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DRC Marks Milestone with First 1,000 Tons of Traceable Artisanal Cobalt 21 Mining in DRC Battery Metals Cobalt 

DRC Marks Milestone with First 1,000 Tons of Traceable Artisanal Cobalt

Constance
Traceable artisanal cobalt hits 1,000 tons in DR Congo, setting a benchmark for ethical mining and supply chain trust The Democratic Republic of Congo (DRC) has reached a major milestone in formalizing its cobalt sector, producing its first 1,000 metric tons of traceable artisanal cobalt. This move is seen as a critical step in ensuring a more transparent and ethically sourced supply of the battery metal that powers electric vehicles and energy storage systems worldwide. Congo is home to roughly 72% of global cobalt reserves and supplies more than 74%… Read More Here
Sweden and Zambia Forge Strategic Alliance for Sustainable Mining and Energy 22 Mining in Zambia Events & Expos 

Sweden and Zambia Forge Strategic Alliance for Sustainable Mining and Energy

Constance
A New Era of Green Industrial Growth Rooted in Innovation, Technology, and Shared Values Sweden and Zambia have reaffirmed their commitment to a dynamic partnership focused on sustainable mining, renewable energy, and inclusive industrial development. Anchored in innovation and responsible resource management, this collaboration aims to accelerate green transformation across both nations.  Shared Vision for a Sustainable Future Swedish Ambassador Johan Hallenberg emphasized the enduring relationship between Sweden and Zambia, built on democratic values and mutual respect.  He noted that both countries are rich in natural resources, a common strength… Read More Here
EU and Zambia Sign €200 Million Funding Deal to Accelerate Lobito Corridor Development 23 Mining in Zambia Transport and Logistics 

EU and Zambia Sign €200 Million Funding Deal to Accelerate Lobito Corridor Development

Constance
EU, Zambia Ink €200 Million Global Gateway Agreements to Boost Lobito Corridor, Rail, Energy, and Agriculture Sectors The European Union (EU) and the Government of Zambia have signed ten new funding agreements worth €200 million (approximately 5 billion Kwacha) aimed at promoting a holistic development approach for the Lobito Corridor. The agreements, signed under the EU’s Global Gateway initiative, were witnessed by President Hakainde Hichilema during the EU–Zambia Lobito Corridor Business Forum held in Chongwe today. Boosting Railway Efficiency and Connectivity Among the key agreements is the EU’s contribution of… Read More Here
EU Strengthens Support for Lobito Corridor to Boost Zambia’s Trade and Industrial Growth 24 Mining in Zambia Events & Expos Transport and Logistics 

EU Strengthens Support for Lobito Corridor to Boost Zambia’s Trade and Industrial Growth

Constance
EU, Sweden, Finland, and Czech Republic Back Zambia’s Lobito Corridor to Drive Regional Trade and Economic Transformation The European Union (EU) has reaffirmed its commitment to supporting the Lobito Corridor project, citing its potential to enhance regional connectivity, trade, and economic growth across Southern Africa. Speaking during the official opening of the EU–Zambia Lobito Corridor Business Forum in Chongwe, Swedish Director General for Trade Policy at the Ministry of Foreign Affairs, Camilla Mellander, said the EU views the corridor as a catalyst for regional integration and sustainable development. Ms. Mellander… Read More Here
Barrick Gold Posts Record Q3 2025 Earnings and Cash Flow on Higher Production and Strong Prices 25 Corporate News Gold International 

Barrick Gold Posts Record Q3 2025 Earnings and Cash Flow on Higher Production and Strong Prices

Constance
Barrick Gold Reports Record $2.4 Billion Cash Flow and $1.3 Billion Profit in Q3 2025 as Gold Output Rises Barrick Gold Corporation reported record quarterly cash flow and earnings for the third quarter of 2025, fueled by higher gold production, lower operating costs, and robust commodity prices. The world’s second-largest gold miner said operating cash flow surged 82% from the previous quarter to $2.4 billion, while free cash flow jumped 274% to $1.5 billion. Net earnings climbed to $1.3 billion, or $0.76 per share, with adjusted earnings up 23% to… Read More Here
Zambia Strengthens Ties with European Investment Bank to Accelerate Lobito Corridor Development 26 Mining in Zambia Transport and Logistics 

Zambia Strengthens Ties with European Investment Bank to Accelerate Lobito Corridor Development

Constance
Zambia and EIB Deepen Cooperation to Boost Investment in the Lobito Corridor and Drive Regional Trade Growth Zambia has intensified its engagement with multilateral development partners, as Finance and National Planning Minister Dr. Situmbeko Musokotwane met with European Investment Bank (EIB) Vice President Karl Nehammer ahead of the Zambia–EU Lobito Corridor Business Forum, scheduled for 13–14 November in Lusaka. The high-level bilateral talks focused on unlocking new investment opportunities along the Lobito Corridor, a key regional transport network linking Zambia to the Atlantic Ocean through Angola and the Democratic Republic… Read More Here
Shuka Minerals Receives $300,000 Funding Tranche for Zambia Mine Acquisition 27 Mining in Zambia Corporate News Mergers & Acquisitions News in Brief 

Shuka Minerals Receives $300,000 Funding Tranche for Zambia Mine Acquisition

Constance
Shuka Minerals Secures Initial $300,000 from GMI to Advance Zambia Zinc Mine and Leopard Exploration Deal Shuka Minerals, an AIM-listed mining company, has received an initial $300,000 funding tranche from its financing partner Gathoni Muchai Investments (GMI) as part of an expanded loan facility to support its planned acquisition of Leopard Exploration and Mining and the Kabwe Zinc Mine in Zambia. The payment marks a key step toward completing the acquisition, which had been delayed due to funding holdups from GMI. Under the revised financing arrangement, GMI has confirmed that… Read More Here
Australia’s Regulator Takes Legal Action Against AVZ Minerals for Concealing DRC Lithium Project Dispute 28 Mining in DRC Corporate News Lithium 

Australia’s Regulator Takes Legal Action Against AVZ Minerals for Concealing DRC Lithium Project Dispute

Constance
ASIC Sues AVZ Minerals Over Alleged Failure to Disclose Congo Lithium Dispute Australia’s corporate regulator has filed a lawsuit against AVZ Minerals Ltd. and two of its directors, accusing the company of failing to disclose a major legal dispute with the Democratic Republic of the Congo (DRC) over its stake in one of the world’s largest lithium projects. The Australian Securities and Investments Commission (ASIC) announced on Tuesday that it has initiated civil proceedings against the Perth-based miner, alleging breaches of continuous disclosure obligations and misleading and deceptive conduct related… Read More Here
Mercuria and TechMet Explore Tantalum Mining Venture in DRC Amid US-Brokered Peace Talks 29 Mining in DRC Corporate News 

Mercuria and TechMet Explore Tantalum Mining Venture in DRC Amid US-Brokered Peace Talks

Constance
Mercuria, TechMet Weigh Tantalum Mining Partnership in Eastern Congo as US Seeks Peace and Strategic Minerals Access Mercuria Energy Group Ltd. has held preliminary discussions with TechMet Ltd., a US-backed critical minerals investment company, over a potential partnership to develop one of the world’s richest tantalum deposits in the conflict-torn eastern Democratic Republic of Congo (DRC) — contingent on a US-brokered peace deal. According to people familiar with the matter, the Geneva-based commodities trader and TechMet are considering a joint venture to modernize mining and processing operations near Rubaya, an… Read More Here

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