DR Congo Signs Strategic Mining Deal with U.S. based Company Kobold Metals to Boost Lithium Exploration and AI-Driven Geological Mapping…
On Thursday, at the African UnionCity in Kinshasa, Democratic Republic of the Congo (DRC) President F lix Tshisekedi presided over the signing of a major agreement between the Congolese government and U.S.-based company Kobold Metals. The agreement marks a significant step toward American investment in the country’s mining sector. The document was signed by Congolese Minister of Mines, Kizito Pakabomba… Read full details
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U.S. Firms Orion and Virtus in Talks to Acquire Congo’s Chemaf Resources as Global Cobalt Race Heats Up…
A U.S.-based consortium, including former special forces and intelligence veterans, is in advanced talks to acquire Chemaf Resources Ltd., a copper and cobalt producer at the heart of intensifying U.S.-China competition over critical minerals in the Democratic Republic of Congo (DRC). According to sources familiar with the matter, Orion Resource Partners and Virtus Minerals are jointly negotiating… Read full details
Vedanta Surpasses $400 Million Investment in Konkola Copper Mines, Accelerating Zambia Copper Production…
Vedanta Resources has successfully fulfilled its initial investment commitment of US$124 million under the Shareholders’ Agreement ahead of the July 1, 2025 deadline. This brings Vedanta’s total investment in Konkola Copper Mines (KCM) operations to over US$400 million since resuming management in August 2024. This milestone is a key step toward Vedanta’s broader pledge to invest US$1 billion over… Read full details
Non-Compliant Mopani Contractors Face Ban by August 31, 2025: CEO Issues Final Warning…
Mopani Copper Mines has issued a firm deadline of August 31, 2025, for all local suppliers and contractors to comply with statutory obligations or risk being disqualified from doing business with the mining company. Speaking at a recent stakeholder engagement meeting, Chief Executive Officer Charles Sakanya expressed concern over the low compliance levels among local vendors with key institutions… Read full details
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