Breaking News
African Nations Sign Luanda Agreement to Protect and Promote Natural Diamonds 1 Diamond 

African Nations Sign Luanda Agreement to Protect and Promote Natural Diamonds

Constance
On Wednesday, several African countries signed the “Luanda Agreement,” a commitment to defend and promote natural diamonds. Under this pact, the signatory nations agreed to contribute 1 percent of their annual revenues from diamond sales to fund a global marketing initiative for the sector. The agreement was signed by the ministers of mineral resources from Angola, South Africa, Botswana, Namibia, and the Democratic Republic of Congo (DR Congo)—all key diamond-producing countries. The announcement was made by Angola’s Minister of Mineral Resources, Oil and Gas, Diamantino Azevedo, at the conclusion of… Read More Here
De Beers to Launch Diamond Exploration in Angola's Lunda Provinces 2 Diamond Corporate News Exploration International 

De Beers to Launch Diamond Exploration in Angola’s Lunda Provinces

Constance
De Beers, the global diamond mining giant, will commence diamond exploration activities in Angola’s Lunda Norte and Lunda Sul provinces within the next two weeks, according to the company’s CEO, Al Cook. The announcement was made following a meeting with President João Lourenço in Luanda on Tuesday. According to a statement from the Press Office of the Presidency (CIPRA), accessed by VerAngola, the exploration marks the next phase following two years of aerial electromagnetic surveys and geological prospecting. “The multinational De Beers will begin drilling and exploration operations in Muconda… Read More Here
Angola to Begin Copper Production Mavoio Mine in September 3 New Mining Projects Copper International 

Angola to Begin Copper Production Mavoio Mine in September

Constance
The Mavoio copper mine, located in the municipality of Maquela do Zombo in Angola’s Uíge Province, is set to begin operations this September, entering its first phase of production with an expected output of 2,500 tons of copper per day. This marks a significant step for the country’s mining industry and regional development. According to a statement from the provincial government of Uíge, the mine has a total exploration capacity of 4,000 tons per day. The project spans an area of 2,000 square kilometers and includes both open-pit and underground… Read More Here
Mining Indaba 2026 to Emphasize Power of Collaboration in African Mining 4 Events & Expos International 

Mining Indaba 2026 to Emphasize Power of Collaboration in African Mining

Constance
With its immense reserves of critical minerals, Africa holds the key to powering the next phase of global development. As the world intensifies its focus on the minerals vital for clean energy, technology, and infrastructure, global interest in Africa’s resources is surging. However, unlocking this potential requires more than extraction. It demands a unified effort across governments, private investors, downstream buyers, local communities, and civil society. The 2026 Investing in African Mining Indaba (MI26) embraces this imperative with the theme: “Stronger Together: Progress Through Partnerships.” It highlights the transformative power… Read More Here
Zambian Court Adds State Miner to Lawsuit Over Mopani Copper Sale 5 Mining in Zambia Copper Corporate News 

Zambian Court Adds State Miner to Lawsuit Over Mopani Copper Sale

Constance
A Zambian court has added the state-owned mining company, ZCCM Investments Holdings Plc, to a lawsuit filed by an opposition lawmaker challenging the recent sale of Mopani Copper Mines. According to a regulatory statement issued Thursday, ZCCM was joined to the case on June 20, 2025. The case centers on a transaction finalized in 2024, which transferred control of Mopani to a new investor. Miles Sampa, a former Deputy Minister of Commerce and current opposition Member of Parliament, argues that the sale constitutes the disposal of a major state asset.… Read More Here
Ivanhoe Electric Advances Streamlined Copper Project Toward 2028 Production 6 International Copper Corporate News New Mining Projects 

Ivanhoe Electric Advances Streamlined Copper Project Toward 2028 Production

Constance
Working in close collaboration with expert industry consultants, our team has developed a highly optimized underground mine plan and a simplified heap-leach processing design. The result is a project with low upfront capital requirements, reduced operating costs per unit, and high copper recovery rates. Located on private land, the project benefits from a more efficient permitting process. Ivanhoe Electric aims to begin copper production by 2028. Financing efforts are already underway, bolstered by a letter of interest from the U.S. Export-Import Bank, which could provide up to $825 million in… Read More Here
Mali Appoints Temporary Administrator to Restart Operations at Barrick’s Loulo-Gounkoto Mine Amid Dispute 7 International Corporate News Gold 

Mali Appoints Temporary Administrator to Restart Operations at Barrick’s Loulo-Gounkoto Mine Amid Dispute

Constance
The Malian government has announced that a temporary administrator will resume production at Barrick Gold Corporation’s Loulo-Gounkoto mining complex, following a sharp escalation in tensions between the Canadian mining giant and the West African nation’s military-led government. The mine, one of Barrick’s most valuable assets, was placed under provisional administration earlier this month. On June 16, a court in Bamako ruled that the state could assume control of the mine’s management for six months. Barrick subsequently suspended operations after Malian authorities blocked gold exports and detained senior company staff. “The… Read More Here
DRC Mining Communities Deprived of $198 Million Due to Industry Underreporting and Non-Compliance 8 Mining in DRC 

DRC Mining Communities Deprived of $198 Million Due to Industry Underreporting and Non-Compliance

Constance
Local communities in the Democratic Republic of Congo (DRC) lost approximately $198 million in funding between 2018 and 2023, due to widespread underreporting, partial payments, or complete non-payment of a mandatory community development levy by mining companies. This is according to a June 2025 audit report released by the Court of Auditors. By law, mining companies operating in the DRC are required to allocate 0.3% of their annual turnover to support local community development projects in mining areas. However, the audit uncovered serious discrepancies in reported revenues and payments. Key… Read More Here
Zambia’s Energy Minister Calls for Strong Leadership from New Energy Regulation Board 9 Mining in Zambia Economy Energy 

Zambia’s Energy Minister Calls for Strong Leadership from New Energy Regulation Board

Constance
Zambia’s Minister of Energy has urged the newly appointed Energy Regulation Board (ERB) to provide firm, professional, and prudent leadership in the country’s energy sector, emphasizing its crucial role as a pillar of national economic stability and development. Speaking at the Board’s induction meeting held at the Radisson Blu Hotel in Lusaka, the Minister reminded members that their decisions impact every household and business in Zambia. “The energy sector affects every citizen. You must act with prudence and ensure your decisions serve the people,” he stressed. He challenged the Board,… Read More Here
Zambia's Govt Receives K105.4 Million Dividend from TAZAMA Pipelines 10 Mining in Zambia Economy Oil & Gas 

Zambia’s Govt Receives K105.4 Million Dividend from TAZAMA Pipelines

Constance
The Government of Zambia has received a dividend of K105.4 million from TAZAMA Pipelines Limited for the financial year ending December 31, 2024, marking a significant milestone in the performance of the state-owned energy infrastructure company. Speaking at the dividend handover ceremony in Lusaka, Minister of Finance and National Planning, Dr. Situmbeko Musokotwane, MP, praised TAZAMA’s leadership for delivering strong financial results and reaffirmed the Government’s commitment to modernizing the energy sector. “This dividend represents more than just a financial return,” Dr. Musokotwane stated. “It reflects improved efficiency and governance… Read More Here

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

Copperbelt Katanga Mining will use the information you provide on this form to be in touch with you and to provide updates and marketing.