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IMF Approves $348.5 Million Financing Package for the DRC 1 Mining in DRC Economy Investment News 

IMF Approves $348.5 Million Financing Package for the DRC

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IMF Unlocks $348.5 Million Funding for DR Congo to Support Growth, Mining Expansion and Climate Resilience The International Monetary Fund (IMF) has approved nearly US$348.5 million in new financing for the Democratic Republic of Congo (DRC), reinforcing international support for one of Africa’s most resource-rich and fast-growing economies as it continues to navigate security challenges, public health risks, and climate-related pressures. The funding was approved following successful programme reviews under the IMF’s Extended Credit Facility (ECF) and Resilience and Sustainability Facility (RSF), unlocking disbursements aimed at stabilising the economy and… Read More Here
Epiroc and RCT Drive Safe Transition to Surface Mining at Canadian Nickel Mine 2 International Battery Metals Mining Equipment 

Epiroc and RCT Drive Safe Transition to Surface Mining at Canadian Nickel Mine

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Epiroc and RCT Deploy Remote Automation to Support Canadian Nickel Mine’s Surface Mining Transition Mining equipment and technology provider Epiroc, in partnership with Remote Control Technologies (RCT), has played a key role in supporting the safe transition of a prominent Canadian nickel mine from underground to surface mining operations. As part of the project, Epiroc collaborated with RCT to deploy agnostic automation technology designed to improve operator safety and operational efficiency during the mine’s transition. RCT’s Canadian team was selected to implement the automation system as a proactive measure to… Read More Here
Koryx Copper Advances Zambia Exploration as Mpongwe and Luanshya West Targets Take Shape 3 Mining in Zambia Copper Exploration New Mining Projects 

Koryx Copper Advances Zambia Exploration as Mpongwe and Luanshya West Targets Take Shape

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Koryx Copper expands Zambia exploration at Mpongwe and Luanshya West as soil anomalies and drill targets emerge TSX Venture Exchange-listed Koryx Copper is advancing systematic exploration across its Zambian copper assets, even as its flagship focus remains the Haib Copper Project in Namibia. The company says ongoing work in Zambia is aimed at refining drill targets and prioritising the most prospective geological zones. Koryx holds two large-scale exploration licences in Zambia: Luanshya West and Mpongwe. At Mpongwe, the company has completed approximately 4,000 soil samples (excluding QA/QC samples), forming the… Read More Here
Vedanta Completes Landmark Demerger, Listing Five Focused Companies on Indian Stock Exchanges 4 International Corporate News 

Vedanta Completes Landmark Demerger, Listing Five Focused Companies on Indian Stock Exchanges

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Vedanta Group lists four demerged firms in India, creating five standalone businesses spanning metals, oil, power and critical minerals Diversified global miner Vedanta Group has achieved a major corporate restructuring milestone with the successful listing of four newly demerged companies on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), reshaping its business into five focused standalone entities. The transformation marks one of the most significant reorganisations in India’s natural resources sector, creating companies positioned around aluminium, oil and gas, iron and steel, power, and critical minerals each aligned… Read More Here
SOKIMO Suspends Cooperative Mining Operations in Ituri Amid Governance Review 5 Mining in DRC 

SOKIMO Suspends Cooperative Mining Operations in Ituri Amid Governance Review

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SOKIMO halts mining activities in Ituri cooperatives as Kinshasa talks target governance reforms and sector cleanup The Kilo-Moto Mining Company (SOKIMO) has engaged mining cooperatives and key stakeholders in Kinshasa for a series of working sessions aimed at reshaping the future of mining operations within its concessions in Ituri province. The discussions follow a recent field mission to Ituri by SOKIMO’s senior management, which identified several operational and governance challenges affecting some local mining cooperatives. These included issues related to compliance with commitments, organizational capacity, and overall management practices. In… Read More Here
DRC Launches “BUANYA” Excellence Awards to Strengthen Mining Governance Through Young Professionals 6 Mining in DRC 

DRC Launches “BUANYA” Excellence Awards to Strengthen Mining Governance Through Young Professionals

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DRC Ministry of Mines awards ENA graduates under BUANYA initiative to promote transparency and reform in mining sector The Ministry of Mines of the Democratic Republic of Congo held the official awards ceremony for the “BUANYA” excellence competition on Wednesday, June 24, 2026, at the Pullman Grand Hotel in Kinshasa. Launched by Minister of Mines Louis Watum Kabamba, the initiative is designed to engage graduates of the National School of Administration (ENA) in strengthening governance, transparency, and performance across the country’s strategic mining sector. The ceremony was attended by senior… Read More Here
DRC Parliament Raises Alarm Over Environmental Impact of Ruashi Mining Operations in Kolwezi 7 Mining in DRC Corporate News Mining safety Safety & Health 

DRC Parliament Raises Alarm Over Environmental Impact of Ruashi Mining Operations in Kolwezi

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DRC National Assembly reviews pollution allegations against Ruashi Mining amid health and environmental concerns in Kolwezi The Democratic Republic of Congo’s National Assembly has received a formal motion highlighting serious environmental and public health concerns linked to the activities of Ruashi Mining in Kolwezi, located in Lualaba province. The motion was introduced by National Deputy Eddy Ilunga Mbuyu, who is calling for government intervention to address pollution concerns raised by residents living near the mining site, particularly in the Ilungu district. He urged authorities to halt operations until adequate measures… Read More Here
Vedanta Raises Copper Investment Firepower Through Partial CopperTech Stake Sale 8 Investment News Copper Corporate News Mining in Zambia 

Vedanta Raises Copper Investment Firepower Through Partial CopperTech Stake Sale

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Vedanta sells 11.8% CopperTech stake to fund $372m expansion of Zambia’s Konkola Copper Mines UK-based Vedanta Resources is restructuring part of its asset portfolio to raise capital for expansion of its copper operations in Zambia, as global demand for the metal continues to strengthen. The company has announced plans to sell 11.8%, or approximately 23.5 million shares, in its US-based subsidiary CopperTech Metals Inc. The transaction is expected to generate net proceeds of up to $429 million, with around $372 million earmarked for investment in Zambia’s Konkola Copper Mines (KCM)… Read More Here
G7 Critical Minerals Strategy Triggers China’s BRICS-Led Supply Chain Realignment 9 International Economy 

G7 Critical Minerals Strategy Triggers China’s BRICS-Led Supply Chain Realignment

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G7 push to cut China rare earth dependence sparks BRICS cooperation as Beijing strengthens global minerals strategy The Group of Seven (G7) has intensified efforts to reduce reliance on China for critical minerals, a move that is prompting a coordinated geopolitical response from Beijing through deeper cooperation within the BRICS bloc. G7 leaders have agreed to work toward lowering dependence on China for rare earth elements and permanent magnets to below 60% by 2030, with a longer-term target of 50%. The strategy includes joint stockpiling arrangements, expanded recycling capacity, and… Read More Here
Atomic Eagle Secures Key Regulatory Approvals for Muntanga Uranium Project in Zambia 10 Mining in Zambia Corporate News New Mining Projects Uranium 

Atomic Eagle Secures Key Regulatory Approvals for Muntanga Uranium Project in Zambia

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Atomic Eagle obtains ZEMA approval and resettlement clearance for Zambia’s Muntanga uranium project, advancing development stage Australian-based uranium developer Atomic Eagle Limited has reached a major regulatory milestone at its flagship Muntanga Uranium Project in Zambia, securing two critical government approvals that significantly advance the project toward development. The company confirmed that the Zambia Environmental Management Agency (ZEMA) has approved the Environmental and Social Impact Assessment (ESIA) for the project. In addition, the Office of the Vice President’s Resettlement Division has issued a “No Objection” to the Resettlement Action Plan… Read More Here

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