Zambia is moving forward with plans to tap into alternative hydropower sources along the Zambezi River as part of a broader strategy to support the growing energy needs of its mining industry. At the Critical Minerals Africa 2024 summit, Sokwani William Chilembo, CEO of the Zambia Chamber of Mines, highlightedContinue Reading
Construction is now underway on Zambia’s first two Gold Mining Centers in the Rufunsa and Mumbwa districts, with a completion goal set for the end of the year. These new centers are part of a bold government strategy to elevate Zambia’s gold mining industry, improve resource management, and empower localContinue Reading
London-listed Arc Minerals has announced copper mineralization at every target drilled in its joint venture (JV) copper project with Anglo American in Zambia. The companies have identified priority targets for further exploration, with drilling planned to continue through Zambia’s rainy season. One particularly high-priority target near Muswema has gained attentionContinue Reading
Diversified metals producer Jubilee Metals has reported significant growth in its South African operations, with production increases in chrome and platinum group metals (PGMs) during the first quarter of FY 2025. The company’s well-established South African operations consistently exceeded targets. For the quarter ending September 30, chrome concentrate production roseContinue Reading
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 fluctuations in global commodity prices may disrupt the budget, as mining and hydrocarbons comprise nearly all of the DRC’s exports. Between 2019 and 2023, copper,Continue Reading
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 for Coordination and Mining Planning (CTCPM). In the first half of 2024, artisanal miners produced 3,319,025 carats, making up nearly 68% of the nation’s totalContinue Reading
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 (No. 34545-HQ-SML) for the Luansobe Copper Project. This ten-year license allows the company to explore and extract copper and other base and precious metals acrossContinue Reading
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 Quantum”) has begun drilling operations at the Mukai Copper Project in Zambia, following approval from all required authorities. Key Highlights The Licence area is locatedContinue Reading
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 the year, according to Robert Wilt, CEO of Saudi Arabia’s leading mining firm, Ma’aden. Speaking at the Future Investment Forum in Riyadh, Wilt confirmed thatContinue Reading
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 transformation at Mopani Copper Mines in Zambia. After acquiring Mopani in early 2024, IRH is focused on making it the most productive copper mine inContinue Reading
