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DRC Mines Secretary-General Calls for Implementation of Mining Sector Reforms at DRC Mining Week 1 Mining in DRC Events & Expos 

DRC Mines Secretary-General Calls for Implementation of Mining Sector Reforms at DRC Mining Week

Constance
DRC Mines Secretary-General Urges Implementation of Mining Reforms at DRC Mining Week The Democratic Republic of Congo (DRC) has been urged to accelerate the implementation of key recommendations aimed at strengthening its mining sector and expanding its role in global critical minerals value chains following the conclusion of a three-day industry forum. The event concluded on June 19, with discussions focusing on the challenges facing the Congolese mining industry and the country’s strategic position in the global supply chain for minerals essential to the energy transition. The closing ceremony was… Read More Here
Zambia and US Expand $491 Million Grant Programme to Support Lobito Corridor Infrastructure 2 Mining in Zambia Infrastructural Development Transport and Logistics 

Zambia and US Expand $491 Million Grant Programme to Support Lobito Corridor Infrastructure

Constance
Zambia, US Redirect Part of $491 Million Agriculture Grant to Boost Lobito Corridor and Critical Minerals Infrastructure Zambia has reached an agreement with the United States’ Millennium Challenge Corporation (MCC) to expand the scope of a $491 million grant programme, allowing part of the funding to support infrastructure linked to the country’s critical minerals sector and the strategic Lobito Corridor. The grant, signed in 2024 under the MCC’s “farm-to-market” initiative, was initially designed to strengthen agricultural development and improve rural transport networks in Africa’s second-largest copper producer. According to a… Read More Here
Zimbabwe Lithium Miners Seek Extension Ahead of 2027 Export Ban on Concentrates 3 International Battery Metals Lithium 

Zimbabwe Lithium Miners Seek Extension Ahead of 2027 Export Ban on Concentrates

Constance
Zimbabwe Lithium Producers Request Delay to 2027 Concentrate Export Ban as Processing Capacity Lags Lithium miners in Zimbabwe are urging the government to extend deadlines for building local processing facilities ahead of a planned January 2027 ban on lithium concentrate exports, an industry executive said on Thursday. Zimbabwe, Africa’s largest lithium producer, has been pushing mining companies to increase local beneficiation in order to retain more value from its rapidly growing battery minerals sector. The government has already introduced lithium concentrate export quotas and imposed a 16% export tax, following… Read More Here
MMG Kinsevere Urges More Investment as Global Copper Supply Tightens at DRC Mining Week 4 Mining in DRC Copper Corporate News Events & Expos Investment News 

MMG Kinsevere Urges More Investment as Global Copper Supply Tightens at DRC Mining Week

Constance
DRC Mining Week 2026: MMG Kinsevere Warns of Future Copper Supply Deficit and Calls for Increased Investment MMG Kinsevere has called for increased investment in the global copper industry, warning that rising demand driven by the energy transition and rapid urbanization could place significant pressure on supply over the next decade. Speaking during DRC Mining Week in Lubumbashi, Xie Hao, Deputy General Manager for Technology and Operations Assurance at MMG Kinsevere, said the Democratic Republic of Congo is well positioned to play a critical role in meeting future global copper… Read More Here
Vedanta IPO Plans Boost Zambia’s Ambitious Copper Growth Strategy 5 Mining in Zambia Copper Corporate News Investment News 

Vedanta IPO Plans Boost Zambia’s Ambitious Copper Growth Strategy

Constance
Vedanta’s Planned CopperTech IPO Could Accelerate Konkola Expansion, ZCCM Says Zambia’s ZCCM Investment Holdings says Vedanta Resources’ planned initial public offering (IPO) of its copper business could significantly accelerate the development of the $2.7 billion Konkola Deep Mining Project (KDMP), one of the country’s most ambitious copper expansion initiatives. Vedanta is preparing to list CopperTech Metals, a US-domiciled integrated copper and cobalt producer that will hold the group’s mining assets, including its 79% stake in Konkola Copper Mines (KCM). ZCCM Investment Holdings owns the remaining 21% of KCM. The planned… Read More Here
Environmental Audit Finds Cobre Panama Largely Compliant as Debate Over Mine Restart Intensifies 6 International Copper Corporate News 

Environmental Audit Finds Cobre Panama Largely Compliant as Debate Over Mine Restart Intensifies

Constance
Cobre Panama Environmental Audit Finds 88% Compliance, Clearing Key Hurdle for Potential Mine Restart A final environmental audit of First Quantum Minerals’ suspended Cobre Panama mine has found that the project complies with the majority of its environmental obligations, although shortcomings remain in biodiversity management, ecological restoration and environmental monitoring. The audit, commissioned by Panama’s Ministry of Environment and conducted by Société Générale de Surveillance (SGS), reviewed the mine’s legal, fiscal, environmental and operational performance. It assessed compliance with 370 commitments established under the project’s Category III Environmental Impact Assessment… Read More Here
DRC Miners Seek Delay to 5% Employee Equity Rule as Unions Push for Immediate Enforcement 7 Mining in DRC Copper 

DRC Miners Seek Delay to 5% Employee Equity Rule as Unions Push for Immediate Enforcement

Constance
DRC Mining Sector Divided Over 5% Congolese Employee Equity Requirement as Companies Request Delay and Unions Demand Enforcement Mining companies operating in the Democratic Republic of Congo are seeking a delay to a government directive requiring them to allocate a 5% equity stake to Congolese employees, while trade unions are calling for immediate enforcement ahead of a July 31 deadline, according to a document and three industry sources. No company has yet complied with the directive, a union leader said, despite growing government pressure to strengthen local participation in a… Read More Here
Galileo Resources Sells Botswana Copper Subsidiary in Up to $83 Million Deal with Sandfire Unit 8 Copper Corporate News 

Galileo Resources Sells Botswana Copper Subsidiary in Up to $83 Million Deal with Sandfire Unit

Constance
Galileo Resources Agrees to Sell Virgo Subsidiary to Sandfire Unit in Deal Worth Up to $83 Million Based on Copper Discovery Success Copper and battery metals exploration company Galileo Resources has entered into an agreement to sell its wholly owned subsidiary, Virgo Business Solutions, to Metal Exploration Capital, a subsidiary of ASX-listed Sandfire Resources. Virgo Business Solutions holds copper prospecting licences in Botswana. The transaction includes an upfront payment of US$3 million, along with a potential contingent success payment ranging between US$20 million and US$80 million, depending on the quantity… Read More Here
KCM Plans US$317 Million Coal Power Plant to Strengthen Energy Security for Zambia’s Copper Operations 9 Mining in Zambia Coal Copper Corporate News 

KCM Plans US$317 Million Coal Power Plant to Strengthen Energy Security for Zambia’s Copper Operations

Constance
Konkola Copper Mines to Build 300MW US$317 Million Coal Power Plant to Address Zambia’s Electricity Shortages Konkola Copper Mines (KCM), a subsidiary of Vedanta Resources, has announced plans to develop a US$317 million coal-fired power plant in Zambia as part of efforts to mitigate persistent electricity shortages affecting mining operations across the country. The proposed facility will have a planned generation capacity of 300 megawatts and is expected to be developed in two phases. According to the company, the project is designed to enhance energy reliability for KCM, one of… Read More Here
Essar Group and IRH Seal US$500 Million Energy Trading and Crude Supply Facility for UK Refinery Operations 10 International Corporate News Energy 

Essar Group and IRH Seal US$500 Million Energy Trading and Crude Supply Facility for UK Refinery Operations

Constance
Essar Energy Transition Fuels and IRH Sign US$500 Million Deal to Strengthen Crude Supply Security and Trading Flexibility International Resources Holding (IRH) and the Essar Group have announced the successful execution of a US$500 million crude sourcing and refined products supply facility between Essar Energy Transition Fuels and IRH Global Trading. The agreement is designed to enhance feedstock security and improve trading flexibility for Essar Energy Transition Fuels, while also optimizing its working capital structure. It will allow the company to diversify crude sourcing and product marketing options in response… Read More Here

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