Congolese Gold Prices Rise Slightly Amid Global Market Sensitivities During the week of November 11 to 16, 2024, the price of gold in the Democratic Republic of Congo (DRC) experienced a modest increase of 0.07%, climbing to $88.72 per gram from $88.66 the previous week, according to a report byContinue Reading
Carter Center Report Exposes Weak Social Commitments by DRC Mining Companies A November 2024 report by the Carter Center, White Paper on the Specifications of Mining Companies in the DRC, has unveiled major deficiencies in the social and sustainable development commitments of mining companies operating in the Democratic Republic ofContinue Reading
Chinese Mining Companies Launch Association to Strengthen Zambia’s Mining Sector Chinese mining companies operating in Zambia have officially launched the Chinese Mining Enterprises Association in Zambia (CMEAZ), aiming to enhance their role in the country’s mining industry. The launch event, held on Tuesday, was attended by Chinese Ambassador to ZambiaContinue Reading
Carter Center Report Reveals Gaps in DRC Mining Companies’ Social Responsibility Commitments A recent study by the Carter Center, published in November 2024, titled White Paper on the Specifications of Mining Companies in the DRC, highlights significant shortcomings in mining companies’ efforts to meet their social responsibility commitments, particularly regardingContinue Reading
Zambia is moving forward with plans to tap into alternative hydropower sources along the Zambezi River as part of a broader strategy to support the growing energy needs of its mining industry. At the Critical Minerals Africa 2024 summit, Sokwani William Chilembo, CEO of the Zambia Chamber of Mines, highlightedContinue Reading
Construction is now underway on Zambia’s first two Gold Mining Centers in the Rufunsa and Mumbwa districts, with a completion goal set for the end of the year. These new centers are part of a bold government strategy to elevate Zambia’s gold mining industry, improve resource management, and empower localContinue Reading
London-listed Arc Minerals has announced copper mineralization at every target drilled in its joint venture (JV) copper project with Anglo American in Zambia. The companies have identified priority targets for further exploration, with drilling planned to continue through Zambia’s rainy season. One particularly high-priority target near Muswema has gained attentionContinue Reading
Diversified metals producer Jubilee Metals has reported significant growth in its South African operations, with production increases in chrome and platinum group metals (PGMs) during the first quarter of FY 2025. The company’s well-established South African operations consistently exceeded targets. For the quarter ending September 30, chrome concentrate production roseContinue Reading
Price volatility in copper, cobalt, gold, and oil could threaten the DRC’s 2025 Finance Law, currently under parliamentary review. Draft law document 8 indicates that fluctuations in global commodity prices may disrupt the budget, as mining and hydrocarbons comprise nearly all of the DRC’s exports. Between 2019 and 2023, copper,Continue Reading
Diamond production in the Democratic Republic of Congo (DRC) remains largely artisanal, as shown by recent provisional data from the Ministry of Mines’ Technical Unit for Coordination and Mining Planning (CTCPM). In the first half of 2024, artisanal miners produced 3,319,025 carats, making up nearly 68% of the nation’s totalContinue Reading
