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Patriot Resources Begins Drilling at New Copper Prospect in Zambia 1 Mining in Zambia Copper Drilling New Mining Projects 

Patriot Resources Begins Drilling at New Copper Prospect in Zambia

Constance
Australian mining company Patriot Resources announced on Monday the commencement of drilling operations at its newly identified Copper Top Hill prospect, located approximately 850 metres northeast of the Sugarloaf copper deposit in Zambia’s Central Copperbelt. The Copper Top Hill prospect was recently delineated following geological mapping and surface sampling, which revealed visible copper mineralisation extending along strike for over 800 metres. Based on these findings, Patriot formally designated the area as a new discovery within the Sugarloaf licence. Rock chip samples collected from the site returned copper grades of up… Read More Here
USA Eyes DRC’s Coltan as Key to Peace, Investment, and Supply Chain Security 2 Mining in DRC Regional conflict 

USA Eyes DRC’s Coltan as Key to Peace, Investment, and Supply Chain Security

Constance
A recent peace agreement signed in Washington between the Democratic Republic of the Congo (DRC) and Rwanda is raising eyebrows—not only for its geopolitical implications but also for its economic undercurrents. The lengthy document includes a significant clause that effectively ties U.S. private investment to mineral-rich regions in eastern DRC. In particular, the provinces of North Kivu and South Kivu—bordering Rwanda—are known for their abundant reserves of cobalt, coltan (tantalum), tin, lithium, and gold. Reports suggest that American investors have expressed strong interest in the Rubaya coltan mine, currently under… Read More Here
DRC Secures Strategic Stake in Nation’s First Copper-Cobalt Refinery Project 3 Mining in DRC Battery Metals Cobalt 

DRC Secures Strategic Stake in Nation’s First Copper-Cobalt Refinery Project

Constance
The Democratic Republic of Congo (DRC) has acquired a 10% stake in Buenassa Resources SA, the company spearheading the development of the country’s first copper and cobalt refinery. The agreement was formalized on June 25 through a memorandum of understanding signed by Jean-Lucien Bussa, Minister of State Portfolio, and Eddy Kioni, CEO of Buenassa Resources. Though a minority stake, the 10% is classified as a “golden share,” granting the Congolese government veto power over strategic decisions that impact national interests. These include issues related to employment, taxation, environmental standards, local… Read More Here
Namibia’s Mining Sector Boosts Exports Amid Persistent Trade Deficit 4 International 

Namibia’s Mining Sector Boosts Exports Amid Persistent Trade Deficit

Constance
Namibia’s mining and quarrying sector generated N$5.4 billion in export revenue in April 2025, accounting for nearly half of the country’s total exports for the month, according to the Namibia Statistics Agency (NSA). The sector contributed 49% to total export earnings—an increase of N$1.2 billion compared to March 2025. This surge was largely driven by uranium exports, which brought in N$1.7 billion, making it Namibia’s leading export product for the month. Uranium accounted for 26% of total exports, with the majority shipped to China. Non-monetary gold was the second-largest contributor,… Read More Here
Andrada Mining to Raise N$143 Million for Uis Tin Mine Expansion in Namibia 5 Tin Corporate News International 

Andrada Mining to Raise N$143 Million for Uis Tin Mine Expansion in Namibia

Constance
Andrada Mining Limited, a UK-listed company, has announced plans to raise up to N$143.13 million (£5.9 million) to fund key upgrades at its Uis tin mine in Namibia. The capital will support strategic investment projects aimed at improving processing efficiency and boosting output. According to CEO Anthony Viljoen, the company will allocate approximately N$63.08 million toward the installation of ore sorters and N$43.67 million to accelerate the commissioning of the mine’s Jig plant. “These upgrades are expected to significantly enhance the mine’s processing efficiency and output,” Viljoen said. The fundraising… Read More Here
FQM Resumes Copper Shipments from Panama Amid Hopes for Mine Restart 6 Copper Corporate News International 

FQM Resumes Copper Shipments from Panama Amid Hopes for Mine Restart

Constance
First Quantum Minerals Ltd. has resumed shipments of copper concentrate from its Cobre Panama mine, 19 months after operations were halted by Panama’s Supreme Court, which ruled the mine’s license unconstitutional. On June 18, a bulk carrier named Lipsi departed from Punto Rincón, First Quantum’s private port used exclusively for exporting concentrate from the Cobre Panama operation, according to Bloomberg data. The ship, which can carry around 35,000 deadweight tons, is reportedly en route to deliver its cargo to German copper smelter Aurubis AG, according to sources familiar with the… Read More Here
Zambia’s Energy Ministry Commissions Solar Power System to Lead Clean Energy Transition 7 Mining in Zambia Energy 

Zambia’s Energy Ministry Commissions Solar Power System to Lead Clean Energy Transition

Constance
Zambia’s Ministry of Energy has taken a significant step toward sustainable energy solutions by commissioning a 121.8kW rooftop solar photovoltaic (PV) system, complete with 125kWh battery storage, at its headquarters in Lusaka. The initiative is part of the Presidential Solar Initiative, a government-led response to the 2024 drought that severely disrupted hydropower generation—the country’s primary source of electricity. During the commissioning ceremony, Minister of Energy Makozo Chikote praised the project as a benchmark for clean energy adoption within government institutions. “This rooftop solar PV system is a demonstration of our… Read More Here
Italy's CDP Grants €250 Million Loan to AFC for African Infrastructure and Energy Projects 8 Infrastructural Development Energy 

Italy’s CDP Grants €250 Million Loan to AFC for African Infrastructure and Energy Projects

Constance
Africa Finance Corporation (AFC) has secured a €250 million (approximately USD 289.2 million) 10-year term loan from Cassa Depositi e Prestiti (CDP), Italy’s national promotional and development finance institution. The announcement was made on Friday, June 20, 2025. The financing will be directed toward infrastructure and renewable energy projects across the continent, with a particular emphasis on the Lobito Corridor—an ambitious rail project intended to boost trade and connectivity in Southern and Central Africa. The corridor will facilitate the transport of agricultural products, minerals, and consumer goods from landlocked regions… Read More Here
DRC and Rwanda Sign Landmark Peace Agreement in Washington with U.S. Backing 9 Mining in DRC 

DRC and Rwanda Sign Landmark Peace Agreement in Washington with U.S. Backing

Constance
The Democratic Republic of Congo (DRC) and Rwanda signed a landmark peace agreement on Friday June 27 2025, in Washington, D.C., under the auspices of the United States. The accord seeks to end the long-standing conflict in eastern DRC, a crisis that has claimed millions of lives over the past decades. Described as a historic breakthrough, the agreement commits both nations to restoring peace and stability in their territories and across the broader Great Lakes region of Africa. The United States played a central role in brokering the agreement, with… Read More Here
Japan-DRC Partnership Launches Major Manganese Project in Kongo Central 10 Mining in DRC Battery Metals New Mining Projects 

Japan-DRC Partnership Launches Major Manganese Project in Kongo Central

Constance
Japanese firm Asia Mineral Limited has signed a memorandum of understanding (MoU) with Congolese company Kerith Resources to begin manganese mining operations in the Luozi region of Kongo Central province, Democratic Republic of Congo (DRC). The signing ceremony took place in Osaka, Japan, in the presence of DRC Prime Minister Judith Suminwa Tuluka during the DRC-Japan Economic Forum, held alongside the 2025 World Expo. The mining project targets an annual output of at least 2 million tonnes of manganese, a critical mineral used in steel production and electric battery manufacturing.… Read More Here

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