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DRC Opens Competitive Tender for 94.5-MW Nfuka Mukaji Hydropower Project 1 Mining in DRC Hydro power plant 

DRC Opens Competitive Tender for 94.5-MW Nfuka Mukaji Hydropower Project

Constance
DRC Launches Competitive Tender for 94.5-MW Privately Financed Nfuka Mukaji Hydropower Plant The Electricity Sector Regulatory Authority (ARE) of the Democratic Republic of Congo (DRC) has launched a competitive tender for the development of a hydroelectric power project at the Nfuka Mukaji falls, located in Haut-Lomami province. The call for expressions of interest, published on December 24, 2025, relates to a 94.5-MW hydropower plant that will be financed by private investors. The tender process follows a concession application submitted by Umeme Energy Sarl. Upon review, the ARE determined that the… Read More Here
Tenke Fungurume Delivers $31 Million in Community Projects to Strengthen Local Development 2 Mining in DRC Corporate social responsibility 

Tenke Fungurume Delivers $31 Million in Community Projects to Strengthen Local Development

Constance
TFM Completes Major Community Development Projects in DRC, Boosting Education, Health, and Agriculture Tenke Fungurume Mining (TFM) officially handed over the second batch of community development projects under its 2021 specifications on December 11, 2025, marking a significant milestone in its partnership with local communities. The projects, representing a commitment of over $31 million, aim to address priority areas including education, agriculture, infrastructure, health, youth training, and women’s empowerment. Education Initiatives Education was a central focus of this handover phase. TFM delivered five fully equipped primary schools in Mpumpi Gare,… Read More Here
Vingroup Advances Green Mobility Project in Kinshasa with VinFast EV Initiative 3 Mining in DRC Battery Metals 

Vingroup Advances Green Mobility Project in Kinshasa with VinFast EV Initiative

Constance
Vingroup Plans 120,000 Electric Vehicles in Kinshasa, Launching Sustainable Urban Transport Ecosystem Vietnam’s Vingroup has provided new details on its planned green mobility project in Kinshasa, following a preliminary agreement signed with the city in October 2025. In a statement on December 29, Vingroup said it signed a trilateral memorandum of understanding on December 24 with Kinshasa’s Provincial Ministry of Transport and Urban Mobility and Congolese company Exposure Sarl. The memorandum establishes a framework for cooperation to develop a modern, sustainable, and accessible urban transport system. Through its electric vehicle… Read More Here
DRC Extends Cobalt Export Quotas to March 2026 Amid Logistical Challenges 4 Mining in DRC Battery Metals Cobalt 

DRC Extends Cobalt Export Quotas to March 2026 Amid Logistical Challenges

Constance
DRC Extends Cobalt Export Quotas to Support Producers After 2025 Export Delays The Government of the Democratic Republic of Congo (DRC) has extended the validity of cobalt export quotas for the last quarter of 2025 until March 31, 2026. The announcement was made by the Congolese regulator in a press release dated December 28, 2025. The extension comes in response to difficulties experienced by producers during the resumption of exports following the February 2025 embargo on cobalt, a strategic metal for the electric vehicle battery industry. Although the ban was… Read More Here
Zijin Mining Projects Double-Digit Growth in Gold and Copper Production for 2026 5 International Copper Corporate News Gold 

Zijin Mining Projects Double-Digit Growth in Gold and Copper Production for 2026

Constance
Zijin Mining Targets Record Gold and Copper Output Amid Surging Commodity Prices Zijin Mining Group Co., China’s largest mining company, has announced plans for double-digit growth in gold and copper production in 2026, following a year of record profits driven by soaring commodity prices and expanded operations. The company reported that estimated net income for 2025 surged as much as 62% to 52 billion yuan ($7.4 billion), fueled by all-time high prices for copper, gold, and silver. The preliminary earnings were released late Tuesday. Looking ahead, Zijin Mining aims to… Read More Here
AFC Secures Landmark Financing for Angola’s Lobito Atlantic Railway 6 Transport and Logistics International 

AFC Secures Landmark Financing for Angola’s Lobito Atlantic Railway

Constance
AFC Signs $753 Million Financing Deal to Advance Lobito Atlantic Railway Corridor in Angola Africa Finance Corporation (AFC) has announced the signing of key financing agreements for the Lobito Atlantic Railway Project in Angola, marking a major milestone for one of Southern Africa’s most strategic transport corridors. AFC, working alongside Eaglestone, acted as Co-Financial Adviser to Lobito Atlantic Railway S.A. (LAR), the concessionaire responsible for rehabilitating, upgrading, and operating the 1,300-kilometre railway line connecting the Port of Lobito on Angola’s Atlantic coast to the border with the Democratic Republic of… Read More Here
MMG Approves Major Khoemacau Copper Mine Expansion in Botswana 7 International Copper Corporate News 

MMG Approves Major Khoemacau Copper Mine Expansion in Botswana

Constance
MMG Greenlights $900 Million Khoemacau Copper Expansion to Boost Production and Cut Costs MMG Limited has announced that its Board of Directors has approved the feasibility study and committed to the construction of a major expansion at the Khoemacau Copper Mine in Botswana. The project is designed to increase the mine’s annual production capacity to 130,000 tonnes of copper in concentrate, with associated silver output expected to exceed 4 million ounces. The expansion involves extending mining operations to the Zone 5 North, Mango, and Zeta North-East deposits, as well as… Read More Here
Ivanhoe Mines Announces First Anode Production from Kamoa-Kakula Copper Smelter 8 Copper Corporate News Mining in DRC 

Ivanhoe Mines Announces First Anode Production from Kamoa-Kakula Copper Smelter

Constance
Kamoa-Kakula Produces First Copper Anodes as Africa’s Largest Smelter Enters Ramp-Up Phase Ivanhoe Mines Executive Co-Chairman Robert Friedland and President and Chief Executive Officer Marna Cloete have announced the successful production of the first copper anodes at the Kamoa-Kakula Copper Complex in Kolwezi, Democratic Republic of the Congo. The milestone was achieved on December 29, 2025, at the company’s on-site, state-of-the-art direct-to-blister copper smelter, following the start of furnace heat-up and the initial feeding of copper concentrate. Commenting on the achievement, Ivanhoe Mines Founder and Executive Co-Chairman Robert Friedland described… Read More Here
Zambia Becomes First African Nation to Accept Yuan for Mining Taxes and Royalties 9 Mining in Zambia Economy Mining tax 

Zambia Becomes First African Nation to Accept Yuan for Mining Taxes and Royalties

Constance
Zambia Mining Sector Adopts Chinese Yuan for Taxes, Marking Major Shift in Africa’s Copper Economy Zambia has become the first African country to formally accept China’s yuan (renminbi) for the payment of mining taxes and royalties, a move that highlights Beijing’s expanding financial influence across Africa’s most strategic resource sectors. The Bank of Zambia confirmed that payments in renminbi began in October, marking a significant shift in how Africa’s second-largest copper producer manages revenues from its mining industry. Chinese mining operators in Zambia have started settling part of their tax… Read More Here
Ethiopia Secures $340 Million Financing to Launch Landmark Tulu Kapi Gold Mine 10 Gold International New Mining Projects 

Ethiopia Secures $340 Million Financing to Launch Landmark Tulu Kapi Gold Mine

Constance
Ethiopia Mining Sector: $340 Million Secured to Develop Tulu Kapi, the Country’s Largest Modern Gold Project Ethiopia has taken a decisive step toward transforming itself from a marginal gold producer into a significant player in Africa’s mining industry after securing approximately $340 million in financing to develop the long-delayed Tulu Kapi gold project, the country’s largest modern mining venture. The financing milestone clears the way for construction to begin on one of Ethiopia’s most important gold mines. The funding package comprises around $240 million in long-term debt from African development… Read More Here

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