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DRC Mines Minister Calls for Responsible and Sovereign Transformation of the Sector at DRC Mining Week 1 Mining in DRC Events & Expos 

DRC Mines Minister Calls for Responsible and Sovereign Transformation of the Sector at DRC Mining Week

Constance
Kizito Pakabomba, the Minister of Mines of the Democratic Republic of Congo (DRC), has called for a responsible and sovereign transformation of the country’s mining sector. His remarks came during the official opening of the 20th edition of DRC Mining Week, held on Thursday, June 12, 2025, in Lubumbashi, Haut-Katanga. This year’s edition of the annual forum, a flagship event for both national and international stakeholders in the extractive industry, was themed: “Twenty Years Shaping the DRC’s Mining Sector: Investing in Infrastructure and Energy Security.” In his keynote speech, delivered… Read More Here
Barrick Mining Sets Sights on DRC Copper as Exploration Begins in Haut Katanga 2 Mining in DRC Copper Exploration New Mining Projects 

Barrick Mining Sets Sights on DRC Copper as Exploration Begins in Haut Katanga

Constance
Barrick Mining, best known for its gold operations through its Kibali subsidiary in Doko, has begun copper exploration efforts in Haut-Katanga, Democratic Republic of Congo (DRC), signaling a potential expansion into the country’s critical copper sector. For the past two years, Barrick has held exploration permits in the mineral-rich Haut-Katanga province, allowing it to carry out copper prospecting activities. These developments were confirmed by Cyril Mutombo, Barrick’s Country Director, during a press conference held on Thursday, June 12, 2025, at the Karavia Hotel in Lubumbashi, on the sidelines of DRC… Read More Here
ZESCO and CEC Partner to Accelerate Solar Energy Expansion Across Zambia 3 Mining in Zambia Electricity Energy 

ZESCO and CEC Partner to Accelerate Solar Energy Expansion Across Zambia

Constance
ZESCO Limited and Copperbelt Energy Corporation (CEC) Plc have announced a strategic partnership to accelerate the rollout of solar power generation across Zambia. The collaboration includes the creation of a joint planning team designed to streamline the development of solar projects, optimize resource use, and eliminate project duplication. The announcement was made during an appreciation tour of CEC’s solar facilities in Kitwe. ZESCO Chairman Vickson Ncube highlighted the importance of a coordinated national approach. “We are forming a joint planning team between ZESCO and CEC management to plan the national… Read More Here
EquityBCDC Reaffirms Commitment to DRC Mining Sector with Strong Financial Backing and Offtake Facilitation 4 Mining in DRC Economy Events & Expos 

EquityBCDC Reaffirms Commitment to DRC Mining Sector with Strong Financial Backing and Offtake Facilitation

Constance
EquityBCDC reaffirmed its commitment to the Democratic Republic of Congo’s mining sector by offering strong financial backing and the ability to facilitate transactions between miners and their international offtakers. This was emphasized by Yves Bizunga Kussa, Deputy Managing Director of EquityBCDC and Managing Director of the Southern Region, during a panel discussion at the 20th edition of DRC Mining Week, which concluded on Friday, June 13, 2025, at the Karavia Hotel in Lubumbashi. As one of the major sponsors of the event, EquityBCDC was represented by a large delegation, continuing… Read More Here
DRC Mining Week Marks 20 Years of Mining Growth and National Progress 5 Mining in DRC Events & Expos 

DRC Mining Week Marks 20 Years of Mining Growth and National Progress

Constance
Lubumbashi, DRC – DRC Mining Week, a flagship gathering for business and investment opportunities in the mining sector, celebrated its 20th anniversary last Wednesday in Lubumbashi, the capital of Haut-Katanga Province in southeastern Democratic Republic of Congo. The opening ceremony, held at the Pullman Karavia Hotel, was brief but symbolic. In his keynote speech, Bin Nassor Kasongo, President of the DRC Chamber of Mines, highlighted the evolution of the event over two decades, describing it as more than just a trade fair. “Beyond a simple sectoral meeting, this event became… Read More Here
DRC's Mining Sector Reaffirmed as Backbone of DRC Economy at DRC Mining Week 6 Mining in DRC Economy Events & Expos 

DRC’s Mining Sector Reaffirmed as Backbone of DRC Economy at DRC Mining Week

Constance
As the 20th anniversary edition of DRC Mining Week opened in Lubumbashi, Haut-Katanga, Bin Nassor Kasongo, President of the Chamber of Mines of the Democratic Republic of Congo, underscored the pivotal role of mining in the country’s economic development. “From 2007 to 2022, our mining industry contributed nearly $30 billion to the public treasury, making the mining sector the backbone of the Congolese economy,” Kasongo stated during his keynote speech at the Pullman Karavia Hotel. He credited this achievement to the early vision of industry pioneers and reaffirmed the Chamber’s… Read More Here
Zambia Eyes 6% Economic Growth in 2025 Amid Copper Boom and Currency Surge 7 Mining in Zambia Economy 

Zambia Eyes 6% Economic Growth in 2025 Amid Copper Boom and Currency Surge

Constance
Zambia’s economy is on track to grow by at least 6% this year, marking its strongest expansion since 2021, according to Finance Minister Situmbeko Musokotwane. The projection, he said, is fueled by a combination of improved rainfall and a surge in copper production, Zambia’s economic backbone. Speaking on the sidelines of Bloomberg’s annual Africa Business Media Innovators Conference, Musokotwane emphasized that the country’s mining sector—particularly copper—is central to its ongoing economic rebound. Zambia, the second-largest copper producer in Africa, saw a significant increase in metal output last year. Copper accounts… Read More Here
Burkina Faso Boosts Govt Stake in Gold Mining to Reclaim Resource Control 8 International Gold 

Burkina Faso Boosts Govt Stake in Gold Mining to Reclaim Resource Control

Constance
Burkina Faso has officially increased the government’s free-carried equity stake in major gold mining projects from 10% to 15%, a move aimed at capturing greater value from the country’s most important natural resource. The change is part of the revised Mining Code adopted in August 2024, signaling a significant shift toward resource sovereignty. This reform impacts several high-profile mining projects, including Sanbrado, Kiaka, and Toega, all operated by Australia-listed West African Resources. The company confirmed its agreement to the new terms following negotiations with the Burkinabè government and other industry… Read More Here
Tanzania and Burkina Faso Lead Africa’s Push for Gold Sovereignty 9 International Gold 

Tanzania and Burkina Faso Lead Africa’s Push for Gold Sovereignty

Constance
Tanzania is intensifying efforts to reclaim control over its gold reserves by mandating that large-scale mining companies process and trade at least 20% of their production domestically. This bold move positions the East African nation among a growing number of African countries seeking to extract more value from natural resources and assert greater sovereignty over their mining sectors. The policy, which aligns with a similar gold legislation enacted in September 2024, is part of a broader shift toward resource nationalism. With global gold prices surging, governments are increasingly focused on… Read More Here
Sinomine Halts Tsumeb Smelter Operations Amid Global Copper Concentrate Shortage 10 International Copper Corporate News 

Sinomine Halts Tsumeb Smelter Operations Amid Global Copper Concentrate Shortage

Constance
Sinomine Resource Group announced on Friday that it has temporarily suspended copper smelting operations at its Tsumeb facility in Namibia due to a global shortage of copper concentrate. The shortage comes amid a rapid increase in global smelting capacity, which has outpaced the supply of copper ore. The Tsumeb smelter, one of the few facilities worldwide capable of processing arsenic- and lead-rich copper concentrates, was acquired by Sinomine from Dundee Precious Metals in 2024. With an annual processing capacity of 240,000 metric tons, the plant has previously handled copper concentrate… Read More Here

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