Global miner and commodity trader Glencore has confirmed that it turned down an unsolicited bid for its operations in the Democratic Republic of Congo (DRC) at the end of last year. “Glencore has not engaged any banks or advisors and is not running a sale process for its operations inContinue Reading
Zambia’s Minister of Transport and Logistics, Hon. Frank Tayali, has highlighted the Lobito Corridor Project as a game-changing initiative that will establish Zambia as a leading hub for electric vehicle (EV) battery production and assembly. Speaking at the Lobito Corridor Stakeholder Discussion during the recent Mining Indaba in South Africa,Continue Reading
HARARE – Zimbabwe earned US$209 million from lithium exports in the first nine months of 2023, nearly treble last year’s earnings, Mines Minister Zhemu Soda said on Wednesday, as Chinese-driven mining and processing projects take off. Africa’s top lithium producer, Zimbabwe hopes demand for the mineral, which is key forContinue Reading
President Hakainde Hichilema has completed a fruitful working visit to Japan, aimed at attracting investment to spur Zambia’s economic growth and enhance the well-being of its citizens. The visit included a key meeting with Japanese Prime Minister Shigeru Ishiba and participation in a business forum showcasing Zambia’s investment potential. InContinue Reading
Kizito Pakabomba, Minister of Mines for the Democratic Republic of Congo (DRC), has strongly condemned the ongoing exploitation of his country’s mineral resources by Rwanda, allegedly under the guise of the M23-AFC rebel group. Speaking at the Mining Indaba in Cape Town, South Africa, on February 2, Pakabomba labeled Rwanda’sContinue Reading
Industrial Resources Limited (IRL), a subsidiary of Zambia’s Industrial Development Corporation (IDC), has entered into a strategic partnership with Barrick Gold Corporation, a global mining leader, to drive exploration and development in Zambia’s thriving mining sector. The collaboration aims to unlock Zambia’s rich mineral resources, support the country’s mining growthContinue Reading
DRC Gold Trading, formerly known as Primera Gold, has set an ambitious goal of purchasing 16 tonnes of gold in 2025, with a long-term objective of generating $12 billion for the Democratic Republic of Congo (DRC) over the next five years. During a press interview over the weekend, CEO JosephContinue Reading
The Democratic Republic of Congo (DRC) generated $409 million from tin concentrate exports between January and September 2024, according to a report from the Technical Unit for Coordination and Mining Planning (CTCPM) under the Ministry of Mines. Industrial Mining Leads the Way In Q3 2024, industrial mining dominated tin exports,Continue Reading
The Democratic Republic of Congo (DRC) has urged the European Union (EU) to immediately suspend all cooperation with Rwanda, particularly in the trade of strategic minerals like coltan, which the DRC claims Rwanda illegally exports to EU member states. Congolese Minister of Foreign Affairs, Thérèse Kayikwamba, made this demand duringContinue Reading
Zambia made an unforgettable impression at the 2025 Mining Indaba, showcasing its growing influence in the mining sector with a packed Country Showcase that captured global attention. As Africa’s second-largest copper producer and a rising leader in critical minerals like cobalt and lithium, Zambia is positioning itself as an unparalleledContinue Reading
