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Uganda’s Export Earnings Jump 36% as Gold Trade Drives Record August Performance 1 Mining in Uganda Gold 

Uganda’s Export Earnings Jump 36% as Gold Trade Drives Record August Performance

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Uganda Export Revenues Surge 36% to $1.5 Billion in August on Strong Gold Shipments Uganda recorded a sharp increase in export earnings in August 2026, with revenues rising 36% year-on-year, driven largely by booming gold exports and stronger commodity trade. According to a report from the Ministry of Finance, Uganda exported goods worth approximately $1.5 billion during the month, up from $1.1 billion recorded in August 2025. The strong performance underscores the growing importance of the country’s mineral sector in supporting foreign exchange earnings and overall economic growth. Gold remained… Read More Here
DRC Mines Minister Suspends SAEMAPE Director Amid Rising Tensions in Lualaba’s Artisanal Mining Sector 2 Mining in DRC Artisanal mining 

DRC Mines Minister Suspends SAEMAPE Director Amid Rising Tensions in Lualaba’s Artisanal Mining Sector

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DRC Suspends SAEMAPE Director as Government Moves to Address Illegal Artisanal Mining in Lualaba and Haut-Katanga Democratic Republic of Congo Minister of Mines Louis Kabamba Watum has suspended Jean-Paul Kapongo Kadiobo, Director General of the Service for Assistance and Supervision of Artisanal and Small-Scale Mining (SAEMAPE), amid growing concerns over illegal artisanal mining activities in the country’s key mining regions. The suspension was formalized through a ministerial order signed on October 21, 2026, and took immediate effect. The Ministry’s Secretary General has been tasked with implementing the decision. According to… Read More Here
Kamoa-Kakula Inaugurates 60 MW Solar Power Plant with Battery Storage to Strengthen Sustainable Copper Production 3 Mining in DRC Copper Corporate News Energy 

Kamoa-Kakula Inaugurates 60 MW Solar Power Plant with Battery Storage to Strengthen Sustainable Copper Production

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Kamoa-Kakula Launches 60 MW Solar and Battery Storage Project, Advancing DRC’s Renewable Energy and Low-Carbon Copper Ambitions KOLWEZI, DRC – Kamoa Copper has officially commissioned a 60 MW solar power project equipped with battery energy storage systems, marking a major milestone in its efforts to secure reliable renewable energy for the Kamoa-Kakula copper complex and reduce the carbon intensity of its operations. The project, developed in partnership with CrossBoundary Energy and Green World Energie, was officially inaugurated on October 16, 2026, during a ceremony attended by senior government officials, energy… Read More Here
DRC's Sakania-Banana Corridor Set to Cut Logistics Costs and Boost Trade 4 Mining in DRC Transport and Logistics 

DRC’s Sakania-Banana Corridor Set to Cut Logistics Costs and Boost Trade

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Sakania-Banana Trade Corridor Expected to Reduce DRC Transit Costs by 30% and Boost Regional Commerce The development of the Sakania-Banana transport corridor could reduce container transit costs in the Democratic Republic of Congo (DRC) by between 25% and 30%, strengthening the country’s logistics network and improving access between key production centres and consumer markets, according to a new study by the Centre for Research in Public Finance and Local Development (Crefdl). The report, presented in Kinshasa on October 23, highlights the transformative economic potential of the corridor, which is expected… Read More Here
Copper Climbs Above US$14,700 as Cobalt Extends Gains on Global Markets 5 Mining in DRC Cobalt Copper Economy 

Copper Climbs Above US$14,700 as Cobalt Extends Gains on Global Markets

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DRC Copper Prices Rise to US$14,705/Tonne While Cobalt Continues Upward Trend Prices for key mineral exports from the Democratic Republic of Congo (DRC) continued to strengthen on international markets during the week of October 19 to 24, 2026, with both copper and cobalt recording gains amid sustained demand for energy-transition minerals. According to the latest official mineral commodity price schedules, copper rose from US$14,425.60 per tonne to US$14,705.35 per tonne, while cobalt increased from US$38,507 per tonne to US$38,596 per tonne. Copper recorded one of the strongest performances among the… Read More Here
First Quantum Advances US$5.3 Billion Taca Taca Copper Project in Argentina 6 International Copper Corporate News 

First Quantum Advances US$5.3 Billion Taca Taca Copper Project in Argentina

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First Quantum Prepares Tax Incentive Application for US$5.3 Billion Taca Taca Copper Project in Argentina First Quantum Minerals (FQM) is moving forward with plans to develop its flagship Taca Taca copper project in Argentina, preparing to apply for the country’s large-scale investment incentive regime before the end of the year as it seeks to unlock one of the world’s largest undeveloped copper deposits. Located in Salta Province near the Chilean border, Taca Taca represents one of the most significant mining investments currently under development in Latin America. The project is… Read More Here
US-Backed Investors Close In on Stake in Glencore’s DRC Mining Assets 7 Mining in DRC Cobalt Copper Corporate News 

US-Backed Investors Close In on Stake in Glencore’s DRC Mining Assets

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US-Backed Consortium Moves Closer to Acquiring Stake in Glencore’s DRC Copper-Cobalt Operations A US-backed consortium is nearing the completion of a major investment in Glencore’s copper-cobalt operations in the Democratic Republic of Congo (DRC), a move that could reshape the ownership landscape of some of the world’s most strategically important critical mineral assets. The transaction, which is reported to be in its final stages, involves Orion Critical Minerals Consortium (Orion CMC) acquiring a 40% stake in Glencore’s majority interests in two major mining operations in the DRC. The deal forms… Read More Here
ZCCM-IH Eyes Gold-Led Growth as Zambia Pushes to Formalise Untapped Gold Sector 8 Mining in Zambia Gold Investment News 

ZCCM-IH Eyes Gold-Led Growth as Zambia Pushes to Formalise Untapped Gold Sector

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ZCCM-IH Chairman Highlights Zambia’s Gold Potential and Plans to Boost Formal Production at FT Africa Summit 2026 Zambia has the potential to transform its emerging gold sector into a major pillar of economic growth, wealth creation and financial stability, according to ZCCM Investments Holdings Plc (ZCCM-IH) Board Chairperson Phesto Musonda. Speaking during a high-level panel discussion on “Gold, Sovereignty and Stability” at the Financial Times Africa Summit 2026 in London, Musonda outlined Zambia’s strategy to formalise gold production, strengthen national reserves and ensure more value from the country’s mineral resources… Read More Here
FQM’s Kansanshi Expansion Boosts Zambia’s Copper Ambitions as Ore Throughput Tops 27 Million Tonnes 9 Mining in Zambia Copper Corporate News Economy 

FQM’s Kansanshi Expansion Boosts Zambia’s Copper Ambitions as Ore Throughput Tops 27 Million Tonnes

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FQM’s Kansanshi Mine Set to Process 27 Million Tonnes of Ore in 2026 as S3 Expansion Strengthens Zambia’s Copper Growth Strategy First Quantum Minerals’ (FQM) Kansanshi Mine is expected to process approximately 27 million tonnes of ore in 2026, exceeding its annual design throughput capacity of 25 million tonnes following the successful ramp-up of its US$1.2 billion S3 Expansion Project. The achievement represents a significant milestone for both Kansanshi and Zambia’s mining industry, demonstrating the impact of one of the country’s largest recent mining investments at a time when the… Read More Here
Angola’s President Lourenço Invites Namibia to Invest in Lobito Refinery 10 International Oil & Gas 

Angola’s President Lourenço Invites Namibia to Invest in Lobito Refinery

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Angola Invites Namibia to Invest in 200,000 bpd Lobito Refinery Project Angola has invited Namibia to acquire a stake in the Lobito refinery, a major downstream energy project under construction in Benguela Province that is designed to process 200,000 barrels of crude oil per day. Angolan President João Lourenço announced the invitation on 19 October 2026 during a state visit to Luanda by Namibian President Netumbo Nandi-Ndaitwah. The proposal forms part of efforts to deepen bilateral energy cooperation and attract regional investment into Angola’s refining sector. Lourenço said the refinery… Read More Here

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