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
At the close of the National Dialogue on Mining Governance and Conflict in the DRC and Great Lakes Region, Patient Bashombe, Chief Moderator of the Crisis Committee for Peace and Security in the DRC (CCPS-RDC), welcomed the government’s recent move to negotiate directly with the United States on responsible miningContinue 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
The Pan-African Anti-Corruption Network (Unis), a member of the Congo Is Not for Sale (CNPV) coalition, has released a report urging drastic reductions in government spending in the Democratic Republic of Congo (DRC). The report, published on February 24, highlights excessive costs tied to political institutions and calls for urgentContinue Reading
Zambia’s Ministry of Mines and Minerals Development has introduced the Zambia Integrated Mining Information System (ZIMIS), a state-of-the-art digital platform designed to enhance efficiency, transparency, and accountability in mining license management. Replacing the previous Cadastre System, ZIMIS aims to streamline the issuance of mining rights, directly aligning with Zambia’s goalContinue Reading
Mercury—a highly toxic chemical used to extract gold from ore—is leaving a devastating impact on people and the environment. It damages the lungs, skin, and eyes while spreading far beyond mining sites, contaminating air, water, and soil. Even worse, mercury accumulates in the food chain, posing a serious threat toContinue Reading
The Pan-African Anti-Corruption Network (Unis), a member of the Congo is Not for Sale (CNPV) coalition, has released a bold new report proposing significant cost-cutting measures within the Democratic Republic of Congo’s (DRC) government. Published on Monday, February 24, the report focuses on eliminating wasteful spending, particularly in political institutions,Continue Reading
On February 19, 2025, Democratic Republic of Congo (DRC) Finance Minister Doudou Fwamba Likunde Li-Botayi met with Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), to discuss the implementation of the Extended Credit Facility (ECF) and Resilience and Sustainability Facility (RSF) programs. The meeting took place against theContinue Reading
In 2024, mining companies poured $130.7 million into exploration activities in the Democratic Republic of Congo (DRC), according to a report from S&P Global Market Intelligence published on February 21, 2025. This significant investment accounts for 10% of the $1.3 billion allocated to mining exploration across Africa that year, positioningContinue Reading
Zimbabwe Seeks $950 Million in New Effort to Revitalize Mining Projects Zimbabwe’s state-owned mining company, Kuvimba Mining House Ltd., is launching a new bid to raise $950 million a year after the government took full control of the firm. Under the leadership of CEO Trevor Barnard, Kuvimba is seeking fundingContinue Reading
