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Sinomine Seeks $764 Million to Expand African Lithium and Copper Projects 20 Battery Metals Copper Lithium Mining in Zambia 

Sinomine Seeks $764 Million to Expand African Lithium and Copper Projects

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China’s Sinomine Raises Up to $764 Million for Zimbabwe Lithium and Zambia Copper Projects Chinese mining and battery materials company Sinomine Resource Group Co. is seeking to raise up to 5.2 billion yuan ($764 million) through a private placement to support the expansion of its critical minerals projects in Africa and China. According to a stock exchange filing released Tuesday, the funds will be used to finance the company’s lithium sulfate project in Zimbabwe, accelerate development of its Kitumba copper mine in Zambia, support a cesium and rubidium project in… Read More Here
FQM Highlights $3.5 Billion Economic Loss From Cobre Panamá Suspension 21 International Copper Corporate News Economy 

FQM Highlights $3.5 Billion Economic Loss From Cobre Panamá Suspension

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Cobre Panamá Mine Closure Costs Panama Billions, First Quantum Says First Quantum Minerals (TSX: FM) says the suspension of its Cobre Panamá copper mine has cost Panama an estimated $3.5 billion in lost economic contribution over the past two years, highlighting the growing financial impact of the prolonged shutdown. In its 2025 Tax Transparency and Economic Contributions Report, the Canadian mining company said it contributed $4.1 billion across its operating jurisdictions last year, bringing its total direct economic contribution to governments over the past eight years to $9.6 billion. Zambia… Read More Here
MMG Calls for Clarity on DRC’s Cobalt Export Quotas After Receiving Low Allocation 22 Mining in DRC Battery Metals Cobalt Economy 

MMG Calls for Clarity on DRC’s Cobalt Export Quotas After Receiving Low Allocation

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MMG Seeks Policy Transparency as Congo Tightens Control Over Cobalt Exports China’s MMG Limited is seeking greater clarity on the Democratic Republic of Congo’s cobalt export policy after receiving what it described as a disappointing production quota, raising broader concerns about how the country’s new restrictions are being implemented. The Democratic Republic of Congo (DRC), the world’s leading producer of cobalt  a critical mineral used in electric vehicle batteries first suspended cobalt exports in February 2025 to reduce global oversupply and increase the value derived from its mineral resources. In… Read More Here
CKM eMagazine May-June 2026 Edition (PDF FORMAT) 23 CKM eMagazine 

CKM eMagazine May-June 2026 Edition (PDF FORMAT)

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Just in case you have not yet received the May-June 2026 Edition of the CKM eMagazine, Here’s your free copy and don’t forget to share with your colleagues who might also benefit immensely from the quality content, industry insights and professional information provided in this special edition. “BE VISIBLE TO THE RIGHT AUDIENCE” The CKM eMagazine is massively and mostly distributed digitally, reaching top decision makers in all major mining houses in Zambia and the DRC. We have over 174,000 followers on LinkedIn with over 97,000 CKM Newsletter subscribers with over 1,000,000 organic impressions per month. Note that the May – June 2026 special edition will… Read More Here
Ivanhoe Electric to Deploy Advanced Tunnel Boring Machine at Arizona Copper Project 25 International Copper Corporate News New Mining Projects 

Ivanhoe Electric to Deploy Advanced Tunnel Boring Machine at Arizona Copper Project

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Ivanhoe Electric invests $64.7m in tunnel boring technology for Santa Cruz copper project development in Arizona US minerals exploration company Ivanhoe Electric plans to acquire a purpose-built Crossover XRE tunnel boring machine (TBM) and integrated materials handling system for development of the Santa Cruz copper project in Arizona, at a cost of approximately $64.7 million. The equipment will be supplied by US tunnelling technology company The Robbins Company, which recently repurchased the machine from Anglo American. The TBM was previously used at Anglo American’s Grosvenor coal mine in Queensland, Australia,… Read More Here
DRC Reports Over 1,000 kg of Germanium Hydroxide Output in 2025 Amid Highly Volatile Production 26 Mining in DRC Economy News in Brief 

DRC Reports Over 1,000 kg of Germanium Hydroxide Output in 2025 Amid Highly Volatile Production

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DRC germanium hydroxide production reaches 1,068 kg in 2025 with sharp volatility and export volumes The Democratic Republic of Congo (DRC) produced 1,068.07 kilograms of germanium hydroxide in 2025, according to data from the Technical Unit for Mining Coordination and Planning (CTCPM) under the Ministry of Mines. During the same period, the country exported 1,079.87 kilograms of the material, indicating that nearly all recorded production was shipped abroad. The CTCPM notes that germanium hydroxide production in 2025 was highly unstable, following a pronounced “sawtooth” pattern marked by sharp fluctuations. The… Read More Here
DRC Mining Cadastre Reports Strong Revenue Growth and Advances in Mining Title Reforms 27 Mining in DRC 

DRC Mining Cadastre Reports Strong Revenue Growth and Advances in Mining Title Reforms

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CAMI reports rising state revenues and major land recovery in DRC mining sector reform drive The Mining Cadastre (CAMI) presented its management report to members of the Senate’s ECOFIN and Good Governance Committee during a session held on May 8 in Kinshasa. The delegation, led by Board Chairman Crispin Mbindule Mitono and Director General Popol Mabolia Yenga, outlined recent institutional performance, governance improvements, and progress in managing mining titles and associated state revenues in the Democratic Republic of Congo. A key highlight of the presentation was the increase in revenue… Read More Here
Carter Center Backs DRC Mining Sector Audit as Govt Moves to Tighten Resource Governance 28 Mining in DRC Economy 

Carter Center Backs DRC Mining Sector Audit as Govt Moves to Tighten Resource Governance

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Carter Center supports DRC mining audit targeting revenue repatriation, state mining firms, and joint venture governance The Carter Center has welcomed President Félix Tshisekedi’s decision to launch an audit of the Democratic Republic of Congo’s mining sector, approved during the 87th meeting of the Council of Ministers. The audit will focus on key governance areas, including compliance with obligations to repatriate mining export revenues, the management of mining joint ventures, and oversight of state-owned mining assets. In a statement issued on May 13, the organisation described the initiative as a… Read More Here
DRC Mining Revenue Reaches 7.9 Trillion CDF as Tax Authorities Dominate Collections 29 Mining in DRC Economy Mining tax 

DRC Mining Revenue Reaches 7.9 Trillion CDF as Tax Authorities Dominate Collections

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DRC mining sector generates 7.9 trillion CDF in 2025 with tax authority DGI accounting for majority of revenues Mining revenues collected in the Democratic Republic of Congo (DRC) reached 7,947.5 billion Congolese francs in 2025, according to data published by the Technical Unit for Mining Coordination and Planning (CTCPM) under the Ministry of Mines. The figures show that the General Directorate of Taxes (DGI) remains the dominant revenue collector in the sector, accounting for 81% of total receipts, equivalent to 6,411.9 billion CDF. It is followed by the General Directorate… Read More Here
Illegal Mining Pressure Intensifies in DRC as ERG Reports Major Losses and Security Failures 30 Mining in DRC Cobalt Copper 

Illegal Mining Pressure Intensifies in DRC as ERG Reports Major Losses and Security Failures

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ERG accuses organized illegal mining networks of costing up to $2bn annually in DRC copper and cobalt concessions Pressure is escalating across mining concessions in southeastern Democratic Republic of Congo (DRC), where Eurasian Resources Group (ERG) alleges that large-scale illegal mining networks are operating across several of its copper and cobalt sites in Lualaba and Haut-Katanga provinces. According to an internal report cited by industry sources, ERG’s subsidiaries including Comide, Swanmines, and Boss Mining estimate annual losses approaching $2 billion due to repeated incursions by artisanal and semi-organised miners into… Read More Here

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