DRC Pushes Greater Kasai Mining Expansion With Major Chinese Copper Project and Energy Infrastructure Plan…
The government of the Democratic Republic of Congo (DRC) is advancing plans to transform Greater Kasai into a new strategic mining production hub, as part of efforts to diversify the country’s extractive industry beyond its traditional mining regions. On Thursday, May 7, 2026, Minister of Mines Louis Watum Kabamba held discussions with officials from China Railway Resources Universal Limited to…Read full details
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Zambia Opposes U.S. Plan to Tie $2 Billion Health Funding to Critical Minerals Access Over Privacy and Sovereignty Concerns…
Zambia has rejected a U.S. proposal that sought to link health-sector funding with access to the country’s critical minerals, exposing key points of disagreement that have stalled negotiations between the two governments. Foreign Affairs and International Cooperation Minister Mulambo Haimbe said the United States had proposed providing up to $2 billion in health funding over five years under a… Read full details
Virtus Minerals Moves Forward with Chemaf Acquisition in DR Congo, Strengthening Oversight of Copper and Cobalt Assets…
The acquisition of Chemaf’s mining assets has entered a critical administrative phase in the Democratic Republic of Congo (DRC). On April 29, 2026, the Director General of the Mining Registry, Popol Mabolia Yenga, met with the Chairman of the Board of Virtus Minerals, the new owner of Chemaf. Chemaf (Congo Eastern Mining Frontier) primarily operates mining sites in the southern provinces of Lualaba… Read full details
Zambia Appoints New Minerals Regulation Commission Board to Strengthen Mining Oversight and Investor Confidence…
Mines and Minerals Development Minister Paul Kabuswe has inaugurated nine board members of the Minerals Regulation Commission (MRC), charging them with strengthening oversight, promoting legal mining activities and enhancing accountability in the sector. Speaking during the induction ceremony in Lusaka, Mr Kabuswe urged the newly appointed board to champion responsible mining practices, enforce… Read full details
DRC Considers Equity in Zambia Power Project to Boost Copper Output and Tackle Energy Deficit…
The Democratic Republic of the Congo is considering taking an equity stake in a $270 million cross-border electricity project with Zambia, as persistent power shortages threaten production in one of the world’s most important copper regions. According to the finance ministry, the proposed investment would give Kinshasa a direct role in developing a 200-kilometre high-voltage transmission line link… Read full details