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American Investment in Congo’s Minerals Faces Challenge as China Maintains Copper and Cobalt Dominance 1 Mining in DRC Cobalt Copper Investment News 

American Investment in Congo’s Minerals Faces Challenge as China Maintains Copper and Cobalt Dominance

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American Mining Investment in DRC Unlikely to Disrupt China’s Dominance in Copper and Cobalt Supply Chains A year after the signing of the Washington Agreement between the Democratic Republic of the Congo (DRC) and Rwanda, researchers say growing US interest in Congolese minerals is unlikely to significantly change China’s dominance of the country’s copper and cobalt supply chains. Researchers Jason Stearns and Joshua Walker, speaking at an event hosted by journalist Stanis Bujakera, said the agreement’s economic ambitions face major challenges and that the diplomatic initiative has reached a difficult… Read More Here
BHP Secures First Environmental Approval for $14.7 Billion Escondida Copper Expansion 2 International Copper Corporate News New Mining Projects 

BHP Secures First Environmental Approval for $14.7 Billion Escondida Copper Expansion

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BHP Wins Environmental Approval to Begin Major Expansion of Chile’s Escondida Copper Mine BHP Group has secured its first major environmental approval for the expansion of the Escondida copper mine in Chile, allowing the company to begin early-stage work on a broader investment programme worth up to $14.7-billion. Chile’s Antofagasta Environmental Assessment Commission approved initial works covering sulphide leaching activities and electricity infrastructure upgrades, a BHP spokesperson confirmed. The first phase of the expansion is expected to cost about $1.3-billion and will be followed by further upgrades to mining and… Read More Here
Andrada Mining Reports Strong Quarter as Tin Production Rises and Namibia Projects Advance 3 International Corporate News Lithium Tin 

Andrada Mining Reports Strong Quarter as Tin Production Rises and Namibia Projects Advance

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Andrada Mining Boosts Tin Production and Advances Lithium and Tungsten Projects in Namibia Aim-listed Andrada Mining has reported a strong first quarter ended May 31, with increased tin production at its Uis mine, positive exploration results at Lithium Ridge and further development progress across its Namibian portfolio. At the Uis tin mine in Namibia, quarterly tin production increased by 20% to 286 tonnes, while tin concentrate production rose by 16% to 473 tonnes. The company attributed the improvement to ongoing processing plant upgrades and improved mining performance. Andrada CEO Anthony… Read More Here
DRC Moves Toward Launching First Stock Exchange to Expand Access to Capital 4 Mining in DRC Economy 

DRC Moves Toward Launching First Stock Exchange to Expand Access to Capital

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DR Congo Plans First Stock Exchange as Mining Growth and Critical Mineral Demand Attract Investors The Democratic Republic of Congo (DRC) is preparing to launch its first stock exchange as the government seeks to develop domestic capital markets, attract investment and provide businesses with new sources of financing. Finance Minister Doudou Fwamba Likunde Li-Botayi said the planned exchange is expected to begin operations next year and will initially support trading in both the Congolese franc and the US dollar, reflecting the country’s highly dollarised economy. The government is working with… Read More Here
Zambia’s Mining Sector Attracts Fresh Investor Interest as Economic Recovery Gains Momentum 5 Mining in Zambia Economy Investment News 

Zambia’s Mining Sector Attracts Fresh Investor Interest as Economic Recovery Gains Momentum

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Zambia Mining Investment Rises as Copper Demand and Economic Reforms Boost Investor Confidence Investor interest in Zambia’s mining sector is increasing as the country’s economic reforms and debt restructuring efforts improve confidence in its long-term growth prospects. Lowani Chibesakunda, Citi’s Chief Executive Officer and Banking Head for Zambia, said the financial services group has seen growing interest from investors in key sectors including mining, energy and agriculture. The renewed attention comes as Zambia continues its economic recovery following the completion of its sovereign debt restructuring process and improvements in its… Read More Here
Cobre Records Positive Cash Flow at Chile Copper Project as Turnaround Plan Gains Momentum 6 International Copper 

Cobre Records Positive Cash Flow at Chile Copper Project as Turnaround Plan Gains Momentum

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Cobre’s Sierra Atacama Copper Project Generates Positive Cash Flow After Operational Turnaround in Chile ASX-listed copper producer Cobre has achieved positive operating cash flow at its Sierra Atacama copper project in Chile, just two months after taking operational control of the mine. The company reported operating cash flow of $644,000 (A$900,000) in April and $601,000 (A$860,000) in May, following the implementation of a turnaround programme focused on improving production performance and reducing costs. Cobre took control of the operation at the end of March and has since introduced measures targeting… Read More Here
Lobito Corridor Railway Secures $753 Million Financing to Boost Regional Trade Links 7 Transport and Logistics Angola International 

Lobito Corridor Railway Secures $753 Million Financing to Boost Regional Trade Links

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Angola’s Lobito Corridor Railway Project Reaches $753 Million Financial Close to Expand African Trade Connectivity The Lobito Corridor railway project in Angola has reached financial close after securing $753 million in funding, marking a major milestone for one of Africa’s most important regional transport infrastructure initiatives. The financing will support the rehabilitation, upgrade and long-term operation of the 1,300-kilometre railway corridor linking the Port of Lobito in Angola to the border with the Democratic Republic of Congo (DRC). The project is operated by Lobito Atlantic Railway (LAR), a joint venture… Read More Here
Rome Resources Reports Strong Tin Results at DRC’s Kalayi Deposit Ahead of Updated Resource Estimate 8 Mining in DRC Corporate News Drilling New Mining Projects Tin 

Rome Resources Reports Strong Tin Results at DRC’s Kalayi Deposit Ahead of Updated Resource Estimate

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Rome Resources Completes Kalayi Tin Drilling in DR Congo as Updated Resource Estimate Targets Growth AIM-listed Rome Resources has received final assay results from its latest drilling campaign at the Kalayi deposit, part of the Bisie North Project in the Democratic Republic of Congo (DRC), paving the way for an updated mineral resource estimate (MRE) expected in July. The results complete the company’s recent drilling programme, which was designed to improve understanding of the deposit’s geology, confirm mineral continuity and increase confidence in the estimated tin resources. The current Kalayi… Read More Here
Caterpillar Acquires Skycatch to Expand AI-Powered Mining Technology Platform 9 International Corporate News Equipment & Technology Mining technology 

Caterpillar Acquires Skycatch to Expand AI-Powered Mining Technology Platform

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Caterpillar Buys Skycatch to Boost AI, Digital Twin and Automation Capabilities in Mining Operations Caterpillar Inc. has acquired mining technology company Skycatch as part of its strategy to expand digital solutions, artificial intelligence capabilities and real-time data tools for mining operations. The terms of the transaction were not disclosed. The acquisition follows Caterpillar’s recent purchase of RPMGlobal and strengthens its portfolio of mining technologies designed to improve operational efficiency, optimise material movement and support both conventional and autonomous mining fleets. Skycatch specialises in capturing and processing high-resolution spatial data using… Read More Here
DR Congo Expects Stable Copper and Cobalt Output Despite Sulfuric Acid Supply Concerns 10 Mining in DRC Cobalt Copper 

DR Congo Expects Stable Copper and Cobalt Output Despite Sulfuric Acid Supply Concerns

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DR Congo Says Copper and Cobalt Production Remains Resilient Despite Regional Chemical Supply Disruptions The Democratic Republic of Congo (DRC) does not expect major disruptions to copper and cobalt production in 2026 despite concerns over sulfuric acid supply shortages linked to regional geopolitical tensions, a senior mining official said. Sulfuric acid is a key input in the processing of copper and cobalt ores. Recent disruptions to regional supply chains, including reduced exports from Zambia, have raised concerns among some mining companies operating in the DRC. Zambia, a major supplier of… Read More Here

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