DRC Signs Controversial Mining Agreement with ERG as Critics Warn of “Betrayal”
The government of the Democratic Republic of Congo (DRC) has announced a new agreement between Luxembourg-based mining giant Eurasian Resources Group (ERG), in which Kazakhstan holds a 40% stake, and state-owned G n rale des Carri res et des Mines (G camines). While officials are hailing the deal as a fresh start for the sector, opposition voices have denounced it as a dangerous sell-off of nation… Read full details
Zambia Challenges Claims of Massive Acid Spill at Sino Metals Mine, Launches Cleanup Efforts…
The Zambian government has rejected an independent estimate of the toxic acid spill from a Chinese-owned copper mine in February, insisting the incident was far smaller than critics claim and that cleanup operations are already in progress. Acting Minister of Green Economy and Environment Collins Nzovu confirmed the government’s support for Sino Metals Leach Zambia Ltd.’s official spill estimate.…Read full details
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Konkola Copper Mines Launches $63M Pump Station Project to Unlock 283 Million Tonnes of Copper Resources…
Konkola Copper Mines (KCM) Plc has engaged Australian mining contractor Mancala to commence excavation works for the construction of a new pump station at the Konkola Deep Mining Project (KDMP) in Chililabombwe. The KDMP, home to one of Zambia’s deepest mining shafts at 1,505 meters, sits on one of the world’s richest copper ore bodies with an estimated 291 million tonnes of resource and a project… Read full details
DRC Weighs Future of Cobalt Export Ban Ahead of September Deadline…
Kinshasa, DRC — The Congolese government is expected to announce by September 21, 2025, whether it will extend, modify, or lift its current suspension of cobalt exports to the international market. The measure, first introduced on February 22, 2025, by the Regulatory and Control Authority for Strategic Mineral Substances Markets (ARECOMS), initially imposed a four-month ban on exports of cobalt hydroxide… Read full details
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