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KCM Invests Heavily in Mine Development as Expansion Drive Gains Momentum 1 Mining in Zambia Copper Corporate News Investment News 

KCM Invests Heavily in Mine Development as Expansion Drive Gains Momentum

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Konkola Copper Mines Accelerates Investment to Boost Copper Production and Support Zambia’s Mining Growth Konkola Copper Mines (KCM) continues to ramp up investment across its operations as the company advances an ambitious expansion strategy aimed at increasing copper production, extending mine life and strengthening its contribution to Zambia’s economy. The mining company has committed substantial resources toward modernizing infrastructure, expanding underground development and accelerating work on the flagship Konkola Deep Mining Project (KDMP), which is widely regarded as one of the most significant copper expansion projects in Africa. The investment… Read More Here
DRC Launches METE Project to Boost Local Processing of Critical Minerals 2 Mining in DRC Cobalt Copper Lithium 

DRC Launches METE Project to Boost Local Processing of Critical Minerals

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DRC Partners with UNCTAD and Japan to Advance Local Beneficiation of Copper, Cobalt and Lithium The Democratic Republic of Congo (DRC) has taken a significant step toward strengthening domestic mineral beneficiation with the launch of the Essential Minerals for the Energy Transition in the DRC (METE) project, an initiative designed to accelerate value addition and industrial development within the country’s mining sector. Launched in Kinshasa by Minister of Foreign Trade Julien Paluku Kahongya, the project forms part of the government’s broader strategy to reduce dependence on raw mineral exports and… Read More Here
Caledonia Secures $150 Million Financing Package for Zimbabwe’s Largest Gold Mine 3 International Gold 

Caledonia Secures $150 Million Financing Package for Zimbabwe’s Largest Gold Mine

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Caledonia Mining Raises $150 Million to Advance Zimbabwe’s Bilboes Gold Project Caledonia Mining Corporation has secured a US$150 million interim financing facility to support the development of the Bilboes Gold Project, a large-scale investment expected to become Zimbabwe’s biggest gold mine once production begins. The financing package was arranged through a consortium of eight Zimbabwean banks and represents a significant milestone in the development of the project, which is poised to strengthen Zimbabwe’s position as one of Africa’s leading gold-producing nations. The three-year facility comprises a US$50 million revolving credit… Read More Here
DRC Urges US to Turn Strategic Minerals Partnership into Tangible Investment 4 Mining in DRC Copper Investment News Lithium 

DRC Urges US to Turn Strategic Minerals Partnership into Tangible Investment

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DRC Calls on US to Convert Access to World’s Largest Cobalt Reserves into Long-Term Mining Investment The Democratic Republic of Congo (DRC) has called on the United States to transform its privileged access to the country’s vast reserves of critical minerals into meaningful long-term investment, as Kinshasa seeks to deepen economic cooperation while accelerating industrial development. Speaking during discussions linked to the strategic partnership between the DRC and the United States, Congolese officials emphasized that the country offers far more than a source of raw materials. With the world’s largest… Read More Here
DRC Demands Accountability as Huayou Unit Faces $6 Million Compensation Bill Over Toxic Spill 5 Mining in DRC Corporate News 

DRC Demands Accountability as Huayou Unit Faces $6 Million Compensation Bill Over Toxic Spill

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DRC Orders Huayou Subsidiary to Pay $6 Million Compensation Despite Suspension of Mining Operations The Democratic Republic of Congo (DRC) has reaffirmed that mining companies remain responsible for environmental and community obligations regardless of their operational status, following the suspension of activities by Congo Dongfang International Mining (CDM), a subsidiary of Chinese battery materials giant Zhejiang Huayou Cobalt. The Ministry of Mines has ordered CDM to pay $6 million in compensation to three communities affected by an industrial wastewater spill linked to the company’s operations in Lubumbashi. Despite the company’s… Read More Here
DRC Sets Clear Conditions for US Investment in Strategic Mining Projects 6 Mining in DRC Investment News 

DRC Sets Clear Conditions for US Investment in Strategic Mining Projects

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DRC Mining Minister Louis Watum Calls for Local Value Addition and National Interests Protection in US Strategic Investments The Democratic Republic of Congo (DRC) has reaffirmed its commitment to attracting American investment into its mining sector while ensuring that such investments comply with national legislation, safeguard state interests and deliver tangible benefits to the Congolese people. This position was outlined by Mines Minister Louis Watum Kabamba during the second meeting of the Joint Steering Committee overseeing the strategic partnership between the DRC and the United States. Held in Paris, the… Read More Here
When Good Oils Go Bad Part 8 7 Sponsored Content Corporate News International 

When Good Oils Go Bad Part 8

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Contamination: Oil’s Dirty Little Secret By Steven Lumley, technical manager, WearCheck Continuing the dialogue around oil condition with condition monitoring specialist company, WearCheck, this time the focus turns to contamination. In the previous instalment of this series, we saw how additives are consumed, attached to surfaces or physically removed. But many of the things that accelerate that depletion do not come from the oil at all. They arrive as uninvited guests – water, dust, soot, fuel, coolant and other foreign materials. And, like most uninvited guests, they rarely arrive quietly,… Read More Here
Sakombi and Mabolia Discuss Mining Rights-Backed Financing for Hydropower Projects in DRC 8 Mining in DRC Electricity Energy 

Sakombi and Mabolia Discuss Mining Rights-Backed Financing for Hydropower Projects in DRC

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DRC Considers Mining Rights-Backed Financing for Hydropower Projects as Energy and Mining Maps Align The Democratic Republic of Congo is exploring innovative ways to accelerate the development of energy infrastructure by potentially linking the construction of power projects to mining rights, as the government seeks stronger synergies between the country’s mining and electricity sectors. The initiative was discussed during a high-level meeting held in Kinshasa between Minister of Hydroelectric Resources and Electricity Aimé Sakombi and Cadastre Minier (CAMI) Director General Popol Mabolia. The discussions focused on implementing recommendations arising from… Read More Here
Ivanhoe Reports Strong Q3 Earnings as Kamoa-Kakula Recovery Plan Targets 500,000 t/y Copper Output 9 Corporate News Copper Mining in DRC 

Ivanhoe Reports Strong Q3 Earnings as Kamoa-Kakula Recovery Plan Targets 500,000 t/y Copper Output

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Ivanhoe Mines Posts $45 Million Q3 Profit as Kamoa-Kakula Targets Return to 500,000 Tonnes of Annual Copper Production Ivanhoe Mines reported a third-quarter 2026 profit of $45 million and adjusted EBITDA of $241 million, driven by strong performances from the Kamoa-Kakula copper complex in the Democratic Republic of Congo and the Kipushi zinc mine. The company said an updated life-of-mine plan for Kamoa-Kakula will be released in March 2027, outlining a strategy to restore the operation to approximately 500,000 tonnes of annual copper production through a combination of underground mining,… Read More Here
Zambia and DRC Push for Greater Value from Copper and Cobalt as Battery Industry Opportunities Expand 10 Mining in Zambia Battery Metals Cobalt Copper Mining in DRC 

Zambia and DRC Push for Greater Value from Copper and Cobalt as Battery Industry Opportunities Expand

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Zambia and DRC Seek to Boost Copper and Cobalt Value Addition as Battery Industry Opportunities Grow Zambia and the Democratic Republic of Congo are renewing attention on opportunities to strengthen regional mineral processing and industrial development as global demand for copper and battery-related materials continues to reshape mining investment. The two neighbouring countries occupy a strategically important position in the global minerals industry. The DRC is a leading producer of copper and cobalt, while Zambia remains one of Africa’s major copper-producing countries. Together, they form a mineral-producing corridor with the… Read More Here

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