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ZESCO Signs Power Purchase Agreements with IPPs to Boost Solar Capacity 1 Mining in Zambia Electricity 

ZESCO Signs Power Purchase Agreements with IPPs to Boost Solar Capacity

Constance
ZESCO, Zambia’s state-owned electricity company, has signed Power Purchase Agreements (PPAs) with 28 Independent Power Producers (IPPs) under the Micro-Generator Scheme and the Presidential Solar Initiative. The agreements will add 270 megawatts (MW) of solar power to the national grid. At the signing ceremony, Energy Minister Hon. Makozo Chikote emphasized the government’s commitment to development, stating, “Under President Hakainde Hichilema’s leadership, we are delivering development, not just talking about it. This initiative will power industries, create jobs, and drive economic growth, showing that the UPND government is serious about transforming… Read More Here
Sino Mine Tailings Dam Collapse Devastates Land and Crops in Chambeshi 2 Mining in Zambia Mining safety 

Sino Mine Tailings Dam Collapse Devastates Land and Crops in Chambeshi

Constance
A major environmental disaster has unfolded in Mwambashi Ward, Chambeshi District in Zambia, after the collapse of the Sino Mine Leach Tailings Dam, which contained acid. The spill has not only contaminated the surrounding land but has also devastated over 200 farmers’ fields, raising concerns about mining-related environmental risks. Anthony Mwape, one of the affected farmers, reported that his four-hectare farm—where he grew maize, onions, and cabbage—was completely destroyed. His crops, which were ready for harvest in March, were lost due to the acid exposure. Area Councillor Bertha Mulenga has… Read More Here
Tertiary Minerals Advances Deep Drilling at Konkola West Copper Project 3 Mining in Zambia Copper New Mining Projects 

Tertiary Minerals Advances Deep Drilling at Konkola West Copper Project

Constance
Aim-listed Tertiary Minerals has reported significant progress in drilling at its Konkola West copper project in Zambia, with hole KWDD001 now exceeding 2,600 meters in depth. The drill is currently advancing through the Kitwe Formation, which forms the upper part of the Lower Roan Subgroup, a key copper-bearing geological unit in the Zambian Copperbelt. The drill hole is currently in the Shale with Grit unit of the Kitwe Formation, which typically lies 25 m to 225 m above the Ore Shale, the primary copper-hosting layer in the Konkola area. The… Read More Here
Fortescue Secures 90% Stake in Red Hawk Mining, Moves to Full Acquisition 4 International Mergers & Acquisitions News in Brief 

Fortescue Secures 90% Stake in Red Hawk Mining, Moves to Full Acquisition

Constance
ASX-listed Fortescue has acquired a 90.09% stake in Red Hawk Mining through its wholly owned subsidiary, FMG Pilbara, triggering a compulsory acquisition process for the remaining shares. In a market notice issued on Tuesday, Fortescue confirmed that it had initiated compulsory acquisition proceedings for the remaining Red Hawk shares. As a result, the ASX will suspend Red Hawk’s shares on February 25, with delisting to follow at a later date. Red Hawk shareholders who have not yet accepted Fortescue’s A$1.20-per-share offer still have time to do so before the offer… Read More Here
Zambia Suspends 15% Export Tax on Precious Stones to Boost Competitiveness 5 Mining in Zambia Precious Stones 

Zambia Suspends 15% Export Tax on Precious Stones to Boost Competitiveness

Constance
Zambia has suspended its 15% export tax on precious stones and metals in an effort to enhance global competitiveness and attract investment, the Ministry of Finance announced last week. The southern African nation, the world’s second-largest emerald producer after Colombia, had reintroduced the tax in January 2025 after initially suspending it in 2019. “With this suspension, Zambian precious stones and metals will now be priced more competitively on the global market, attracting greater interest from international buyers and leading to higher sales volumes,” the ministry stated. In January, Gemfields, the… Read More Here
DRC Fights Back Against Rwanda’s Mineral Plundering 6 Mining in DRC 

DRC Fights Back Against Rwanda’s Mineral Plundering

Constance
As the Democratic Republic of Congo (DRC) moves to secure its mineral wealth, Rwanda continues to exploit the country’s resources through illegal extraction and exports. The Minister of Mines, Kizito Pakabomba, revealed on Tuesday, February 19, that since 2022, Rwanda has plundered and exported minerals worth approximately $500 million. Alarmingly, projections indicate that Rwanda intends to export over $2 billion worth of minerals by 2026. To counter this, the Congolese government has intensified measures to ensure that its minerals are traceable and recognized as conflict-free on international markets. “We have… Read More Here
DGRAD and CAMI Urge Mining Right Holders to Pay 2025 Royalties Before Deadline 7 Mining in DRC 

DGRAD and CAMI Urge Mining Right Holders to Pay 2025 Royalties Before Deadline

Constance
The General Directorate of Administrative, Judicial, Land, and Participation Revenues (DGRAD) and the General Directorate of the Mining Cadastre (CAMI) have issued a joint notice reminding all holders of mining and quarry rights in the Democratic Republic of Congo to fulfill their royalty payments for the 2025 financial year. According to the notice, payment of the royalty on mining rights is contingent on obtaining debit and collection notes related to annual surface rights per square. These documents are now available at CAMI counters, and all holders must retrieve them to… Read More Here
DRC Strengthens Mineral Traceability Amid Rising Conflict in the East 8 Mining in DRC Regional conflict 

DRC Strengthens Mineral Traceability Amid Rising Conflict in the East

Constance
At a briefing on Tuesday, February 18, 2025, Minister of Mines Kizito Pakabomba reaffirmed the Congolese government’s commitment to strengthening mineral traceability in response to ongoing conflict in the East, exacerbated by Rwanda’s support for the M23 rebel group. Pakabomba highlighted that the DRC has undertaken significant measures to ensure its minerals meet international certification standards, particularly for the U.S. and European markets. “With the United States, we are engaged in the Mineral Security Partnership (MSP) to certify DRC’s minerals, ensuring their traceability and preventing conflict minerals from entering supply… Read More Here
ANAPEX and UNIDO Collaborate on Export Sector Strategies for DRC 9 Mining in DRC 

ANAPEX and UNIDO Collaborate on Export Sector Strategies for DRC

Constance
The National Agency for the Promotion of Exports (ANAPEX) and the United Nations Industrial Development Organization (UNIDO) held discussions on Thursday regarding the development and implementation of sectoral export strategies in the Democratic Republic of Congo (DRC). “We had productive discussions between ANAPEX and UNIDO on implementing sectoral strategies for export sectors as part of the preparatory work for drafting these strategies,” said Kinkani Hervé Landry, Director of Studies and Planning at ANAPEX. Kinkani emphasized that the meeting also aimed to mobilize donor support for producers and potential exporters in… Read More Here
DRC Communications Minister Condemns International Inaction on Rwanda’s Resource Plundering 10 Mining in DRC 

DRC Communications Minister Condemns International Inaction on Rwanda’s Resource Plundering

Constance
Democratic Republic of Congo (DRC) Minister of Communication and Media, and government spokesperson, Patrick Muyaya Katembwe, has denounced the international community’s failure to act against Rwanda’s alleged exploitation of Congolese resources. Speaking at the opening ceremony of the National Civil Society Consultation Framework (CCNSC-RDC) on February 18, 2025, at the Pullman Hotel in Kinshasa, Muyaya condemned Rwanda as an aggressor state. “Rwanda continues to defile our ancestral land, systematically plundering our resources, violating our women, and massacring our peaceful population—all under the indifferent gaze of the international community. Despite multiple… Read More Here

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