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President Hichilema Strengthens Zambia-Japan Ties to Boost Investment 1 Mining in Zambia Economy 

President Hichilema Strengthens Zambia-Japan Ties to Boost Investment

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President Hakainde Hichilema has concluded a successful working visit to Japan, aimed at attracting investment to drive economic growth and improve the lives of Zambians. The visit featured a high-level meeting with Japanese Prime Minister Shigeru Ishiba and a business forum showcasing Zambia’s investment potential. During discussions with Prime Minister Ishiba, President Hichilema reaffirmed Zambia’s strong diplomatic ties with Japan and emphasized the shared commitment to expanding trade and investment. Both leaders pledged to build on existing agreements, including the policy dialogue mechanism and the investment promotion and protection agreement.… Read More Here
DRC Gold Trading Aims for 16 Tonnes of Gold in 2025 2 Mining in DRC Economy Gold 

DRC Gold Trading Aims for 16 Tonnes of Gold in 2025

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DRC Gold Trading, formerly known as Primera Gold, has set an ambitious target of purchasing 16 tonnes of gold in 2025, with a long-term goal of generating $12 billion for the Democratic Republic of Congo (DRC) over the next five years. The company’s CEO, Joseph Kazibaziba, made this announcement during a press interview over the weekend, highlighting the company’s rapid growth and commitment to formalizing the country’s gold trade. “We are confident that we can exceed 16 tonnes this year, and within five years, we aim to capture more than… Read More Here
Coltan ore1 Mining in DRC 

DRC Urges EU to Halt Cooperation with Rwanda Over Illegal Mineral Exports

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The Congolese Minister of Foreign Affairs, Thérèse Kayikwamba, has called on the European Union (EU) to immediately suspend all cooperation with Rwanda, particularly concerning the trade of strategic minerals like coltan, which Rwanda allegedly exports illegally to EU member states. She made this appeal during an extraordinary session of the Africa-European Union Parliamentary Assembly in Brussels on February 5, 2025. According to Minister Kayikwamba, such action is necessary to prevent the EU from being complicit in the ongoing instability in the eastern Democratic Republic of Congo (DRC), particularly in North… Read More Here
DRC Tin Exports Reach $409 Million in First Nine Months of 2024 3 Mining in DRC Economy Tin 

DRC Tin Exports Reach $409 Million in First Nine Months of 2024

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Between January and September 2024, the Democratic Republic of Congo (DRC) generated $409 million from tin concentrate exports, according to a report from the Technical Unit for Coordination and Mining Planning (CTCPM), under the Ministry of Mines. In the third quarter of 2024, industrial mining dominated tin concentrate exports, accounting for 65% of total shipments and generating approximately $178.4 million. This reflects strong international demand for tin. Artisanal tin concentrate exports during this period originated primarily from Haut-Lomami (48%), followed by Maniema (26%), South Kivu (17%), Tanganyika (6%), and North… Read More Here
Barrick Gold Highlights African Investments at 2025 Mining Indaba 4 Corporate News Events & Expos Gold 

Barrick Gold Highlights African Investments at 2025 Mining Indaba

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At the 31st edition of the Investing in African Mining Indaba, Barrick Gold, one of Africa’s top gold producers, made significant contributions. The event, held in South Africa and concluding on Thursday, February 6, 2025, saw Barrick Gold’s CEO, Mark Bristow, presenting the company’s various investments in Africa and worldwide. The 2025 edition of the conference, themed “Preparing the Future of Mining in Africa, Starting Today,” spotlighted Barrick Gold’s strong presence across the continent. The company operates five gold mines in Africa, including Tongon in Ivory Coast, Loulo-Gounkoto in Mali,… Read More Here
Zambia Emphasizes Copper Production Growth to 3 Million Tonnes by 2032 At Mining Indaba 5 Mining in Zambia Copper Economy Events & Expos 

Zambia Emphasizes Copper Production Growth to 3 Million Tonnes by 2032 At Mining Indaba

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Zambia made a commanding statement at the 2025 Mining Indaba, drawing global attention with a packed Country Showcase that underscored its rising influence in the mining sector. As Africa’s second-largest copper producer and an emerging hub for critical minerals like cobalt and lithium, Zambia positioned itself as a premier investment destination, backed by stable policies and ambitious production targets. The Zambian government laid out an aggressive plan to ramp up copper output to 3 million tonnes per year by 2032. Finance Minister Dr. Situmbeko Musokotwane emphasized the nation’s commitment to… Read More Here
Barrick Gold’s Reserves Surge as Reko Diq and Lumwana Expansion Drive Growth 6 Corporate News Gold New Mining Projects 

Barrick Gold’s Reserves Surge as Reko Diq and Lumwana Expansion Drive Growth

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Barrick Gold (TSX: ABX, NYSE: GOLD) reported a 23% increase in global gold reserves in 2024, following a reassessment of Pakistan’s massive Reko Diq copper-gold project. The company’s attributable proven and probable gold reserves rose by 17.4 million ounces before depletion, reaching 89 million ounces at a grade of 0.99 grams per tonne, up from 77 million ounces at 1.65 grams per tonne in the previous year. Despite rising gold prices, Barrick’s stock has underperformed due to operational and regulatory challenges in countries like Mali, Papua New Guinea, and the… Read More Here
CCID Urges UN to Ensure Transparency in Rwanda’s Mineral Trade and Calls for Ceasefire in DRC 7 Mining in DRC Regional conflict 

CCID Urges UN to Ensure Transparency in Rwanda’s Mineral Trade and Calls for Ceasefire in DRC

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The International Chamber of Commerce and Development (CCID) has urged the United Nations to enhance transparency in the transfer of raw materials from Rwanda. Speaking at the 37th special session of the Human Rights Council in Geneva on February 7, 2025, CCID emphasized the need for greater oversight to prevent crimes associated with mineral exploitation in the region. The organization stressed that improving transparency would facilitate legal action against those responsible for resource looting and related human rights violations. “A concerted effort is needed to regulate the transfer of raw… Read More Here
Jubilee Metals Boosts Copper Production in Zambia with High-Grade Feed at Roan 8 Mining in Zambia Copper Corporate News New Mining Projects 

Jubilee Metals Boosts Copper Production in Zambia with High-Grade Feed at Roan

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London- and Johannesburg-listed Jubilee Metals has restarted its Roan operations in Zambia following stable power restoration. The company is also accelerating copper production by prioritizing the processing of newly secured high-grade copper feed. In response to power outages that disrupted operations in December and January, Jubilee implemented a new power agreement on January 20. With production stability restored, the company has shifted its focus to maximizing output and operational efficiency. Jubilee is prioritizing high-grade copper feed while reviewing options to trade surplus lower-grade stock that does not align with short-… Read More Here
Barrick International Gold New Mining Projects 

Barrick Gold’s Reserves Surge 23%, Boosted by Reko Diq Project

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Barrick Gold Corporation’s proven and probable gold reserves increased by 23% to 17.4 million ounces by the end of 2024, driven by the addition of its Reko Diq copper-gold project, the company announced on Thursday. Following the completion of its feasibility study at Reko Diq, Barrick added 13 million ounces of gold to its probable reserves on an attributable basis. The company holds a 50% stake in the project, while the governments of Pakistan and Balochistan own the remaining share. Barrick considers Reko Diq one of the world’s largest undeveloped… Read More Here

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