Breaking News
Gemfields Generates $11M from Montepuez Ruby Auction Amid Rising Illegal Mining Disruptions 1 Gemstones Corporate News 

Gemfields Generates $11M from Montepuez Ruby Auction Amid Rising Illegal Mining Disruptions

Constance
Gemfields Reports $11 Million in Revenue from Montepuez Mini Ruby Auction Amid Illegal Mining Challenges Gemfields generated $11 million in revenue from a mini-auction of rough rubies from Montepuez Ruby Mining (MRM), held via online bidding following viewings in Bangkok, Thailand, from September 29 to October 3. Of the 33 lots offered, 26 were sold, representing 62% of the total 297,449 carats available. The auction achieved an average realised price of $59.43 per carat. “This mini-auction primarily featured medium and commercial grades of secondary material from a recently developed mining… Read More Here
Peru’s Mining Concessions at Crossroads as Lawmakers Weigh Changes 2 International 

Peru’s Mining Concessions at Crossroads as Lawmakers Weigh Changes

Constance
Peru Mining Concessions Under Threat: Lawmakers Push Changes Amid Illegal Mining Surge Peru’s large-scale mining sector is increasingly concerned that lawmakers may alter the country’s rules on mineral rights, as Congress prepares to debate a proposed law that could favour small-scale operators. As the world’s third-largest copper producer and South America’s leading gold exporter, Peru grants long-term concessions allowing major miners such as BHP Group, Glencore, and Anglo American to explore extensive territories for decades before production begins. These concessions are a cornerstone of Peru’s mining industry. Changes to them… Read More Here
Fomin Holds $25 Million Stake in DRC Gold Trading Amid Concerns Over Fund Use 3 Mining in DRC 

Fomin Holds $25 Million Stake in DRC Gold Trading Amid Concerns Over Fund Use

Constance
DRC’s Fomin Mining Fund Invests $25M in Artisanal Gold Mining Firm Amid Legal and Transparency Concerns The Mining Fund for Future Generations (Fomin), a Congolese state institution created in 2018 to prepare for the post-mining era, holds a $25 million stake in DRC Gold Trading, a company engaged in artisanal gold mining in the Democratic Republic of Congo (DRC). This was confirmed in a recent report by African Resources Watch (Afrewatch). Faustin Biringanine, General Director of Fomin, confirmed the investment, stating:“Yes, we were instructed to take a stake in Primera… Read More Here
DRC Launches Nationwide Subcontracting Oversight to Boost Local Businesses and Economic Growth 4 Mining in DRC Governance 

DRC Launches Nationwide Subcontracting Oversight to Boost Local Businesses and Economic Growth

Constance
DRC Launches Comprehensive Oversight of Subcontracting to Boost Local Content and Economic Growth The Regulatory Authority for Subcontracting in the Private Sector (ARSP) has officially launched a nationwide oversight programme to regulate subcontracting activities in the Democratic Republic of Congo (DRC). At the launch event, ARSP Director General Miguel Kashal called on principal companies and subcontractors to work together to ensure the success of this initiative. “Through this launch, we pay tribute to President Félix-Antoine Tshisekedi Tshilombo, who has placed the ARSP at the centre of his strategy to create… Read More Here
Copper Price Surpasses $10,000 Per Tonne, Offering New Opportunities for the DRC 5 Copper Economy 

Copper Price Surpasses $10,000 Per Tonne, Offering New Opportunities for the DRC

Constance
DRC Copper Prices Surge Above $10,000 in September 2025 — Implications for Mining Revenues and Chinese Contract Talks Copper prices reached US$10,215 per tonne at the end of September 2025, marking a 2.3% increase from the previous week, according to the Central Bank of Congo (BCC). This rise is largely attributed to disruptions at Indonesia’s Grasberg mine, one of the world’s largest copper operations. Compared to December 2024, copper prices have surged by 16.2%, representing a 10.9% increase year-on-year. Significance for the DRC Economy For the Democratic Republic of Congo… Read More Here
Lualaba Assembly Calls for Urgent Return of Artisanal Mining Zones to Miners 6 Mining in DRC Artisanal mining 

Lualaba Assembly Calls for Urgent Return of Artisanal Mining Zones to Miners

Constance
Lualaba Provincial Assembly Urges Immediate Restoration of Artisanal Mining Zones to Address Mining Sector Tensions Kolwezi, Democratic Republic of Congo — Facing growing unrest in the mining sector, the Lualaba Provincial Assembly has called for urgent action to return artisanal mining zones (ZEA) to local miners. At the opening of its September 2025 session, Assembly President Jean-Marie Kaseya described the situation as “shameful” and insisted it must change immediately. Incidents Highlight Deep Social Tensions Recent incidents of looting have exposed deep dissatisfaction among artisanal miners, who lack legal access to… Read More Here
DRC Mines Minister Launches Groundbreaking Mission to Ituri and Haut-Uélé 7 Mining in DRC 

DRC Mines Minister Launches Groundbreaking Mission to Ituri and Haut-Uélé

Constance
DRC Mines Minister Louis Watum Kabamba Launches Mission to Boost Mining Development in Ituri and Haut-Uélé Bunia, Democratic Republic of Congo — Warmly welcomed at Bunia Airport, Minister of Mines Louis Watum Kabamba launched a field mission to the provinces of Ituri and Haut-Uélé on Saturday, October 4, 2025. The mission aims to reconnect the Ministry of Mines with local realities and reaffirm the Government’s commitment to making the mining sector a driver of community development. “I came to the field to take the temperature, bring the ministry closer to… Read More Here
Zambia Mining Stakeholders Applaud Reforms as Govt Advances Sector Growth and Transparency 8 Mining in Zambia 

Zambia Mining Stakeholders Applaud Reforms as Govt Advances Sector Growth and Transparency

Constance
Zambia Mining Stakeholders Praise Government Reforms to Boost Sector Growth Stakeholders in Zambia’s mining sector have applauded recent government reforms, including the repeal of the Mines and Minerals Act, calling them pivotal for transforming the industry. Speaking at the Zambia Mining Conversation 2025, Inonge Mpupuni, Senior Partner of Investments at Buterla Investment Holdings, described the reforms as vital for revitalizing the mining sector and enhancing investment confidence. She also commended the government-led geological survey, highlighting its potential to identify and map Zambia’s critical mineral resources, thereby attracting targeted investments. Aquila… Read More Here
President Hakainde Hichilema to Officiate 2025 Zambia Mining and Investment Insaka 9 Mining in Zambia Events & Expos 

President Hakainde Hichilema to Officiate 2025 Zambia Mining and Investment Insaka

Constance
President Hichilema to Lead 2025 Zambia Mining and Investment Insaka on Sustainable Mining and Local Content Minister of Mines and Mineral Development, Paul Kabuswe, has announced that President Hakainde Hichilema will officiate at the 2025 Zambia Mining and Investment Insaka, set to take place from 7th to 10th October 2025. Speaking at a press briefing ahead of the event, Minister Kabuswe described this year’s Insaka as a pivotal moment for Zambia as it strengthens its position as a trusted and responsible mining investment destination. The event will be held under… Read More Here
Zambia’s Small-Scale Miners Urge Legal Protection for Local Ownership 10 Mining in Zambia 

Zambia’s Small-Scale Miners Urge Legal Protection for Local Ownership

Constance
SSMAZ Urges Zambia to Enact Laws Protecting Local Mine Ownership as Government Expands ASM Support The Small Scale Miners Association of Zambia (SSMAZ) has called on the government to enact legislation protecting local ownership of small-scale mines, warning that limited access to financing continues to threaten the survival of local operators. Speaking on behalf of the association, SSMAZ President Ngobola Muyembe said a stronger legal framework is needed to prevent small-scale miners from being forced to sell their assets or licenses due to financial constraints. “Many small-scale miners lose their… 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.