AIM-listed Shuka Minerals is making bold strides toward acquiring and reviving the Kabwe zinc mine in Zambia, backed by a newly appointed board steering the process forward. In a February 14 update, CEO Richard Lloyd reaffirmed the company’s commitment to unlocking Kabwe’s full potential. He highlighted strong backing from potentialContinue Reading
Global miner and commodity trader Glencore has confirmed that it turned down an unsolicited bid for its operations in the Democratic Republic of Congo (DRC) at the end of last year. “Glencore has not engaged any banks or advisors and is not running a sale process for its operations inContinue Reading
Zambia’s Minister of Transport and Logistics, Hon. Frank Tayali, has highlighted the Lobito Corridor Project as a game-changing initiative that will establish Zambia as a leading hub for electric vehicle (EV) battery production and assembly. Speaking at the Lobito Corridor Stakeholder Discussion during the recent Mining Indaba in South Africa,Continue Reading
The Democratic Republic of Congo (DRC) has classified certain mining sites in Masisi (North Kivu) and Kalehe (South Kivu) as “Red” zones, citing security concerns and the illicit trade of minerals. The Minister of Mines, Kizito Pakabombe, signed the ministerial order on February 12, 2025, placing restrictions on these areasContinue Reading
HARARE – Zimbabwe earned US$209 million from lithium exports in the first nine months of 2023, nearly treble last year’s earnings, Mines Minister Zhemu Soda said on Wednesday, as Chinese-driven mining and processing projects take off. Africa’s top lithium producer, Zimbabwe hopes demand for the mineral, which is key forContinue Reading
The scramble for Africa’s vast copper resources took a surprising turn this week as talks between the United Arab Emirates’ (UAE) International Resources Holding (IRH) and Vedanta Resources Ltd. collapsed. The breakdown in negotiations cantered around Vedanta’s prized Konkola Copper Mines (KCM) in Zambia, a copper behemoth that has attractedContinue Reading
Next month, over 400 delegates from around the world will gather in Zambia’s Copperbelt region for the highly anticipated 12th annual Zambia International Mining and Energy Conference and Exhibition (ZIMEC). Scheduled for March 19th-20th in Kitwe, the event promises to be a key platform for both the Zambian government andContinue Reading
HARARE – In a bid to support the struggling lithium industry, Zimbabwe has relaxed its previously strict requirements for miners to process lithium locally, a government official confirmed on Thursday. The move comes as the global lithium market grapples with a sharp price slump, impacting producers in the country. Zimbabwe,Continue Reading
Over 300 workers at the RZM Murowa diamond mine in Mazvihwa, Midlands province, have gone on strike after not being paid for two months. The workers officially began their strike on Monday, citing a range of grievances, including unfair labor practices, lack of spare parts for equipment repairs, absence ofContinue Reading
HARARE – Zimbabwe is forecasting a strong economic growth rebound, expecting a rise to 6 percent in 2025, up from just 2 percent this year. The recovery will be driven by improved agricultural performance and enhanced power generation, following the impacts of a severe drought, according to Finance Minister MthuliContinue Reading
