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U.S. Sanctions Armed Groups Exploiting Critical Minerals in Eastern DRC 1 Mining in DRC Regional conflict 

U.S. Sanctions Armed Groups Exploiting Critical Minerals in Eastern DRC

U.S. Warns Armed Groups in DRC: Sanctions Target Illicit Mineral Trade and Rwanda-Backed M23 The United States announced new sanctions on Tuesday, August 12, 2025, targeting armed groups involved in the illegal exploitation of critical minerals in eastern Democratic Republic of Congo (DRC). Washington also warned that it is prepared to act against any group obstructing U.S. and allied access to these minerals, particularly in Rubaya, an area under the control of Rwanda’s army and M23 rebels for several months. “The Treasury Department will not hesitate to take action against… Read More Here
Lucapa Diamond Secures $10M Rescue Deal with Dubai’s Jemora Group 2 International Corporate News Diamond 

Lucapa Diamond Secures $10M Rescue Deal with Dubai’s Jemora Group

Lucapa Diamond (ASX: LOM) Wins $10M Bailout from Dubai’s Jemora to Exit Administration Lucapa Diamond Company (ASX: LOM), operator of Angola’s Lulo alluvial mine and Australia’s Merlin project, has struck a rescue deal with Dubai-based Jemora Group that could bring the struggling miner out of administration. Administrators KordaMentha confirmed they have signed a deed of company arrangement with Jemora’s subsidiary, Gaston International, which has agreed to inject around A$15 million (US$10 million) into Lucapa. Under the proposal: Creditors would be paid in full. Shareholders could receive a partial payout of… Read More Here
Zambia Breaks Ground on Chipata West 100MW Solar Power Project 3 Mining in Zambia Energy 

Zambia Breaks Ground on Chipata West 100MW Solar Power Project

Zambia Launches 100MW Chipata West Solar Plant to Boost Clean Energy and Cut Power Shortages The Zambian government has officially broken ground on the 100-megawatt (MW) Chipata West Solar Power Project, a major renewable energy investment expected to ease electricity shortages and drive socio-economic development in Eastern Province and beyond. Speaking during the groundbreaking ceremony in Chief Chinyaku’s chiefdom, Eastern Province Deputy Permanent Secretary Dr. Lewis Mwape, delivering a speech on behalf of Energy Minister Makozo Chikote, described the project as a “beacon of progress” under President Hakainde Hichilema’s New… Read More Here
Zambia Downplays Pollution Fears After Massive Mine Waste Spill 4 Mining in Zambia Mining safety 

Zambia Downplays Pollution Fears After Massive Mine Waste Spill

Zambia Mine Waste Disaster: Government Insists Water Safe Despite Report of 30x Higher Toxic Spill The Zambian government has moved to reassure the public about water safety following growing concerns over pollution from a recent mining disaster. A new independent study suggested the scale of contamination from a Chinese-owned copper mine may be far greater than initially disclosed. “The water is fit for consumption,” Zambia’s Minister of Green Economy and Environment, Mike Mposha, told reporters in Lusaka on Friday. Laboratory results released this week indicated that pH acidity levels in… Read More Here
Zambia’s Copper Output Slips in Q2 on Operational Challenges at Key Mines 5 Copper Mining in Zambia 

Zambia’s Copper Output Slips in Q2 on Operational Challenges at Key Mines

Zambia Copper Production Declines in Q2 Amid Mine Closures and Lower Ore Grades Zambia’s copper production dipped slightly in the second quarter of the year as operational issues at four major mines weighed on output, Mines Minister Paul Kabuswe announced on Thursday last week. Kabuswe pointed to the closure of Sino Metals following an acid spill and reduced ore grades at First Quantum Minerals’ Trident mine as key factors behind the decline. According to the minister, first-half production totaled about 439,644 metric tons. With first-quarter output reported at roughly 224,000… Read More Here
Congolese Miner CDMC Denies Links to Armed Groups Amid U.S. Sanctions 6 Mining in DRC 

Congolese Miner CDMC Denies Links to Armed Groups Amid U.S. Sanctions

CDMC Rejects Allegations of Armed Group Ties as U.S. Sanctions Target Rubaya Mining The Congolese mining company recently sanctioned by the United States has categorically rejected allegations linking it to armed groups and mineral smuggling in eastern Democratic Republic of Congo (DRC). On Tuesday, the U.S. Treasury Department announced sanctions against the Cooperative des Artisanaux Miniers du Congo (CDMC) over what it described as the illicit sale of critical minerals smuggled from Rubaya, a mineral-rich region. The sanctions also targeted the Coalition des Patriotes Resistants Congolais-Forces de Frappe (PARECO-FF)—an armed… Read More Here
Barrick Gold Highlights Africa as Core Growth Driver with Record Output from Kibali and Lumwana 7 Gold Corporate News Mining in DRC Mining in Zambia 

Barrick Gold Highlights Africa as Core Growth Driver with Record Output from Kibali and Lumwana

Barrick Hails Africa as Key Cash Generator, Showcasing Growth Across Gold and Copper Operations Africa remains a cornerstone of Barrick Gold’s portfolio, with the continent delivering some of the strongest cash flows for the company in the second quarter of 2025. CEO Mark Bristow praised the region’s performance, noting higher production, improved unit costs, and progress on multiple strategic growth projects. Barrick’s flagship Kibali gold mine in the Democratic Republic of Congo (DRC) delivered another strong quarter. Operated by Barrick and jointly owned with AngloGold Ashanti (45% each) and Société… Read More Here
Alphamin Resources Boosts Earnings as Tin Sales Surge 8 Uncategorized Corporate News Mining in DRC Tin 

Alphamin Resources Boosts Earnings as Tin Sales Surge

Alphamin Resources Q2 Earnings Jump 21% to $75M as Tin Sales Climb, $65M Dividend Announced JSE-listed Alphamin Resources has reported a 21% quarter-on-quarter increase in EBITDA to $75 million for the second quarter ended June 30, 2025, driven primarily by higher tin sales. Operations at the company’s Bisie tin mine in the Democratic Republic of Congo were temporarily halted earlier this year due to security concerns over insurgent activity near surrounding communities. The shutdown disrupted both production and sales before operations resumed in mid-April. Bisie produced 4,106 tonnes of contained… Read More Here
Zambia Copper Mine Disaster Far Worse Than Reported, Independent Audit Finds 9 Copper Mining in Zambia Safety & Health 

Zambia Copper Mine Disaster Far Worse Than Reported, Independent Audit Finds

Zambia Copper Mine Spill Released 30x More Toxic Waste Than Official Estimate, Audit Reveals The partial collapse of a waste dam at a Chinese state-owned copper mine in Zambia may have released 30 times more toxic sludge into the environment than previously reported, according to an independent evaluation of the disaster. An assessment by Drizit Zambia Ltd., hired to investigate the February 18 accident at Sino-Metals Leach Zambia Ltd. near Kitwe, found that at least 1.5 million tons of sulphuric acid-bearing tailings escaped—enough to fill more than 400 Olympic-sized swimming… Read More Here
Zimbabwe’s Gold Boom Overwhelms Laboratories Amid Record Prices 10 Gold International 

Zimbabwe’s Gold Boom Overwhelms Laboratories Amid Record Prices

Zimbabwe Gold Output Soars 40% as Record Prices Drive Exploration Surge Zimbabwe’s mining laboratories are struggling to cope with a surge in mineral samples, as gold producers ramp up exploration in response to record-high prices, a senior mining executive revealed on Wednesday. Geopolitical tensions, aggressive central bank purchases, and economic uncertainty—exacerbated by former U.S. President Donald Trump’s tariff policies—pushed gold prices to an unprecedented $3,500 per ounce in April 2025. Even Zimbabwe, where gold production had plummeted after decades of political and economic turmoil, has seen a remarkable rebound. The… Read More Here

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