Copperbelt Katanga Mining - African Copperbelt's Top Mining News

ZCCM-IH’s Royalty Bet Pays Off as Kansanshi Deal Delivers $110.6 Million

March 13, 2026March 13, 2026 admin0 comment

ZCCM-IH Earns $110.6 Million From Kansanshi Mine Royalty After Swapping Dividends for Revenue Share ZCCM Investments Holdings Plc’s decision to swap dividend rights for a revenue-linked royalty at Kansanshi Mining Plc is proving lucrative, with the state-linked investor pocketing $110.6 million between 2022 and 2024. The Lusaka-based company introduced the 3.1% gross revenue royalty in 2021, a move designed to stabilize cash flow from Zambia’s largest copper mine. The payments have continued even as Kansanshi suspended dividends in 2023 and 2024, underscoring how the model shields Zambia from the volatility… Read More Here

Mining in DRC Economy Gold

DRC Launches First Pilot Gold Refinery in Tanganyika Province

March 12, 2026March 12, 2026 Constance0 comment

Democratic Republic of Congo Opens First Gold Refinery in Kalemie to Boost Local Processing and Transparency The Democratic Republic of Congo (DRC) has officially launched its first pilot gold refinery in Kalemie, the capital of Tanganyika Province, marking an important milestone in the country’s efforts to process its mineral resources locally and strengthen governance in the gold sector. The refinery was inaugurated on Wednesday, March 11, 2026, during a ceremony attended by several senior government officials. Among those present were Guylain Nyembo Mbwizya, Minister of State and Minister of Planning;… Read More Here

Mining in Zambia Copper Economy

Zambia Seeks Global Investment to Triple Copper Production by 2031

March 11, 2026March 11, 2026 Constance0 comment

Zambia Targets 3 Million Tons of Copper by 2031 as Government Courts Global Investors Zambia is actively courting international investors, including those from the United States, as it works toward an ambitious goal of tripling its copper production to 3 million metric tons by 2031, Mines Minister Paul Kabuswe said on Tuesday. Africa’s second-largest copper producer after the Democratic Republic of the Congo is increasingly viewed as a strategic partner for the United States. Washington has been stepping up efforts to diversify supply chains for critical minerals and reduce reliance… Read More Here

Mining in DRC Economy Gold

Congo Expands State Gold Trading to Strengthen National Reserves

March 10, 2026March 10, 2026 Constance0 comment

DRC Gold Trading Targets 15 Tons of Artisanal Gold in 2026 as Central Bank Eyes Reserve Boost The Democratic Republic of Congo’s state-owned gold trading company plans to significantly increase the volume of gold it purchases from the country’s artisanal mining sector, targeting up to 15 metric tons this year, with the national central bank expected to play a key role as a buyer. Congo, one of the world’s leading suppliers of battery metals and a country rich in largely untapped gold deposits established DRC Gold Trading in December 2022… Read More Here

Mergers & Acquisitions Corporate News International

Fortescue Acquires Alta Copper to Secure Full Ownership of Cañariaco Project in Peru

March 10, 2026March 10, 2026 Constance0 comment

Fortescue Completes Alta Copper Acquisition, Securing 100% of Cañariaco Copper Project Diversified mining company Fortescue has completed its acquisition of Alta Copper, securing full ownership of the Cañariaco Copper Project in northern Peru. The transaction was finalized through a Canadian plan of arrangement, under which Fortescue subsidiary Nascent Exploration acquired all issued and outstanding shares of Alta Copper that were not already owned by the group. Under the terms of the agreement, Alta Copper shareholders received C$1.40 per share in cash, representing a total equity value of approximately C$139 million.… Read More Here

Exploration Corporate News New Mining Projects

Rome Resources Expands Critical Minerals Strategy with New Exploration Projects in Canada

March 10, 2026March 10, 2026 Constance0 comment

Rome Resources Signs Option to Acquire Tin and Tungsten Exploration Licences in New Brunswick London-listed Rome Resources, which holds exploration assets in the Democratic Republic of Congo (DRC), has signed an option agreement to acquire working interests in early-stage mineral exploration licences in New Brunswick. The licences are located near the historic Mount Pleasant Mine area and include the Three Lakes and Schoullar Mountain projects. Together, the properties cover more than 109 km² of exploration ground east of Mount Pleasant, a former tungsten, molybdenum, tin, and indium mining project in… Read More Here

Mining in DRC Cobalt Copper Corporate News Mining safety Safety & Health

Tenke Fungurume Mine Accused of Polluting Air and Harming Communities in DR C

March 10, 2026March 10, 2026 Constance0 comment

“ Toxic Transition ” Report Links Cobalt Mining in DR Congo to Health Risks for Communities Cobalt and copper extracted in the Democratic Republic of Congo play a critical role in the global energy transition, particularly in the production of batteries for electric vehicles. However, a new report warns that the extraction of these strategic minerals may be causing serious health problems for communities living near major mining operations. The report, titled “Toxic Transition,” was published by the Environmental Investigation Agency (EIA) and the Congolese civil society group PremiCongo. It… Read More Here

Mining in DRC Oil & Gas Petroleum

DRC Boosts Oil Revenue and Fights Fraud with Innovative Fuel Traceability Program

March 10, 2026March 10, 2026 Constance0 comment

Molecular Marking of Petroleum in DRC Drives Revenue Growth and Reduces Fuel Smuggling The Democratic Republic of Congo (DRC) is taking significant steps to combat fraud in its hydrocarbon sector, addressing a long-standing problem of fuel smuggling that has resulted in major tax losses. To tackle this challenge, the government has implemented a pioneering technological reform: molecular marking of petroleum products. This initiative is designed to clean up the fuel supply chain and strengthen state revenues through advanced traceability measures. The program, led by MAMO RDC SARL in partnership with… Read More Here

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