Global mining giant Barrick Gold has solidified its commitment to Zambia, signing a strategic memorandum of understanding (MoU) with the government’s Industrial Resources Limited (IRL). This move signals a significant push to bolster exploration and mining activities in the mineral-rich nation, aligning with Zambia’s ambitious goal of tripling its copperContinue 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
In a major shake-up of the global minerals market, the Authority for the Regulation and Control of Strategic Mineral Substances Markets (ARECOMS) has announced a four-month suspension of cobalt exports from the Democratic Republic of Congo (DRC), starting February 22, 2025. This decision is aimed at curbing the global oversupplyContinue Reading
Canadian exploration company Loncor has unveiled promising results from its deep drilling program at the Adumbi Gold Mine in the Democratic Republic of Congo (DRC), confirming high-grade gold deposits at various depths. The latest drilling data revealed significant gold intersections, including:✅ 26.94 grams per ton (g/t) at 0.45 meters✅ 5.82Continue Reading
Gemfields recently conducted a mini auction to sell emeralds from its Kagem mine in Zambia. These gems had remained unsold from a previous sale due to strong competition from another producer offering similar stones at lower prices. Held between February 19 and 21, the auction generated $4.8 million from theContinue 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
The North-Western Division of the Zambia Police has reaffirmed its commitment to supporting First Quantum Minerals Limited (FQML) and its mining operations in the region. During a recent courtesy visit to FQML’s Trident Limited site in Kalumbila—home to the Sentinel Copper and Enterprise Nickel Mines—a high-level police delegation led byContinue Reading
Water levels at Lake Kariba are slowly increasing due to the ongoing rainy season, raising cautious optimism for improved hydropower generation in the coming months. However, despite this gradual rise, current levels remain significantly lower than those recorded at the same time last year, according to the latest data fromContinue 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
