Zambia’s ambitious plan to triple copper production by 2031 has emerged as a central pillar of the nation’s economic strategy. The roadmap, developed jointly by the World Bank Group and the Zambian government, sets out how the country can leverage its vast copper resources to drive growth and transform theContinue Reading
The Democratic Republic of Congo (DRC) has confirmed it will move forward with its new cobalt export quota system, with possible revisions only under long-term review, Mining Minister Louis Watum Kabamba announced. Speaking at a Cobalt Institute seminar in New York, Watum stressed that the government’s priority is to attractContinue Reading
Lusaka, Zambia – The United States is stepping up efforts to secure critical mineral supply chains by supporting the expansion of copper and cobalt production in Zambia, a move aimed at reducing global reliance on China. On Thursday, the US Trade and Development Agency (USTDA) awarded a US$1.4 million grantContinue Reading
Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) has announced a US$500 million strategic private placement with the Qatar Investment Authority (QIA), the sovereign wealth fund of the State of Qatar. As part of the transaction, Ivanhoe will issue 57,516,666 common shares to QIA at a price of C$12.00 per share, generatingContinue Reading
In Zambia’s North-Western Province, Kansanshi Mine has long been known as the country’s copper powerhouse. Yet, in recent years, it is gold—produced as a by-product of copper—that has become a cornerstone of Zambia’s economic strategy and financial resilience. Gold at the Heart of National Reserves Since 2021, Kansanshi has suppliedContinue Reading
The Center for Research in Public Finance and Local Development (CREFDL) has called on the Court of Auditors in the Democratic Republic of Congo (DRC) to intensify scrutiny of how mining companies are managing the mandatory 0.3% turnover allocation earmarked for local development. In a statement issued on August 28,Continue Reading
First Quantum Minerals Ltd. has dropped plans to sell minority stakes in its Zambian copper mines after securing a $1 billion gold-streaming agreement that eased pressure on its balance sheet. The Canadian miner had previously considered offloading shares in its Kansanshi and Sentinel mines following the forced closure of itsContinue Reading
The Democratic Republic of Congo’s (DRC) Mining Registry (CAMI) has assured stakeholders that the entry of American investors into the country’s mining sector will not come at the expense of existing partners, particularly Chinese companies that already dominate much of the industry. At a press conference on Thursday, August 7,Continue Reading
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
AI-driven American miner seeks exploration permits as it targets one of the world’s largest untapped lithium reserves. KoBold Metals has taken a significant step forward in its ambitions to tap into the Democratic Republic of Congo’s vast lithium potential, officially filing for exploration permits with the country’s Mining Cadastre (CAMI)Continue Reading
