DRC’s 2025 Finance Law at Risk Due to Volatile Mining and Oil Prices
Price volatility in copper, cobalt, gold, and oil could threaten the DRC’s 2025 Finance Law, currently under parliamentary review. Draft law document 8 indicates that...
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DRC’s Diamond Production Rises 27% in Early 2024, Boosted by Artisanal Mining
Diamond production in the Democratic Republic of Congo (DRC) remains largely artisanal, as shown by recent provisional data from the Ministry of Mines’ Technical Unit...
Statunga Investments Secures Essential License for Expansion of Luansobe Copper Project in Zambia
Statunga Investments Secures Additional Mining License for Luansobe Copper Project in Zambia Zambian mining company Statunga Investments Limited has acquired a new small-scale mining license...
Tertiary Minerals Begins Drilling at Mukai Copper Project
Company Announces Start of Drilling at Mukai Copper Project in Zambia by First Quantum Minerals The Company has announced that First Quantum Minerals Limited (“First...
DRC Authorities Shut Down Kanshi Commune Artisanal Diamond Mine to Ensure Resident Safety
On Monday, October 21, 2024, authorities officially closed an artisanal and illegal diamond mine in Kanshi commune, Eastern Kasai, to protect residents’ lives, according to...
Saudi Arabia Approaches Stake Acquisition in Zambian Copper Mine to Boost Mining Expansion
Saudi Arabia is nearing a deal to acquire a stake in a Zambian copper mine, with plans to finalize the agreement by the end of...
IRH Drives Sustainable Transformation at Mopani Copper Mines in Zambia
IRH Leads Sustainable Transformation at Zambia’s Mopani Copper Mines International Resources Holding RSC Ltd. (IRH), a subsidiary of 2PointZero, has released updates on the ongoing...
IMF Projects Substantial Wealth Growth for DRC by 2029
The International Monetary Fund (IMF) forecasts a significant increase in wealth creation in the Democratic Republic of Congo (DRC) by 2029, projecting it to reach...
China State Construction Engineering to Aid Kinshasa Expansion Initiative
China State Construction Engineering, a state-owned enterprise, has committed to supporting the Kinshasa city expansion project. This pledge was made during a meeting between Governor...
DRC Government Tackles Foreign Involvement in Mining Regions Following Recent Arrests
The presence and movement of foreign individuals in mining areas were key topics during the eighteenth meeting of the Council of Ministers on Friday, October...