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A New Chapter for the Great Lakes? Tshisekedi and Kagame Sign Washington Peace Accord 1 Mining in DRC Governance Regional conflict 

A New Chapter for the Great Lakes? Tshisekedi and Kagame Sign Washington Peace Accord

Constance
Tshisekedi and Kagame Sign U.S.-Brokered Peace Agreement in Washington to Ease DRC–Rwanda Tensions, Under the mediation of U.S. President Donald Trump, Democratic Republic of the Congo President Félix Tshisekedi and Rwandan President Paul Kagame signed a peace agreement in Washington on Thursday, December 4, 2025. The accord is presented as an important step toward normalizing relations between the two neighboring countries after years of regional tension. Although orchestrated by the White House, the agreement primarily seeks to establish a new framework for cooperation in the Great Lakes region. It outlines… Read More Here
Kamoa-Kakula Smelter Launched After Traditional Ceremony Marks Start of Operations 2 Mining in DRC Copper Corporate News 

Kamoa-Kakula Smelter Launched After Traditional Ceremony Marks Start of Operations

Constance
Kamoa-Kakula Copper Smelter Begins Operations After Inaugural Heating Ceremony in DRC The Kamoa-Kakula copper smelter, promoted as the largest and most environmentally advanced on the African continent, officially began heating on November 21, 2025. Ivanhoe Mines, the operator of the copper complex in Lualaba province, confirmed that the first feed of concentrate was expected before the end of the year. The launch was marked by a traditional ceremony led by Chief Musokantanda Sabuni Kafweku, symbolizing the connection between ancestral customs and the industrial ambition of the project. A flame from… Read More Here
DRC Mineral Markets See Mixed Movements as Copper Continues Upward Trend 3 Mining in DRC Copper 

DRC Mineral Markets See Mixed Movements as Copper Continues Upward Trend

Constance
Copper Prices Rise as Other Key DRC Minerals Show Mixed Performance in Early December 2025 International markets displayed contrasting trends for the Democratic Republic of Congo’s (DRC’s) major mineral exports during the week of December 1–6, 2025. According to projections from the National Market Commission of the Ministry of Foreign Trade, copper continued its recent momentum with a notable increase, while several other minerals fluctuated between stability and decline. Copper is expected to reach $10,823.83 per tonne, up from $10,769.55 the previous week. Although modest, this rise reinforces an ongoing… Read More Here
Barrick Completes Sale of Tongon Gold Mine as Portfolio Optimization Accelerates 4 International Corporate News Gold 

Barrick Completes Sale of Tongon Gold Mine as Portfolio Optimization Accelerates

Constance
Barrick Mining Sells Tongon Gold Mine to Atlantic Group in Deal Worth Up to $305 Million Gold miner Barrick Mining has finalized the sale of its interests in the Tongon gold mine and associated exploration properties in Côte d’Ivoire to the Atlantic Group, in a transaction valued at up to $305 million. The company announced on Tuesday that the consideration includes $192 million in cash, which incorporates a $23 million shareholder loan repayment due within six months of closing. An additional $113 million in contingent payments may be made over… Read More Here
Galileo Resources Launches Drilling Program at Molefe Copper Project in Zambia 5 Mining in Zambia Copper Corporate News New Mining Projects News in Brief 

Galileo Resources Launches Drilling Program at Molefe Copper Project in Zambia

Constance
Galileo Resources Begins Drilling at Zambia’s Molefe Copper Project with Jubilee Metals IM-listed Galileo Resources has commenced drilling at its Molefe copper project in Zambia following the signing of a conditional cooperation and project development agreement with Jubilee Metals on November 27. The drilling program began with two holes completed out of an anticipated ten-hole campaign, initiated under the terms of the collaboration agreement. The program has multiple objectives: maintaining the current production profile over the next three months, replacing depleted resources over a six-month mid-term horizon, and executing a… Read More Here
Atomic Eagle Targets 100 Million Pounds of Uranium at Muntanga Project in Zambia 6 Mining in Zambia New Mining Projects Uranium 

Atomic Eagle Targets 100 Million Pounds of Uranium at Muntanga Project in Zambia

Constance
Atomic Eagle Unveils Massive Exploration Target at Muntanga Uranium Project in Zambia ASX-listed Atomic Eagle has announced a new JORC-compliant exploration target of 40 million to 100.5 million pounds of triuranium octoxide (U₃O₈), at a grade range of 150 to 350 parts per million (ppm), for its Muntanga project in Zambia. This target is in addition to the company’s existing JORC-compliant mineral resource, which includes 40 million pounds in the measured and indicated categories and 7.4 million pounds inferred. Atomic Eagle says the new exploration target underscores the scale of… Read More Here
Glencore Charts Bold Copper Expansion as It Cuts 2026 Output Forecast 7 International Copper Corporate News 

Glencore Charts Bold Copper Expansion as It Cuts 2026 Output Forecast

Constance
Glencore Unveils Major Copper Expansion Plan but Lowers 2026 Output Target Glencore Plc has announced an ambitious plan to nearly double its copper production over the next decade, even as it scales back expectations for 2026. The strategy, revealed during the company’s first capital markets day in three years, aims to restore investor confidence following a steep decline in output. Copper prices are currently at record highs, yet Glencore is on track to produce about 40% less copper this year compared with 2018, with volumes expected to fall further next… Read More Here
Lucara Awards Key Lateral Development Contract for Botswana’s Karowe Underground Project 8 International Corporate News Diamond 

Lucara Awards Key Lateral Development Contract for Botswana’s Karowe Underground Project

Constance
Lucara Diamond Corp Selects Group R for Major Lateral Development Works at Karowe Underground Mine in Botswana Canada-headquartered Lucara Diamond Corporation has awarded the lateral development contract for its Karowe Underground Project (UGP) in Botswana to Group R Mining and Exploration Botswana. The contract covers all underground lateral development linking the production and ventilation shafts to the orebody. This includes construction of the extraction level, underground crushing chamber, fine ore bins, pump stations with vertical dams, drilling horizons, workshops, and all necessary connecting infrastructure to advance development toward the kimberlite.… Read More Here
Shuka Minerals Moves Closer to Full Acquisition of Zambia’s Kabwe Zinc Mine 9 Mining in Zambia Corporate News Mergers & Acquisitions Zinc 

Shuka Minerals Moves Closer to Full Acquisition of Zambia’s Kabwe Zinc Mine

Constance
Shuka Minerals to Receive Remaining Funds for Kabwe Zinc Mine and LEM Acquisition in December Aim- and AltX-listed Shuka Minerals has confirmed that it expects to receive the remaining funds needed to finalize its acquisition of Leopard Exploration and Mining (LEM) and the Kabwe zinc mine in central Zambia this month—slightly later than originally planned. In a December 1 update, the company said it had already completed the initial payment tranche, securing a 22.2% stake in LEM and the Kabwe project. However, subsequent payments from Gathoni Muchai Investments (GMI) are… Read More Here
Barrick Considers IPO of North American Gold Assets Amid Rising Costs and Investor Pressure 10 International Corporate News Gold 

Barrick Considers IPO of North American Gold Assets Amid Rising Costs and Investor Pressure

Constance
Barrick Mining Weighs IPO of North American Gold Assets as Operational Challenges Mount Barrick Mining (TSX: ABX; NYSE: GOLD) is considering an initial public offering (IPO) of its North American gold assets as the company confronts rising costs and a series of operational setbacks. In a statement, the board said it has unanimously authorized management to explore the creation and listing of a new subsidiary that would house key North American operations. Barrick would retain control of the proposed company, while listing only a small minority interest. The unit would… Read More Here

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