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Barrick Mining Shifts Strategy Toward Acquisitions and North American Focus Amid Production Decline 1 Gold Corporate News International 

Barrick Mining Shifts Strategy Toward Acquisitions and North American Focus Amid Production Decline

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Barrick Mining Reverses Expansion Strategy, Targets Acquisitions and North American Assets After 17% Output Drop Barrick Mining (TSX: ABX) (NYSE: B) is shifting its corporate strategy away from high-risk international expansion and back toward acquisitions, marking a significant reversal of its previous decade-long growth approach across Africa and Asia. Chairman John Thornton outlined the strategic pivot in a shareholder letter on Wednesday, his first major public statement since the company replaced former CEO Mark Bristow in September and announced plans to restructure key North American operations. Thornton said the company… Read More Here
Zambia to Establish New Gold Marketing Centres to Formalise Mineral Trade and Boost Transparency 2 Gold Economy Mining in Zambia 

Zambia to Establish New Gold Marketing Centres to Formalise Mineral Trade and Boost Transparency

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Government to Build New Gold Marketing Centres Across Zambia by 2026 to Curb Illegal Mining and Improve Revenue Collection The Government has announced plans to establish new gold marketing centres across the country by the end of 2026 as part of efforts to formalise the mining sector and enhance transparency in mineral trading. Ministry of Mines and Minerals Development Permanent Secretary, Hapenga Kabeta, said the initiative will create structured, regulated platforms where artisanal and small-scale miners can sell gold through official and accountable channels. Dr Kabeta stated that the designated… Read More Here
Zambia Launches US$1.1 Billion Oil Refinery Project to Boost Energy Security 3 Mining in Zambia Oil & Gas 

Zambia Launches US$1.1 Billion Oil Refinery Project to Boost Energy Security

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Zambia Launches US$1.1 Billion Crude Oil Refinery Project in Ndola to Boost Energy Security and Industrial Growth The Zambian Government has officially launched the construction of a US$1.1 billion crude oil refinery in Ndola, marking a significant milestone in efforts to strengthen the country’s energy security and accelerate industrial development. Speaking at the ground-breaking ceremony, Minister of Energy Makozo Chikote said the project is being driven by the private sector through Fujian Xiang Xin Corporation under the Zambia Petrochemical Energy Company, signalling growing investor confidence in Zambia’s business environment. Mr… Read More Here
Zambia Convenes High-Level Dialogue to Accelerate Energy Sector Reforms 4 Mining in Zambia Electricity Energy 

Zambia Convenes High-Level Dialogue to Accelerate Energy Sector Reforms

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Zambia Holds National Dialogue on Energy Sector Reforms to Improve Electricity Supply, Governance and Investment Zambia has convened a high-level national dialogue aimed at driving urgent reforms in the energy sector to improve electricity supply, strengthen governance and attract investment. The dialogue was organised by the Centre for Trade Policy and Development in partnership with the Ministry of Energy, with support from Diakonia and the Energy for Growth Hub. The meeting brought together key stakeholders from government, industry, civil society, academia and the media. Speaking at the official opening, Permanent… Read More Here
Kagem releases updated ‘G-Factor for Natural Resources’ figures to 31 December 2025 5 Mining in Zambia Corporate News Gemstones 

Kagem releases updated ‘G-Factor for Natural Resources’ figures to 31 December 2025

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Kagem Updates G-Factor for Natural Resources Figures for 2025 Year-End Gemfields, which operates Kagem Mining Limited (“Kagem”) in Lufwanyama, is pleased to confirm its ‘G-Factor for Natural Resources’ figures for Kagem, which now stand at 17% for the 10-year period from 2016 through 2025. The ‘G-Factor for Natural Resources’ reveals the percentage of natural resource revenue paid to the government of the host country in the form of mineral royalties, corporation tax and, where the relevant government is a shareholder, dividends. First announced in 2021, Gemfields shares its ‘G-Factor for Natural Resources’ annually in… Read More Here
Epiroc wins large order for underground mining equipment in Zambia 6 Mining in Zambia Corporate News Mining Equipment Press Release 

Epiroc wins large order for underground mining equipment in Zambia

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Stockholm, Sweden: Epiroc AB, a leading productivity and sustainability partner for the mining and infrastructure industries, has won a large order for mining equipment from Mopani Copper Mines Plc in Zambia. The equipment will strengthen productivity and safety at two underground copper mines.  Mopani Copper Mines has ordered a fleet of Epiroc’s Minetruck haulers and Scooptram loaders. The machines will be used to boost production capacity at the mining company’s Nkana and Mufulira mines, which both were formed almost a century ago. The order is valued at around MUSD 20 (MSEK… Read More Here
ARSP Orders Major Cement Companies in Kongo Central to Remove 408 Non-Compliant Subcontractors 7 Mining in DRC Governance 

ARSP Orders Major Cement Companies in Kongo Central to Remove 408 Non-Compliant Subcontractors

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DRC’s ARSP Directs CIMKO, PPC Barnet, CICO, and CILU to Cancel Contracts with 408 Ineligible Subcontractors Investment momentum in renewable energy in the Democratic Republic of the Congo has reached a new milestone following a new strategic partnership aimed at expanding solar power infrastructure in the country’s mining heartland. The National Agency for Rural Electrification and Energy Services (ANSER) has signed an agreement with Propav Infrastructure Limited for the development of two large-scale solar power plants in Lualaba. Major solar capacity planned The project will deliver a combined installed capacity… Read More Here
DRC Expands Solar Power Capacity with Major 120 MWp Renewable Energy Deal in Lualaba 8 Mining in DRC Energy 

DRC Expands Solar Power Capacity with Major 120 MWp Renewable Energy Deal in Lualaba

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DRC Signs Strategic Agreement for 120 MWp Solar Projects in Lualaba to Boost Renewable Energy and Industrial Supply Investment momentum in renewable energy in the Democratic Republic of the Congo has reached a new milestone following a new strategic partnership aimed at expanding solar power infrastructure in the country’s mining heartland. The National Agency for Rural Electrification and Energy Services (ANSER) has signed an agreement with Propav Infrastructure Limited for the development of two large-scale solar power plants in Lualaba. Major solar capacity planned The project will deliver a combined… Read More Here
UAE’s IRH Expands Presence in DRC Copper and Cobalt Sector Amid Strategic Mining Deals 9 Mining in DRC Cobalt Copper Investment News 

UAE’s IRH Expands Presence in DRC Copper and Cobalt Sector Amid Strategic Mining Deals

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IRH Linked to New Copper and Cobalt Mining Projects in Lualaba as UAE Expands Critical Minerals Strategy in DRC After concluding a $367 million agreement in 2025 to acquire a 56% stake in Alphamin Resources, operator of the Bisie tin mine in North Kivu, International Resources Holding (IRH) is now being linked to copper and cobalt assets in the Lualaba province of the Democratic Republic of Congo. According to reporting by Africa Intelligence, the Emirati group is associated with structures that have recently become partners of the state-owned mining company… Read More Here
ZDA Approves US$600,000 Export Fund to Boost Youth Businesses and Local Mining Supply Chains 10 Mining in Zambia Investment News 

ZDA Approves US$600,000 Export Fund to Boost Youth Businesses and Local Mining Supply Chains

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Zambia Launches US$600,000 Export Development Fund to Support Youth Entrepreneurs, SMEs, and Mining Supply Chains The Zambia Development Agency (ZDA) has approved a new US$600,000 loan facility under the Zambia Export Development Fund (ZEDF) to support businesses engaged in exporting Zambian products. The funding is designed to accelerate the growth of Zambia’s non-traditional exports, create employment opportunities, and strengthen local industries. Notably, US$400,000 has been specifically allocated to youth-led export enterprises, underscoring the Fund’s strong commitment to empowering young entrepreneurs and improving their access to regional and international markets. The… Read More Here

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