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Mali Forecasts Lower Gold Production Through 2029 Amid Mining Sector Reforms 24 International Gold 

Mali Forecasts Lower Gold Production Through 2029 Amid Mining Sector Reforms

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Mali Expects Gold Production to Stay Below 60 Tonnes Annually Through 2029 as Mining Reforms Reshape Sector Mali’s industrial gold production is projected to remain below 60 metric tonnes per year through 2029, according to the Ministry of Mines’ 2026–2029 strategic plan, reflecting the continued impact of sweeping mining reforms and regulatory changes introduced in recent years. The West African nation, one of Africa’s leading gold producers, has strengthened state oversight of the mining industry following the adoption of a new mining code in 2023. The reforms are aimed at… Read More Here
Civil Society Urges DRC to Fast-Track Independent Audit of Sicomines Agreement 25 Mining in DRC Corporate News 

Civil Society Urges DRC to Fast-Track Independent Audit of Sicomines Agreement

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DRC Civil Society Calls for Urgent Independent Audit of Sicomines Project to Improve Transparency and Accountability The Congo Is Not for Sale Coalition (CNPAV) has called on President Félix Tshisekedi and Prime Minister Judith Suminwa Tuluka to accelerate the implementation of an independent technical and financial audit of the Sicomines mining project, describing it as essential to improving transparency, accountability and governance in one of the Democratic Republic of Congo’s largest mining partnerships. In a statement issued on 23 July, the coalition urged the government to maintain momentum on the… Read More Here
Jindal Group Invests $160 Million to Build Africa’s First Fully Electric Coal Mine 26 International Coal Corporate News 

Jindal Group Invests $160 Million to Build Africa’s First Fully Electric Coal Mine

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Mozambique Secures $160 Million Investment as Jindal Develops Africa’s First Fully Electric Coal Mine Indian billionaire Sajjan Jindal’s Jindal Group has committed $160 million to transform its Moatize coal mine in Mozambique into Africa’s first fully electric coal mining operation, marking a major step toward more efficient and lower-emission mining on the continent. The investment will fund the development of a 300-megawatt power system to electrify mining operations, coal processing facilities and rail transport infrastructure at the Vulcan-operated mine in Tete Province. Replacing diesel-powered equipment with electric systems is expected… Read More Here
DRC Mining Companies Agree on Framework for Congolese Ownership Participation Rules 27 Mining in DRC 

DRC Mining Companies Agree on Framework for Congolese Ownership Participation Rules

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DRC Miners and Government Reach Agreement on Decree to Increase Congolese Participation in Mining Companies Mining companies operating in the Democratic Republic of Congo have reached an agreement with the Ministry of Mines on the draft decree governing Congolese participation in the share capital of mining companies. The agreement was reached during a working session held on July 21, 2026, in Kinshasa, chaired by Professor Dr. Michel Kaswa Kayomo, Chief of Staff to the Minister of Mines, who represented Minister Louis Watum Kabamba. The meeting brought together senior government officials,… Read More Here
Yannick Makola Appointed First Congolese Managing Director of Kamoto Copper Company 28 Mining in DRC Copper Corporate News Mining Personality 

Yannick Makola Appointed First Congolese Managing Director of Kamoto Copper Company

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Glencore’s KCC Names Yannick Makola as First Congolese CEO to Lead Major DRC Copper Producer Kamoto Copper Company (KCC), a subsidiary of global mining group Glencore in the Democratic Republic of Congo, has appointed Yannick Makola as Managing Director, subject to approval by the company’s Board of Directors. The appointment marks a historic milestone for KCC, as Makola becomes the first Congolese national to lead the company since its establishment. Makola joined KCC in 2020 as General Manager responsible for Processing before advancing through senior leadership roles. He most recently… Read More Here
DRC’s Kasai-Oriental Seeks Funding and Energy Solutions to Unlock Copper Potential 29 Mining in DRC Copper Energy 

DRC’s Kasai-Oriental Seeks Funding and Energy Solutions to Unlock Copper Potential

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SAEMAPE Calls for More Funding and Energy Investment to Support Copper Development in Kasai-Oriental The Democratic Republic of Congo’s Kasai-Oriental Province faces major challenges in developing its copper potential, with limited financing for exploration activities, artisanal mining formalisation, and energy supply emerging as key concerns. The Director General of the Service for Assistance and Support of Artisanal and Small-Scale Mining (SAEMAPE), Jean-Paul Kapongo Kadiobo, has called on the Congolese government and the Mining Fund for Future Generations (FOMIN) to provide the necessary resources to support the transition of artisanal miners… Read More Here
Manono Lithium Expands Local Hiring and Skills Development in DRC’s Emerging Lithium Sector 30 Mining in DRC Battery Metals Lithium 

Manono Lithium Expands Local Hiring and Skills Development in DRC’s Emerging Lithium Sector

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Manono Lithium Prioritises Local Employment as DRC Advances Major Lithium Project Development Manono Lithium SAS says it is prioritising the recruitment and training of young people from Tanganyika Province as it develops one of the Democratic Republic of Congo’s most promising lithium projects. The company’s Communications Officer, Célestin Muganza, said local employment remains a key focus, while acknowledging that mining operations require specialised technical skills that may not always be immediately available in the region. “Manono Lithium’s priority is to provide employment opportunities for local youth. The project must first… Read More Here
Chile Plans US$100 Billion Copper Expansion as It Seeks New Markets Beyond China 31 International Copper Investment News 

Chile Plans US$100 Billion Copper Expansion as It Seeks New Markets Beyond China

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Chile Targets US$100 Billion Copper Investment Drive to Diversify Markets Beyond China Chile is planning a major US$100 billion investment drive to expand its copper industry and attract new buyers beyond China as global demand for the critical metal continues to rise. The world’s largest copper producer is seeking to diversify its export markets while strengthening its role in the global supply chain for minerals essential to the energy transition, including electric vehicles, renewable energy infrastructure, and advanced technologies. Chile’s strategy aims to reduce dependence on a limited number of… Read More Here
Barrick Invests C$20.8 Million in Kingfisher Metals to Advance Copper-Gold Exploration Project 32 International Corporate News Gold 

Barrick Invests C$20.8 Million in Kingfisher Metals to Advance Copper-Gold Exploration Project

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Barrick Acquires 9.9% Stake in Kingfisher Metals to Support Highway 37 Copper-Gold Project in Canada Global mining company Barrick Mining Corporation has invested C$20.8 million in Canadian copper and gold explorer Kingfisher Metals Corporation through a private placement, strengthening its exposure to the company’s Highway 37 project in British Columbia. Barrick subscribed for 15.4 million units priced at C$1.35 each, with each unit consisting of one common share and half of a share purchase warrant. Each full warrant allows Barrick to acquire an additional Kingfisher share at C$1.70 within the… Read More Here
Firering Advances Limeco Quicklime Project as Zambia Operation Moves Toward Full Production 33 Mining in Zambia Limestone 

Firering Advances Limeco Quicklime Project as Zambia Operation Moves Toward Full Production

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Limeco Quicklime Project Expands Production Capacity as Firering Increases Stake in Zambia Operation Aim-listed Firering Strategic Minerals has begun hot commissioning Kiln 3 at its Limeco quicklime project in Zambia following the completion of planned refurbishment works, marking further progress toward expanding commercial production. With three kilns now operating, Firering said the project is moving beyond break-even production and is positioned to become one of Zambia’s leading producers of high-quality lime for the mining, construction, agriculture, and industrial sectors. The company has successfully restarted the gasifier and returned Kilns 1… Read More Here

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