Zimbabwe’s mining laboratories are grappling with backlogs as a gold production boom fuels a surge in exploration activity, driven by record global prices. Gold prices hit an all-time high of $3,500 per ounce in April 2025, spurred by geopolitical tensions, aggressive central bank buying, and global economic uncertainty—further intensified byContinue Reading
The Democratic Republic of Congo (DRC) exported 1,057.88 kilograms of legally mined artisanal gold between January and June 2025, according to data released by DRC Gold Trading SA on its official X (formerly Twitter) account in July. The company highlighted that the results underscore the potential of selling Congolese goldContinue Reading
Kamoto Copper Company (KCC) has dismissed recent reports suggesting it plans to sell three of its artisanal mining sites in Lualaba Province. In a statement released on Thursday, August 7, 2025, the company stressed that no such agreement exists. “KCC has made no such commitment,” the statement read, reaffirming theContinue Reading
The Ventora Group has strongly refuted the findings of a recent report by the “Congo Is Not for Sale” (CNPAV) coalition, which scrutinizes the sale of the Mutanda Mining Project in the Democratic Republic of Congo (DRC). In a press release issued on August 1, 2025, Ventora denounced the reportContinue Reading
Targeting 10,000-Tonne Annual Boost in 2026 as Company Consolidates Zambian Footprint Jubilee Metals Group is rapidly advancing its copper operations in Zambia, with the company confirming that all foundational assets are now in place to support its long-term copper growth strategy. CEO Leon Coetzer announced that Jubilee is well-positioned toContinue Reading
Kibali gold mine, the largest in Africa and a flagship operation for Barrick Gold Corporation (NYSE: GOLD), is set to extend its production horizon beyond the current 10-year plan following promising new exploration results in the Democratic Republic of Congo (DRC). According to Barrick, recent drilling along the ARK-KCD corridorContinue Reading
Kinshasa, DRC – The Democratic Republic of Congo (DRC) has taken a decisive step to reform its outdated hydrocarbon legal framework, launching a comprehensive review aimed at aligning national policy with global energy trends and investor expectations. On Thursday, July 31, 2025, Minister of Hydrocarbons Aimé Sakombi Molendo convened aContinue Reading
Kinshasa, DRC – Confidence in the Democratic Republic of Congo’s (DRC) economic future is on the rise, following a strong show of support from one of Africa’s largest financial institutions. On July 24, 2025, Standard Bank Group reaffirmed its commitment to investing in the DRC, despite persistent security concerns inContinue Reading
Tensions escalate over control of Manono project as KoBold Metals strikes deal with Kinshasa Australia-based AVZ Minerals has accused the government of the Democratic Republic of Congo (DRC) of breaching an international arbitration order by entering into a new agreement with KoBold Metals, a U.S.-backed company, to develop a keyContinue Reading
Zimbabwe secures legal victory as US court rules it lacks jurisdiction in decade-old arbitration dispute. A U.S. federal appeals court has dismissed a long-running case filed by two Mauritian firms against Zimbabwe’s state-owned mining company, delivering a significant legal victory for Harare in a $93 million international dispute. The U.S.Continue Reading
