Breaking News
DRC Engages Polish Investors to Boost Local Mining Equipment Manufacturing 1 Mining in DRC Equipment & Technology 

DRC Engages Polish Investors to Boost Local Mining Equipment Manufacturing

Constance
DRC Courts Polish Investment to Build Mining Equipment Industry and Drive Industrialization Louis Watum Kabamba met with a delegation of Polish investors in Kinshasa on April 29, 2026, signaling a push to attract higher-value industrial investments into the country’s mining sector. The delegation was led by Dawid Kostempski and included Marie-Claire Kengo, who heads the Network of Friendship and Cooperation between the Democratic Republic of the Congo and Poland. Industrial Ambitions in the Mining Sector The Polish investors outlined plans to establish a local manufacturing facility for machinery used in… Read More Here
DRC Mining Week 2026 to Spotlight Sector Reforms and Investment Opportunities 2 Mining in DRC Events & Expos 

DRC Mining Week 2026 to Spotlight Sector Reforms and Investment Opportunities

Constance
DRC Mining Week 2026: Mines Minister Louis Watum Kabamba to Drive Investment and Sector Transformation Agenda Louis Watum Kabamba is set to participate in DRC Mining Week 2026, scheduled for June 17–19, 2026, at the Pullman Grand Karavia in Lubumbashi. His participation reflects the continued collaboration between the Democratic Republic of the Congo government and one of Africa’s leading mining industry events. In a statement released by the organizers, the minister emphasized that the forum aligns with the government’s economic development priorities, particularly efforts to unlock and expand the country’s… Read More Here
Glencore Reports Strong Copper Output Growth as Marketing Division Eyes Top-End Earnings 3 Corporate News Copper 

Glencore Reports Strong Copper Output Growth as Marketing Division Eyes Top-End Earnings

Constance
Glencore Q1 Copper Production Jumps 19% on African Output Gains, Marketing Unit Set to Beat Earnings Guidance Glencore reported a 19% increase in copper production for the first quarter, supported by improved ore grades at its African operations and higher output from its Antamina mine in Peru. The Swiss-based commodities trader and mining group produced 199,600 tonnes of copper during the quarter, up from 167,900 tonnes in the same period last year. While copper production strengthened, cobalt output declined sharply by 39%. The company attributed this drop to a strategic… Read More Here
Alphamin Resources Posts Record $158M EBITDA on Surging Tin Prices and Stable DRC Operations 4 Mining in DRC Corporate News Tin 

Alphamin Resources Posts Record $158M EBITDA on Surging Tin Prices and Stable DRC Operations

Constance
Alphamin Resources Reports Record Q1 2026 Earnings as Tin Prices Jump 30% and Production Holds Steady in DRC Tin producer Alphamin Resources, which operates assets in the Democratic Republic of Congo (DRC), has reported record earnings before interest, taxes, depreciation, and amortisation (EBITDA) of $158 million for the three months ended March 31, the first quarter of its 2026 financial year. This represents a 46% increase quarter-on-quarter, driven primarily by a sharp rise in tin prices. The average tin price climbed 30% over the period, increasing from $37,995 per tonne… Read More Here
Shuka Minerals Begins First Kabwe Drilling in Decades to Boost Zinc Resource 5 Mining in Zambia Corporate News Drilling New Mining Projects Zinc 

Shuka Minerals Begins First Kabwe Drilling in Decades to Boost Zinc Resource

Constance
Shuka Minerals Begins Phase 1 Drilling at Kabwe Zinc Mine with Ox Drilling to Target 50% Resource Expansion Dual-listed Shuka Minerals (AIM and JSE) has appointed Ox Drilling as the contractor for its Phase 1 drilling programme at the Kabwe zinc mine in Zambia. The project is operated through Shuka’s local subsidiary, Leopard Exploration and Mining. The drilling campaign is scheduled to begin in mid-May and will be supported by geological consultancy GeoQuest. Phase 1 Drilling Programme The initial phase comprises a 2,000-metre diamond drilling programme using PQ and HQ… Read More Here
DRC Mineral Export Prices Rise Sharply as Key Metals Gain on Global Markets 6 Mining in DRC Cobalt Copper Economy Gold Tin 

DRC Mineral Export Prices Rise Sharply as Key Metals Gain on Global Markets

Constance
DRC Mineral Prices Show Upward Trend: Gold, Copper, Tin and Germanium Rise While Cobalt Holds Steady Market data for mineral products exported from the Democratic Republic of Congo (DRC) for the period April 27 to May 2, 2026 shows an overall upward trend on international markets, driven by gains in several strategic metals. Precious and industrial metals recorded notable increases. Gold rose from $153.87 to $155.28 per gram, while copper increased from $12,836.10 to $13,177.50 per ton. Aluminum ingots also posted gains, climbing from $1,690.63 to $1,718.98 per ton. Other… Read More Here
US Embassy Denies Funding Mine Security Unit in DRC Amid Conflicting Statements 7 Mining in DRC Regional conflict 

US Embassy Denies Funding Mine Security Unit in DRC Amid Conflicting Statements

Constance
US Embassy in Kinshasa Rejects Claims of Funding $100M Mine Patrol Unit in DR Congo as Mining Authority Clarifies Financing Plans In a statement released on Tuesday, April 28, 2026, the United States Embassy in Kinshasa denied reports that it is currently funding a mine patrol or security unit in the Democratic Republic of Congo (DRC). The clarification comes after an announcement earlier in the week by the General Inspectorate of Mines (IGM), which stated that mine security agents would be deployed in the coming days to mining sites across… Read More Here
KoBold Metals Launches Construction of Zambia’s Largest Copper Mine 8 Mining in Zambia Copper Investment News New Mining Projects 

KoBold Metals Launches Construction of Zambia’s Largest Copper Mine

Constance
KoBold Metals Breaks Ground on $2.3 Billion Mingomba Copper Mine in Zambia, Boosting Output Ambitions KoBold Metals, a U.S.-based exploration company backed by investors including Bill Gates and Sam Altman, has officially begun construction of the Mingomba copper mine in Zambia, marking one of the largest mining investments in the country’s history. The project, valued at more than $2.3 billion, is expected to become Zambia’s largest copper mine. Once fully operational, Mingomba is projected to produce over 300,000 tonnes of copper per year, placing it among the top producers on… Read More Here
Vedanta Profits Surge on Strong Metal Prices Ahead of Business Demerger 9 International Corporate News 

Vedanta Profits Surge on Strong Metal Prices Ahead of Business Demerger

Constance
Vedanta Q1 Profit Jumps 92% as Metal Prices Rally, Margins Expand Before Major Demerger Vedanta Limited reported a sharp 92.3% increase in quarterly profit, driven by stronger base metal prices that significantly boosted margins across its core businesses. The Mumbai-based conglomerate posted a consolidated net profit of 66.98 billion rupees (approximately $706.3 million) for the quarter ended March, up from 34.83 billion rupees in the same period last year. Operating profit margins also improved markedly, rising to 32% from 21% a year earlier. The performance was underpinned by a rally… Read More Here
First Quantum Reports Wider Q1 Loss Despite Higher Copper Output Forecast 10 Corporate News Copper 

First Quantum Reports Wider Q1 Loss Despite Higher Copper Output Forecast

Constance
First Quantum Q1 2026 Loss Widens on Rising Costs and Lower Output, but Copper Production Outlook Raised First Quantum Minerals reported a significantly wider loss for the first quarter of 2026, as increased operating costs and weaker copper production weighed on financial performance, despite an improved full-year output forecast. The company posted a net loss attributable to shareholders of $196 million, compared with a $23 million loss in the same period last year. Adjusted loss for the quarter came in at $147 million, or $0.18 per share. Operational challenges were… Read More Here

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