair labor practices, lack of spare parts for equipment repairs, absence ofContinue Reading
HARARE – Zimbabwe is forecasting a strong economic growth rebound, expecting a rise to 6 percent in 2025, up from just 2 percent this year. The recovery will be driven by improved agricultural performance and enhanced power generation, following the impacts of a severe drought, according to Finance Minister MthuliContinue Reading
President Hakainde Hichilema has completed a fruitful working visit to Japan, aimed at attracting investment to spur Zambia’s economic growth and enhance the well-being of its citizens. The visit included a key meeting with Japanese Prime Minister Shigeru Ishiba and participation in a business forum showcasing Zambia’s investment potential. InContinue Reading
Kizito Pakabomba, Minister of Mines for the Democratic Republic of Congo (DRC), has strongly condemned the ongoing exploitation of his country’s mineral resources by Rwanda, allegedly under the guise of the M23-AFC rebel group. Speaking at the Mining Indaba in Cape Town, South Africa, on February 2, Pakabomba labeled Rwanda’sContinue Reading
Industrial Resources Limited (IRL), a subsidiary of Zambia’s Industrial Development Corporation (IDC), has entered into a strategic partnership with Barrick Gold Corporation, a global mining leader, to drive exploration and development in Zambia’s thriving mining sector. The collaboration aims to unlock Zambia’s rich mineral resources, support the country’s mining growthContinue Reading
