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Haut-Uele Governor Backs Cancellation of Kibali Subcontracting Agreements 1 Mining in DRC Governance 

Haut-Uele Governor Backs Cancellation of Kibali Subcontracting Agreements

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Haut-Uele Governor Jean Bakomito Supports Termination of Kibali Contracts to Enforce DRC Subcontracting Law The Governor of Haut-Uele province, Jean Bakomito, has welcomed the cancellation of subcontracting agreements between Kibali Gold Mine and the companies KMS, Boart Longyear, and TAI Services, describing the move as a significant step toward stricter enforcement of the Democratic Republic of Congo’s subcontracting regulations. In an official statement, Governor Bakomito expressed support for the decision taken by the Autorité de Régulation de la Sous-traitance dans le secteur Privé (ARSP), noting that the termination of the… Read More Here
Serval Resources Launches 2026 Exploration Programme in Botswana’s Kalahari Copper Belt 2 International Copper Corporate News Exploration 

Serval Resources Launches 2026 Exploration Programme in Botswana’s Kalahari Copper Belt

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Serval Begins Ground Geophysics on KCL Licences in Kalahari Copper Belt Following Conditional Acquisition Deal Copper and future metals developer Serval Resources has commenced its first exploration work programme of 2026 on Botswana assets owned by Kalahari Copper Limited (KCL), following KCL’s approval. The licences are located in the Kalahari Copper Belt (KCB), widely regarded as one of the most prospective regions globally for sediment-hosted copper discoveries. Conditional Acquisition of KCL As previously announced on 9 February, Serval has entered into a conditional share purchase agreement to acquire 100% of… Read More Here
Jubilee Metals Completes South Africa Exit, Shifts Strategic Focus to Zambia 3 Mining in Zambia Copper Corporate News 

Jubilee Metals Completes South Africa Exit, Shifts Strategic Focus to Zambia

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Jubilee Metals Sells South African Chrome and PGM Assets, Repositions Board and Capital Strategy Around Zambia Aim- and AltX-listed Jubilee Metals Group has completed the sale of its chrome and platinum group metals (PGM) operations in South Africa, marking a decisive shift in strategic focus toward its copper portfolio in Zambia. The disposal enables the company to concentrate capital and management resources on its expanding Zambian operations, which are increasingly central to its growth strategy. Board Realignment Toward Zambia and Copper Following the transaction, Jubilee’s board has resolved to progressively… Read More Here
DRC and Republic of Congo Sign MoU to Develop Hydroelectric Projects on the Congo River 4 Mining in DRC Hydro power plant 

DRC and Republic of Congo Sign MoU to Develop Hydroelectric Projects on the Congo River

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DRC and Republic of Congo Partner on Congo River Hydropower to Boost Electricity Supply and Regional Integration The Democratic Republic of Congo (DRC) and the Republic of Congo signed a memorandum of understanding (MoU) in Kinshasa on Thursday, 26 February 2026, to jointly develop hydroelectric infrastructure along the Congo River. Authorities described the initiative as a strategic shared asset that could transform energy availability and support economic growth in both countries. Planned Hydroelectric Projects According to the DRC’s Ministry of Hydroelectric Resources, the agreement covers several major projects on both… Read More Here
SACIM Completes First Antwerp Diamond Sale in Over a Decade 5 Diamond Corporate News Mining in DRC 

SACIM Completes First Antwerp Diamond Sale in Over a Decade

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SACIM Sells 288,000 Carats in Antwerp as Congolese Industrial Diamonds Return to Open Market The Société Anhui Congo d’Investissement Minier (SACIM) has completed its first public sale of industrial diamonds in Antwerp, Belgium, totalling 288,000 carats. The transaction, held from 16 to 20 February 2026, marks a significant step in re-establishing the company’s presence on the international open market. The sale was conducted with technical coordination from Samir Gems and the Antwerp World Diamond Centre (AWDC). A total of 67 international companies participated, including buyers from China, India, the United… Read More Here
DRC Launches DRC Gold Trading SA Branch in Lubumbashi to Formalise Artisanal Gold Sector 6 Mining in DRC Artisanal mining Gold 

DRC Launches DRC Gold Trading SA Branch in Lubumbashi to Formalise Artisanal Gold Sector

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DRC Mines Minister Louis Watum Kabamba Opens Lubumbashi Gold Trading Office to Curb Smuggling and Boost Official Exports On an official visit to Haut-Katanga province, the Democratic Republic of Congo’s Minister of Mines, Louis Watum Kabamba, inaugurated a new regional branch of DRC Gold Trading SA in Lubumbashi on 26 February 2026. DRC Gold Trading SA, a state-owned enterprise, has been mandated to combat fraud, illicit trade and smuggling in the country’s artisanal and small-scale gold mining (ASM) sector. The opening of the Lubumbashi branch is intended to strengthen state… Read More Here
China Lithium Prices Surge as Zimbabwe Suspends Raw Mineral Exports 7 Battery Metals International Lithium News in Brief 

China Lithium Prices Surge as Zimbabwe Suspends Raw Mineral Exports

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Zimbabwe Halts Lithium Exports, Driving China Lithium Carbonate Prices Higher Amid Energy Storage Demand China’s lithium prices jumped sharply on Thursday after Zimbabwe suspended exports of all raw minerals and lithium concentrates, raising concerns about potential supply disruptions amid booming energy storage demand. The most actively traded lithium carbonate contract on the Guangzhou Futures Exchange surged 6.07% to 178,020 yuan ($26,043.45) per metric ton as of 03:30 GMT, after earlier spiking over 9% to 187,700 yuan. Zimbabwe, Africa’s largest lithium producer, exported 1.128 million tons of spodumene concentrate in 2025… Read More Here
Ghana to Channel Artisanal Gold into Formal Trade to Boost Revenue 8 International Artisanal mining Gold 

Ghana to Channel Artisanal Gold into Formal Trade to Boost Revenue

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Ghana Launches ASM Gold Formalisation Program Targeting $20 Billion in Annual Foreign-Exchange Inflows Ghana plans to direct approximately 127 metric tons of artisanal and small‑scale mining (ASM) gold annually into official trade channels under revised sector reforms, aiming to increase foreign-exchange earnings and curb smuggling, Cassiel Ato Forson announced on Wednesday. Across Africa, ASM gold leakage costs countries billions each year as undeclared production is smuggled through porous borders to global trading hubs such as Dubai. Ghana, Africa’s top gold producer, lost an estimated $11.4 billion between 2019 and 2023,… Read More Here
Tshisekedi Prioritises Gold Sector Reform to Boost State Revenue 9 Mining in DRC Economy Gold Governance 

Tshisekedi Prioritises Gold Sector Reform to Boost State Revenue

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DRC President Félix Tshisekedi Unveils Strategy to Curb Gold Smuggling and Strengthen Economic Sovereignty The President of the Democratic Republic of the Congo, Félix Tshisekedi, has placed reform of the gold sector at the centre of the government’s economic agenda, citing its critical importance to public finances and macroeconomic stability. During the Council of Ministers meeting held on 20 February 2026, President Tshisekedi underscored the strategic value of gold production and expressed concern that a significant portion of national output continues to bypass official channels. According to the meeting’s official… Read More Here
DRC Mining Week 2026 Set to Spotlight Critical Minerals and Investment Opportunities 10 Mining in DRC Events & Expos Sponsored 

DRC Mining Week 2026 Set to Spotlight Critical Minerals and Investment Opportunities

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DRC Mining Week 2026 in Lubumbashi to Unite 16,500 Global Mining Leaders Around Critical Minerals and Energy Transition From 17 to 19 June 2026, mining stakeholders from across the globe will convene at the Karavia Hotel in Lubumbashi for DRC Mining Week 2026. Organisers expect more than 16,500 participants from over 51 countries, reaffirming the event’s status as the largest mining and infrastructure platform in the Democratic Republic of Congo and the wider Copperbelt region. Theme: From Local Player to Global Critical Minerals Hub Held under the theme “The DRC’s… Read More Here

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