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CREFDL Urges Stronger Oversight of Mining Revenue Allocations in DRC 21 Mining in DRC 

CREFDL Urges Stronger Oversight of Mining Revenue Allocations in DRC

Constance
CREFDL Calls for Audit of Mining Companies’ 0.3% Turnover Allocation in DRC In a note released on Thursday, August 28, 2025, the Center for Research in Public Finance and Local Development (CREFDL) urged the Court of Auditors to conduct a thorough evaluation of how mining companies in the Democratic Republic of Congo (DRC) manage the mandatory 0.3% turnover allocation for local development. CREFDL also called on civil society organizations to strengthen their monitoring efforts to ensure greater transparency and accountability in the use of these funds. The recommendation follows an… Read More Here
Zambia’s Stock Market Leads Global Gains on Copper Boom 22 Mining in Zambia Copper Economy 

Zambia’s Stock Market Leads Global Gains on Copper Boom

Constance
Zambia’s Stock Market Surges 56% in 2025, Driven by Copper and Energy Stocks Zambia’s main stock index has outpaced all others worldwide in August, climbing 14.3% as the country benefits from a copper boom. The Lusaka Securities Exchange All Share Index is also the world’s top performer in 2025, up nearly 56% in local currency terms. When measured in U.S. dollars, the rally is even stronger at 84%, with only Ghana’s index showing higher gains. The surge is being fueled largely by Copperbelt Energy Corp. Plc (CEC), the company that… Read More Here
Rwanda and U.S. Strengthen Critical Minerals Supply with Tungsten Deal 23 Corporate News 

Rwanda and U.S. Strengthen Critical Minerals Supply with Tungsten Deal

Constance
Rwanda’s Trinity Metals and Global Tungsten Seal Historic Deal to Boost Critical Minerals Supply to the U.S. A significant milestone has been reached in the global critical minerals supply chain with the signing of a new mining agreement between Trinity Metals, a leading mining company operating in Rwanda, and Global Tungsten, headquartered in Pennsylvania, USA. Under this deal, tungsten will be exported directly from Rwanda to the United States, reinforcing both countries’ roles in securing essential resources for advanced industries. The agreement has been warmly welcomed by U.S. officials. Eric… Read More Here
DRC Launches Workshop to Boost Transparency in Mining, Oil, and Forestry Contract Disclosures 24 Mining in DRC 

DRC Launches Workshop to Boost Transparency in Mining, Oil, and Forestry Contract Disclosures

Constance
DRC Advances Extractive Sector Transparency with Mining, Oil, and Forestry Contract Disclosure Workshop The EITI-DRC Technical Secretariat launched a two-day workshop on the disclosure of mining, oil, and forestry concession contracts on Thursday, August 28, 2025, at the Lubumbashi Hotel. The workshop is part of the ENCORE Project, funded by the IDA/World Bank through the Ministry of Finance, and aims to strengthen transparency and governance in the Democratic Republic of Congo’s extractive sector. From August 28 to 29, participants from sectoral ministries, public enterprises, the mining cadastre (CAMI), the Technical… Read More Here
Zambian Govt Takes Charge of Kafue River Pollution Assessment After Sino Leach Metal Spill 25 Mining in Zambia Mine Safety Safety & Health 

Zambian Govt Takes Charge of Kafue River Pollution Assessment After Sino Leach Metal Spill

Constance
Zambia Orders Independent Assessment of Kafue River Pollution Caused by Sino Leach Metal Spill The Zambian government has announced that it will oversee the procurement of an independent consulting firm to assess pollution levels in the Kafue River following a toxic slurry spill by Sino Leach Metal Zambia in Chambeshi District, Copperbelt Province. The environmental incident, caused by a dam failure at Sino Leach Metal Zambia, released approximately 50,000 cubic meters of acidic slurry containing heavy metals into surrounding water bodies, sparking serious public health and ecological concerns. Green Economy… Read More Here
Zambia’s Lufwanyama Emerald Communities Demand Stronger Local Benefits from Mining Companies 26 Mining in Zambia Emeralds 

Zambia’s Lufwanyama Emerald Communities Demand Stronger Local Benefits from Mining Companies

Constance
Lufwanyama Communities Demand Greater Local Participation and Accountability in Mining Communities in Lufwanyama, a district renowned for its rich emerald deposits, are calling for greater local participation in mining and stricter accountability for companies operating in the area. The call came during the “Mining with the People, for the People: Reclaiming Local Benefits in Lufwanyama” Indaba, held on 21–22 August 2025 at the Lufwanyama Council Lodge. Participants urged the government and stakeholders to ensure mining companies uphold both social and environmental standards. The forum was organized by Caritas Zambia, the… Read More Here
Copperbelt Energy Corporation Forecasts 42% EPS Growth for H1 2025 27 Mining in Zambia Corporate News Energy 

Copperbelt Energy Corporation Forecasts 42% EPS Growth for H1 2025

Constance
Copperbelt Energy Corporation Plc (CEC) has released a trading statement indicating that its earnings per share (EPS) for the half-year ended 30 June 2025 are expected to be approximately 42% higher than those recorded in the same period in 2024. The growth is primarily driven by the partial write-back of previously impaired receivables from Konkola Copper Mines Plc (KCM), totaling US$10.4 million, combined with increased revenue across all business segments. In accordance with the Lusaka Securities Exchange (LuSE) Listing Requirements, CEC cautioned shareholders that the information in this trading statement… Read More Here
Zambia Welcomes Chinese Investors, Signals Strong Investment Opportunities 28 Mining in Zambia Economy 

Zambia Welcomes Chinese Investors, Signals Strong Investment Opportunities

Constance
President Hichilema Reaffirms Zambia Open for Business as Chinese Investors Explore Key Sectors President Hakainde Hichilema has reaffirmed that Zambia is open for business and investment, welcoming a delegation of Chinese investors from the Zhong Minglian Group, led by Mr. Dia Benling. The delegation expressed interest in agriculture, mining, energy, manufacturing, and healthcare, with plans to establish joint ventures alongside local partners. President Hichilema emphasized that these sectors are critical to Zambia’s economic growth and job creation, particularly for the country’s youth. “The state visit to China last year has… Read More Here
ZCCM-IH Hits $1 Billion Market Capitalisation on Lusaka Securities Exchange 29 Mining in Zambia Economy 

ZCCM-IH Hits $1 Billion Market Capitalisation on Lusaka Securities Exchange

Constance
ZCCM Investment Holdings Achieves $1 Billion Market Cap, Signaling Strong Investor Confidence in Zambia ZCCM Investment Holdings Plc (ZCCM-IH) has reached a market capitalisation of US$1 billion on the Lusaka Securities Exchange (LuSE), marking a historic milestone for the company and Zambia’s capital markets. The achievement was celebrated during a bell-ringing ceremony jointly hosted by ZCCM-IH and LuSE. Speaking at the event, Mines Minister Paul Kabuswe said the milestone reflects strong investor confidence in ZCCM-IH, supported by the government’s stable policy framework. He noted that growth in the mining sector… Read More Here
Andrada Mining Ramps Up Tin Output with New Jig Plant and Stronger FY2026 Outlook 30 International Corporate News Tin 

Andrada Mining Ramps Up Tin Output with New Jig Plant and Stronger FY2026 Outlook

Constance
Andrada Mining Boosts Tin Production at Uis, Commissions New Jig Plant to Double Output Andrada Mining has reported higher tin shipments and steady operational progress in FY2025, positioning its Uis operation in Namibia for stronger growth as new capacity comes online. The company shipped 59 tin consignments, up from 53 in FY2024, supported by increased throughput and plant efficiency. Construction of a modular jig plant was completed on time and on budget, with commissioning beginning in August 2025. The facility is expected to create a pathway for a near-term doubling… Read More Here

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