Economy - Copperbelt Katanga Mining

Zambia and Türkiye Deepen Economic Ties to Drive Investment and Growth 1

Zambia and Türkiye Reaffirm Commitment to Boost Trade and Investment in Mining, Infrastructure and Agriculture Zambia and Türkiye have reaffirmed their commitment to strengthening bilateral economic cooperation following a high-level engagement between the Minister of Finance and National Planning, Dr Situmbeko Musokotwane, MP, and the Turkish Ambassador to Zambia, His Excellency Huseyin Barbaros Dicle. Ambassador Dicle paid a courtesy call on Dr Musokotwane at the Ministry of Finance and National Planning headquarters, where discussions focused on expanding sustainable investment partnerships across sectors of shared economic interest. The meeting underscored Zambia’s… Read More Here

Mining in DRC Copper Corporate News Economy

DRC’s Gécamines Buys 100,000 Tonnes of Copper from Tenke Fungurume

January 13, 2026January 13, 2026 Constance

Gécamines Launches Copper Trading Operations with Landmark Purchase from Tenke Fungurume Congo’s state-owned mining company, Gécamines, announced on Monday that it has exercised its contractual right to purchase 100,000 tonnes of copper from the Tenke Fungurume Mining (TFM) operation, majority-owned by China’s CMOC. The transaction represents 20 per cent of TFM’s annual copper output, in line with Gécamines’ equity stake in the mine. According to Gécamines, deliveries will be spread throughout the year, with the copper volumes destined for export to the United States market. The company said the sales… Read More Here

Gold Economy International

Gold Set for $4,800 per Ounce in 2026 as Bullish Momentum Continues

January 11, 2026January 11, 2026 Constance

Morgan Stanley Forecasts Gold Price Surge to $4,800 Amid Safe-Haven Demand and Rate Cuts After a record-breaking 2025, gold continues to drive bullish sentiment across global financial markets. In a note published on January 5, 2026, Morgan Stanley projected that gold could reach $4,800 per ounce by the fourth quarter of 2026, citing a supportive monetary environment and sustained demand for safe-haven assets. The American bank highlighted several key drivers behind the forecast: potential interest rate cuts, possible changes in leadership at the US Federal Reserve, and continued accumulation of… Read More Here

Mining in DRC Economy Gold

DRC Central Bank to Make Gold a Pillar of National Reserves from 2026

January 11, 2026January 11, 2026 Constance

DR Congo Plans to Boost Gold Reserves in 2026 to Strengthen Financial Stability and Sovereignty As the Democratic Republic of Congo continues to grapple with persistent security challenges in its eastern regions, the Central Bank of Congo (BCC) has outlined a strategic shift aimed at strengthening the country’s financial resilience. Beginning in 2026, gold will become a central pillar of the nation’s reserve diversification strategy, according to BCC Governor André Wameso. Speaking on Thursday, January 8, 2026, Governor Wameso said the accumulation of monetary gold is now a key priority… Read More Here

Mining in Zambia Economy

Kwacha Nears Two-Year High as Zambia’s De-Dollarisation Drive Sparks Dollar Sell-Off

January 11, 2026January 11, 2026 Constance

Zambia’s Kwacha Strengthens to Two-Year High Following Government Crackdown on Dollar Use Zambia’s kwacha traded near its strongest level in more than two years after a government directive limiting the use of foreign currencies in domestic transactions triggered a surge in dollar selling across the market. The currency gained sharply during the trading session, rising close to 1% against the US dollar before easing slightly to close the day higher. The move extends a strong rally that began last year and has been supported by record copper prices and improving… Read More Here

International Economy Gold

Gold Prices Rally as Geopolitical Tensions Rise After Venezuela Leadership Crisis

January 7, 2026January 7, 2026 Constance

Gold Surges on Safe-Haven Demand Following Venezuela Leadership Captured by U.S. Gold prices advanced sharply on Monday as investors sought safe-haven assets amid heightened geopolitical tensions following the United States’ capture of Venezuelan President Nicolás Maduro over the weekend. Spot gold climbed to a one-week high near $4,455 per ounce, approaching the record levels seen at the end of 2025, while U.S. gold futures also strengthened.The Economic Times Investors increased allocations to gold and other precious metals after the weekend’s events in Venezuela triggered concerns about regional instability and broader… 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

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

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 Economy Gold

Gold Prices Rise as DRC Mineral Exports Show Mixed Market Trends

December 25, 2025December 25, 2025 Constance

DRC Gold Prices Climb to USD 139 per Gram Amid Volatile Global Mineral Markets International markets for mineral products exported by the Democratic Republic of Congo showed mixed performance during the penultimate week of December 2025, with gold emerging as a standout performer amid global economic uncertainty. According to the National Market Commission of the Ministry of Foreign Trade, gold continues to benefit from sustained investor demand as a safe-haven asset in an environment marked by geopolitical tensions, financial market volatility, and persistent macroeconomic risks. During the week under review,… Read More Here