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Celsius Resources Sells Namibia’s Opuwo Copper-Cobalt Project to Chinalco Mining for $15 Million 1 International Cobalt Copper Corporate News New Mining Projects 

Celsius Resources Sells Namibia’s Opuwo Copper-Cobalt Project to Chinalco Mining for $15 Million

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Celsius Resources Divests Opuwo Copper-Cobalt Project to Chinalco Mining in $15 Million Deal Celsius Resources has signed a binding share sale agreement with Chinese state-owned mining group Chinalco Mining for the sale of its 95% interest in the Opuwo copper-cobalt project in Namibia for US$15 million. For the financial year ended June 30, the Opuwo project recorded an operating loss of approximately N$421,738 and was valued at around N$34 million in Celsius Resources’ consolidated financial statements. The divestment will allow Celsius Resources to sharpen its focus on its copper-gold assets… Read More Here
Gemfields Announces CEO Departure Amid Ruby Mine Production and Security Challenges 2 Mining Personality Corporate News Gemstones International 

Gemfields Announces CEO Departure Amid Ruby Mine Production and Security Challenges

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Gemfields CEO Sean Gilbertson Steps Down as Mozambique Ruby Mine Faces Production Challenges Gemfields has announced that Chief Executive Officer Sean Gilbertson will step down from his role and as a director of the company on July 15, 2026, by mutual agreement with the board. Chief Financial Officer David Lovett has been appointed interim CEO while retaining his current responsibilities. Nonexecutive Chairperson Bruce Cleaver will provide additional support to the executive team as the board begins the search for a permanent successor. The company thanked Gilbertson for his leadership and… Read More Here
DRC to Reallocate Unused Cobalt Export Quotas to Strategic National Projects 3 Mining in DRC Battery Metals Cobalt 

DRC to Reallocate Unused Cobalt Export Quotas to Strategic National Projects

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DRC Tightens Cobalt Export Controls, Reclaims Unused Quotas to Boost Local Value Addition The Democratic Republic of Congo (DRC) has announced stricter measures to regulate cobalt exports by reclaiming unused export quotas and reallocating them to strategic national initiatives aimed at increasing local value addition and strengthening state oversight of the country’s critical minerals sector. According to a directive issued by the Authority for the Regulation and Control of Strategic Mineral Substances’ Markets (ARECOMS), all cobalt export quotas allocated for the first half of 2026 that remain unused by June… Read More Here
DRC Partners with ADEX Platform AG to Modernize Diamond and Gemstone Industry 4 Mining in DRC Diamond Gemstones Partnership 

DRC Partners with ADEX Platform AG to Modernize Diamond and Gemstone Industry

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DRC Signs Landmark Diamond Trade Agreement with Switzerland’s ADEX to Boost Transparency and Local Value Addition The Democratic Republic of the Congo (DRC) has taken a significant step toward transforming its diamond and colored gemstone industry with the signing of a strategic framework agreement between the Mining Fund for Future Generations (FOMIN) and Swiss technology company ADEX Platform AG. The agreement, signed on Monday, June 29, 2026, was officiated by Minister of Mines Louis Watum Kabamba. It formalizes a partnership that was approved during the 91st Ordinary Meeting of the… Read More Here
ZCCM-IH Moves to Revive London Listing as Zambia Pushes Mining Sector Reform 5 Mining in Zambia Economy Investment News 

ZCCM-IH Moves to Revive London Listing as Zambia Pushes Mining Sector Reform

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Zambia’s ZCCM-IH Plans London Listing Revival as It Expands Free Float and Upgrades Market Infrastructure Zambia’s state-linked mining investment firm, ZCCM Investments Holdings, is preparing to restore activity on the London Stock Exchange after a prolonged suspension of its secondary listing, marking a renewed push to re-engage international investors. The company’s London presence has been disrupted in recent years due to ongoing delays in financial reporting. Management is now advancing a broader reform programme aimed at stabilising disclosures, strengthening governance systems, and improving investor transparency. A central part of the… Read More Here
DRC Welcomes US Sanctions on Rwandan Entities Over Alleged Illegal Gold Trade 6 Mining in DRC Gold 

DRC Welcomes US Sanctions on Rwandan Entities Over Alleged Illegal Gold Trade

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DRC Welcomes US Sanctions on Rwandan Gold Refinery Over Alleged Illegal Mineral Trade in Eastern Congo The Democratic Republic of Congo (DRC) has welcomed recent sanctions imposed by the United States on Gasabo Gold Refinery in Rwanda, along with several individuals and companies accused of involvement in the illicit trade of gold originating from eastern DRC. The Congolese government spokesperson and Minister of Communication and Media, Patrick Muyaya, said the measures reinforce Kinshasa’s longstanding claims that Rwanda is linked to the illegal exploitation of Congolese mineral resources. He argued that… Read More Here
BHP, Rio Tinto and Caterpillar Progress Battery-Electric Haul Truck Trials at Jimblebar Mine 7 International Corporate News Equipment & Technology Technology & Innovation 

BHP, Rio Tinto and Caterpillar Progress Battery-Electric Haul Truck Trials at Jimblebar Mine

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BHP, Rio Tinto and Caterpillar Advance Battery-Electric Cat 793 XE Haul Truck Trials in Major Mining Decarbonisation Push BHP, Rio Tinto and Caterpillar have reported early progress in their joint trial of two Cat 793 XE Early Learner battery-electric haul trucks at BHP’s Jimblebar iron ore mine in Western Australia. The trucks were initially tested at Caterpillar’s Tucson Proving Ground in the United States, where they completed safety validation and controlled trials before being deployed to Jimblebar. Since arriving on site, they have completed more than 100 hours of operation… Read More Here
KCM Launches New Weighbridge at Nchanga Open Pit to Enhance Operational Efficiency and Safety 8 Mining in Zambia Copper Corporate News Infrastructural Development 

KCM Launches New Weighbridge at Nchanga Open Pit to Enhance Operational Efficiency and Safety

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Konkola Copper Mines Commissions US$135,000 Nchanga Open Pit Weighbridge to Improve Efficiency and Traffic Flow Konkola Copper Mines (KCM) Plc has commissioned a new US$135,000 weighbridge at the Nchanga Open Pit aimed at improving operational efficiency, enhancing traffic flow and supporting the movement of materials within the mine. The commissioning ceremony opened with a safety briefing by Sydney Chikwamo, Safety Manager for Hanhe, who stressed the importance of effective traffic management around the facility. He noted that increased truck movements require stronger safety measures to prevent incidents and ensure smooth… Read More Here
DRC Joins Luxembourg Rail Protocol, Opening Door to Major Rail Investment in Africa 9 Mining in DRC Transport and Logistics 

DRC Joins Luxembourg Rail Protocol, Opening Door to Major Rail Investment in Africa

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DRC Accession to Luxembourg Rail Protocol Set to Unlock Rail Investment and Boost African Trade Corridors The Democratic Republic of Congo (DRC)’s accession to the Luxembourg Rail Protocol is being viewed as a major milestone for Africa’s transport and logistics sector, with the potential to unlock private investment in railway rolling stock and strengthen key regional trade corridors. The Luxembourg Rail Protocol, which entered into force on 8 March 2024, establishes an internationally recognised legal framework that protects the rights of financiers and lessors of railway equipment. By reducing legal… Read More Here
When Good Oils Go Bad 10 Sponsored Content Corporate News International Oil & Gas 

When Good Oils Go Bad

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Part 1 – Oils don’t die, they degrade There are certain things in life that improve with age. Wine and whisky develop deeper, more complex flavours. Bonsai trees mature into highly valued works of art and even acoustic guitars and violins are said to improve in tone as the wood ages and the instrument opens up. Unfortunately, the list of things that don’t improve with time is far longer. Our physical health declines, sometimes along with our sense of humour. Metals corrode, paint fades and, perhaps less romantically but more… Read More Here

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