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President Hichilema to Recommission Deep Shaft at Lubambe Mine Amid Renewed Mining Sector Growth 1 Mining in Zambia Copper New Mining Projects 

President Hichilema to Recommission Deep Shaft at Lubambe Mine Amid Renewed Mining Sector Growth

Constance
President Hakainde Hichilema is set to recommission the deep shaft at Lubambe Mine in Chililabombwe, located in Zambia’s Copperbelt Province, on Friday. The announcement was made by Chief Government Spokesperson Cornelius Mweetwa during a press conference held in Choma on Thursday. “On Friday, the President will officiate at the recommissioning of the Lubambe deep shaft, where two deep shafts are either being commissioned or prepared for construction,” said Mr. Mweetwa. He added that this development reflects the positive impact of recent economic growth and a renewed commitment from the business… Read More Here
Jubilee Metals Secures Long-Term Feedstock Deal to Boost Copper Production in Zambia 2 Mining in Zambia Copper Corporate News 

Jubilee Metals Secures Long-Term Feedstock Deal to Boost Copper Production in Zambia

Constance
Diversified metals producer Jubilee Metals has signed a long-term feedstock supply agreement for its Roan concentrator in Zambia, following successful processing trials of high-grade shallow transition copper ore. Production under the new supply deal has already commenced. “This eight-week trial period has confirmed Roan’s unique ability to process transitional copper reefs, which are widely available both at surface and near-surface levels,” said Jubilee Metals CEO Leon Coetzer. Under the agreement, the Roan concentrator will sustain a run-of-mine (ROM) throughput of 35,000 to 40,000 tons per month, producing 240 to 360… Read More Here
Chile Raises Copper Price Forecasts Amid Supply Constraints and Improved Trade Outlook 3 International Copper 

Chile Raises Copper Price Forecasts Amid Supply Constraints and Improved Trade Outlook

Constance
Chile, the world’s largest copper producer, has raised its price projections for the metal for both this year and next, citing easing trade tensions and global supply disruptions that point to a looming market deficit. According to a report released Wednesday by the Chilean Copper Commission (Cochilco), copper prices are now expected to average $4.30 per pound in 2025 and 2026. This marks an upward revision from the previous forecast of $4.25 for both years. The updated quarterly forecast had been delayed to allow more time for analysis following recent… Read More Here
Minister Kabuswe Commends Progress on FQM’s Kansanshi S3 Expansion 4 Mining in Zambia Copper Corporate News New Mining Projects 

Minister Kabuswe Commends Progress on FQM’s Kansanshi S3 Expansion

Constance
Minister of Mines and Mineral Development, Hon. Paul Kabuswe, recently conducted a site inspection at First Quantum Minerals’ (FQM) Kansanshi Mining PLC to review progress on the company’s flagship S3 Expansion Project. He was received by FQM Country Manager Dr. Godwin Beene, Kansanshi Mining PLC Assistant General Manager Axel Kottgen, and FQM Corporate Affairs Manager Kyansenga Chitoshi. During the visit, the Minister was briefed on the project’s key milestones and current status. He commended the Kansanshi team for staying on schedule and noted that the visible progress was a clear… Read More Here
Barrick Awaits Court Ruling in Mali Amid Ongoing Dispute Over Mine Control 5 International Corporate News Gold 

Barrick Awaits Court Ruling in Mali Amid Ongoing Dispute Over Mine Control

Constance
Barrick Gold Corporation, listed on the NYSE and TSX, is awaiting a court ruling scheduled for June 2 by the Bamako Commercial Tribunal regarding the Mali government’s attempt to place the Loulo-Gounkoto mining complex under provisional administration. The move follows the government’s formal request submitted to the court on May 8. In response, Barrick’s Loulo and Gounkoto operations filed legal objections on May 22, contesting the government’s demand. A preliminary hearing on May 15 granted the company an opportunity to present its case. In an official statement, Barrick firmly rejected… Read More Here
Underground Mining Activities at Kakula Mine Suspended 6 Mining in DRC Corporate News Press Release 

Underground Mining Activities at Kakula Mine Suspended

Constance
Kolwezi, Democratic Republic of the Congo–(Newsfile Corp. – May 26, 2025) – Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chairman Robert Friedland and President and Chief Executive Officer Marna Cloete today provide an operational update on the Kamoa-Kakula Copper Complex in the Democratic Republic of the Congo, following the temporary suspension of operations at the Kakula underground mine, as first announced by the company on May 20, 2025. Senior management and a world-class team of geotechnical experts continue to conduct a thorough investigation of the mine to understand the cause… Read More Here
Minerals Mining in DRC 

DRC Aims to Finalize Major U.S. Minerals Deal by End of June

Constance
The Democratic Republic of Congo (DRC) is working to finalize a major minerals agreement with the United States by the end of June, aiming to boost investment in its mining sector and gain diplomatic support in ending a Rwanda-backed rebellion in the country’s troubled eastern region. The agreement is seen as part of Washington’s broader effort to reassert its presence in Congo’s mining industry, which has been heavily dominated by Chinese interests over the past two decades. The DRC is home to some of the world’s largest reserves of cobalt,… Read More Here
Nigeria to Commission Lithium Plants in Shift Toward Domestic Value Addition 7 International Battery Metals Lithium 

Nigeria to Commission Lithium Plants in Shift Toward Domestic Value Addition

Constance
Nigeria is poised to launch two major lithium processing plants this year, marking a strategic shift from exporting raw minerals to developing domestic value chains through processing, manufacturing, and job creation. Mining Minister Dele Alake announced that a $600 million lithium processing facility near the Kaduna-Niger border will be commissioned this quarter, while a $200 million refinery on the outskirts of Abuja is nearing completion. He also revealed that two additional lithium plants are expected to be operational in Nasarawa State by the third quarter of 2025. “We are now… Read More Here
Landmark Agreement Signals New Era for Vocational Training in the DRC 8 Mining in DRC Environment Social Governance (ESG) 

Landmark Agreement Signals New Era for Vocational Training in the DRC

admin
On May 15, 2025, the Club du Bâtiment et des Travaux Publics et de la Chambre des Métiers et de l’Artisanat (Club BTP & CMA) and the Regulatory Authority for Subcontracting in the Private Sector (ARSP) signed a landmark agreement in Kinshasa, in collaboration with the Minister of Professional Training. This agreement marks a decisive step toward building a stronger Congolese middle class by formalizing the training, certification, and employment of local artisans and skilled workers. The partnership reflects the national agenda of President Félix Tshisekedi’s administration to empower local… Read More Here
Patriot Resources Acquires High-Grade Sugarloaf Copper Deposit in Zambia 9 Copper Corporate News Mining in Zambia New Mining Projects 

Patriot Resources Acquires High-Grade Sugarloaf Copper Deposit in Zambia

Constance
ASX-listed Patriot Resources has announced the acquisition of the high-grade Sugarloaf copper deposit, located in the Mumbwa district of Zambia. The deposit, based on historical drilling data, has an exploration target of between 1.6 million and 2.5 million tonnes at grades ranging from 2.0% to 2.5% total copper, representing an estimated 32,000 to 62,500 tonnes of contained copper. Sugarloaf lies just 4.4 km southeast of Sinomine’s Kitumba copper deposit and its under-construction smelter, which Patriot plans to use for ore processing. “Upon completion of this acquisition, Patriot will hold a… Read More Here

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