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DRC Mines Minister Calls for African Mineral Revolution at Africa Mining Week

October 2, 2025October 2, 2025 Constance

DRC Mines Minister Urges Africa to Drive Mineral Beneficiation and Value Chains at Africa Mining Week 2025 The era of “feel-good” international meetings is over, declared Democratic Republic of Congo (DRC) Mines Minister Louis Watum Kabamba, as he delivered a keynote address at the opening of Africa Mining Week 2025 in Cape Town. His message was clear: “It’s time for results.” Africa’s Resource Power “Africa is rising,” Kabamba stated. “We must, as a region, take control of our resources.” He described this as part of the broader African Revolution, emphasising… Read More Here

Events & Expos

DRC, Zimbabwe and Nigeria Announce New Mineral Beneficiation and Value-Addition Plans at African Mining Week

October 2, 2025October 2, 2025 Constance

African Mining Leaders Unveil Bold Value-Addition Strategies at Ministerial Forum Mining leaders from the Democratic Republic of Congo (DRC), Zimbabwe, and Nigeria have outlined ambitious strategies to accelerate mineral beneficiation and value addition at the African Mining Week Ministerial Forum. DRC Targets Global Copper Leadership Louis Watum Kabamba, Minister of Mines for the DRC, revealed that the country is prioritising the creation of special economic zones (SEZs) to attract investment and industrial participation. A new “one-stop shop” for fiscal processes is being developed to streamline capital inflows and technology transfer.… Read More Here

Mining in DRC

Congo’s Mining Fund Faces Scrutiny Over Mismanagement of Royalties

September 30, 2025September 30, 2025 Constance

Report Alleges Misuse of $461 Million in DRC Mining Fund for Future Generations The Mining Fund for Future Generations (Fomin), a Congolese public institution with financial and administrative autonomy, collects an average of US$6–7 million per month in royalties from mining operators, according to its Director General, Faustin Biringanine. Biringanine made the disclosure on September 29, 2025, in response to a report by the NGO African Observatory of Natural Resources (Afrewatch), which accused Fomin of serious mismanagement of public funds. Revenue and Allocation Biringanine clarified that around 20% of monthly… Read More Here

International Corporate News Mining Equipment

Fortescue Orders Record-Breaking Fleet of Green Mining Trucks from China

September 30, 2025September 30, 2025 Constance

Fortescue Signs Landmark Deal with XCMG for 200 Battery-Electric Haul Trucks to Advance Net-Zero Mining Fortescue, the global iron-ore giant, has placed China’s largest-ever export order for green mining equipment, signing a supply agreement with XCMG Machinery for 150 to 200 battery-electric haul trucks. The 240-tonne vehicles will make up nearly half of Fortescue’s future heavy-haul fleet and will be deployed at its Pilbara iron-ore operations in Western Australia. The move marks a major step toward the company’s ambitious goal of eliminating fossil fuels from all land-based operations by 2030.… Read More Here

Corporate News News in Brief Press Release

Ivanhoe Mines Closes US$500 Million Strategic Private Placement with Qatar Investment Authority

September 30, 2025September 30, 2025 Constance

Toronto, Ontario–(Newsfile Corp. – September 29, 2025) – Ivanhoe Mines Ltd. (TSX: IVN) (OTCQX: IVPAF) announces that the company has closed the private placement offering with Qatar Investment Authority (QIA), as previously announced on September 17, 2025. In accordance with the offering, Ivanhoe Mines has issued 57,516,666 common shares to QIA at a price of C$12.00 per share. Pursuant to the investor rights agreement between the company and Zijin Mining Group Co. Ltd., Zijin has exercised its right to acquire 8,004,800 common shares of Ivanhoe Mines at the same issue… Read More Here

International Corporate News

Kavango Resources Lists on VFEX, Boosting Zimbabwe’s Mining and Investment Prospects

September 30, 2025September 30, 2025 Constance

Kavango Resources Joins Victoria Falls Stock Exchange, Driving Investor Confidence in Zimbabwe’s Mining Sector Metals exploration and gold production company Kavango Resources has officially listed on the Victoria Falls Stock Exchange (VFEX) in Zimbabwe, becoming the 17th company to join the exchange, which is celebrating its fifth year of operation. Speaking at the listing ceremony on September 26, VFEX chairperson and nonexecutive director Caroline Sandura highlighted that Kavango’s entry marked a new chapter in building a modern, competitive financial marketplace in Zimbabwe. She noted that the market had already shown… Read More Here

International Corporate News Gold

Japan Gold and Barrick Mining End Strategic Alliance After Five Years of Exploration

September 29, 2025September 29, 2025 Constance

Japan Gold Ends Partnership with Barrick Mining After C$23 Million Investment and Plans New Exploration Strategy The strategic alliance between Japan Gold (TSXV: JG) and Barrick Mining (TSX: ABX, NYSE: GOLD) will officially end on October 31, 2025, after more than five years of collaboration and C$23 million (US$17 million) in exploration spending. Announced by Vancouver-based Japan Gold, the decision to terminate the partnership was mutual. Established in February 2020, the alliance aimed to explore, develop, and mine mineral properties in Japan with the potential to host Tier 1 or… Read More Here

Events & Expos

US Africa Energy Forum Unveils Strategic Energy and Mineral Partnerships

September 29, 2025September 29, 2025 Constance

U.S.-Africa Energy Partnership: $9.2 Billion in Deals to Power Africa’s Future On the sidelines of the 80th United Nations General Assembly, the Atlantic Council’s Africa Center hosted the African Energy Forum, focusing on Africa’s growing role in global energy and mineral security. Addressing the forum, Jonathan Pratt, Senior Official in the Bureau of African Affairs at the U.S. Department of State, emphasized a critical reality: more than 600 million Africans still lack access to electricity. At the same time, he stressed Africa’s immense potential to meet this gap while supplying… Read More Here

Mining in DRC Economy Technology & Innovation

DRC Central Bank Governor Highlights Digital Innovation and Economic Growth at Europe-Africa Investment Forum

September 29, 2025September 29, 2025 Constance

DRC Positioned as Africa’s Next Tech and Economic Powerhouse — Central Bank Governor Wameso Outlines Vision Last Friday, September 26, in Brussels, André Wameso, Governor of the Central Bank of Congo (BCC), took part in the Europe-Africa Investment Forum, where he reviewed the state of the Congolese economy and positioned the Democratic Republic of Congo (DRC) as a strategic hub for technological innovation and sustainable development in Africa. In his speech, Governor Wameso emphasized the DRC’s demographic potential. With a population exceeding 100 million, of which 70% are under the… Read More Here

Mining in DRC Technology & Innovation

DRC President Champions Digital Transformation at UN General Assembly

September 29, 2025September 29, 2025 Constance

DRC Unveils Digital Vision for 2030: Félix Tshisekedi Calls for Global Support to Transform Congo into Africa’s Tech Hub At the 80th session of the United Nations General Assembly in New York, President Félix Tshisekedi placed digital technology at the center of his vision for the Democratic Republic of Congo (DRC). Chairing the DRC Digital National 2030 side event, President Tshisekedi described digital transformation as “the key to unlocking the DRC’s potential, creating millions of jobs, and ensuring shared prosperity.” His stated goal is to make the DRC “a technology… Read More Here