Zambia is taking a bold step toward renewable energy with a $500 million solar drive that aims to bring clean power to 130,000 households. Spearheaded by ZESCO, the state-owned utility, the initiative is part of a broader Presidential Solar Directive to expand access to sustainable electricity and build energy resilienceContinue Reading
Gemfields has announced $16.4 million in revenue from its recent auction of commercial-quality rough emeralds mined from its 75%-owned Kagem operation in Zambia. The sale, held in Jaipur, India, from April 11 to 29, saw 32 of 36 lots sold at an average price of $6.87 per carat. The resultsContinue Reading
The United States has reiterated its backing for the Lobito Corridor, a major infrastructure project linking the Democratic Republic of Congo (DRC) to Angola’s Atlantic coast, aimed at enhancing regional trade and unlocking the DRC’s mineral wealth. During an April 17, 2025 visit to the DRC, U.S. Senior Advisor MassadContinue Reading
Gold prices are on track to exceed $4,000 per ounce in 2026, according to a JP Morgan forecast released on April 22, 2025. The bank cited rising U.S. recession risks and escalating trade tensions with China as key drivers behind the bullish outlook. JP Morgan expects gold to average $3,675Continue Reading
The Democratic Republic of Congo’s Ministry of Foreign Trade has released updated export prices for the week of April 21, 2025, revealing a mixed performance among key mining commodities. Gold and copper saw price increases following a week of declines. Gold rose to $103.32 per gram from $99.34, while copperContinue Reading
Zimbabwe’s central bank has resumed the sale of gold coins, nearly a year after suspending the program, as part of efforts to stabilize the local currency and rebuild market confidence. The move comes amid ongoing pressure on the recently introduced ZiG currency, which has struggled due to economic mismanagement, accordingContinue Reading
At least 10 people have been killed following the collapse of a gold mine in the eastern Democratic Republic of Congo, local authorities confirmed. The incident occurred at the Luhihi mine in South Kivu province. Douglas Dunia Masumbuko, the M23-appointed governor of South Kivu, attributed the collapse to “uncontrolled constructionContinue Reading
Zimbabwe’s latest attempt at monetary reform—the ZiG currency—is facing a slow but steady decline, not through hyperinflation as in past cases, but through growing public indifference and policy shortcomings, according to Imara Asset Management, the country’s oldest independent brokerage firm. Launched in 2024, the ZiG represents Zimbabwe’s sixth currency reformContinue Reading
Sustainable farming is underpinned by minimised input costs and maximised yields, which can be achieved through adopting simple practices, such as regular cleaning of agricultural equipment. Atlas Copco’s rugged, compact and versatile U190 PACE diesel compressor is an essential equipment maintenance tool for crop farmers. The machine optimises the cleaningContinue Reading
“To introduce and lead our game-changing technology.” This is the vision of Sabelo Dube, Electrical Technician for Atlas Copco Power Technique’s Service division – PTS. Having successfully attained his National Diploma in Engineering, his Electrical Trade Test as well as his Wireman’s Licence, Sabelo kicked off his career journeyContinue Reading
