Zimbabwe secures legal victory as US court rules it lacks jurisdiction in decade-old arbitration dispute. A U.S. federal appeals court has dismissed a long-running case filed by two Mauritian firms against Zimbabwe’s state-owned mining company, delivering a significant legal victory for Harare in a $93 million international dispute. The U.S.Continue Reading
Brokerage shift comes as the company advances a $90 million sale of South African assets and ramps up its copper expansion in Zambia. Diversified metals producer Jubilee Metals Group has announced the appointment of Shard Capital Partners as joint broker, effective immediately. The move replaces RBC Capital Markets and re-establishesContinue Reading
Chinese battery materials manufacturer Dowstone Technology has unveiled plans to invest $165 million in a new copper smelting facility in the Democratic Republic of Congo (DRC), further cementing China’s role in Africa’s copper value chain. Announced on July 3, 2025, the project aims to establish a modern plant capable ofContinue Reading
Political accord signed in Washington sets the stage for security-led development in mineral-rich eastern Congo While the landmark peace agreement signed on June 27, 2025, between the Democratic Republic of Congo (DRC) and Rwanda is not an economic deal in the traditional sense, its implications for regional growth and stabilityContinue Reading
Court of Auditors demands enforcement of legal obligations as tensions grow in resource-rich regions July 2025 | Kinshasa, DRC — Three mining companies operating in the Democratic Republic of Congo (DRC), including the prominent Anhui-Congo Mining Investment Company (SACIM), are facing possible suspension after a damning report by the CourtContinue Reading
Global supply chains are under pressure as IXM, the metals trading arm of China’s CMOC Group, declared force majeure on its cobalt contracts this week—citing a prolonged export ban by the Democratic Republic of Congo (DRC), the world’s cobalt superpower. The move follows the DRC government’s decision to extend itsContinue Reading
New Gold Trading Model Brings Transparency and Economic Growth to Eastern Congo In a groundbreaking move to formalize the artisanal gold sector, DRC Gold Trading SA has injected over $27 million into Maniema province’s economy in just two months—marking a major shift in how gold is traded in the DemocraticContinue Reading
India has sent a team of government geologists to Zambia to explore rich deposits of copper and cobalt, two minerals essential to its energy transition and rapidly growing technology sector, according to senior Indian officials. The Zambian government has granted India access to over 9,000 square kilometers (around 3,475 squareContinue Reading
Mining and Technical Exhibitions (MTE) is gearing up for another impactful over-border combo tour—this time, Zimbabwe is in the spotlight. In August, MTE will host two back-to-back exhibitions, continuing its mission to connect suppliers and industry operators across the SADC mining and industrial landscape. Two Events, Two Regions, One ObjectiveContinue Reading
IXM, the metals trading arm of China’s CMOC Group, has declared force majeure on its cobalt supply contracts following an ongoing export ban in the Democratic Republic of Congo (DRC). The move adds further pressure to an already volatile cobalt market, where prices have now slipped below $20,000 per tonne.Continue Reading
