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Ivanhoe Mines Posts Q1 Loss After Kamoa-Kakula Tax Hit Despite Strong Copper Expansion Push 21 Mining in DRC Cobalt Copper Corporate News Taxes 

Ivanhoe Mines Posts Q1 Loss After Kamoa-Kakula Tax Hit Despite Strong Copper Expansion Push

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Ivanhoe Mines Reports Q1 2026 Loss Amid Kamoa-Kakula Tax Settlement and Expands Copper Growth Strategy Ivanhoe Mines, a Canadian mining company, reported a net loss of $2-million and a total comprehensive loss of $35 million for the quarter ended March 31, 2026. This marks a sharp reversal from the same period in 2025, when the company recorded a profit of $122-million and total comprehensive income of $128 million. The company attributed the decline mainly to its share of losses from the Kamoa Holding joint venture in the Democratic Republic of… Read More Here
Zambia’s Mines Minister Paul Kabuswe Inaugurates New Minerals Regulation Commission Board 22 Mining in Zambia Mining Personality 

Zambia’s Mines Minister Paul Kabuswe Inaugurates New Minerals Regulation Commission Board

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Zambia Appoints New Minerals Regulation Commission Board to Strengthen Mining Oversight and Investor Confidence Mines and Minerals Development Minister Paul Kabuswe has inaugurated nine board members of the Minerals Regulation Commission (MRC), charging them with strengthening oversight, promoting legal mining activities and enhancing accountability in the sector. Speaking during the induction ceremony in Lusaka, Mr Kabuswe urged the newly appointed board to champion responsible mining practices, enforce compliance with mining laws and ensure the sector continues contributing to economic growth, job creation and foreign exchange earnings. According to the Zambia… Read More Here
South Africa’s Gold Sector Revives with Low-Cost Projects and Modular Mining Shift 23 International Gold 

South Africa’s Gold Sector Revives with Low-Cost Projects and Modular Mining Shift

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South Africa Gold Mining Revival: New Low-Cost Projects Drive Industry Restructuring South Africa is experiencing renewed interest in its gold sector as smaller, lower-cost projects and modular mining technologies begin reshaping an industry that has declined by more than 70% over the past two decades. The shift marks a move away from deep-level, capital-intensive mining toward faster-developing projects focused on legacy deposits and improved cost efficiency. In Mpumalanga, Theta Gold Mines is advancing its TGME Gold Project near the historic town of Pilgrim’s Rest, an area largely inactive since the… Read More Here
Mozambique Proposes Mining Overhaul with State Equity and Raw Export Ban 24 International 

Mozambique Proposes Mining Overhaul with State Equity and Raw Export Ban

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Mozambique Mining Reform: 15% State Stake and Ban on Raw Mineral Exports Proposed Mozambique is moving to strengthen state control over its mineral resources through sweeping reforms that would require a minimum 15% government stake in all mining projects and ban the export of unprocessed minerals. A draft revision of the country’s mining law, scheduled for parliamentary debate on May 7, signals a major policy shift aimed at increasing domestic value addition and ensuring more resource revenue remains within the national economy. Authorities argue that the current legal framework unchanged… Read More Here
DRC Weighs Stake in $270M Zambia Power Link to Ease Mining Energy Shortages 25 Mining in DRC Electricity Mining in Zambia 

DRC Weighs Stake in $270M Zambia Power Link to Ease Mining Energy Shortages

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DRC Considers Equity in Zambia Power Project to Boost Copper Output and Tackle Energy Deficit The Democratic Republic of the Congo is considering taking an equity stake in a $270 million cross-border electricity project with Zambia, as persistent power shortages threaten production in one of the world’s most important copper regions. According to the finance ministry, the proposed investment would give Kinshasa a direct role in developing a 200-kilometre high-voltage transmission line linking Kalumbila in northwestern Zambia to Kolwezi, the heart of Congo’s copper belt. The line is expected to… Read More Here
DRC Accelerates Energy Sector Reforms with New Projects and World Bank Funding 26 Mining in DRC Energy 

DRC Accelerates Energy Sector Reforms with New Projects and World Bank Funding

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DRC Secures $250M World Bank Funding, Advances Power Projects to Boost Electricity Supply The Democratic Republic of the Congo is intensifying efforts to transform its energy sector through new infrastructure projects and strategic financing aimed at expanding electricity access and supporting economic growth. Speaking before the ATI-NTIC Commission of the National Assembly, Aimé Sakombi Molendo, Minister of Hydraulic Resources and Electricity, highlighted key progress, including the commissioning of the Kakobola hydroelectric power plant and the mobilization of major development funding. A cornerstone of this strategy is the approval of $250… Read More Here
BGFIBank Engages Industry Leaders at First Mining Summit Tech in Kolwezi 27 Mining in DRC Events & Expos 

BGFIBank Engages Industry Leaders at First Mining Summit Tech in Kolwezi

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BGFIBank Launches Innovative Financing Solution for DRC Mining Subcontractors at Mining Summit Tech 2026 BGFIBank participated in the first edition of Mining Summit Tech 2026, held on April 30, 2026, at the Congress Village in Kolwezi, Lualaba Province. The summit, focused on mining sovereignty and technological transformation, brought together industry leaders, mining operators, and digital sector stakeholders to explore the role of innovation in the sector. Introducing BGFIMines Flex During the event, BGFIBank RDC introduced BGFIMines Flex, a financing solution designed to address the operational needs of mining subcontractors by… Read More Here
Jubilee Metals Reports Strong Copper Output Growth as Zambia Expansion Gains Momentum 28 Mining in Zambia Copper Corporate News 

Jubilee Metals Reports Strong Copper Output Growth as Zambia Expansion Gains Momentum

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Jubilee Metals Boosts Copper Production by 29% Amid Roan Ramp-Up and Molefe Mine Expansion Zambia-focused copper producer and resource developer Jubilee Metals has reported a 28.7% year-on-year increase in total saleable copper production, reaching 2,177 tonnes for the nine months ended March 31. Output from the Roan concentrator surged to 1,999 tonnes of copper units, marking a 112.7% increase compared with the same period last year. At the Sable refinery, copper cathode production rose to 957 tonnes, up from 751 tonnes recorded in the corresponding period of 2025. Commissioning of… Read More Here
ARSP Urges Stronger Local Transformation Agenda at Lualaba Mining Tech Summit 29 Mining in DRC Events & Expos Technology & Innovation 

ARSP Urges Stronger Local Transformation Agenda at Lualaba Mining Tech Summit

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DRC Launches Mining Tech Summit to Boost Local Value, Innovation, and Digital Mining Economy The Lualaba province in the Democratic Republic of Congo hosted the first edition of the Mining Tech Summit, focusing on mining sovereignty and the integration of technology into the extractive sector. The event brought together public and private stakeholders to explore ways to modernize and transform the country’s mining industry. Organized by the Ministry of Digital Economy, the Ministry of SMEs, the Regulatory Authority for Subcontracting in the Private Sector (ARSP), the Lualaba provincial government, and… Read More Here

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