Zambia Strengthening Investment Climate Through Reforms and Regional Cooperation, Delegates Told…
President Hakainde Hichilema last week addressed delegates at the Zambia International Mining and Energy Conference (ZIMEC), underscoring the country’s improving investment climate, the revival of dormant mining assets, and the growing role of both local and regional investment in driving economic growth. Speaking to industry leaders, investors, and policymakers, the President pointed to the reopened…Read full details
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US Firm Virtus Minerals Secures Regulatory Approval to Restart Chemaf Mines, Boosting DRC’s Cobalt and Copper Production…
US-based Virtus Minerals announced it is moving to restart the Chemaf cobalt and copper mines in the Democratic Republic of Congo (DRC) after securing full regulatory approval. This marks the first acquisition of operating mines under the US–Congo minerals partnership, following a series of offtake agreements. Virtus stated that its immediate focus will be on inventory verification, technical and… Read full details
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Kabeta Calls for Stronger Governance and Innovation in Zambia’s Mining Sector…
Kitwe, Zambia – Ministry of Mines and Minerals Development Permanent Secretary, Dr. Hapenga M. Kabeta, has called for strengthened governance, technical professionalism, and innovation to secure Zambia’s position as a competitive and sustainable mining hub. Addressing delegates at the AZEMEC Explorers Forum in Kitwe, Dr. Kabeta underscored the importance of structured dialogue platforms that… Read full details
Glencore Expands Focus on DRC Copper and Cobalt Assets as It Targets 1 Million Tonnes of Copper Output by 2028…
Glencore is intensifying its investment focus on the Democratic Republic of the Congo (DRC) as part of a long-term strategy to become one of the world’s leading copper producers without relying on large-scale mergers. The company recently ended merger discussions with Rio Tinto that could have created the world’s largest mining group. Instead, Glencore has opted to strengthen its balance sheet and… Read full details