Cobalt Prices Surge, Offering Major Opportunities for the Democratic Republic of Congo…
The international cobalt market, a key export of the Democratic Republic of Congo (DRC), has seen significant growth in recent months. According to the Central Bank of Congo (BCC) in its latest economic outlook, cobalt prices held steady at USD 32,650 per tonne during the last week of July 2025, remaining unchanged into the first week of August. Compared to the end of 2024, cobalt prices have surged… Read full details
Zambia Secures $1.25 Billion Mining Boost as President Hichilema Commissions Kansanshi S3 Expansion…
President Hakainde Hichilema officially commissioned the $1.25 billion Kansanshi S3 Expansion by First Quantum Minerals (FQM), a landmark investment set to transform Zambia’s mining sector, extend the life of Africa’s largest copper mine, and power economic growth for decades to come this week. The S3 Expansion will prolong the operation of Kansanshi Mine into the 2040s while significantly boosting…Read full details
Lobito Atlantic Railway Strengthens Africa Mining Logistics with 15,000-Ton Sulphur Shipment to DRC…
The ANEMON vessel recently docked at the Lobito Mining Terminal (TMPL) carrying 15,000 tonnes of sulphur bound for Kolwezi in the Democratic Republic of Congo. This shipment brings Lobito Atlantic Railway’s (LAR) total sulphur transport to over 36,000 tonnes, cementing its reputation as a reliable logistics partner for Africa’s mining sector. After unloading at the port, the cargo was efficiently… Read full details
Zambia’s Munali Nickel Mine Faces Shutdown as Funding Delays Leave 900 Workers Unpaid and Contractors Withdraw…
Munali Nickel Mine, operated by Mabiza Resources Limited, has announced severe operational challenges that have forced the suspension of several mining activities, leaving the future of the mine in uncertainty. Nearly 900 employees have gone more than two months without salaries, after shareholders CE Mining (UK) and CTG Jintong (China) failed to provide the promised funding by the July 31, 2025… Read full details
Democratic Republic of Congo Teams Up with Japan to Boost Mineral Discovery Using AI and Geospatial Tech…
On the sidelines of the 9th Tokyo International Conference on African Development (TICAD9) in Japan, the National Geological Survey of Congo (SGNC) and Japanese company Solafune signed a strategic partnership to advance mineral exploration in the Democratic Republic of Congo (DRC). The agreement, signed in the presence of Congolese Minister of Mines Louis Watum Kabamba, initiates its first phase… Read full details
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