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US and DRC in Talks Over Critical Minerals Deal 1 Mining in DRC Cobalt Copper Lithium 

US and DRC in Talks Over Critical Minerals Deal

Constance
The United States is engaging in exploratory discussions with the Democratic Republic of Congo (DRC) over a potential agreement that would grant the US access to the country’s critical minerals in exchange for military support. The DRC government reportedly initiated discussions two weeks ago, following an interview in which President Félix Tshisekedi stated that the Trump administration had expressed interest in the nation’s vast mineral resources. The DRC is the world’s largest producer of cobalt, a key component in electric vehicle batteries, accounting for over 70% of global production. The… Read More Here
US and Ukraine Revive Minerals Deal After Contentious Oval Office Meeting 2 International Governance 

US and Ukraine Revive Minerals Deal After Contentious Oval Office Meeting

Constance
The United States and Ukraine are moving forward with a minerals agreement that was derailed after a tense Oval Office meeting between President Donald Trump and Ukrainian President Volodymyr Zelenskiy, sources familiar with the situation revealed on Tuesday. Trump has expressed a desire to announce the deal during his address to Congress on Tuesday evening, though it remains unsigned, and the situation could still change, according to three sources. The White House, Ukraine’s presidential administration in Kyiv, and the Ukrainian embassy in Washington have not responded to requests for comment.… Read More Here
Mali Bans Small-Scale Gold Mining Permits for Foreigners Amid Safety Concerns 3 Gold Artisanal mining Mining safety 

Mali Bans Small-Scale Gold Mining Permits for Foreigners Amid Safety Concerns

Constance
Mali has halted the issuance of small-scale gold mining permits to foreign nationals following a series of fatal mining accidents. Interim President Assimi Goïta has directed the government to implement stricter measures to prevent human and environmental disasters, Minister of Security and Civil Protection General Daoud Aly Mohamedinne announced on Wednesday. The new measures include: The crackdown follows a tragic mine collapse in western Mali last month, which claimed the lives of at least 49 people, many of them women. The accident occurred in an open-pit site where individuals were… Read More Here
Rome Resources Confirms Extensive Copper and Tin Mineralization at Mont Agoma 4 Mining in DRC Copper New Mining Projects Tin 

Rome Resources Confirms Extensive Copper and Tin Mineralization at Mont Agoma

Constance
AIM-listed Rome Resources has announced promising assay results from drill hole MADD018 at its Mont Agoma prospect in the Democratic Republic of Congo. The results confirm a cumulative 62.25 m higher-grade copper zone at 0.61% within a broader 148 m intercept averaging 0.35% copper. Recent drilling has also revealed visible tin across a 40 m interval in hole MADD024, along with a 179 m visible copper zone. Located approximately 70 m beneath the earlier MADD012 drill hole—which reported a 40 m-wide tin zone grading between 0.1% and 0.3%—MADD024 appears to… Read More Here
Mercuria and Glencore Renew Copper Deal with Gécamines 5 Mining in DRC Copper 

Mercuria and Glencore Renew Copper Deal with Gécamines

Constance
Mercuria Energy Group Ltd. and Glencore Plc have renewed their agreement to purchase copper from the Democratic Republic of Congo’s state-owned miner, Gécamines. This move aligns with Gécamines’ strategy to independently market its share of output from joint ventures. According to sources familiar with the matter, the two commodity traders successfully bid for copper from the Tenke Fungurume mine, which is majority-owned by China’s CMOC Group Ltd. Mercuria secured 50% of Gécamines’ allocated copper, while Glencore obtained 25%. The remaining 25% has yet to be assigned. These allocations mirror last… Read More Here
Lualaba Civil Society Backs DRC’s Temporary Cobalt Export Ban to Stabilize Market 6 Cobalt Economy Mining in DRC 

Lualaba Civil Society Backs DRC’s Temporary Cobalt Export Ban to Stabilize Market

Constance
Amid a sharp decline in cobalt prices, civil society organizations in Lualaba, in collaboration with the CASMIA-G ASBL platform, have assessed the government’s recent decision to temporarily suspend cobalt exports. This measure, enacted by the Regulatory and Control Authority for Strategic Mineral Substances Markets (ARECOMS), aims to curb oversupply and stabilize the market. Cobalt, classified as a strategic mineral under Article 7 bis of the Mining Code, is crucial to the Congolese economy. The majority of production comes from Lualaba and Haut-Katanga, sourced from both industrial mines and artisanal cooperatives.… Read More Here
Vedanta CEO Visits KCM to Strengthen Commitment to Mine’s Future 7 Mining in Zambia Copper Corporate News News in Brief 

Vedanta CEO Visits KCM to Strengthen Commitment to Mine’s Future

Constance
Vedanta Resources Group CEO, Deshnee Naidoo, visited Konkola Copper Mines (KCM) operations in Chingola and Chililabombwe last week to gain firsthand insight into the mine’s operations. Her visit follows her recent appointment to lead Vedanta’s expansion projects. Accompanied by a high-level delegation, including Vedanta Base Metals CEO Christopher Griffith, KCM Chief Operating Officer Malcolm Mewett, and other senior officials, Naidoo’s visit reaffirmed Vedanta’s strong commitment to the future of KCM and its strategic growth plans. Read More Here
DRC Seeks Exclusive Partnership with US for Critical Minerals and Security Assistance 8 Mining in DRC Battery Metals Governance Uranium 

DRC Seeks Exclusive Partnership with US for Critical Minerals and Security Assistance

Constance
The Democratic Republic of Congo (DRC) has proposed an exclusive partnership with the United States, offering access to its vast mineral resources and infrastructure projects in exchange for security assistance amid a rebellion supported by neighboring Rwanda. In a letter to US Secretary of State Marco Rubio, Congo requested an urgent meeting between Presidents Felix Tshisekedi and Donald Trump to discuss a potential agreement that would grant American companies access to some of the world’s most valuable minerals essential for the global energy transition. “As the world’s largest supplier of… Read More Here
Cobalt Prices Surge Following DRC’s Export Suspension 9 Mining in DRC Cobalt Economy 

Cobalt Prices Surge Following DRC’s Export Suspension

Constance
On February 28, 2025, the price of cobalt oxide on the Shanghai Metals Exchange rose to €16,640 per tonne (excluding tax), marking a 1.46% increase over the past five days. This trend was also observed on the London Metal Exchange, where April 2026 cobalt oxide contracts jumped 5%, trading at $22,246.19 per tonne, up from the previous price of $21,153. This price increase follows the Democratic Republic of Congo’s (DRC) announcement on February 22 that it would suspend cobalt exports for four months, a move aimed at addressing the global… Read More Here
Zambia’s Mines Minister Dismisses Claims of Copper and Gold in Lusaka’s Chunga Compound 10 Mining in Zambia News in Brief 

Zambia’s Mines Minister Dismisses Claims of Copper and Gold in Lusaka’s Chunga Compound

Constance
Minister of Mines and Minerals Development, Hon. Paul C. Kabuswe, has confirmed that there is no evidence of copper or gold in Lusaka’s Chunga Compound, where residents have been digging in search of minerals. A detailed investigation by the Geological Survey Department revealed that the mineral present at the site is primarily iron ore, specifically magnetite. However, the assessment determined that the deposit is not economically viable for extraction by individuals, cooperatives, or small-scale miners. Hon. Kabuswe urged the public to halt all mining activities in the area, emphasizing that… Read More Here

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