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Friedland’s Ivanhoe Atlantic Pushes for U.S. Critical Mineral Status for High-Grade Iron Ore 1 International Battery Metals 

Friedland’s Ivanhoe Atlantic Pushes for U.S. Critical Mineral Status for High-Grade Iron Ore

Constance
Mining billionaire Robert Friedland’s new company, Ivanhoe Atlantic, is actively lobbying the U.S. government to include high-grade iron ore on its official list of critical minerals — a move aimed at aligning with national defense priorities and reducing reliance on foreign steel inputs. The campaign supports the company’s flagship project in Guinea, the Nimba iron ore mine, which is set to begin production of 2 to 5 million tonnes of premium iron ore later this year, with output expected to ramp up to 25 million tonnes annually within seven years.… Read More Here
Zimbabwe Lithium Miners Urge Delay of Export Tax Until Refining Plants Are Operational 2 Lithium Battery Metals International 

Zimbabwe Lithium Miners Urge Delay of Export Tax Until Refining Plants Are Operational

Constance
Lithium producers in Zimbabwe are calling on the government to postpone a proposed 5% export tax on lithium concentrate until domestic refining facilities are fully operational. The Zimbabwe Lithium Exporters (ZLE), an industry body that includes major players like Chengxin Lithium Group, has formally requested the deferral from the Ministries of Mines and Finance. The group is asking for a two-and-a-half-year grace period, allowing time for the construction and commissioning of plants that will produce higher-value lithium sulfate, expected to be completed by 2027. Zimbabwe has rapidly become a key… Read More Here
Botswana Experts Support MIBA Revival After Positive Site Assessment in Kasai Oriental 3 Mining in DRC Corporate News Diamond 

Botswana Experts Support MIBA Revival After Positive Site Assessment in Kasai Oriental

Constance
A team of experts from Botswana has completed a positive assessment of the Bakwanga Mining Company (MIBA) site in Kasai Oriental, paving the way for a structured support program aimed at reviving the struggling state-owned diamond company. “We welcomed the Botswanan delegation not as investors, but as technical partners tasked with evaluating our existing resources and helping us develop a recovery program for MIBA,” said Joëlle Kabena, Coordinator of the State Financial Project Management Unit for the Revival of MIBA (UGP-MIBA), following the evaluation meeting. Kabena noted that the team’s… Read More Here
DRC Grants SACIM Three-Month Sales Moratorium Amid Financial Crisis in Kasai 4 Mining in DRC Corporate News Diamond 

DRC Grants SACIM Three-Month Sales Moratorium Amid Financial Crisis in Kasai

Constance
Anhui Congo Mining Investment Company (SACIM), a diamond producer based in Kasai Oriental, has been granted a three-month moratorium allowing it to freely sell its production. The temporary measure is intended to help the company recover from prolonged financial hardship, including unpaid wages and heavy tax obligations. The announcement was made on Tuesday, May 20, in Tshibwe (Miabi territory) by Aristote Mutombo, the presidential envoy for Greater Kasai. He conveyed President Félix Tshisekedi’s decision to repeal Ministerial Order No. 00049/CAB.MIN/MINES/01/2022, issued by former Mines Minister Antoinette Samba Kalambay. The regulation… Read More Here
CENCO Backs DRC–U.S. Strategic Minerals Partnership as Path to National Development 5 Mining in DRC 

CENCO Backs DRC–U.S. Strategic Minerals Partnership as Path to National Development

Constance
At a press briefing held on Friday, May 16, 2025, at the Interdiocesan Center in Kinshasa, Monsignor Donatien Nshole, Secretary General of the National Episcopal Conference of Congo (CENCO), addressed the growing partnership between the Democratic Republic of Congo (DRC) and the United States, particularly concerning the exploitation of strategic minerals such as tin, tungsten, and tantalum—collectively known as the “3Ts.” Monsignor Nshole emphasized the positive potential of this partnership for the Congolese people. “Like many of our compatriots, we hold strong hopes that the negotiations surrounding our natural resources—especially… Read More Here
Grizzly Mining’s Dubai Auction Nets $24.8M from Zambian Emeralds 6 Mining in Zambia Emeralds 

Grizzly Mining’s Dubai Auction Nets $24.8M from Zambian Emeralds

Constance
Grizzly Mining, a leading Zambian rough emerald producer, has announced revenue of $24.8 million from its most recent international emerald auction held in Dubai this past May. The auction featured medium- to high-grade rough emeralds sourced from the company’s flagship Grizzly Emerald Mine in Zambia. Of the 112 lots offered, 105 were sold—representing a 93.75% success rate—amounting to a total of 1.49 million carats sold. A standout of the event was the sale of the remarkable 6,620-carat Pilala stone, a vivid green emerald with exceptional transparency and intense fluorescent colour.… Read More Here
US-Brokered Peace Deal May Open Legal Trade Route for Congolese Minerals via Rwanda 7 Mining in DRC 

US-Brokered Peace Deal May Open Legal Trade Route for Congolese Minerals via Rwanda

Constance
Congolese minerals such as tungsten, tantalum, and tin—long at the center of tensions between the Democratic Republic of Congo (DRC) and Rwanda—could soon be exported legally to Rwanda for processing under a US-backed peace initiative, according to three sources cited by Reuters. Kinshasa has accused Kigali for years of illegally exploiting its mineral wealth, alleging that tens of millions of dollars’ worth of minerals are smuggled across the border each month. These accusations are closely tied to the ongoing conflict in eastern Congo, where Rwanda-backed M23 rebels have escalated hostilities… Read More Here
Namibia Eyes Investment Rebound on Uranium, Oil, and Green Hydrogen Projects 8 International Energy Oil & Gas Uranium 

Namibia Eyes Investment Rebound on Uranium, Oil, and Green Hydrogen Projects

Constance
Namibia expects a strong rebound in foreign direct investment (FDI) this year following a 25% decline in 2024, driven by the restart of uranium operations and increased activity in oil exploration and green hydrogen projects. The southern African country is actively positioning itself to attract renewed capital in these strategic sectors, according to Francois van Schalkwyk of the Namibia Investment Promotion and Development Board. “Several international oil companies are continuing to invest not only in exploration but also in supporting services for future development,” he noted. “We anticipate that at… Read More Here
CMOC and Glencore Clash Over Future of DRC Cobalt Export Ban 9 Mining in DRC Battery Metals Cobalt 

CMOC and Glencore Clash Over Future of DRC Cobalt Export Ban

Constance
China’s CMOC and Switzerland’s Glencore have taken opposing stances on how to proceed after the suspension of cobalt exports from the Democratic Republic of Congo (DRC), which supplied 76% of the world’s cobalt in 2024. CMOC is advocating for a swift end to the export embargo, while Glencore-affiliated traders argue that the market must stabilize before Congolese cobalt re-enters the global supply chain. The issue was addressed during the recent Cobalt Congress in Singapore, in a meeting attended by DRC’s Minister of Mines, Kizito Pakabomba. CMOC Vice-President Kenny Ives emphasized… Read More Here
Congo’s Cobalt Export Ban Nears Expiry Amid Market Uncertainty 10 Mining in DRC Battery Metals Cobalt 

Congo’s Cobalt Export Ban Nears Expiry Amid Market Uncertainty

Constance
In February, the Democratic Republic of Congo (DRC) imposed a four-month ban on cobalt exports, a measure now under review according to the country’s Minister of Mines, Kizito Pakabomba. He made the announcement on May 14 at the Cobalt Congress 2025 in Singapore. At the time the ban was enacted, the country’s regulatory body for strategic minerals, Arecoms, stated that an assessment would be conducted three months into the measure, with possible adjustments or a full reversal depending on the findings. With the ban set to expire on June 22,… Read More Here

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