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Vedanta Raises Copper Investment Firepower Through Partial CopperTech Stake Sale 22 Investment News Copper Corporate News Mining in Zambia 

Vedanta Raises Copper Investment Firepower Through Partial CopperTech Stake Sale

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Vedanta sells 11.8% CopperTech stake to fund $372m expansion of Zambia’s Konkola Copper Mines UK-based Vedanta Resources is restructuring part of its asset portfolio to raise capital for expansion of its copper operations in Zambia, as global demand for the metal continues to strengthen. The company has announced plans to sell 11.8%, or approximately 23.5 million shares, in its US-based subsidiary CopperTech Metals Inc. The transaction is expected to generate net proceeds of up to $429 million, with around $372 million earmarked for investment in Zambia’s Konkola Copper Mines (KCM)… Read More Here
G7 Critical Minerals Strategy Triggers China’s BRICS-Led Supply Chain Realignment 23 International Economy 

G7 Critical Minerals Strategy Triggers China’s BRICS-Led Supply Chain Realignment

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G7 push to cut China rare earth dependence sparks BRICS cooperation as Beijing strengthens global minerals strategy The Group of Seven (G7) has intensified efforts to reduce reliance on China for critical minerals, a move that is prompting a coordinated geopolitical response from Beijing through deeper cooperation within the BRICS bloc. G7 leaders have agreed to work toward lowering dependence on China for rare earth elements and permanent magnets to below 60% by 2030, with a longer-term target of 50%. The strategy includes joint stockpiling arrangements, expanded recycling capacity, and… Read More Here
Atomic Eagle Secures Key Regulatory Approvals for Muntanga Uranium Project in Zambia 24 Mining in Zambia Corporate News New Mining Projects Uranium 

Atomic Eagle Secures Key Regulatory Approvals for Muntanga Uranium Project in Zambia

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Atomic Eagle obtains ZEMA approval and resettlement clearance for Zambia’s Muntanga uranium project, advancing development stage Australian-based uranium developer Atomic Eagle Limited has reached a major regulatory milestone at its flagship Muntanga Uranium Project in Zambia, securing two critical government approvals that significantly advance the project toward development. The company confirmed that the Zambia Environmental Management Agency (ZEMA) has approved the Environmental and Social Impact Assessment (ESIA) for the project. In addition, the Office of the Vice President’s Resettlement Division has issued a “No Objection” to the Resettlement Action Plan… Read More Here
Zambia Inflation Falls to Lowest Level Since 2018 as Economic Recovery Strengthens 25 Mining in Zambia Economy 

Zambia Inflation Falls to Lowest Level Since 2018 as Economic Recovery Strengthens

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Zambia inflation drops to 6.5% in June 2026, lowest since 2018, driven by strong kwacha and copper exports Zambia’s inflation rate has fallen to its lowest level since 2018, marking another milestone in the country’s ongoing economic recovery. The decline reflects a steady easing of price pressures across key sectors and reinforces growing signs of macroeconomic stabilisation following several years of volatility. According to the Zambia Statistics Agency, consumer inflation declined to 6.5% year-on-year in June, slightly lower than the 6.6% recorded in May. On a month-on-month basis, prices increased… Read More Here
Prospect Resources Advances Mumbezhi Toward Tier-1 Copper Development 26 Mining in Zambia Copper Corporate News New Mining Projects 

Prospect Resources Advances Mumbezhi Toward Tier-1 Copper Development

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Prospect Resources Builds Momentum at Mumbezhi Copper Project in Zambia Prospect Resources is rapidly establishing itself as a significant player in the global copper sector through the advancement of its flagship Mumbezhi Copper Project in Zambia. Located in one of Africa’s premier mining jurisdictions, the project is emerging as a substantial copper development opportunity at a time when demand for the red metal continues to strengthen, driven by electrification, renewable energy infrastructure and growing industrial requirements worldwide. The Mumbezhi Copper Project is situated in Zambia’s North-Western Province, a region that… Read More Here
Kobold Metals’ Benjamin Katabuka Calls for Greater Geological Knowledge to Accelerate Mineral Discovery 27 Mining in DRC Corporate News Events & Expos 

Kobold Metals’ Benjamin Katabuka Calls for Greater Geological Knowledge to Accelerate Mineral Discovery

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Kobold Metals Highlights AI-Powered Exploration and Long-Term Mining Opportunities in the DRC Speaking during the panel discussion titled “Mining Exploration: From Geological Uncertainty to Strategic Planning” at DRC Mining Week 2026, Benjamin Katabuka, Managing Director of Kobold Metals DRC, outlined the company’s vision for the future of mineral exploration in the Democratic Republic of Congo (DRC). Addressing participants gathered at the Pullman Lubumbashi Grand Karavia conference venue, Katabuka emphasized that one of the country’s biggest challenges remains the lack of detailed geological data across large parts of the DRC. Despite… Read More Here
DEWATERING & LIGHTING SOLUTIONS BY ATLAS COPCO 28 Corporate News Sponsored Content 

DEWATERING & LIGHTING SOLUTIONS BY ATLAS COPCO

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Power Meets Precision. Light Meets Efficiency. Transform your operations with Atlas Copco’s advanced dewatering pumps and innovative lighting solutions built to improve productivity, safety, and sustainability. SMART DEWATERING SOLUTIONSBuilt for Performance. Designed for Efficiency.From fuel-optimized diesel pumps to zero-emission electric systems, wedeliver flexibility for every application.Key Benefits:✔ Reliable, high-performance pumping✔ Energy-efficient✔ Designed for environmentally conscious operationsPerformance Range:• Super High HeadUp to 235m head | 1980 m³/h• High HeadUp to 150m head | 1200 m³/h• WEDA Submersible12–54 kW for slurry, sludge & dirty water. SMART LIGHTING FOR SAFER SITESLighting Innovation That… Read More Here
U.S. Welcomes Virtus Minerals’ Acquisition of Chemaf Assets as Strategic Step in DRC Mining Sector 51 Mining in DRC Cobalt Copper Corporate News Mergers & Acquisitions 

U.S. Welcomes Virtus Minerals’ Acquisition of Chemaf Assets as Strategic Step in DRC Mining Sector

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Virtus Minerals’ Chemaf Deal Marks U.S. Return to DRC Mining and Critical Minerals Push, Says Washington The acquisition of Chemaf Group’s mining assets in the Democratic Republic of Congo by U.S.-based Virtus Minerals continues to draw strong support from Washington, where officials view the deal as a strategic milestone in strengthening American engagement in the global critical minerals sector. Jacob S. Helberg, U.S. Under Secretary of State for Economic Affairs, described the transaction as a significant development for both the United States and the DRC, framing it as part of… Read More Here
DRC Mining Week 2026 Highlights Push for Greater Women’s Inclusion in Mining Sector 52 Mining in DRC Events & Expos 

DRC Mining Week 2026 Highlights Push for Greater Women’s Inclusion in Mining Sector

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DRC Mining Week 2026 Calls for Stronger Women Participation in Mining Through Finance, Leadership and Policy Reform The 2026 edition of DRC Mining Week in Lubumbashi emphasized the need for a more structured and inclusive approach to women’s participation in the extractive industry. The discussion took place during the “Women – Mines & Leadership” forum, co-organized by FONAREV and MMG Kinsevere. The forum brought together representatives from mining companies, women leaders in the sector, financial institutions, entrepreneurship organizations, universities, and public agencies to explore ways of strengthening women’s involvement across… Read More Here

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