In Zambia’s North-Western Province, Kansanshi Mine has long been known as the country’s copper powerhouse. Yet, in recent years, it is gold—produced as a by-product of copper—that has become a cornerstone of Zambia’s economic strategy and financial resilience. Gold at the Heart of National Reserves Since 2021, Kansanshi has suppliedContinue Reading
The Center for Research in Public Finance and Local Development (CREFDL) has called on the Court of Auditors in the Democratic Republic of Congo (DRC) to intensify scrutiny of how mining companies are managing the mandatory 0.3% turnover allocation earmarked for local development. In a statement issued on August 28,Continue Reading
First Quantum Minerals Ltd. has dropped plans to sell minority stakes in its Zambian copper mines after securing a $1 billion gold-streaming agreement that eased pressure on its balance sheet. The Canadian miner had previously considered offloading shares in its Kansanshi and Sentinel mines following the forced closure of itsContinue Reading
The Democratic Republic of Congo’s (DRC) Mining Registry (CAMI) has assured stakeholders that the entry of American investors into the country’s mining sector will not come at the expense of existing partners, particularly Chinese companies that already dominate much of the industry. At a press conference on Thursday, August 7,Continue Reading
Zimbabwe’s mining laboratories are grappling with backlogs as a gold production boom fuels a surge in exploration activity, driven by record global prices. Gold prices hit an all-time high of $3,500 per ounce in April 2025, spurred by geopolitical tensions, aggressive central bank buying, and global economic uncertainty—further intensified byContinue Reading
AI-driven American miner seeks exploration permits as it targets one of the world’s largest untapped lithium reserves. KoBold Metals has taken a significant step forward in its ambitions to tap into the Democratic Republic of Congo’s vast lithium potential, officially filing for exploration permits with the country’s Mining Cadastre (CAMI)Continue Reading
Chinese battery materials manufacturer Dowstone Technology has unveiled plans to invest $165 million in a new copper smelting facility in the Democratic Republic of Congo (DRC), further cementing China’s role in Africa’s copper value chain. Announced on July 3, 2025, the project aims to establish a modern plant capable ofContinue Reading
The Zambia Environmental Management Agency (ZEMA) has approved 115 new development projects worth a combined $627 million, following the 33rd Environmental Assessment Committee (EAC) meeting held in June 2025. The projects span a wide range of strategic sectors vital to Zambia’s long-term economic transformation, including: These approvals reflect Zambia’s continuedContinue Reading
As Zimbabwe’s lithium industry booms, fueled by Chinese investment and the global EV demand, locals like Darlington Vivito are risking everything for a share of the wealth. On a cold, misty evening in March 2023, 22-year-old Darlington Vivito said goodbye to his parents at their modest homestead in Bikita, southeasternContinue Reading
New Gold Trading Model Brings Transparency and Economic Growth to Eastern Congo In a groundbreaking move to formalize the artisanal gold sector, DRC Gold Trading SA has injected over $27 million into Maniema province’s economy in just two months—marking a major shift in how gold is traded in the DemocraticContinue Reading
