Economy - Copperbelt Katanga Mining

DRC Produces 785,841 Tonnes of Copper in Q1 2025, Driven by Private Operators

September 7, 2025September 7, 2025 Constance

DRC Copper Output Reaches 785,841 Tonnes in First Quarter 2025, Highlighting Private Sector Dominance The Democratic Republic of Congo (DRC) recorded a production of 785,841 tonnes of copper in the first quarter of 2025, according to the statistical bulletin released by the Central Bank of Congo (BCC) at the end of August. Out of this total, Gécamines, the state-owned mining company historically central to the Congolese mining sector, produced only 2,318 tonnes. The overwhelming majority—783,523 tonnes—came from Gécamines’ private partners and other mining operators active across the country. These figures… Read More Here

Mining in DRC Economy Governance

Tshisekedi Reinforces Commitment to Business Climate and Subcontracting Law in the DRC

September 7, 2025September 7, 2025 Constance

DRC President Tshisekedi Backs Business Climate Reforms and Subcontracting Law Enforcement President Félix-Antoine Tshisekedi has reaffirmed his determination to strengthen the business climate in the Democratic Republic of Congo (DRC) and ensure strict compliance with the law on subcontracting. In the coming days, a joint commission of the Regulatory Authority for Subcontracting in the Private Sector (ARSP) and the Federation of Congolese Enterprises (FEC) will be deployed to companies to monitor the enforcement of the subcontracting law. This initiative was presented to the Head of State on Thursday, September 4,… Read More Here

Mining in DRC Economy

Germanium Prices Fall Nearly 6% in Early September 2025, Impacting DRC’s Export Strategy

September 7, 2025September 7, 2025 Constance

Germanium Prices Drop 5.9%: What It Means for the DRC’s Strategic Mineral Exports Germanium, a critical mineral exported by the Democratic Republic of Congo (DRC) and widely used in semiconductors and optical technologies, has recorded a significant price correction on international markets. According to the Ministry of Foreign Trade, the average price per ton stood at USD 3,864.60 during the week of September 1–6, 2025, down from USD 4,108.08 the previous week—a decline of 5.92%. “The price of a ton of germanium is falling on international markets during the week… Read More Here

Economy Mining in Zambia

Bank of Zambia Introduces Phased Currency Regulations to Reinforce Kwacha Stability

August 31, 2025August 31, 2025 Constance

Zambia Strengthens Kwacha with Phased Currency Regulations Bank of Zambia Governor Dr. Denny H. Kalyalya has reaffirmed the central bank’s commitment to reinforcing the Kwacha as Zambia’s sole legal tender, announcing that new Currency Regulations will be implemented in a phased and simplified manner. Speaking at the final round of consultative stakeholder engagements in Ndola under the Public Private Dialogue Forum (PPDF), Dr. Kalyalya highlighted the risks of dollarisation, warning that excessive reliance on foreign currencies undermines the Kwacha, limits the effectiveness of monetary policy, and exposes banks and borrowers… Read More Here

Mining in Zambia Copper Economy

Zambia’s Stock Market Leads Global Gains on Copper Boom

August 30, 2025August 31, 2025 Constance

Zambia’s Stock Market Surges 56% in 2025, Driven by Copper and Energy Stocks Zambia’s main stock index has outpaced all others worldwide in August, climbing 14.3% as the country benefits from a copper boom. The Lusaka Securities Exchange All Share Index is also the world’s top performer in 2025, up nearly 56% in local currency terms. When measured in U.S. dollars, the rally is even stronger at 84%, with only Ghana’s index showing higher gains. The surge is being fueled largely by Copperbelt Energy Corp. Plc (CEC), the company that… Read More Here

Mining in Zambia Economy

Zambia Welcomes Chinese Investors, Signals Strong Investment Opportunities

August 29, 2025August 29, 2025 Constance

President Hichilema Reaffirms Zambia Open for Business as Chinese Investors Explore Key Sectors President Hakainde Hichilema has reaffirmed that Zambia is open for business and investment, welcoming a delegation of Chinese investors from the Zhong Minglian Group, led by Mr. Dia Benling. The delegation expressed interest in agriculture, mining, energy, manufacturing, and healthcare, with plans to establish joint ventures alongside local partners. President Hichilema emphasized that these sectors are critical to Zambia’s economic growth and job creation, particularly for the country’s youth. “The state visit to China last year has… Read More Here

Mining in Zambia Economy

ZCCM-IH Hits $1 Billion Market Capitalisation on Lusaka Securities Exchange

August 29, 2025August 29, 2025 Constance

ZCCM Investment Holdings Achieves $1 Billion Market Cap, Signaling Strong Investor Confidence in Zambia ZCCM Investment Holdings Plc (ZCCM-IH) has reached a market capitalisation of US$1 billion on the Lusaka Securities Exchange (LuSE), marking a historic milestone for the company and Zambia’s capital markets. The achievement was celebrated during a bell-ringing ceremony jointly hosted by ZCCM-IH and LuSE. Speaking at the event, Mines Minister Paul Kabuswe said the milestone reflects strong investor confidence in ZCCM-IH, supported by the government’s stable policy framework. He noted that growth in the mining sector… Read More Here

Mining in DRC Economy

DRC to Issue First-Ever $1.5 Billion Eurobond to Finance Infrastructure and Boost Connectivity

August 29, 2025August 29, 2025 Constance

Democratic Republic of Congo Launches $1.5B Eurobond to Fund Infrastructure and Drive Growth The Democratic Republic of Congo (DRC) will issue its first-ever Eurobond worth $1.5 billion, the Ministry of Finance announced on Friday. The bond aims to finance priority infrastructure projects and enhance national connectivity in line with the government’s 2024–2028 Action Program. A Eurobond is a debt instrument issued on international financial markets in hard currency—typically U.S. dollars—to attract foreign investors. In exchange, the issuing country commits to repaying the capital, plus interest, over an agreed period. According… Read More Here

Mining in Zambia Economy

Zambia’s Inflation Eases to 12.6% in August 2025

August 28, 2025August 28, 2025 Constance

Zambia Inflation Slows to 12.6% in August 2025 as Food and Fuel Prices Moderate Zambia’s annual inflation rate slowed to 12.6 percent in August 2025, down from 13 percent in July, according to the Zambia Statistics Agency (ZamStats). In its monthly bulletin, ZamStats attributed the moderation to lower price increases across both food and non-food items. Acting Statistician General Sheila Mudenda reported that annual food inflation for August stood at 14.9 percent, compared with 15.3 percent in July. “This means that food prices, on average, increased by 14.9 percent between… Read More Here

International Economy Gold

Burkina Faso Boosts Mining Revenues as Govt Raises Equity in West African Resources to 15%

August 28, 2025August 28, 2025 Constance

Burkina Faso Increases Stake in West African Resources’ Gold Projects Under New Mining Code Burkina Faso’s largest gold producer and one of its biggest foreign investors, West African Resources (WAF), has implemented the revised 2024 mining code, raising the government’s free carried equity in its gold projects from 10% to 15%. The adjustment was confirmed in WAF’s interim financial report for the first half of 2025. WAF executive chairman Richard Hyde said the equity transfer was finalized in July and August across its three key projects: Sanbrado (Somisa), Kiaka, and… Read More Here