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Illegal Mining Pressure Intensifies in DRC as ERG Reports Major Losses and Security Failures 1 Mining in DRC Cobalt Copper 

Illegal Mining Pressure Intensifies in DRC as ERG Reports Major Losses and Security Failures

Constance
ERG accuses organized illegal mining networks of costing up to $2bn annually in DRC copper and cobalt concessions Pressure is escalating across mining concessions in southeastern Democratic Republic of Congo (DRC), where Eurasian Resources Group (ERG) alleges that large-scale illegal mining networks are operating across several of its copper and cobalt sites in Lualaba and Haut-Katanga provinces. According to an internal report cited by industry sources, ERG’s subsidiaries including Comide, Swanmines, and Boss Mining estimate annual losses approaching $2 billion due to repeated incursions by artisanal and semi-organised miners into… Read More Here
Zambia approves limited sulphuric acid exports to DRC as copper smelters resume shipments 2 Mining in Zambia Copper 

Zambia approves limited sulphuric acid exports to DRC as copper smelters resume shipments

Constance
Zambia Eases Sulphuric Acid Export Ban as Copperbelt Supply Conditions Improve Zambia has approved the resumption of limited sulphuric acid exports to the Democratic Republic of Congo (DRC) after easing restrictions introduced earlier this year, according to the country’s trade minister. The decision allows two major copper producers Chambishi Copper Smelter and Mopani Copper Mines to restart shipments of the key industrial chemical used in copper and cobalt processing. Zambia, Africa’s second-largest copper producer, generates around 2 million metric tons of sulphuric acid annually as a byproduct of smelting operations.… Read More Here
EGC, EVelution Energy and Trafigura Sign MoU to Secure Congolese Cobalt Supply Chain to the US 3 Mining in DRC Battery Metals Cobalt Corporate News 

EGC, EVelution Energy and Trafigura Sign MoU to Secure Congolese Cobalt Supply Chain to the US

Constance
Trafigura, EGC and EVelution Energy agree cobalt supply deal to boost US battery and defense material supply chain Entreprise Générale du Cobalt (EGC), EVelution Energy, and commodity trader Trafigura have signed a memorandum of understanding (MoU) to establish a long-term supply framework for Congolese cobalt hydroxide exports to the United States. Under the proposed arrangement, and subject to definitive agreements, the partnership is expected to support EVelution Energy in supplying up to around 40% of projected US cobalt demand, according to Trafigura. The cobalt hydroxide would be sourced by EGC… Read More Here
Rio Tinto Appoints BP Executive Trudi Charles as Chief Legal, Governance and Corporate Affairs Officer 4 International Corporate News Mining Personality 

Rio Tinto Appoints BP Executive Trudi Charles as Chief Legal, Governance and Corporate Affairs Officer

Constance
Rio Tinto names Trudi Charles from BP as new chief legal officer to strengthen governance and corporate affairs leadership Diversified mining group Rio Tinto has appointed Trudi Charles as its new Chief Legal, Governance and Corporate Affairs Officer, succeeding Isabelle Deschamps. The appointment will take effect on August 1. Charles joins Rio Tinto from energy major BP, where she currently serves as Deputy General Counsel and Senior Vice President for Legal, Supply, Trading and Shipping. She has spent more than two decades at BP, holding a range of senior legal… Read More Here
Ghana Mining Industry Warns Lease Uncertainty Could Undermine Investment and Production Stability 5 International 

Ghana Mining Industry Warns Lease Uncertainty Could Undermine Investment and Production Stability

Constance
Ghana mining sector faces investor confidence risks over lease revocations and delayed renewals, industry warns Ghana’s mining investment environment is facing growing risks from lease revocations, delayed renewals, and broader policy uncertainty, which could increase operational costs and weaken investor confidence, according to the head of the country’s mining industry association. Kenneth Ashigbey, Chief Executive Officer of the Ghana Chamber of Mines, told Reuters that recent regulatory developments are raising concerns about the security of mining tenure in the country. He pointed to the revocation of certain mining leases held… Read More Here
Chile Appoints New Codelco Chairman as Govt Orders Audit Into Production and Financial Irregularities 6 International Corporate News Mining Personality 

Chile Appoints New Codelco Chairman as Govt Orders Audit Into Production and Financial Irregularities

Constance
Chile replaces Codelco chairman and launches audit amid copper production and financial concerns at world’s largest copper producer Chile’s government has appointed Bernardo Fontaine to replace Máximo Pacheco as chairman of Codelco, the world’s largest copper producer, marking a significant leadership change as the administration of newly inaugurated President José Antonio Kast intensifies scrutiny of the company’s debt levels, cost overruns, and production performance. Fontaine, an economist and corporate executive, will assume the role on May 26, coinciding with the end of Pacheco’s four-year term. The government also appointed Luz… Read More Here
ZCCM-IH Targets Larger Stakes in Zambia’s Mining Assets Under Commercial Expansion Strategy 7 Mining in Zambia Economy Investment News 

ZCCM-IH Targets Larger Stakes in Zambia’s Mining Assets Under Commercial Expansion Strategy

Constance
ZCCM-IH to increase minority stakes in Zambia copper mines under commercial terms as it expands royalty-based revenue model Zambia’s state-owned investment company ZCCM Investments Holdings (ZCCM-IH) plans to increase its minority stakes in selected mining assets, with any adjustments to be made strictly on commercial terms rather than through compulsory or forced divestments, according to Chief Executive Officer Kakenenwa Muyangwa. The move reflects a broader trend across African resource-rich economies seeking to secure a greater share of revenues from their mineral wealth, particularly as global demand for critical minerals accelerates… Read More Here
Shuka Minerals Launches Phase 1 Drilling at Kabwe No.2 Orebody to Assess Zinc and Critical Mineral Potential 8 Mining in Zambia Corporate News Drilling New Mining Projects 

Shuka Minerals Launches Phase 1 Drilling at Kabwe No.2 Orebody to Assess Zinc and Critical Mineral Potential

Constance
Shuka Minerals Begins Drilling at Kabwe Zinc Mine in Zambia to Test Depth Extension and Critical Minerals Shuka Minerals has commenced its Phase 1 diamond drilling programme at the No. 2 orebody of its Kabwe zinc mine in Zambia, marking a key step in assessing the deposit’s depth potential and additional mineral value. The No. 2 orebody is currently open at depth, indicating that mineralisation continues beyond previously mined levels. The initial diamond drill hole will be inclined at 65 degrees and is designed to intersect the orebody beneath existing… Read More Here
Kagem Mining Boosts Zambia’s Gemstone Skills with Lapidary Equipment Donation in Ndola 9 Mining in Zambia Corporate News Corporate social responsibility Gemstones 

Kagem Mining Boosts Zambia’s Gemstone Skills with Lapidary Equipment Donation in Ndola

Constance
Kagem Mining Donates Cutting and Polishing Equipment to GPLTC Ndola to Strengthen Zambia’s Gemstone Value Addition Skills Kagem Mining, a subsidiary of Johannesburg- and London-listed Gemfields, has donated gemstone cutting and polishing equipment to the Gemstone Processing and Lapidary Training Centre (GPLTC) in Ndola, Zambia. The initiative is aimed at strengthening skills development and supporting value addition within Zambia’s growing gemstone industry. The donation includes six cutting and polishing machines, one sawing machine, two calibrating machines, as well as a range of accessories and consumables used in lapidary operations. Skills… Read More Here
DRC Inkisi Hydropower Project Targets 250 MW Output as SNEL Plans Grid Expansion and Private Investment 10 Mining in DRC Hydro power plant 

DRC Inkisi Hydropower Project Targets 250 MW Output as SNEL Plans Grid Expansion and Private Investment

Constance
SNEL Advances 250 MW Inkisi Hydropower Project as DRC Focuses on Expanding Electricity Supply Capacity The National Electricity Company of the Democratic Republic of the Congo (SNEL) has announced plans to relaunch the Inkisi hydropower project, with a projected generation capacity of up to 250 megawatts and an estimated construction timeline of 36 months. The update was presented on May 8, 2026, at the National Assembly in the Democratic Republic of the Congo by SNEL Director-General Teddy Lwamba Muba. The presentation outlined a strategy centred on upgrading electricity infrastructure, securing… Read More Here

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