Zimbabwe is tightening its grip on its lithium industry as it moves to ban the export of lithium concentrates by 2027, stepping up efforts to build a robust local processing sector and capture more value from the strategic mineral. The announcement was made by Mines Minister Winston Chitando on Tuesday,Continue Reading
First Quantum Minerals (FQM) is nearing completion of its US$1.25 billion Kansanshi S3 Expansion Project in Solwezi, Zambia, now 92% finished and on track for commissioning in August 2025. Announced three years ago, the S3 project marks a bold investment in one of Zambia’s largest copper operations. It also complementsContinue Reading
KINSHASA – The Democratic Republic of Congo (DRC) has unveiled an ambitious $58 billion national infrastructure master plan, tied to a landmark $500 billion partnership with the United States—a move that could reshape not only the country’s economy but the wider Central African region. Announced on May 27, 2025, byContinue Reading
The Central Bank of Congo (BCC) is turning up the heat on the country’s powerful mining and oil sectors, introducing massive fines to enforce long-ignored foreign exchange regulations. In a dramatic move aimed at curbing capital flight and stabilizing the weakening Congolese franc, the BCC has hiked penalties by moreContinue Reading
The Investing in African Mining Indaba (MI26), Africa’s most influential and transformative platform for mining leadership, investment, and innovation, has announced its 2026 theme, “Stronger together: Progress through partnerships.” This bold direction reflects the urgent need for collaboration across the continent to fast-track untapped growth opportunities across the entire miningContinue Reading
Controversial Assets May Have Shifted to Zimbabwe Amid Sanctions Zimbabwe’s state-linked mining giant Kuvimba Mining House is on the hunt for a massive $950 million in fresh capital to supercharge its gold and lithium production, according to CEO Trevor Barnard, who spoke at a high-profile mining conference in Victoria Falls.Continue Reading
Zambia’s ongoing mining sector reforms are beginning to yield visible economic benefits, including a stronger Kwacha and renewed investor optimism, according to the Advocates for National Development and Democracy (ANDD). ANDD Executive Director Samuel Banda pointed to the recent appreciation of the Kwacha—now trading at around 26.7 per US dollar—asContinue Reading
The Zambian Parliamentary Committee on National Economy, Trade, and Labour Matters has conducted an oversight tour of First Quantum Minerals’ (FQM) Kansanshi Mining PLC and FQM Trident operations in the North-Western Province. The visit formed part of the committee’s mandate to monitor key national investments and better understand their impactContinue 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
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
