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
In a landmark diplomatic breakthrough, the Democratic Republic of Congo (DRC) and Rwanda signed a peace agreement on June 27, 2025, in Washington, D.C., aimed at ending decades of violence in eastern DRC. The accord was brokered with the backing of the United States, which played a pivotal role inContinue Reading
Zambia has taken a decisive step toward a greener future with the commissioning of a 121.8kW rooftop solar photovoltaic (PV) system—complete with 125kWh battery storage—at the Ministry of Energy’s headquarters in Lusaka. Spearheaded under the Presidential Solar Initiative, the project is a strategic response to the crippling 2024 drought, whichContinue Reading
GoviEx Uranium has launched its 2025 field season at the Muntanga uranium project in Zambia, marking a major step forward in its strategy to enhance the project’s long-term economic viability and expand its mineral resource base. This new exploration phase follows four years of technical work, culminating in a positiveContinue Reading
Popol Mabolia Yenga, Director General of the Democratic Republic of Congo’s (DRC) Mining Cadastre (CAMI), has urged African nations to pursue a unified approach to geological research. His call comes amid growing concerns over inconsistent data on the origin of mineral resources and disputes between neighboring countries. Speaking at theContinue Reading
KINSHASA, DRC – With global gold prices reaching their highest levels in weeks, Barrick Mining’s Country Director in the Democratic Republic of Congo, Cyril Mutombo, is urging the Congolese government to reform its mining policies to unlock the country’s full gold potential and attract more long-term investment. Mutombo delivered hisContinue Reading
LUSAKA, Zambia – June 24, 2025 — Godwin Beene, Country Manager for First Quantum Minerals (FQM) in Zambia, is set to join the speaker lineup at the upcoming African Mining Week (AMW) 2025, Africa’s flagship event for the mining sector. Beene will participate in a high-level panel titled “Zambia: AcceleratingContinue Reading
Zimbabwe is tightening its grip on its lithium industry as it moves to ban the export of lithium concentrates by 2027, stepping up efforts to build a robust local processing sector and capture more value from the strategic mineral. The announcement was made by Mines Minister Winston Chitando on Tuesday,Continue Reading
Two of Zambia’s leading power players—ZESCO Limited and Copperbelt Energy Corporation (CEC) Plc—have joined forces in a landmark partnership to accelerate the nation’s transition to solar energy. Announced during a recent tour of CEC’s solar installations in Kitwe, the collaboration aims to fast-track solar project development through a joint planningContinue Reading
The global cobalt supply chain faces fresh turbulence as the Democratic Republic of Congo (DRC) halts exports to tackle a supply glut. Glencore has invoked force majeure on select cobalt shipments from the DRC, following the government’s surprise decision to enforce a four-month export ban on the crucial battery metal.Continue Reading
