KoBold Metals Breaks Ground on $2.3 Billion Mingomba Copper Mine in Zambia, Boosting Output Ambitions…
KoBold Metals, a U.S.-based exploration company backed by investors including Bill Gates and Sam Altman, has officially begun construction of the Mingomba copper mine in Zambia, marking one of the largest mining investments in the country’s history. The project, valued at more than $2.3 billion, is expected to become Zambia’s largest copper mine. Once fully operational, Mingomba is projected to…Read full details
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Alphamin Resources Reports Record Q1 2026 Earnings as Tin Prices Jump 30% and Production Holds Steady in DRC…
Tin producer Alphamin Resources, which operates assets in the Democratic Republic of Congo (DRC), has reported record earnings before interest, taxes, depreciation, and amortisation (EBITDA) of $158 million for the three months ended March 31, the first quarter of its 2026 financial year. This represents a 46% increase quarter-on-quarter, driven primarily by a sharp rise in tin prices. The average… Read full details
Shuka Minerals Begins Phase 1 Drilling at Kabwe Zinc Mine with Ox Drilling to Target 50% Resource Expansion…
Dual-listed Shuka Minerals (AIM and JSE) has appointed Ox Drilling as the contractor for its Phase 1 drilling programme at the Kabwe zinc mine in Zambia. The project is operated through Shuka’s local subsidiary, Leopard Exploration and Mining. The drilling campaign is scheduled to begin in mid-May and will be supported by geological consultancy GeoQuest. Phase 1 Drilling Programme… Read full details
DR Congo Launches Mining Revenue Audit to Improve Export Traceability, Boost State Income and Protect Foreign Exchange Reserves…
The Democratic Republic of Congo (DRC) is set to launch a comprehensive audit within 30 days to track mining export revenues from shipment through to foreign currency repatriation and final government revenue collection. President F lix Tshisekedi issued the directive during the cabinet meeting held on April 24, 2026, signaling a renewed push to strengthen financial oversight in the country’s most… Read full details
Zambia and DRC Accelerate Simplified Trade Regime Rollout to Boost Cross-Border Trade and Empower Small Traders…
Zambia and the Democratic Republic of the Congo have stepped up efforts to operationalise the Simplified Trade Regime (STR), a framework designed to facilitate cross-border trade and support small-scale traders particularly women and youth. The initiative follows more than seven years of bilateral negotiations, with both governments now in the final stages of implementation. The STR is expected to… Read full details