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FQM Sets Ambitious Goal for Zambia’s Copper Production by 2032 42 Mining in Zambia Copper Corporate News Economy Events & Expos 

FQM Sets Ambitious Goal for Zambia’s Copper Production by 2032

Constance
Zambia’s Copper Industry Targets 3 Million Tonnes by 2032 with Focus on Sustainability and Community Development First Quantum Minerals (FQM) has unveiled an ambitious vision for Zambia’s mining sector: achieving three million tonnes of copper annually by 2032. Speaking at the Zambia Mining and Investment Insaka (ZAMII) 2025, FQM Country Director Anthony Mukutuma stressed that this goal requires a combination of strategic planning, sustainable practices, and community engagement to ensure lasting benefits for the country. Held under the theme “Unlocking Africa’s Wealth: Advancing Sustainable Mining, Beneficiation & Value Addition,” the… Read More Here
Zambia Backs AfDB President’s Vision for Strengthened African Financial Architecture 43 Mining in Zambia Economy 

Zambia Backs AfDB President’s Vision for Strengthened African Financial Architecture

Constance
Zambia Supports AfDB Initiative to Boost Africa’s Economic Sovereignty and Infrastructure Development Zambia has reaffirmed its strong support for African Development Bank (AfDB) Group President Dr. Sidi Ould Tah’s initiative to establish a robust African financial architecture designed to enhance the continent’s economic sovereignty. President Hakainde Hichilema expressed this backing during discussions with Dr. Ould Tah at State House, Lusaka, on 9 October 2025, following Zambia’s successful hosting of the third meeting of the 17th African Development Fund replenishment cycle (ADF-17). The talks highlighted Zambia’s strategic partnership with the AfDB… Read More Here
Zambia Advances Toward 1,000 MW Solar Goal with Lifesong Northrise Project in Ndola 44 Mining in Zambia Energy 

Zambia Advances Toward 1,000 MW Solar Goal with Lifesong Northrise Project in Ndola

Constance
Zambia Boosts Renewable Energy Drive with 16 MW Lifesong Solar Power Plant in Copperbelt Province Zambia’s drive to generate 1,000 megawatts (MW) of solar power by the end of 2025 is gaining momentum, with the Lifesong Northrise 16 MW Solar Power Plant (Phase 1) in Ndola, Copperbelt Province, emerging as a key milestone in the nation’s renewable energy expansion. The privately led project is set to supply much-needed electricity to the national grid, easing Zambia’s energy deficit and supporting industrial and economic growth. On 10 October 2025, ZESCO Limited hosted… Read More Here
DRC to Build Gold Reserves to Strengthen Currency and Support Economic Stability 45 Mining in DRC Economy Gold 

DRC to Build Gold Reserves to Strengthen Currency and Support Economic Stability

Constance
DRC Launches Gold Reserve Strategy as Prices Soar Past $4,000 an Ounce to Bolster the Franc The Democratic Republic of Congo (DRC) plans to begin building official gold reserves as part of a broader strategy to strengthen the Congolese franc and support economic resilience, according to Central Bank Governor André Wameso. The move comes amid record-high global gold prices, which surged past $4,000 an ounce this week, marking an increase of more than 50% year-to-date. The rise has been largely driven by heightened central bank purchases worldwide as countries seek… Read More Here
Alphamin Resources Lifts Tin Output by 26% in Q3, Raises Full-Year Production Guidance 46 Mining in DRC Corporate News Tin 

Alphamin Resources Lifts Tin Output by 26% in Q3, Raises Full-Year Production Guidance

Constance
Alphamin Resources Increases Q3 Tin Production by 26%, Boosts 2024 Output Forecast Despite Security Risks in DRC JSE-listed Alphamin Resources has reported a strong rebound in tin production for the third quarter of 2025, delivering 5,190 tonnes of contained tin, a 26% increase from the previous quarter’s 4,106 tonnes, according to its latest operational update. The company attributed the improvement to a full quarter of uninterrupted operations following a temporary suspension in early 2025 due to security concerns in the North Kivu province of the Democratic Republic of Congo (DRC).… Read More Here
Epiroc Secures $12 Million Order from Asante Gold for Chirano Mine in Ghana 47 International Corporate News Gold 

Epiroc Secures $12 Million Order from Asante Gold for Chirano Mine in Ghana

Constance
Epiroc Wins Major $12 Million Mining Equipment Contract from Asante Gold for Chirano Mine in Ghana Mining and infrastructure productivity partner Epiroc has secured a significant order for advanced mining equipment and digital solutions from Asante Gold Corporation, a Canadian mining company operating the Chirano gold mine in southwestern Ghana. The order, valued at approximately SEK 115 million (US$12 million), includes a fleet of underground mining trucks, loaders, face drilling rigs, and production drilling rigs designed to enhance productivity and safety at Chirano — a combined open-pit and underground operation.… Read More Here
DRC Introduces Annual Cobalt Export Quotas to Regulate Supply and Boost Prices 48 Mining in DRC Battery Metals Cobalt 

DRC Introduces Annual Cobalt Export Quotas to Regulate Supply and Boost Prices

Constance
Congo to Launch Cobalt Export Quota System on October 16 to Stabilize Global Supply and Prices The Democratic Republic of Congo (DRC) will begin allocating annual cobalt export quotas to producers starting October 16, in a major policy shift aimed at tightening market control and curbing oversupply from the world’s leading cobalt producer. Under the new system, export quotas will be calculated based on production and shipment data from the previous three years. The move replaces a months-long export suspension that disrupted global supply chains and affected electric vehicle manufacturers,… Read More Here
Mercuria Metals Division Reports $300 Million Trading Profit Amid Market Volatility 49 International Corporate News 

Mercuria Metals Division Reports $300 Million Trading Profit Amid Market Volatility

Constance
Mercuria Metals Trading Surges $300M as Firm Expands Beyond Oil and Gas Mercuria Energy Group Ltd. has recorded approximately $300 million in trading profits so far this year through its metals division, signaling a strong return to the sector after years focused on oil and gas. The figures, reported to Bloomberg by sources familiar with the matter, include realized profits and mark-to-market gains on unsettled positions and contracts for the remainder of the year. Mercuria declined to comment on the numbers. Expansion and Team Growth The metals division was established… Read More Here
DRC’s ARECOMS Announces New Cobalt Export Quota Regulations for 2025 50 Mining in DRC Battery Metals Cobalt 

DRC’s ARECOMS Announces New Cobalt Export Quota Regulations for 2025

Constance
ARECOMS Sets New Rules for Cobalt Export Quotas in the DRC The Authority for the Regulation and Control of Strategic Mineral Substances Markets (ARECOMS) has announced a new set of regulatory measures governing the allocation and management of cobalt export quotas in the Democratic Republic of Congo (DRC). According to a press release issued by the regulator, the decision — No. 005/ARECOMS/2025, dated October 10, 2025 — defines the conditions for obtaining, distributing, and executing export quotas for cobalt, one of the country’s most critical mineral resources. These measures build… Read More Here

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