Copperbelt Katanga Mining - Page 67 of 3427 - African Copperbelt's Top Mining News

Petra Diamonds Confirms New Leadership Team and Board Restructuring After 2025 AGM 1

Petra Diamonds Appoints Permanent Joint CEOs and Strengthens Board Following Annual Meeting London-listed Petra Diamonds has announced a refreshed leadership structure and several board changes following its Annual General Meeting held on November 27. The company confirmed the appointment of Vivek Gadodia and Juan Kemp as permanent joint CEOs, solidifying the roles they have held in an interim capacity since February. Under the new structure, Gadodia will continue to lead Petra’s corporate functions, while Kemp will oversee operational activities across the business. Shareholders also approved the appointment of Kushal Kumar… Read More Here

International Copper Corporate News

Panama Set to Release Early Audit Findings on Cobre Panama Mine as Govt Weighs Next Steps

November 30, 2025November 30, 2025 Constance

Cobre Panama Audit Nears First Report: Final Review Due February to Decide Fate of First Quantum’s Mine Panama may release the preliminary findings of its comprehensive audit of First Quantum Minerals’ Cobre Panama copper mine as early as next week, with the final report scheduled for completion by the end of February. The results are expected to guide the government’s decision on the future of the long-stalled operation. The independent assessment, conducted by SGS Panama Control Services, covers environmental compliance, legal and labour obligations, tax issues, operational procedures and potential… Read More Here

Gold International News in Brief

Zimbabwe Raises Gold Royalties to Capitalize on Record High Bullion Prices

November 30, 2025November 30, 2025 Constance

Zimbabwe Introduces 10% Gold Royalty as Prices Stay Above $4,000 an Ounce Zimbabwe is set to increase royalties on gold producers as part of its strategy to benefit from historically high global gold prices, according to the 2026 national budget presented on Thursday. Under the revised revenue measures, gold miners will be required to pay a 10% royalty when bullion prices exceed USD 2,501 per ounce. The adjustment forms part of broader efforts to strengthen government revenues and provide greater support to local industry. Although gold prices have eased by… Read More Here

Mining in DRC Battery Metals Cobalt

DRC Defends Cobalt Export Suspension as Strategic Move to Stabilize Global Prices

November 30, 2025November 30, 2025 Constance

DRC Says Cobalt Export Ban Prevented Market Crash as Prices Surge from $21,000 to $50,000 per Ton The Democratic Republic of Congo (DRC) has reaffirmed the rationale behind the temporary suspension of cobalt exports, a measure implemented by the Regulatory and Control Authority for Strategic Mineral Substances Markets (ARECOMS). Despite criticism from some stakeholders, the government maintains that the decision was necessary to protect the country’s strategic mineral and prevent a collapse in global prices. As the world’s leading holder of cobalt reserves, the DRC argued it had both the… Read More Here

Mining in DRC Copper

DRC Reaffirms Open-Door Investment Policy as Global Powers Deepen Interest in Mining Sector

November 30, 2025November 30, 2025 Constance

DRC Opens Mining Sector to All Partners as China Drives Copper Growth and U.S. Expands Strategic Engagement The Democratic Republic of Congo (DRC) remains open to cooperation with all global powers in the mining sector, according to Minister of Mines Louis Watum Kabamba, who reaffirmed the country’s commitment to multilateral partnerships while acknowledging the significant role China has played in developing Congo’s mining industry. Speaking at a press briefing on Thursday, 27 November 2025, Minister Kabamba stressed that the DRC does not align exclusively with any geopolitical bloc. Instead, the… Read More Here

Mining in DRC

DRC Mines Minister Highlights Investment Opportunities and Challenges in the Sector

November 30, 2025November 30, 2025 Constance

DRC Mines Minister Louis Watum Kabamba Defends Investment Climate Amid Criticism, Highlights $45 Billion in Mining Investments While the Democratic Republic of Congo (DRC) possesses some of the world’s richest soil and mineral resources, its mining sector has long faced criticisms over governance, transparency in revenue management, contract publication, and revenue distribution. Some observers have even labeled the sector a “Wild West” due to perceived lawlessness and weak oversight. However, Minister of Mines Louis Watum Kabamba offers a contrasting perspective, emphasizing that the DRC has successfully attracted significant investment and… Read More Here

Mining in Zambia Copper Corporate News New Mining Projects

Molefe Copper Mine in Zambia Set for Expansion Through Jubilee-Galileo Partnership

November 30, 2025November 30, 2025 Constance

Jubilee Metals and Galileo Resources Form Strategic Alliance to Accelerate Molefe Copper Mine Development in Zambia Johannesburg- and London-listed Jubilee Metals Group has signed a cooperation and project development agreement with Galileo Resources to fast-track exploration and development at the Molefe copper mine in Zambia. Under the deal, Galileo can earn up to a 23.75% interest in the project by investing $700,000 in resource development work. The agreement leverages Jubilee’s operational and processing expertise in Zambia alongside Galileo’s exploration and geological capabilities, allowing each company to focus on core workstreams,… Read More Here

Mining in Zambia Economy

Zambia Details Strategic Economic Recovery and Governance Reforms

November 30, 2025November 30, 2025 Constance

Zambia Restores Investor Confidence with Fiscal Discipline and Sovereign Credit Upgrades Zambia’s Minister of Finance and National Planning, Dr. Situmbeko Musokotwane, has detailed the country’s economic recovery trajectory, highlighting how years of fiscal instability, governance challenges, and unsustainable borrowing have been addressed to restore national credibility and investor confidence. In a national statement, Dr. Musokotwane emphasized that recent sovereign credit rating upgrades by S&P Global Ratings and Fitch Ratings were the result of deep institutional reforms, not temporary economic improvements. He noted that Zambia is emerging from a period of… Read More Here

Mining in Zambia Electricity

Zambia Accelerates Energy Projects to Boost Electricity Supply and Reduce Load Shedding

November 30, 2025November 30, 2025 Constance

Zambia Advances 2,857MW Energy Pipeline to Strengthen Power Supply and Stability The Ministry of Energy has announced major progress in Zambia’s energy generation projects, reaffirming the government’s commitment to stabilizing electricity supply and reducing the impacts of load shedding. In a statement released on 30th November 2025, Minister of Energy Makozo Chikote highlighted the acceleration of a diverse portfolio of projects, including green city initiatives, rooftop solar installations, utility-scale renewable plants, and thermal (coal) energy developments. Completed Projects: 347MW of New Capacity The Ministry reports that 347MW of new generation… Read More Here

Mining in DRC Cobalt Copper

DRC Engages Japanese Delegation on Strategic Copperbelt Mineral Supply Chain Initiative

November 30, 2025 Constance

Japan Presents Master Plan to Strengthen DRC Copperbelt Mineral Supply Chain On Friday, November 28, 2025, the Government of the Democratic Republic of Congo (DRC) hosted a delegation of Japanese companies in Kinshasa to present a Master Plan aimed at structuring and securing the supply chain of critical minerals in the Copperbelt region, a key area spanning the DRC and Zambia. The Japanese initiative reflects a global push to diversify sources of minerals essential for the energy transition, particularly cobalt, copper, and germanium. Japan’s engagement signals a strategic move to… Read More Here

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