Zambia has launched The Zambezi Minute, an ambitious initiative aimed at capitalizing on global demand for critical minerals while ensuring jobs, revenue, and sustainability for its citizens. A New Approach to Investment & Growth With a streamlined regulatory system, every policy will be assessed by a single guiding question: “DoesContinue Reading
Senior Congolese officials are set to visit Washington, D.C., for high-level talks on U.S.-DRC cooperation in strategic minerals, as announced by Aaron Poynton, President of the Africa-US Business Council. In a letter to Chris Smith, Chairman of the House Foreign Affairs Subcommittee on Africa, Poynton highlighted this visit as aContinue Reading
Desiderius Chapewa, Chief Geologist for Regional Mapping at the Geological Survey Department, has outlined key challenges in Zambia’s mining exploration sector, emphasizing the need for regulatory reforms to support growth and sustainability. Speaking at the recent AZMEC Forum in Kitwe during an interview with Copperbelt Katanga Mining, Mr. Chapewa stressedContinue Reading
Kolwezi, Democratic Republic of Congo – Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chairman Robert Friedland and President & Chief Executive Officer Marna Cloete have provided an update on production at the Kamoa-Kakula Copper Complex and the Kipushi zinc mine, both located in the Democratic Republic of the Congo (DRC).Continue Reading
Starting January 1, 2025, individuals and companies operating in the Democratic Republic of Congo (DRC) will face a record-breaking $4.3 million fine for obstructing transparency and traceability in the mining sector. This unprecedented penalty, established under Decision No. CAMI/DG/003/2024, was issued by the Mining Cadastre (CAMI) on December 16, 2024.Continue Reading
The Science Based Targets initiative (SBTi) has approved that the science-based greenhouse gas emissions reductions targets submitted by Flender conform with the SBTi Corporate Net Zero Standards and Guidance. SBTi is a corporate climate action organization that enables companies and financial institutions worldwide to play their part in combating theContinue Reading
Zambia has secured $120 million in funding from the World Bank’s Digital Development Partnership to accelerate its Digital Public Infrastructure (DPI) agenda, Minister of Science and Technology Felix Mutati announced. Speaking at the Global Digital Summit in Washington, D.C., Mutati emphasized that the funding will drive advancements in artificial intelligenceContinue Reading
China Civil Engineering Construction Corporation (CCECC) has committed over $1.4 billion to modernizing the Tanzania-Zambia Railway (TAZARA), a crucial transport link for Zambia’s copper exports to Tanzania’s largest port. TAZARA serves as a key corridor for transporting copper and cobalt from Central Africa, providing an alternative to South Africa’s congestedContinue Reading
Zijin Mining Group, China’s largest metals producer, reported a 52% increase in net profit for 2023, fueled by higher production and surging copper and gold prices. Strong Financial Performance The company posted a net income of 32.1 billion yuan ($4.4 billion), in line with its earlier forecast of 32 billionContinue Reading
A catastrophic waste spill from a Chinese-owned copper mine in Zambia has triggered an environmental and public health emergency, with authorities warning of severe long-term damage to the Kafue River, the country’s most critical water source. 50 Million Liters of Toxic Waste Contaminate Key Waterway An investigation by the EngineeringContinue Reading
