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Dangote Refinery Expands into Namibia with 1.6M-Barrel Fuel Storage to Supply Southern Africa 1 International Oil & Gas Petroleum 

Dangote Refinery Expands into Namibia with 1.6M-Barrel Fuel Storage to Supply Southern Africa

Constance
Dangote Refinery to Build Major Fuel Storage Facility in Namibia to Boost Southern Africa Distribution Dangote Petroleum Refinery is set to build a large-scale fuel storage facility in Namibia with the capacity to hold over 1.6 million barrels of gasoline and diesel, according to two sources cited by Reuters. The project marks a significant step in the company’s strategy to expand its fuel distribution network across Southern Africa and reshape regional energy trade. The planned facility will serve as a key hub for distributing refined products to Namibia, Botswana, Zambia,… Read More Here
Mali Military Airlifts $107M in Gold from Barrick’s Loulo-Gounkoto Mine to Fund Operations 2 International Corporate News Gold 

Mali Military Airlifts $107M in Gold from Barrick’s Loulo-Gounkoto Mine to Fund Operations

Constance
Mali Military Airlifts Gold from Barrick’s Loulo-Gounkoto Mine Amid Operational Restructuring A Malian military helicopter transported gold from Barrick Gold’s (NYSE: GOLD) Loulo-Gounkoto mining complex on Thursday, according to a report by Reuters. The airlift follows a court-appointed administrator’s decision to sell the site’s bullion to help finance ongoing operations. According to the report, the helicopter landed at the mine’s tree-lined airstrip and was met by the site’s security team. The personnel were then escorted to the plant’s gold room, where the bullion was loaded. The aircraft departed five hours… Read More Here
Gemfields Nears Completion of Montepuez Ruby Mine Expansion Amid Challenges 3 Corporate News Gemstones Precious Stones 

Gemfields Nears Completion of Montepuez Ruby Mine Expansion Amid Challenges

Constance
Gemfields to Triple Ruby Output as $70M Montepuez Expansion Nears Completion Gemfields, the UK-based leader in coloured gemstone mining, is nearing the final stages of a major expansion at its Montepuez ruby mine in Mozambique. The $70 million project is expected to significantly increase production capacity, despite recent delays and operational challenges. The company announced that construction of its second processing plant at Montepuez is now 95% complete. Once commissioned, the facility will boost the mine’s ore processing capacity from 200 to 600 tonnes per hour—effectively tripling its throughput. Completion… Read More Here
Ivanhoe Mines Reports 112,009 Tonnes of Copper Produced by Kamoa-Kakula in Q2 2025 4 Corporate News Copper Mining in DRC 

Ivanhoe Mines Reports 112,009 Tonnes of Copper Produced by Kamoa-Kakula in Q2 2025

Constance
Vancouver, Canada – July 8, 2025 — Ivanhoe Mines (TSX: IVN, OTCQX: IVPAF) has announced robust second-quarter 2025 production results and provided updates on key project developments at its flagship operations: Kamoa-Kakula, Kipushi, and Platreef. During Q2 2025, the Kamoa-Kakula Phase 1, 2, and 3 concentrators processed a combined 3.62 million tonnes of ore, producing 112,009 tonnes of copper. This marks an 11% increase compared to the same period in 2024. Copper production for the first half of 2025 now totals 245,127 tonnes. Phase 1 and 2 concentrators are currently… Read More Here
ZEMA Approves $627 Million in Development Projects to Drive Sustainable Growth 30 Mining in Zambia Environment Social Governance (ESG) Mining Policy 

ZEMA Approves $627 Million in Development Projects to Drive Sustainable Growth

Constance
The Zambia Environmental Management Agency (ZEMA) has approved 115 development projects with a combined investment value of $627 million, following the 33rd Environmental Assessment Committee (EAC) meeting held in June 2025. The approved projects span key sectors crucial to Zambia’s economic advancement, including mining (51 projects), mineral processing (22), infrastructure development (18), manufacturing and processing (17), and agriculture, forestry, and tourism (7). The approvals highlight the country’s continued focus on inclusive and environmentally responsible development. Among the major projects greenlit is the construction of a ZAMMSA Regional Medical Warehouse in… Read More Here
First Quantum Minerals Empowers Zambian SMEs at 2025 Trade Fair 31 Mining in Zambia Corporate News Events & Expos 

First Quantum Minerals Empowers Zambian SMEs at 2025 Trade Fair

Constance
First Quantum Minerals (FQM) has reaffirmed its commitment to Zambia’s economic transformation by sponsoring 27 local Small and Medium-sized Enterprises (SMEs) to participate in the 2025 Zambia International Trade Fair in Ndola. This initiative supports the Government’s efforts to boost local content and strengthen business resilience, in line with the fair’s theme: “Enhancing Business Resilience through Innovation and Trade.” FQM’s sponsorship is part of its broader Supplier Development Programme, which aims to empower Zambian businesses within the mining value chain. The programme offers mentorship, access to finance, skills development, and… Read More Here
Zambia’s Economy Shows Steady Growth with Positive Outlook 32 Mining in Zambia Economy 

Zambia’s Economy Shows Steady Growth with Positive Outlook

Constance
Finance and National Planning Minister Dr. Situmbeko Musokotwana has announced that Zambia has recorded consistent economic growth over the past three years, with projections indicating continued improvement in the years ahead. Speaking in Lusaka during the launch of the Zambia Economic Outlook Report, Dr. Musokotwana highlighted that the country’s economic prospects remain favourable. The report notes that while Zambia’s outlook is positive, further diversification of the economy is essential to mitigate potential risks. It also underscores the country’s potential to drive growth by leveraging its rich endowment of energy transition… Read More Here
DRC–Rwanda Peace Agreement Celebrated During Osaka Economic Briefing 33 Mining in DRC Regional conflict 

DRC–Rwanda Peace Agreement Celebrated During Osaka Economic Briefing

Constance
DRC Hails Historic Peace Accord with Rwanda During Economic Forum in Japan On the sidelines of the DRC–Japan Economic Forum in Osaka, a special briefing was held by Patrick Muyaya, the Democratic Republic of Congo’s Minister of Communication and Media. He was joined by Minister of Foreign Trade Julien Paluku and the DRC Ambassador to Japan, Professor Lukumwena Nsenda. The briefing came just one day after the signing of a historic peace agreement between the Democratic Republic of Congo and Rwanda, witnessed in Washington, D.C., by former U.S. President Donald… Read More Here
DRC Launches $257 Million Railway Modernization Project to Boost Regional Connectivity 34 Mining in DRC Infrastructural Development 

DRC Launches $257 Million Railway Modernization Project to Boost Regional Connectivity

Constance
DRC Signs $257M Railway Deal to Modernize Kisangani–Ubundu Line and Boost Regional Trade The Democratic Republic of Congo (DRC) has taken a significant step toward revitalizing its national railway network with the signing of a $257 million concession contract on Friday, July 4, 2025. The agreement focuses on the rehabilitation and modernization of the 115-kilometer Kisangani–Ubundu railway line in the country’s northeast. The official signing ceremony was presided over by the Deputy Prime Minister and Minister of Transport, Communication Channels, and Accessibility. The event marked the formal launch of the… Read More Here

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