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EU Strengthens Support for Lobito Corridor to Boost Zambia’s Trade and Industrial Growth 21 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 22 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 23 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 24 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 25 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 26 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
Mingomba Mining Hosts Inaugural Service and Suppliers Fair, Ushering in a New Era of Collaboration in Zambia’s Copper Sector 48 Mining in Zambia Corporate News Events & Expos Sponsored Content 

Mingomba Mining Hosts Inaugural Service and Suppliers Fair, Ushering in a New Era of Collaboration in Zambia’s Copper Sector

Constance
A landmark event reshapes supplier engagement and sets a new benchmark for collaborative mining in Zambia Mingomba Mining Limited, a joint venture of KoBold Metals and ZCCM-IH, launched its first-ever Service and Suppliers Fair, a landmark event that signals a bold new chapter for Zambia’s mining industry. Held in Chililabombwe, the two-day gathering brought together hundreds of contractors, entrepreneurs, government officials, and industry leaders to explore partnership opportunities as the company advances toward full-scale mine development. For Mingomba and its parent company KoBold Metals, a California-based exploration and technology firm,… Read More Here
Lubumbashi Acid Spill Sparks Environmental and Health Alarm 49 Mining in DRC 

Lubumbashi Acid Spill Sparks Environmental and Health Alarm

Constance
Lubumbashi Mining Disaster: Acid Spill from CDM Threatens River, Homes, and Public Health In Lubumbashi, the Lubumbashi River has become a symbol of a growing environmental crisis. A recent spill from an acid effluent retention basin at the Chinese-owned Congo Dongfang Mining (CDM) in the Kasapa district has contaminated streets, homes, and the river itself, prompting outrage from local communities and NGOs. The spill, which occurred three days prior, released toxic water that killed fish and destroyed residential areas. Authorities warn of serious health risks, including respiratory and neurological problems,… Read More Here
Glencore Reports Lower Q1 2025 Copper Output Across Global Operations in DRC, Chile, and Peru 50 Copper Corporate News Mining in DRC 

Glencore Reports Lower Q1 2025 Copper Output Across Global Operations in DRC, Chile, and Peru

Constance
Glencore Copper Production Drops 17% in Early 2025, Rebounds in Q3 with Higher Grades at Key Sites Global mining giant Glencore produced 583,500 tonnes of copper in the first quarter of 2025 — a 17% decrease compared to the same period in 2024. According to an official company statement, the decline stemmed from lower ore grades and reduced recovery rates, consistent with its planned mining sequence. The most significant reductions came from: Collahuasi: -59,000 tonnes Antamina: -23,400 tonnes Antapaccay: -15,200 tonnes Kamoto Copper Company (KCC): -16,800 tonnes Strong Third-Quarter Recovery… Read More Here

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