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DRC Mines Minister Highlights Investment Opportunities and Challenges in the Sector 21 Mining in DRC 

DRC Mines Minister Highlights Investment Opportunities and Challenges in the Sector

Constance
DRC Mines Minister Louis Watum Kabamba Defends Investment Climate Amid Criticism, Highlights $45 Billion in Mining Investments While the Democratic Republic of Congo (DRC) possesses some of the world’s richest soil and mineral resources, its mining sector has long faced criticisms over governance, transparency in revenue management, contract publication, and revenue distribution. Some observers have even labeled the sector a “Wild West” due to perceived lawlessness and weak oversight. However, Minister of Mines Louis Watum Kabamba offers a contrasting perspective, emphasizing that the DRC has successfully attracted significant investment and… Read More Here
Molefe Copper Mine in Zambia Set for Expansion Through Jubilee-Galileo Partnership 22 Mining in Zambia Copper Corporate News New Mining Projects 

Molefe Copper Mine in Zambia Set for Expansion Through Jubilee-Galileo Partnership

Constance
Jubilee Metals and Galileo Resources Form Strategic Alliance to Accelerate Molefe Copper Mine Development in Zambia Johannesburg- and London-listed Jubilee Metals Group has signed a cooperation and project development agreement with Galileo Resources to fast-track exploration and development at the Molefe copper mine in Zambia. Under the deal, Galileo can earn up to a 23.75% interest in the project by investing $700,000 in resource development work. The agreement leverages Jubilee’s operational and processing expertise in Zambia alongside Galileo’s exploration and geological capabilities, allowing each company to focus on core workstreams,… Read More Here
Zambia Details Strategic Economic Recovery and Governance Reforms 23 Mining in Zambia Economy 

Zambia Details Strategic Economic Recovery and Governance Reforms

Constance
Zambia Restores Investor Confidence with Fiscal Discipline and Sovereign Credit Upgrades Zambia’s Minister of Finance and National Planning, Dr. Situmbeko Musokotwane, has detailed the country’s economic recovery trajectory, highlighting how years of fiscal instability, governance challenges, and unsustainable borrowing have been addressed to restore national credibility and investor confidence. In a national statement, Dr. Musokotwane emphasized that recent sovereign credit rating upgrades by S&P Global Ratings and Fitch Ratings were the result of deep institutional reforms, not temporary economic improvements. He noted that Zambia is emerging from a period of… Read More Here
Zambia Accelerates Energy Projects to Boost Electricity Supply and Reduce Load Shedding 24 Mining in Zambia Electricity 

Zambia Accelerates Energy Projects to Boost Electricity Supply and Reduce Load Shedding

Constance
Zambia Advances 2,857MW Energy Pipeline to Strengthen Power Supply and Stability The Ministry of Energy has announced major progress in Zambia’s energy generation projects, reaffirming the government’s commitment to stabilizing electricity supply and reducing the impacts of load shedding. In a statement released on 30th November 2025, Minister of Energy Makozo Chikote highlighted the acceleration of a diverse portfolio of projects, including green city initiatives, rooftop solar installations, utility-scale renewable plants, and thermal (coal) energy developments. Completed Projects: 347MW of New Capacity The Ministry reports that 347MW of new generation… Read More Here
DRC Engages Japanese Delegation on Strategic Copperbelt Mineral Supply Chain Initiative 25 Mining in DRC Cobalt Copper 

DRC Engages Japanese Delegation on Strategic Copperbelt Mineral Supply Chain Initiative

Constance
Japan Presents Master Plan to Strengthen DRC Copperbelt Mineral Supply Chain On Friday, November 28, 2025, the Government of the Democratic Republic of Congo (DRC) hosted a delegation of Japanese companies in Kinshasa to present a Master Plan aimed at structuring and securing the supply chain of critical minerals in the Copperbelt region, a key area spanning the DRC and Zambia. The Japanese initiative reflects a global push to diversify sources of minerals essential for the energy transition, particularly cobalt, copper, and germanium. Japan’s engagement signals a strategic move to… Read More Here
Zambia Greenlights $1.1 Billion Crude Oil Refinery in Strategic Industrial Partnership 26 Mining in Zambia Oil & Gas 

Zambia Greenlights $1.1 Billion Crude Oil Refinery in Strategic Industrial Partnership

Constance
Zambia Issues $1.1 Billion License for Major Crude Oil Refinery to Boost Energy Security and Jobs In a landmark move for Zambia’s industrial and economic growth, the Zambia Development Agency (ZDA) has granted an investment license to China Zambia Petrochemical Corporation (CZPC) for a $1.1 billion crude oil refinery project. The venture is a strategic collaboration between Zambia’s state-owned Industrial Development Corporation (IDC) and China’s Fujian Xiang Xin Corporation. The license handover underscores the government’s commitment to enhancing national industrial capacity and energy security. The planned refinery, with a capacity… Read More Here
Cabinet Approves Presidential Constituency Energy Initiative to Boost Solar Power Across Zambia 27 Mining in Zambia Energy 

Cabinet Approves Presidential Constituency Energy Initiative to Boost Solar Power Across Zambia

Constance
Zambia Launches Presidential Constituency Solar Programme to Generate 312 MW Nationwide The Zambian Cabinet has approved the creation of the Presidential Constituency Energy Initiative and Programme, a landmark project designed to develop 2 MW solar farms in each of the country’s 156 constituencies, resulting in a total installed capacity of 312 MW. According to Chief Government Spokesperson Cornelius Mweetwa, the small-scale solar farms will leverage existing power substations, connection points, and suitable local sites for rapid deployment, ensuring efficient implementation across all constituencies. Funding and Implementation Strategy The initiative will… Read More Here
Kasai-Central Launches New Effort to Strengthen Artisanal Mining and Boost Provincial Development 28 Mining in DRC Artisanal mining 

Kasai-Central Launches New Effort to Strengthen Artisanal Mining and Boost Provincial Development

Constance
Kasai-Central Takes Major Step to Revitalize Artisanal Mining Under New SAEMAPE Initiative The mining sector in Kasai-Central is preparing for a significant transformation. During a working visit to Kananga, the Director General of the Service for Assistance and Support of Artisanal and Small-Scale Mining (SAEMAPE), Jean-Paul Kapongo Kadiobo, unveiled a new initiative aimed at revitalizing artisanal mining and enhancing its contribution to provincial development. On Thursday, November 27, 2025, the governorate’s communications unit reported that Director General Kapongo was welcomed at the provincial administrative building by Governor Joseph-Moïse Kambulu Nkonko.… Read More Here
FQM Reaffirms Commitment to Zambian Suppliers as Local Content SI 68 Takes Effect 29 Mining in Zambia Copper Corporate News 

FQM Reaffirms Commitment to Zambian Suppliers as Local Content SI 68 Takes Effect

Constance
FQM Deepens Support for Zambian Suppliers as Local Content SI 68 Ushers in New Opportunities First Quantum Minerals (FQM) has reiterated its commitment to expanding opportunities for Zambian businesses through Local Content Statutory Instrument No. 68 (SI 68) — a policy aimed at increasing local participation in the mining supply chain. Speaking during the Mine Suppliers & Contractors Day in Kitwe, FQM executives emphasized that the company has long been investing in local procurement and supplier development, even before SI 68 came into force. Through structured capacity-building programs and expanded… Read More Here
Copper Prices Set for Sharp Rise as Global Energy Transition Accelerates 30 International Copper 

Copper Prices Set for Sharp Rise as Global Energy Transition Accelerates

Constance
UBS Predicts Copper at $13,000/Ton by 2026 Amid Supply Disruptions and Soaring Green Energy Demand According to new projections from UBS, copper prices could surge to $13,000 per ton by December 2026, driven by a dual shock: persistent disruptions in global mining operations and an unprecedented rise in demand fueled by the worldwide energy transition. A chart published by Mining Visuals shows a steady upward trend: $11,500 in March 2026, $12,000 in June, $12,500 in September, and a peak of $13,000 by year’s end. This continuous rise reflects growing pressure… Read More Here

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