DRC's First Female Prime Minister Takes Office - Updated 1 Mining in DRC Governance 

DRC’s First Female Prime Minister Takes Office – Updated

President Felix Tshisekedi of the Democratic Republic of Congo made history on Monday April 1st, by appointing the nation’s first-ever female prime minister, Judith Suminwa, to the role. This landmark appointment follows weeks of uncertainty, initiated by Tshisekedi’s inauguration for a second term in January. The process entailed a lengthy search for a majority coalition in the National Assembly, a prerequisite for naming a prime minister and forming a government. Expressing her gratitude and acknowledging the weight of her new role, Suminwa stated on national television, “I am aware of… Read More Here
Chile’s mining production up 7.7% in February 2 International Copper Lithium 

Chile’s mining production up 7.7% in February

Chile’s mining production is starting to turn the corner after months of a sustained output slump, with the country’s total output up 7.7% in February from the same month last year. The country’s top commodities, copper and lithium, were behind the overall production increase, according to data published by the National Institute of Statistics (INE). Metal extraction grew by 5.5% on the back of rising copper output, which grew 9.95% to 420,242 tonnes. The country accounts for almost a quarter of the world’s copper supply, equivalent to about 5.2 million… Read More Here
Zimbabwean Geologist Discovers World's Largest Gold Resource Worth Billions 3 Gold International 

Zimbabwean Geologist Discovers World’s Largest Gold Resource Worth Billions

PhD recipient Dr Steve Chingwaru’s groundbreaking research in geomatallurgy is turning heads. At just 26, he’s uncovered potentially the world’s largest invisible gold resource, valued at R450 billion. Obtaining a PhD at 26 is already a massive achievement, but what makes Chingwaru’s graduation from Stellenbosch University (SU) even more remarkable is his groundbreaking geometallurgy research that has garnered interest from mining companies around the globe. Chingwaru has uncovered what is potentially the world’s largest invisible gold resource. Originally from Zimbabwe and growing up in Johannesburg with his aunt, the gifted… Read More Here
Cobre Ltd Initiates Comprehensive Scoping Study for Ngami Copper Project 4 International Copper 

Cobre Ltd Initiates Comprehensive Scoping Study for Ngami Copper Project

Cobre Ltd (ASX:CBE) has engaged the services of METS Engineering Group, a metallurgical and processing advisory firm, to conduct a thorough process design scoping study for the Ngami Copper Project in Botswana. METS will assess the potential application of In-Situ Copper Recovery (ISCR) and other extraction methods to beneficiate the copper-silver mineralization at Ngami. The project holds a conceptual exploration target ranging from 103 to 166 million tonnes with copper grades between 0.38% and 0.46%. The study aims to provide insights into the most economically viable extraction method. Key findings… Read More Here
Senegal President Faye Appoints Ally Sonko as Prime Minister 5 International Governance 

Senegal President Faye Appoints Ally Sonko as Prime Minister

Senegal’s political landscape witnessed a significant shift as newly inaugurated President Bassirou Diomaye Faye wasted no time in making his mark. In his inaugural act, President Faye appointed firebrand politician and key supporter Ousmane Sonko as prime minister. Sonko, known for his outspokenness and popularity among the youth, has been a vocal critic of former President Macky Sall. Despite being barred from the recent presidential election due to a defamation conviction, Sonko maintains his innocence. Throughout the campaign, he rallied support under the banner “Diomaye is Sonko,” urging voters to… Read More Here
Zambia's Minister of Mines Declares Glencore's Exit from Mopani Copper Mines 6 Mining in Zambia Copper Economy 

Zambia’s Minister of Mines Declares Glencore’s Exit from Mopani Copper Mines

The Minister of Mines and Mineral Development, Paul Kabuswe, has announced a significant development in the operations of Mopani Copper Mines (MCM). According to Mr. Kabuswe, Glencore, the Swiss mining and commodity trading giant, has completely disengaged from Mopani following the resolution of a substantial debt issue by International Resources Holdings (IRH). Initially, Glencore was owed a substantial sum amounting to US$1.7 billion. However, through negotiations with the government, this debt was successfully reduced to US$400 million. This negotiation paved the way for Glencore to sever its ties with Mopani,… Read More Here
Electra and Eurasian Resources Group Sign Cobalt Supply Agreement 7 International Battery Metals Cobalt Lithium Press Release 

Electra and Eurasian Resources Group Sign Cobalt Supply Agreement

Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra”, “Company”) and Eurasian Resources Group (“ERG”, “The Group”), a leading diversified natural resources group headquartered in Luxembourg, announced today that they have signed a binding letter of intent for the long-term supply of ERG’s cobalt hydroxide to North America’s first battery grade cobalt sulfate refinery. This transaction supports efforts to onshore the battery supply chain and reduce reliance on foreign refiners. .Starting from 2026, under the three-year supply agreement, ERG will deliver 3,000 tonnes per annum of IRA-compliant cobalt to Electra’s… Read More Here
Transformative Changes at Port of Lobito Result in 60% Reduction in Expenses 26 International Transport and Logistics 

Transformative Changes at Port of Lobito Result in 60% Reduction in Expenses

Celso Rosas, President of the Board of Administration at the Port of Lobito, announced yesterday that the port has successfully reduced costs related to salaries, health services, food provisions, training, and other expenditures by 60%. This achievement follows the transfer of 850 workers to assets now under the concession of Lobito Atlantic Railways and Africa Global Logistics. Speaking at a staff meeting commemorating the 96th anniversary of the Port of Lobito, Rosas highlighted the significant financial impact of transferring employees to concessioned assets. With reduced personnel costs, the port can… Read More Here
Fuel Smuggling Attempt Thwarted in Cabinda Province 27 Petroleum Mining in DRC Oil & Gas 

Fuel Smuggling Attempt Thwarted in Cabinda Province

Approximately 7,500 liters of fuel were confiscated last Saturday in Cabinda province by members of the first Border Guard Police Unit, suspected of being smuggled into the Democratic Republic of Congo (DRC). According to a press release from the Institutional Communication and Press Department of the Ministry of the Interior (MININT), the fuel seizure took place at the Tendequele Village Border Post during routine patrols near the land border with the DRC. The fuel, comprising diesel and gasoline, was discovered packed in 300 drums of 25 liters each inside a… Read More Here

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