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Vingroup Advances Green Mobility Project in Kinshasa with VinFast EV Initiative

January 3, 2026January 4, 2026 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

January 3, 2026January 3, 2026 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

International Copper Corporate News Gold

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

January 3, 2026January 3, 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

Transport and Logistics International

AFC Secures Landmark Financing for Angola’s Lobito Atlantic Railway

January 3, 2026January 3, 2026 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

International Copper Corporate News

MMG Approves Major Khoemacau Copper Mine Expansion in Botswana

January 2, 2026January 2, 2026 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

Copper Corporate News Mining in DRC

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

January 2, 2026January 2, 2026 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

Mining in Zambia Economy Mining tax

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

January 2, 2026 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

Gold International New Mining Projects

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

January 2, 2026January 2, 2026 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

Uncategorized

Mercuria Secures 2026 Copper Concentrate Offtake from Bulgaria’s Ellatzite Mine

January 2, 2026January 2, 2026 Constance

Mercuria Signs $250 Million Offtake Deal for Ellatzite Copper Concentrate Production in 2026 Global commodities trading group Mercuria announced on Tuesday that it has signed an offtake agreement with Bulgarian mining company Geotechmin covering 100 percent of the copper concentrate production from the Ellatzite mine for the year 2026. The agreement includes a prepayment facility of $250 million and reflects Mercuria’s broader strategy to expand its metals trading business in Europe. Kostas Bintas, Mercuria’s Global Head of Metals, said in a statement that the deal is consistent with the company’s… Read More Here

Mining in DRC Artisanal mining

Lualaba Governor Announces Govt Commission Following Suspension of Artisanal Mining

January 2, 2026January 2, 2026 Constance

DRC Mining Reform: Lualaba Governor Confirms Support Measures After Suspension of Artisanal Mining Activities Following the decision by the national Minister of Mines to temporarily suspend artisanal mining activities across the Democratic Republic of the Congo (DRC), the Governor of Lualaba Province, Fifi Masuka Saini, has announced the imminent arrival of a special commission established by the central government to oversee and implement support measures linked to this decision. The announcement was made during a high-level working session chaired by the governor on Saturday, December 27, 2025, which brought together… Read More Here