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
Rwanda and the Democratic Republic of Congo (DRC) are edging closer to finalizing a landmark economic framework designed to reform mineral supply chains, strengthen regional cooperation, and attract global investment. The initiative, developed with support from the United States and other international partners, follows the peace agreement signed in WashingtonContinue Reading
Kalumbila, Zambia — First Quantum Minerals (FQM), through its Trident operation, has unveiled Kwanzangana, a pioneering Corporate Social Investment (CSI) model designed to place communities at the heart of development and ensure mining benefits are shared more equitably. The initiative takes its name from the Lunda word for “sharing,” reflectingContinue Reading
In Zambia’s North-Western Province, Kansanshi Mine stands tall as the country’s largest copper producer. But while copper dominates its output, it is gold — recovered as a by-product — that has become central to Zambia’s economic strategy. For almost two decades, Kansanshi has poured its gold into doré bars, withContinue Reading
U.S. Gold Corp. has selected Glencore Technology’s Jameson Cell flotation system to improve gold and copper recovery at its flagship CK Gold Project in Wyoming. The decision follows extensive engineering, optimization, and trade-off studies conducted as part of the project’s Definitive Feasibility Study (DFS) and execution plan. Partnership with GlencoreContinue Reading
Zambia and Botswana have signed a landmark agreement to expand and modernize trade infrastructure at the Kazungula Bridge, a critical transport gateway for Southern Africa. The move is expected to ease congestion, cut freight delays, and unlock new trade opportunities across the region. Cutting Delays, Saving Millions Transport and LogisticsContinue Reading
Kinshasa — The Democratic Republic of Congo’s new central bank governor, Andre Wameso, has unveiled an ambitious strategy to restore confidence in the Congolese franc (CDF) and curb the country’s overwhelming reliance on the US dollar. Today, nearly 90% of all transactions in the DRC are conducted in dollars, makingContinue 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
