Breaking News
IMF Approves $442 Million Support for DRC Amid Economic Recovery 21 Mining in DRC Economy 

IMF Approves $442 Million Support for DRC Amid Economic Recovery

Constance
IMF Approves $442M Disbursement for DRC Under ECF and RSF Programs to Support Growth and Stability The Executive Board of the International Monetary Fund (IMF) has approved the second review of the arrangement under the Extended Credit Facility (ECF) and the first review under the Resilience and Sustainability Facility (RSF) for the Democratic Republic of Congo (DRC). This approval unlocks an immediate total disbursement of US$442 million, the IMF announced. Specifically, the completion of the second ECF review allows a disbursement of 190.4 million Special Drawing Rights (SDRs), approximately USD… Read More Here
Zambia Launches Subsidy Program to Expand Rural Electricity Access 22 Mining in Zambia Electricity 

Zambia Launches Subsidy Program to Expand Rural Electricity Access

Constance
REA and ZESCO Introduce Last-Mile Connection Fee Subsidy to Boost Rural Electricity Access in Zambia The Rural Electrification Authority (REA), in partnership with ZESCO Limited, has officially launched the Last-Mile Connection Fee Subsidy Programme under the Accelerating Sustainable and Clean Energy Transformation in Zambia (ASCENT Zambia) initiative. ASCENT Zambia is a five-year programme supported by a US$200 million World Bank project, complemented by US$250 million in government funding. The initiative aims to accelerate universal access to affordable, reliable, and clean electricity, particularly in rural and peri-urban communities. Under the new… Read More Here
FQM’s Local Investment Fuels Mukoleku Security’s Rapid Growth 23 Mining in Zambia Corporate News 

FQM’s Local Investment Fuels Mukoleku Security’s Rapid Growth

Constance
Mukoleku Security Services Grows from Small Startup to Major Employer Through Local Partnerships and Mining Contracts What began as a modest security operation in 2014 with a single bicycle and three guards has grown into a thriving enterprise employing over 500 staff. Mukoleku Security Services, led by founder and Managing Director Howard Mutambakyalo, now holds significant contracts with major mining companies and operates a fleet of vehicles equipped with advanced security technology. Reflecting on the company’s journey, Mr. Mutambakyalo said, “We started with just three guards. Today, we have more… Read More Here
DRC Intensifies Mineral Beneficiation to Expand Local Value Addition 24 Mining in DRC Cobalt Copper 

DRC Intensifies Mineral Beneficiation to Expand Local Value Addition

Constance
Mineral Beneficiation in the Democratic Republic of Congo: Strengthening Value Addition and Industrial Growth The Democratic Republic of Congo (DRC) is strengthening its mineral beneficiation agenda as part of a broader effort to reposition its mining sector around domestic value addition and industrial development. By prioritizing local processing through Special Economic Zones (SEZs), smelters, and refineries, the country is moving away from a historical reliance on raw mineral exports toward a more integrated and higher-value mining economy. At the core of this strategy is the development of industrial zones designed… Read More Here
DRC Mining Cadastre Temporarily Suspends New Mining Rights Applications 25 Mining in DRC 

DRC Mining Cadastre Temporarily Suspends New Mining Rights Applications

Constance
DRC Mining Cadastre (CAMI) Suspends New Mining and Quarry Applications from December 17, 2025 The Mining Cadastre (CAMI) has announced the temporary suspension of its window for receiving new applications for mining rights and quarry exploration permits, effective December 17, 2025. The announcement was made through an official statement signed by CAMI’s Director General, Popol Mabolia. According to CAMI, the decision is driven by the launch of a comprehensive land registry clean-up project. This initiative aims to improve the accuracy, reliability, and overall management of data related to mining titles… Read More Here
Kitumba Mine on Track to Commence Copper Production in 2026 26 Copper Mining in Zambia New Mining Projects News in Brief 

Kitumba Mine on Track to Commence Copper Production in 2026

Constance
Kitumba Copper Mine to Begin Production by June 2026, Supporting Zambia’s 3 Million Tonne Target Sino-Mine Kitumba Minerals, located in Mumbwa District, Central Province, is scheduled to commence copper production by June 2026. The government has expressed strong support for the project, highlighting the adoption of state-of-the-art technology and the introduction of new skills to Zambians. Deputy Secretary to the Cabinet, Siazongo Siakalenge, stated that once operations begin next year, the mine’s projected annual output of 50,000 metric tonnes of copper will make a significant contribution toward Zambia’s goal of… Read More Here
Zambia Launches Timbuktoo MineTech Hub to Drive Innovation and Sustainable Mining 27 Mining in Zambia Technology & Innovation 

Zambia Launches Timbuktoo MineTech Hub to Drive Innovation and Sustainable Mining

Constance
Zambia Unveils Timbuktoo MineTech Hub to Accelerate Mining Innovation and Economic Transformation Zambia has taken a significant step toward technology-led economic transformation with the official launch of the Timbuktoo MineTech Hub, a collaborative initiative involving the National Institute for Scientific and Industrial Research (NISIR), First Quantum Minerals (FQM), and the United Nations Development Programme (UNDP). Launched in Lusaka on Friday, the MineTech Hub represents a strategic public–private partnership designed to position Zambia as a regional centre for mining innovation, sustainable resource development, and industrialisation. The initiative is supported under UNDP’s… Read More Here
ZAFFICO Shareholders Approve Major Financing and Corporate Name Change 28 Mining in Zambia Corporate News 

ZAFFICO Shareholders Approve Major Financing and Corporate Name Change

Constance
ZAFFICO Secures ZMW475m Financing Approval as Shareholders Endorse Corporate Rebrand Shareholders of Zambia Forestry and Forest Industries Corporation Plc have unanimously approved key resolutions authorising significant financing arrangements and a change to the company’s corporate name at an Extraordinary General Meeting (EGM) held on 15 December 2025. The meeting ratified two facility agreements with Indo Zambia Bank and Absa Bank Zambia, both funded through the Bank of Zambia’s Stability and Resilience Facility. The approvals enable the company to access a combined total of ZMW 475 million to support its expansion… Read More Here
Zambia Breaks Ground on Siavonga 100MW Solar Project to Boost Energy Security 29 Mining in Zambia Energy 

Zambia Breaks Ground on Siavonga 100MW Solar Project to Boost Energy Security

Constance
Zambia Launches $80m Siavonga 100MW Solar PV Project to Strengthen National Power Supply Zambia has taken a major step toward strengthening national energy security with the groundbreaking of the $80-million Siavonga 100-megawatt Solar Photovoltaic (PV) Project, a landmark renewable energy development aimed at enhancing electricity supply and system resilience. Speaking on behalf of the Minister of Energy, Permanent Secretary – Electricity, Engineer Arnold Simwaba, said the project reflects the Government’s commitment to translating energy policy into bankable investments that diversify the country’s power mix, mitigate climate-related risks, and support sustained… Read More Here
Zambia’s Energy Permanent Secretary Tours Tazama Pipeline to Strengthen Fuel Security 30 Mining in Zambia Energy Oil & Gas 

Zambia’s Energy Permanent Secretary Tours Tazama Pipeline to Strengthen Fuel Security

Constance
Zambia Energy Permanent Secretary Inspects Tazama Pipeline to Reinforce National Fuel Security Zambia’s newly appointed Permanent Secretary for Energy, Professor Ephrahim Munshifwa, has undertaken a familiarisation tour of the Tazama Pipeline to gain firsthand insight into the country’s critical petroleum infrastructure and to reinforce the strategic importance of fuel security. Professor Munshifwa began his visit with a courtesy call at the Provincial Office, where he met with Provincial Permanent Secretary Lawrence Mwanza. He then proceeded to inspect the Tazama storage tanks and the Ndola Fuel Terminal (NFT). During engagements with… Read More Here

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