Angola Warns Gold Miners in Cabinda Over Non-Compliance 21 International Gold 

Angola Warns Gold Miners in Cabinda Over Non-Compliance

Most mining companies operating in Angola’s Cabinda province, particularly in the gold sector, risk losing their exploration licenses due to non-compliance with government regulations, warned Angola’s Secretary of State for Mineral Resources, Jânio Corrêa Víctor, on Saturday. Speaking to the press during a two-day working visit to Cabinda, Víctor revealed that out of 11 licensed gold projects in the province, only one has delivered tangible results, while the rest remain inactive. He noted that Angola continues to face a significant gold production deficit, making it difficult to achieve its mining… Read More Here
TAGS & Sodiam Sell $15.4M in Rough Diamonds at 2025 Luanda Tender 22 Diamond Corporate News International 

TAGS & Sodiam Sell $15.4M in Rough Diamonds at 2025 Luanda Tender

Trans Atlantic Gem Sales (TAGS) and Angola’s state-owned diamond trader, Sodiam, successfully sold more than $15.4 million worth of large rough diamonds at their first tender of the year. The sale, held from March 5 to 13 in Luanda, featured 36 diamonds over 10 carats, including seven stones exceeding 60 carats. Approximately 95% of the goods found buyers. TAGS, which markets production from seven Angolan mines—Lulo, Tchegi, Somiluana, Kaixepa, Chitotolo, Catoca, and Luele—saw contributions from all of them in this auction. Among the highlights were two high-value diamonds from Lucapa… Read More Here
CKM eMagazine March – April 2025 Edition (PDF FORMAT) 23 CKM eMagazine 

CKM eMagazine March – April 2025 Edition (PDF FORMAT)

Just in case you have not yet receive the March – April 2025 edition of the CKM eMagazine, Here’s your free copy and don’t forget to share with your colleagues who might not only need this but would also benefit immensely from the quality content and professional information provided in this special edition. The CKM eMagazine is massively distributed digitally reaching top decision makers in all the mining houses in Zambia and the DRC. We have over 136,000 followers on LinkedIn with over 79,000 CKM Newsletter subscribers with over 1,000,000 organic impressions per month. The next edition, the May – June 2025 edition… Read More Here
Glencore to Take 10% Stake in Cobalt Investment Firm Amid Market Slump 24 International Corporate News 

Glencore to Take 10% Stake in Cobalt Investment Firm Amid Market Slump

Glencore is set to acquire a 10% stake in Cobalt Holdings, a new investment company planning to list on the London Stock Exchange in May, the Financial Times reported. Cobalt Holdings will operate similarly to commodity investment firms like Yellow Cake, which deals in uranium, by purchasing and holding physical supplies of cobalt. As part of a long-term agreement, Glencore will sell $200 million worth of cobalt—produced as a by-product of its copper mining operations in the Democratic Republic of Congo (DRC)—to Cobalt Holdings. This move is expected to reduce… Read More Here
Coltan ore1 Mining in DRC 

DRC Cracks Down on Illegal Mineral Exports Linked to M23 Rebels

The Democratic Republic of Congo (DRC) is intensifying efforts to curb the illegal export of its minerals, particularly those allegedly smuggled by the Rwandan-backed M23 rebels. During a cabinet meeting on Friday, Mines Minister Kizito Pakabomba announced a series of measures aimed at cutting off the rebels’ access to revenue from mineral sales, which Kinshasa claims is fueling both their operations and Rwanda’s involvement in the conflict. As part of these measures, the DRC has designated the mining sites of Rubaya in Masisi territory and Nyabibwe in Kalehe territory as… Read More Here
Zambia and DRC to Lead Africa's Copper Industry Expansion in 2025 25 Copper Mining in DRC Mining in Zambia 

Zambia and DRC to Lead Africa’s Copper Industry Expansion in 2025

Africa’s copper industry is set for significant expansion in 2025, with the Democratic Republic of Congo (DRC) and Zambia leading the charge. Both nations are ramping up production through new mining projects, increased exploration, and modernization of existing operations to meet growing global demand. Copper production surged across Africa in 2024, with top producers setting ambitious targets for further growth. In the DRC, output rose by 12.6% year-on-year, reaching 3.3 million metric tons—accounting for 11% of global supply. This increase was driven by the Phase Three Expansion of Ivanhoe Mines’… Read More Here
Japan Allocates $1.2 Million to Enhance Zambia’s Mining Sector 26 Mining in Zambia 

Japan Allocates $1.2 Million to Enhance Zambia’s Mining Sector

In a move to support Zambia’s goal of expanding its mining capacity, the government of Japan has provided $1.2 million in grant aid. The funds will be used to procure laboratory equipment for Zambia’s Geological Survey Department, enhancing its ability to identify viable mining locations and improve operational efficiency in the sector. Finance and National Planning Minister Situmbeko Musokotwane welcomed the grant, stating, “The new equipment will not only improve the accuracy and efficiency of geological surveys but also attract further investment into Zambia’s mining sector. Increased investment will create… Read More Here
Prospect Resources Unveils Maiden Resource Estimate for Zambia’s Mumbezhi Copper Project 27 Mining in Zambia Copper New Mining Projects 

Prospect Resources Unveils Maiden Resource Estimate for Zambia’s Mumbezhi Copper Project

ASX-listed Prospect Resources has announced a maiden mineral resource estimate (MRE) of 107 million tonnes at 0.5% copper, containing a total of 515,000 tonnes of copper at its Mumbezhi copper project in Zambia. The resources are distributed across the Nyungu Central and Kabikupa deposits. The MRE includes: Gold and cobalt resources at Mumbezhi have not yet been classified under the Joint Ore Reserves Committee (JORC) guidelines due to historical inconsistencies in cobalt assays and limited gold assay data. Additionally, comprehensive metallurgical testwork to assess potential recoveries of these byproducts has… Read More Here
Panama Demands First Quantum Drop Legal Action for Mine Talks 28 International Copper Corporate News 

Panama Demands First Quantum Drop Legal Action for Mine Talks

Panama is urging First Quantum Minerals (TSX: FM) to immediately withdraw its legal proceedings against the government if the company is serious about negotiating a restart of its shuttered Cobre Panama mine. President Jose Raul Mulino announced that he has authorized the export of stockpiled copper concentrate from the open-pit mine, adding that First Quantum must compensate Panama since the material will be processed abroad. “The concentrate is being wasted, and Panama has invested heavily in it,” Mulino stated during a press conference in Panama City. “The mine’s future will… Read More Here
Alphamin Halts Mining at Bisie Tin Mine Amid DRC Conflict 29 Mining in DRC Regional conflict Tin 

Alphamin Halts Mining at Bisie Tin Mine Amid DRC Conflict

TSX-V and JSE-listed Alphamin Resources has temporarily suspended mining operations at its Bisie tin mine in the Democratic Republic of Congo (DRC) due to escalating conflict in the region. The company reported that insurgent militant groups advanced westward toward the mine site on March 9, posing a significant security risk. Prioritizing the safety of its employees and contractors, Alphamin stated that operations will remain suspended until the situation stabilizes. Only essential personnel remain on-site to oversee care, maintenance, and security. Alphamin also confirmed that peace talks between the governments of… Read More Here

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