Constance - Copperbelt Katanga Mining

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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

Mining in DRC Battery Metals Cobalt

DRC Encouraged to Build Regional and Global Partnerships to Strengthen Cobalt Value Addition

January 2, 2026January 2, 2026 Constance

DRC Cobalt Sector: Resource Matters Urges Strategic SADC Partnerships for Electric Vehicle Battery Production To accelerate the development of its cobalt sector and achieve local processing into precursors for electric vehicle (EV) batteries, the Democratic Republic of the Congo (DRC) is being encouraged to establish strategic partnerships, particularly with member countries of the Southern African Development Community (SADC). This recommendation is outlined in a white paper published by the NGO Resource Matters on increasing value addition to Congolese copper, cobalt, and lithium prior to export. According to Resource Matters, such… Read More Here

Mining in DRC News in Brief Partnership

DRC Strengthens Mining Partnerships with Vietnamese Investment Group Vingroup

January 2, 2026January 2, 2026 Constance

DRC Mining Sector: Minister of Mines Meets Vingroup to Discuss Strategic Iron Ore Investments His Excellency Mr. Louis Watum Kabamba, Minister of Mines of the Democratic Republic of the Congo (DRC), received in audience on Tuesday, December 30, 2025, the Chief Executive Officer of Vingroup, a major Vietnamese conglomerate expressing strong interest in investing in the Congolese mining sector. Discussions focused primarily on large-scale, structuring projects in the iron ore sector, to be developed in partnership with the Congolese Government. These projects aim to promote value creation and generate sustainable… Read More Here

Mining in Zambia Energy

Kiyona Energy Drives Zambia’s Solar Transition with Major Projects in Lusaka

December 30, 2025December 30, 2025 Constance

Kiyona Energy Advances Zambia’s 1,000MW Solar Target with New Lusaka Projects Kiyona Energy Limited, a subsidiary of ZESCO, is leading a major solar energy initiative in Lusaka, marking a significant milestone in Zambia’s ambition to generate 1,000 megawatts of solar electricity nationwide. At the Natural Resources Development College (NRDC) in Lusaka, the steady activity of excavators clearing a designated site signals the development of a 20MW solar photovoltaic (PV) plant. The project occupies a 20-hectare parcel of land provided by the Ministry of Agriculture through NRDC. Speaking at the site,… Read More Here

Mining in Zambia Economy

ZDA Records USD 14.71 Billion in Actualised Investments Since 2021

December 30, 2025December 30, 2025 Constance

Zambia Attracts USD 14.71 Billion in Actualised Investments Since 2021 – ZDA The Zambia Development Agency (ZDA) has recorded USD 14.71 billion in actualised investments from 2021 to date, reflecting a significant conversion of pledged projects into tangible economic activity across key sectors of the economy. Speaking during the ZDA End-of-Year Media Briefing, Director General Albert Halwampa disclosed that the figure is based on confirmed responses from 779 companies out of 2,065 firms holding ZDA investment licences. Collectively, these licensed companies had committed investments amounting to USD 89.31 billion. Mr… Read More Here

Mining in Zambia Electricity Energy

Zambia and Zimbabwe Deepen Energy Cooperation to Strengthen Power Security and Regional Integration

December 30, 2025December 30, 2025 Constance

Zambia and Zimbabwe Advance Joint Power Projects to Boost Energy Security and Regional Electricity Trade Zambia and Zimbabwe have reaffirmed their joint commitment to strategic power generation and transmission investments aimed at strengthening energy security, improving system resilience and deepening regional integration. Zambia’s Minister of Energy and Chairperson of the Zambezi River Authority (ZRA) Council of Ministers, Mr Makozo Chikote, MP, said the two countries were intensifying collaboration on key energy infrastructure projects in response to climate-related challenges that have adversely affected hydropower generation at the Kariba Complex. Mr Chikote… Read More Here

Uncategorized Economy Mining Policy

Zambia’s Mining Sector Consolidates Growth and Restores Confidence in 2025

December 30, 2025January 5, 2026 Constance

Zambia Mining Industry Shows Strong Recovery in 2025 as Copper Output, Investment and Confidence Rise Zambia’s mining sector delivered a solid and stabilising performance in 2025, reaffirming its role as the backbone of the national economy and a key driver of export earnings, fiscal revenues and foreign exchange inflows. The year was marked by a recovery in copper production, supported by the stabilisation and recapitalisation of several major mining assets, alongside the steady implementation of expansion programmes across the Copperbelt and North-Western Province. This operational improvement coincided with favourable global… Read More Here

Mining in DRC

DRC Govt Defines 2026 Strategic Roadmap to Modernize the Mining Sector

December 28, 2025December 28, 2025 Constance

DRC Mining Sector Reform: Government Sets 2026 Priorities and Accelerates Digital Transformation The Minister of Mines, Louis Watum, chaired a strategic planning meeting this week with Directors General of public services and agencies operating under his ministry, in the presence of the Secretary General for Mines. The meeting aimed to define priority actions for 2026 to revitalize the mining sector—one of the main pillars of the Congolese economy, yet one that continues to face significant structural challenges. According to a statement from the Ministry of Mines, the discussions focused on… Read More Here