DRC Seeks $1 Billion World Bank Funding to Boost Lobito Corridor and Regional Trade…
The Government of the Democratic Republic of Congo (DRC) is intensifying efforts to secure international financing for the development of the Lobito Corridor, a major infrastructure project aimed at improving regional connectivity and boosting trade. Speaking in Washington during the World Bank’s “Transforming Transportation” global forum, the Congolese Minister of Infrastructure and Public Works…Read full details
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ZCCM-IH Earns $110.6 Million From Kansanshi Mine Royalty After Swapping Dividends for Revenue Share…
ZCCM Investments Holdings Plc’s decision to swap dividend rights for a revenue-linked royalty at Kansanshi Mining Plc is proving lucrative, with the state-linked investor pocketing $110.6 million between 2022 and 2024. The Lusaka-based company introduced the 3.1% gross revenue royalty in 2021, a move designed to stabilize cash flow from Zambia’s largest copper mine. The payments have continued… Read full details
Democratic Republic of Congo Opens First Gold Refinery in Kalemie to Boost Local Processing and Transparency…
The Democratic Republic of Congo (DRC) has officially launched its first pilot gold refinery in Kalemie, the capital of Tanganyika Province, marking an important milestone in the country’s efforts to process its mineral resources locally and strengthen governance in the gold sector. The refinery was inaugurated on Wednesday, March 11, 2026, during a ceremony attended by several senior government… Read full details
Zambia Targets 3 Million Tons of Copper by 2031 as Government Courts Global Investors…
Zambia is actively courting international investors, including those from the United States, as it works toward an ambitious goal of tripling its copper production to 3 million metric tons by 2031, Mines Minister Paul Kabuswe said on Tuesday. Africa’s second-largest copper producer after the Democratic Republic of the Congo is increasingly viewed as a strategic partner for the United States. Washington…Read full details
Boss Mining Urges DRC Action on Illegal Mining Following Fatal Landslide at Copper Site…
A unit of Eurasian Resources Group has called on the Democratic Republic of the Congo to take action against illegal mining activities following a deadly landslide at one of the firm’s copper concessions. The incident occurred on March 11, 2026, and “led to fatalities and injuries,” according to a statement issued Thursday by Boss Mining SAS, a copper producer in which ERG holds a 51% stake… Read full details