Economy - Copperbelt Katanga Mining

ZCCM-IH Moves to Revive London Listing as Zambia Pushes Mining Sector Reform 1

Zambia’s ZCCM-IH Plans London Listing Revival as It Expands Free Float and Upgrades Market Infrastructure Zambia’s state-linked mining investment firm, ZCCM Investments Holdings, is preparing to restore activity on the London Stock Exchange after a prolonged suspension of its secondary listing, marking a renewed push to re-engage international investors. The company’s London presence has been disrupted in recent years due to ongoing delays in financial reporting. Management is now advancing a broader reform programme aimed at stabilising disclosures, strengthening governance systems, and improving investor transparency. A central part of the… Read More Here

Mining in DRC Economy

DRC Plans Worker Equity Scheme in Mining Sector Through Cooperatives and Credit Financing

June 28, 2026June 28, 2026 Constance0 comment

DR Congo Drafts Plan to Give Mining Workers 5% Equity Stakes via Cooperatives and Company Credit The Democratic Republic of Congo is preparing a new framework that would enable mining employees to acquire mandatory ownership stakes in the companies they work for through worker cooperatives and company-financed credit arrangements. A draft decree from the country’s Ministry of Mines outlines measures to enforce existing legislation requiring mining firms to allocate 10% of their equity to Congolese nationals, including a dedicated 5% share for employees. Although the law was introduced in 2018,… Read More Here

Mining in DRC Economy Investment News

IMF Approves $348.5 Million Financing Package for the DRC

June 28, 2026June 28, 2026 Constance0 comment

IMF Unlocks $348.5 Million Funding for DR Congo to Support Growth, Mining Expansion and Climate Resilience The International Monetary Fund (IMF) has approved nearly US$348.5 million in new financing for the Democratic Republic of Congo (DRC), reinforcing international support for one of Africa’s most resource-rich and fast-growing economies as it continues to navigate security challenges, public health risks, and climate-related pressures. The funding was approved following successful programme reviews under the IMF’s Extended Credit Facility (ECF) and Resilience and Sustainability Facility (RSF), unlocking disbursements aimed at stabilising the economy and… Read More Here

International Economy

G7 Critical Minerals Strategy Triggers China’s BRICS-Led Supply Chain Realignment

June 25, 2026June 25, 2026 Constance0 comment

G7 push to cut China rare earth dependence sparks BRICS cooperation as Beijing strengthens global minerals strategy The Group of Seven (G7) has intensified efforts to reduce reliance on China for critical minerals, a move that is prompting a coordinated geopolitical response from Beijing through deeper cooperation within the BRICS bloc. G7 leaders have agreed to work toward lowering dependence on China for rare earth elements and permanent magnets to below 60% by 2030, with a longer-term target of 50%. The strategy includes joint stockpiling arrangements, expanded recycling capacity, and… Read More Here

Mining in Zambia Economy

Zambia Inflation Falls to Lowest Level Since 2018 as Economic Recovery Strengthens

June 25, 2026June 25, 2026 Constance0 comment

Zambia inflation drops to 6.5% in June 2026, lowest since 2018, driven by strong kwacha and copper exports Zambia’s inflation rate has fallen to its lowest level since 2018, marking another milestone in the country’s ongoing economic recovery. The decline reflects a steady easing of price pressures across key sectors and reinforces growing signs of macroeconomic stabilisation following several years of volatility. According to the Zambia Statistics Agency, consumer inflation declined to 6.5% year-on-year in June, slightly lower than the 6.6% recorded in May. On a month-on-month basis, prices increased… Read More Here

Mining in DRC Economy Tin

Tin Prices Surge as DRC Mineral Export Forecasts Signal Mixed Market Performance

June 5, 2026June 5, 2026 Constance

DRC Tin Prices Expected to Jump Above $53,000 per Tonne as Copper, Gold and Nickel Continue to Decline Tin is projected to record one of the strongest gains among the Democratic Republic of Congo’s (DRC) key mineral exports during the week of June 1–6, 2026, according to the latest mineral export price forecasts released by the Congolese government. The official price list indicates that tin is expected to rise to USD 53,440 per tonne, up from USD 50,223 per tonne the previous week. The increase of USD 3,217 per tonne… Read More Here

Mining in Zambia Copper Corporate News Economy

Vedanta Targets New York IPO to Fund Expansion of Zambia’s Konkola Copper Mines

June 4, 2026June 4, 2026 Constance

Vedanta Plans New York Listing to Finance Multi-Billion-Dollar Expansion of Zambia Copper Operations Vedanta Resources, led by billionaire Anil Agarwal, is seeking to raise fresh capital for its Zambian copper operations through a planned listing in New York, as the mining group accelerates efforts to expand production at one of Africa’s most strategically important copper assets. The proposed initial public offering comes less than two years after Vedanta regained control of Konkola Copper Mines (KCM) following a prolonged dispute with the Zambian government. The company has since committed to investing… Read More Here

Mining in Zambia Copper Economy

Zambia Extends Copper Export Duty Suspension as Smelter Constraints Reshape Industry Power Balance

June 4, 2026June 4, 2026 Constance

Zambia Extends Copper Export Duty Waiver to September as Chinese and Middle Eastern Miners Secure Major Quotas Zambia has extended the suspension of its 10% export duty on copper concentrates until September 30, in a move designed to ease pressure on mining operations affected by rising stockpiles and reduced smelting capacity across the country’s processing infrastructure. The extension comes as several major smelters undergo prolonged maintenance and repair programmes, temporarily constraining the country’s ability to process copper concentrates into refined cathodes. The resulting bottlenecks have led to increased concentrate inventories… Read More Here

Mining in Zambia Copper Corporate News Economy

KCM Launches Strategic Nchanga Smelter Upgrade to Accelerate Copper Production Growth

June 2, 2026June 2, 2026 Constance

KCM Begins 60-Day Nchanga Smelter Shutdown as Part of Ambitious Expansion and Modernization Plan Vedanta Resources-owned Konkola Copper Mines (KCM) has commenced a planned 60-day shutdown of its Nchanga Smelter in Zambia to undertake critical maintenance, and refurbishment works aimed at improving operational performance and supporting future production growth. The company announced that the shutdown, which began this month, forms part of a broader modernization strategy designed to enhance efficiency, reliability, and long-term sustainability across its operations. KCM produced 80,215 tonnes of copper in 2025, according to data from Zambia’s… Read More Here

Mining in Zambia Copper Corporate News Economy Taxes

FQM Contributes $3.46 Billion to Zambia’s Economy in 2025

May 25, 2026May 25, 2026 Constance

First Quantum Minerals Reports $3.46 Billion Economic Contribution to Zambia Through Taxes, Jobs and Procurement in 2025 Canadian mining company First Quantum Minerals has reported a total economic contribution of approximately $3.46 billion to Zambia in 2025, according to its latest Tax Transparency and Economic Contributions Report. The report highlights the company’s significant role in the Zambian economy through taxation, employment, procurement, and community investment activities across its mining operations. During the year, First Quantum Minerals employed more than 12,000 people in Zambia and engaged over 11,500 contractors, while also… Read More Here