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Andrada Mining Defers £7.7m Loan Repayment to Fund Expansion at Namibia’s Uis Mine 1 International Corporate News 

Andrada Mining Defers £7.7m Loan Repayment to Fund Expansion at Namibia’s Uis Mine

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Andrada Mining Delays £7.7m Convertible Loan Repayment to 2027 to Accelerate Uis Mine Expansion in Namibia Andrada Mining Limited has postponed the repayment of £7.7 million in convertible loan notes by one year, extending the maturity date to July 2027 as it prioritises expansion at its Uis Mine in Namibia and aims to scale production across its critical minerals portfolio. Loan restructuring terms revised The company confirmed it has amended loan notes originally issued in July 2023. Key changes include: The £7.7 million facility was raised through the issuance of… Read More Here
Sibanye-Stillwater Halts Operations After Fatal Shaft Accident at Kloof Mine 2 International Mining safety 

Sibanye-Stillwater Halts Operations After Fatal Shaft Accident at Kloof Mine

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Sibanye-Stillwater Kloof Mine Accident: Two Workers Killed as Operations Suspended Pending Investigation JSE- and NYSE-listed mining company Sibanye-Stillwater has confirmed the deaths of two contractor employees following a fatal accident at its Kloof 8 shaft on 3 May. The incident occurred during preparations for a routine scheduled shaft inspection. According to the company, an inspection platform became detached from the main winder conveyance, causing it to descend uncontrollably down the shaft. The two contractors sustained fatal injuries as a result. Investigation and regulatory response underway A full investigation into the… Read More Here
Glencore Reports Mixed Q1 Output as Copper Rises and Coal Production Declines 3 International Coal Copper Corporate News 

Glencore Reports Mixed Q1 Output as Copper Rises and Coal Production Declines

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Glencore Q1 Results: Copper Output Up 19% While Coal Production Falls 22% Amid Weather and Operational Disruptions Diversified mining and commodities group Glencore reported mixed production results for the first quarter, with strong growth in copper output offset by declines in steelmaking coal and cobalt production, alongside stable performance in other segments. Steelmaking coal output falls sharply Glencore’s steelmaking coal production fell 22% year-on-year to 6.5 million tonnes. The decline was driven by pit sequencing changes at Elk Valley Resources in Canada, adverse weather conditions in Queensland, Australia, and a… Read More Here
First Trade Convoy from Eastern DRC Reaches Kinshasa via Green Corridor Launch 4 Mining in DRC Transport and Logistics 

First Trade Convoy from Eastern DRC Reaches Kinshasa via Green Corridor Launch

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DRC Kivu–Kinshasa Green Corridor Launches First Cargo Convoy to Kinshasa, Boosting East–West Trade Links The first convoy along the Kivu–Kinshasa Green Corridor has arrived in the Congolese capital, Kinshasa, marking a symbolic milestone for a major economic integration project designed to connect the eastern and western regions of the Democratic Republic of the Congo (DRC). Multimodal route showcases trade potential Departing from North Kivu, the convoy followed a multimodal transport route through Kisangani before continuing downstream along the Congo River to Kinshasa. It carried three containers of locally produced goods,… Read More Here
Zambia Rejects U.S. Proposal Linking Health Funding to Critical Minerals Deal Amid Privacy Concerns 5 Mining in Zambia Critical Minerals 

Zambia Rejects U.S. Proposal Linking Health Funding to Critical Minerals Deal Amid Privacy Concerns

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Zambia Opposes U.S. Plan to Tie $2 Billion Health Funding to Critical Minerals Access Over Privacy and Sovereignty Concerns Zambia has rejected a U.S. proposal that sought to link health-sector funding with access to the country’s critical minerals, exposing key points of disagreement that have stalled negotiations between the two governments. Foreign Affairs and International Cooperation Minister Mulambo Haimbe said the United States had proposed providing up to $2 billion in health funding over five years under a draft bilateral agreement. However, he noted that several provisions particularly those related… Read More Here
Cat® Unveils Battery Electric Power Unit at IFAT 2026, Turning Electrification Into a Drop-In Solution 6 International Corporate News Equipment & Technology 

Cat® Unveils Battery Electric Power Unit at IFAT 2026, Turning Electrification Into a Drop-In Solution

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Electrifying Industrial Equipment: Cat® BEPU Makes Its Debut at IFAT 2026 On May 1, 2026, Caterpillar announced the first public showcasing of its prototype Cat® Battery Electric Power Unit (BEPU), marking a significant step forward in the electrification of industrial machinery. The debut will take place at IFAT 2026 in Munich from May 4–7, where the BEPU will be integrated into a Doppstadt SWS 6 Spiral Shaft Separator. A Practical Approach to Electrification The Cat BEPU is engineered as a real-world solution to simplify and accelerate the transition from diesel… Read More Here
DRC Mining Boom Masks Heavy Reliance on China and Copper 7 Mining in DRC Copper 

DRC Mining Boom Masks Heavy Reliance on China and Copper

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DRC Mining Exports: Heavy Reliance on China and Copper Raises Economic Risk The structure of the Democratic Republic of Congo’s (DRC) mineral exports reveals a dual dependency on a dominant trading partner, China, and a single primary commodity, copper. This is the main finding of a report by consulting firm Target Sarl. China accounts for approximately 62% of the DRC’s mineral export volumes, confirming its position as the country’s leading export destination. This dominance is reinforced by significant Chinese investment in the mining sector, which supports production and infrastructure. However,… Read More Here
CEC Commissions Itimpi II Solar Plant, Boosting Zambia’s Renewable Energy Capacity 8 Mining in Zambia Corporate News Energy 

CEC Commissions Itimpi II Solar Plant, Boosting Zambia’s Renewable Energy Capacity

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Zambia Expands Solar Power: CEC Launches 136MW Itimpi II Plant to Strengthen Energy Security The Copperbelt Energy Corporation (CEC) Group has commissioned the 136MW Itimpi II Solar Photovoltaic (PV) Power Plant in Kitwe, marking a major expansion of its renewable energy portfolio and reinforcing Zambia’s transition toward a more diversified energy mix. With the addition of Itimpi II, CEC’s total installed solar capacity rises from 94MW to 230MW. This makes it the largest operational solar facility in Zambia and among the top three in sub-Saharan Africa.  The project was delivered… Read More Here
DRC Govt Launches Crackdown on Mining Fraud and Illegal Mineral Exploitation 9 Mining in DRC 

DRC Govt Launches Crackdown on Mining Fraud and Illegal Mineral Exploitation

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DRC Intensifies Fight Against Illegal Mining: Tshisekedi Orders Crackdown on Fraud Networks in Key Sector The government of the Democratic Republic of the Congo has announced a series of “coercive” measures aimed at tackling mining fraud and the illegal exploitation of minerals activities that continue to cost the country substantial revenue. The decision followed a high-level meeting on April 30 chaired by Deputy Prime Minister and Interior Minister Jacquemain Shabani Lukoo, alongside key cabinet members. The initiative comes in response to directives issued by President Félix Tshisekedi during the 87th… Read More Here
Zambia Raises Diesel and Kerosene Prices as Global Oil Costs Climb 10 Oil & Gas Mining in Zambia Petroleum 

Zambia Raises Diesel and Kerosene Prices as Global Oil Costs Climb

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Zambia Fuel Prices May 2026: Diesel, Kerosene and Jet A-1 Increase While Petrol Holds Steady The Energy Regulation Board (ERB) has announced revised petroleum pump prices for May 2026, with increases in diesel, kerosene, and Jet A-1, while petrol prices remain unchanged. The adjustment follows the regulator’s monthly review, which recorded a continued rise in international oil prices driven largely by geopolitical tensions in the Middle East. During the review period, global petrol prices increased by 5.77%, from $114.51 to $120.28 per barrel. Diesel prices saw a sharper rise of… Read More Here

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