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DRC’s DGDA to Auction More Than 120 Tonnes of Minerals in Lubumbashi 1 Mining in DRC Copper Zinc 

DRC’s DGDA to Auction More Than 120 Tonnes of Minerals in Lubumbashi

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DRC Customs to Auction 121.6 Tonnes of Confiscated and Abandoned Minerals in Lubumbashi The Democratic Republic of Congo’s General Directorate of Customs and Excise (DGDA) is preparing to auction 121.62 tonnes of abandoned and confiscated mineral products held at its public warehouse in Lubumbashi, Haut-Katanga Province. The auction was announced in a notice signed on 18 August 2026 by DGDA Director-General Bernard Kabese Musangu. The minerals are currently stored at the customs authority’s public warehouse at the Lubumbashi-Ville/701B customs office. The stock consists of three main categories. The largest is… Read More Here
Trafigura Holds Large LME Zinc Stocks as Prices Reach Four-Year High 2 International Corporate News Zinc 

Trafigura Holds Large LME Zinc Stocks as Prices Reach Four-Year High

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LME Zinc Prices Hit Four-Year High as Trafigura Holds Large Exchange Stocks Zinc prices on the London Metal Exchange (LME) have climbed to their highest level in four years, supported by tightening inventories and expectations of stronger demand, while trading company Trafigura holds a significant share of the metal stored in LME warehouses. LME zinc prices recently rose to around $3,500 a tonne, reaching their highest level since 2022. The rally reflects growing concerns over available stocks as consumers and traders monitor supply conditions. More than half of the zinc… Read More Here
Zambia’s Copper Sector Gains Momentum as BHP’s Copper Earnings Surge to $18.2 Billion 3 Mining in Zambia Copper Economy 

Zambia’s Copper Sector Gains Momentum as BHP’s Copper Earnings Surge to $18.2 Billion

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Zambia’s Copper Outlook Strengthens as BHP Copper Earnings Reach $18.2 Billion Zambia’s copper industry is gaining renewed strategic importance as global demand for the metal strengthens, highlighted by BHP’s copper earnings reaching $18.2 billion and copper increasingly challenging iron ore as a key growth commodity. The development is significant for Zambia, Africa’s second-largest copper producer, as the country seeks to expand production and attract investment into new and existing mining projects. Copper is benefiting from rising demand linked to electric vehicles, renewable-energy systems, electricity grids, data centres and other electrification… Read More Here
US and China Turn to Deep-Sea Mining as Africa’s Critical Minerals Face New Competition 4 International Battery Metals Cobalt Copper 

US and China Turn to Deep-Sea Mining as Africa’s Critical Minerals Face New Competition

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US and China Deep-Sea Mining Push Could Reshape Africa’s Critical Minerals Investment The United States and China are intensifying efforts to access critical minerals from the deep ocean, opening a new frontier in the global race for resources used in batteries, clean-energy technologies, electronics and defence. Deep-seabed deposits are estimated to contain mineral resources potentially worth up to $16 trillion, including copper, cobalt, nickel, manganese, zinc, silver, gold and rare earth elements. Key deposits include polymetallic nodules, polymetallic sulphides and ferromanganese crusts. The growing focus on seabed resources comes as… Read More Here
Mali’s Gold Production Rises 30% in First Half of 2026 5 International Gold 

Mali’s Gold Production Rises 30% in First Half of 2026

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Mali Gold Output Reaches 23.5 Tonnes in H1 2026, Beating Government Forecast Mali’s industrial gold production increased by about 30% in the first half of 2026, reaching 23.5 tonnes and exceeding the government’s forecast for the period. Data from Mali’s Mines Ministry shows that production between January and June rose from approximately 18 tonnes during the same period in 2025 to 23.5 tonnes this year. The figure was also above the government’s forecast of 21.2 tonnes. The stronger-than-expected performance puts Mali on course to meet or potentially exceed its full-year… Read More Here
DRC and Belgium Advance Umicore–STL Germanium Processing Partnership 6 Mining in DRC Partnership 

DRC and Belgium Advance Umicore–STL Germanium Processing Partnership

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DRC and Belgium Discuss Umicore–STL Partnership to Expand Local Germanium Processing The Democratic Republic of Congo (DRC) and Belgium are advancing discussions around a partnership between Belgian materials technology group Umicore and the Société pour le Traitement du Terril de Lubumbashi (STL) aimed at expanding the local processing of germanium. The project was among the cooperation matters discussed during a meeting in Kinshasa on 21 August 2026 between DRC authorities and Belgium’s Ambassador to the country, Roxane de Bilderling. The discussions included the development of the Umicore–STL industrial partnership and… Read More Here
54 US Lawmakers Seek Greater Transparency on DRC–US Critical Minerals Agreements 7 Mining in DRC Governance 

54 US Lawmakers Seek Greater Transparency on DRC–US Critical Minerals Agreements

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54 US Lawmakers Call for Greater Transparency Over DRC–US Minerals Agreements Fifty-four Democratic members of the US House of Representatives have called on the Trump administration to provide greater transparency and accountability regarding agreements and negotiations involving the United States and the Democratic Republic of the Congo (DRC), particularly those concerning critical minerals such as copper and cobalt. In a letter dated 17 August 2026, the lawmakers asked senior US officials, including representatives of the State, Commerce and Treasury departments, to provide information on the terms, implementation and oversight of… Read More Here
Galileo and Partner Pursue Resolution Over Luansobe Copper Licences in Zambia 8 Mining in Zambia Corporate News 

Galileo and Partner Pursue Resolution Over Luansobe Copper Licences in Zambia

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Galileo and Statunga Seek Amicable Resolution to Luansobe Copper Licence Dispute London-listed Galileo Resources and its joint venture partner Statunga Investments are maintaining their legal position over two small-scale mining licences that make up the Luansobe Copper Project in Zambia, while engaging key stakeholders in an effort to reach an amicable resolution. The licences, numbered 34543/HQ/SML and 34545/HQ/SML, are central to the Luansobe project, in which Galileo holds a 75% interest through a joint venture agreement with Statunga signed in December 2021. The latest development follows the discovery in July… Read More Here
AEW 2026 to Explore Africa’s Shift from Local Content Participation to Industrialization 9 Events & Expos International Sponsored Content 

AEW 2026 to Explore Africa’s Shift from Local Content Participation to Industrialization

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As Africa develops its estimated 125.3 billion barrels of crude oil and 620 trillion cubic feet of natural gas to strengthen energy security and expand local economies, local-content frameworks are entering a new phase. Governments are moving beyond requirements for local employment and procurement toward building domestic industrial capacity and strengthening digital compliance while maintaining an investment environment capable of delivering competitive returns for international partners. Developments across Mozambique, Namibia, Nigeria, Ghana, Angola and other African markets reflect this shift. African Energy Week (AEW) 2026, scheduled for October 12 –… Read More Here
DRC Mines Minister Urges Youth to Drive Sustainable Value Creation 10 Mining in DRC Economy 

DRC Mines Minister Urges Youth to Drive Sustainable Value Creation

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DRC Mines Minister Louis Watum Calls on Youth to Transform Mineral Wealth into Sustainable Economic Growth Democratic Republic of Congo (DRC) Minister of Mines Louis Watum Kabamba has called on young Congolese to play a greater role in transforming the country’s vast mineral resources into long-term economic and social benefits. Speaking at a youth-focused symposium in Kinshasa on 18 August, Watum said the DRC’s exceptional mineral wealth should be viewed not only as an opportunity for the current generation but also as an asset that must be developed responsibly for… Read More Here

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