Gemfields Group, listed on both the JSE and AIM, has announced that operations at its Kagem emerald mine in Zambia will soon resume focused open-pit mining in a strategic move to boost the recovery of premium-quality emeralds. Kagem Mining, 75% owned by Gemfields and 25% by the Zambian government throughContinue Reading
The Zambian Parliamentary Committee on National Economy, Trade, and Labour Matters has conducted an oversight tour of First Quantum Minerals’ (FQM) Kansanshi Mining PLC and FQM Trident operations in the North-Western Province. The visit formed part of the committee’s mandate to monitor key national investments and better understand their impactContinue Reading
The Democratic Republic of Congo (DRC) has taken a firm stance against the illegal trade of its mineral resources, leading discussions at an extraordinary meeting of Mines Ministers from member states of the International Conference on the Great Lakes Region (ICGLR), held in Lusaka, Zambia. The DRC’s Minister of Mines,Continue Reading
During an official visit to Paris, Deputy Minister of Mines Godard Motemona represented the Democratic Republic of Congo (DRC) at the 18th OECD Forum on Responsible Mineral Supply Chains. Addressing fellow African mining ministers and global stakeholders, Motemona reaffirmed the DRC’s commitment—under the leadership of President Félix Tshisekedi and PrimeContinue Reading
In a bold step toward enhancing regional cooperation and energy security in Southern Africa, the Government of Mozambique has signed two pivotal memoranda of understanding (MoUs) with the Republics of Zambia and Zimbabwe. The agreements, facilitated through Mozambique’s Ministry of Mineral Resources and Energy, mark a strategic move to advanceContinue Reading
A major step toward energy transformation is underway in the heart of the Democratic Republic of Congo (DRC), as the long-anticipated Katende Hydropower Plant prepares to bring new life to the nation’s central provinces. A consulting firm managing the project has confirmed that the first phase will deliver 32 megawattsContinue Reading
UK-based mining group Vedanta Resources is exploring a potential initial public offering (IPO) in the United States for its Zambian subsidiary, Konkola Copper Mines (KCM), aiming to raise around $1 billion to finance mine development, according to Reuters, citing sources familiar with the matter. The mining conglomerate, led by IndianContinue Reading
The Democratic Republic of Congo (DRC) has entered into a partnership with Erik Prince, the former U.S. Navy SEAL and founder of the private security firm Blackwater, to bolster efforts in securing mining revenues and enhancing transparency in the country’s lucrative extractive industries. The agreement—reached several months before the JanuaryContinue Reading
The Democratic Republic of Congo (DRC) has officially completed the division of the Cuvette Centrale sedimentary basin into 52 new oil exploration blocks, as confirmed by the country’s Minister of Hydrocarbons, Aimé Sakombi Molendo. This move marks a significant step in expanding the nation’s energy exploration efforts. The delineation ofContinue Reading
Zimbabwe and Zambia are ramping up efforts to revive the long-stalled $5 billion Batoka Gorge hydropower project by exploring a controversial plan to divert water from the Democratic Republic of Congo (DRC) to stabilize Zambezi River flows. The Zambezi River Authority (ZRA), which jointly manages the Kariba Dam for bothContinue Reading
