Ivanhoe Advances Platreef Expansion With Key Shaft and Processing Milestones 21 Mining in DRC Corporate News 

Ivanhoe Advances Platreef Expansion With Key Shaft and Processing Milestones

Ivanhoe Mines Marks Major Platreef Milestones as Shaft #3 Completion and Phase 2 Expansion Drive Production Growth in South Africa Canadian mining company Ivanhoe Mines has announced the completion of three significant development milestones at its Platreef Mine project in Limpopo, South Africa, marking important progress toward the mine’s Phase 2 and future Phase 3 expansions. The milestones include: Company officials stated that these developments represent a major step forward in scaling production capacity and preparing the operation for long-term growth. Expanded Hoisting Capacity Strengthens Production Flexibility The completion of… Read More Here
US-Backed Mining Deal in Congo Faces Scrutiny Over Firm’s Claimed Experience 22 Mining in DRC Corporate News 

US-Backed Mining Deal in Congo Faces Scrutiny Over Firm’s Claimed Experience

Virtus Minerals’ Congo Mining Credentials Questioned After $30M Chemaf Deal in US–DRC Critical Minerals Partnership A U.S. company at the center of Washington’s strategy to secure critical minerals from the Democratic Republic of Congo (DRC) has come under scrutiny after questions emerged about the accuracy of its mining credentials. Virtus Minerals, which acquired Chemaf’s mining assets in March for approximately $30 million from the company’s shareholders, had previously indicated that it possessed operational experience in the DRC through involvement in a copper and cobalt processing facility. However, records and industry… Read More Here
Zambia Launches Major 250MW Solar and 150MW Battery Storage Project in Chongwe 23 Mining in Zambia Energy 

Zambia Launches Major 250MW Solar and 150MW Battery Storage Project in Chongwe

Zambia Launches US$315 Million Leopard Hill Solar and Battery Project to Boost Power Supply and Energy Security President Hakainde Hichilema has officially launched construction of a 250 megawatt solar photovoltaic plant and a 150-megawatt battery energy storage system at the Leopard Hill Solar Generation Station in Chongwe District. The US$315 million hybrid energy project is expected to significantly strengthen Zambia’s electricity supply, improve grid stability, and enhance national energy security. The launch, held along Leopards Hill Road, marks a major milestone in the country’s drive to expand power generation capacity… Read More Here
BHP Expands Copper Exploration in Zambia Amid Rising Global Demand 24 Mining in Zambia Copper Exploration Investment News 

BHP Expands Copper Exploration in Zambia Amid Rising Global Demand

BHP Expands Copper Exploration in Zambia as Global Demand for Critical Minerals Surges Global mining giant BHP is increasing its exploration efforts in Zambia as part of a broader regional campaign to identify large-scale copper deposits, highlighting renewed international interest in the country’s mineral potential. Zambia, Africa’s second-largest copper producer after the Democratic Republic of Congo, is seeking to significantly expand its copper output over the coming decade and is actively encouraging foreign investment to unlock underexplored resources. BHP’s renewed engagement marks a strategic shift after the company reduced its… Read More Here
Copper Leads Weekly Surge in Global Commodity Prices as DRC Mining Products Show Mixed Trends 46 Copper Economy Mining in DRC 

Copper Leads Weekly Surge in Global Commodity Prices as DRC Mining Products Show Mixed Trends

Copper Prices Rise to $12,836/Ton as DRC Mining Commodities Record Mixed Market Performance (April 20–25) Copper maintained its upward trajectory on international markets during the week of April 20–25, extending a steady rally observed in recent weeks. According to projections from the National Market Commission under the Ministry of Foreign Trade of the Democratic Republic of Congo (DRC), copper is expected to trade at $12,836 per ton, up from $12,148 the previous week, marking an increase of $688 per ton. Broad-Based Movement Across Key Minerals The positive momentum is not… Read More Here
DRC Govt Cracks Down on Illegal Gold Mining in Ituri Amid Major Sector Reform Push 47 Mining in DRC Artisanal mining Governance 

DRC Govt Cracks Down on Illegal Gold Mining in Ituri Amid Major Sector Reform Push

DRC Launches Major Crackdown on Illegal Gold Mining in Ituri as Government Seizes Equipment and Orders Site Closures The Government of the Democratic Republic of Congo (DRC) has intensified enforcement actions against illegal activities in the mining sector, signaling a stricter regulatory approach aimed at restoring order and accountability in the industry. During a field mission in eastern DRC, the Minister of Mines, Louis Watum Kabamba, ordered the immediate closure of several illegal gold mining sites in the Djalasiga chiefdom, located in Mahagi territory. The operation underscores the government’s determination… Read More Here
DRC’s Economic Rise Gains Momentum as Mining Boom and Currency Reforms Reshape Growth 48 Mining in DRC Economy 

DRC’s Economic Rise Gains Momentum as Mining Boom and Currency Reforms Reshape Growth

Democratic Republic of Congo Set to Become Fifth-Largest Economy in Sub-Saharan Africa as GDP Nears $123 Billion The Democratic Republic of the Congo is poised to become the fifth-largest economy in sub-Saharan Africa, with projected gross domestic product (GDP) of approximately $123 billion in 2026, according to estimates from the International Monetary Fund. This anticipated expansion is being driven by a three-pillar macroeconomic strategy: sustained growth in the mining sector, stronger inflows of foreign currency, and the appreciation of the Congolese franc. Beyond the immediate boost to economic output, ongoing… Read More Here
Zambia’s Major Copper Smelters Face Extended Shutdowns, Raising Supply Concerns 49 Mining in Zambia Copper Corporate News 

Zambia’s Major Copper Smelters Face Extended Shutdowns, Raising Supply Concerns

Extended Mopani and Chambishi Smelter Maintenance to Tighten Copper Output and Sulphuric Acid Supply in Zambia Two of Zambia’s largest copper smelters and sulphuric acid producers are expected to shut down for extended maintenance later this year, according to industry sources. The planned outages are likely to further constrain copper production and reduce supplies of sulphuric acid, a critical chemical used in processing copper and cobalt. The ongoing conflict involving Iran has already disrupted global supplies of sulphuric acid and other leaching chemicals. As a result, mining companies in neighbouring… Read More Here
U.S. Firms Show Growing Interest in Congo Mining Assets as Investment Tied to Peace Efforts 50 Mining in DRC Investment News 

U.S. Firms Show Growing Interest in Congo Mining Assets as Investment Tied to Peace Efforts

U.S. Companies Eye DRC Critical Minerals Projects Including Rubaya Mine Amid Strategic Push to Secure Supply Chains Companies from the United States are demonstrating strong interest in mining assets in the Democratic Republic of the Congo (DRC), including projects located in conflict-affected eastern regions such as the Rubaya mining area. However, officials have emphasized that any investment in these assets will need to align closely with ongoing peace initiatives supported by Washington. Earlier this year, the Congolese government submitted a shortlist of strategic mining projects to potential American investors as… Read More Here

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