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Galileo and Partner Pursue Resolution Over Luansobe Copper Licences in Zambia 1 Mining in Zambia Corporate News 

Galileo and Partner Pursue Resolution Over Luansobe Copper Licences in Zambia

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Galileo and Statunga Seek Amicable Resolution to Luansobe Copper Licence Dispute London-listed Galileo Resources and its joint venture partner Statunga Investments are maintaining their legal position over two small-scale mining licences that make up the Luansobe Copper Project in Zambia, while engaging key stakeholders in an effort to reach an amicable resolution. The licences, numbered 34543/HQ/SML and 34545/HQ/SML, are central to the Luansobe project, in which Galileo holds a 75% interest through a joint venture agreement with Statunga signed in December 2021. The latest development follows the discovery in July… Read More Here
AEW 2026 to Explore Africa’s Shift from Local Content Participation to Industrialization 2 Events & Expos International Sponsored Content 

AEW 2026 to Explore Africa’s Shift from Local Content Participation to Industrialization

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As Africa develops its estimated 125.3 billion barrels of crude oil and 620 trillion cubic feet of natural gas to strengthen energy security and expand local economies, local-content frameworks are entering a new phase. Governments are moving beyond requirements for local employment and procurement toward building domestic industrial capacity and strengthening digital compliance while maintaining an investment environment capable of delivering competitive returns for international partners. Developments across Mozambique, Namibia, Nigeria, Ghana, Angola and other African markets reflect this shift. African Energy Week (AEW) 2026, scheduled for October 12 –… Read More Here
DRC Mines Minister Urges Youth to Drive Sustainable Value Creation 3 Mining in DRC Economy 

DRC Mines Minister Urges Youth to Drive Sustainable Value Creation

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DRC Mines Minister Louis Watum Calls on Youth to Transform Mineral Wealth into Sustainable Economic Growth Democratic Republic of Congo (DRC) Minister of Mines Louis Watum Kabamba has called on young Congolese to play a greater role in transforming the country’s vast mineral resources into long-term economic and social benefits. Speaking at a youth-focused symposium in Kinshasa on 18 August, Watum said the DRC’s exceptional mineral wealth should be viewed not only as an opportunity for the current generation but also as an asset that must be developed responsibly for… Read More Here
Kamoa Copper Commits US$16.9 Million to Community Development in Mutshatsha 4 Mining in DRC Copper Corporate News 

Kamoa Copper Commits US$16.9 Million to Community Development in Mutshatsha

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Kamoa Copper Unveils US$16.9 Million Community Development Plan for DRC’s Mutshatsha Territory Kamoa Copper has committed US$16.855 million to five major community development projects in Mutshatsha Territory, Lualaba Province, under a new 2026–2030 social and community development agreement. The agreement was signed at the Kamoa Copper site in the presence of provincial mining authorities, the territorial administration, traditional leaders and representatives of local communities. The programme was developed through consultations between the company and communities and will guide development initiatives around the mining operation through 2030. The programme focuses on… Read More Here
felix tshisekedi Gecamines 111 Mining in DRC Oil & Gas Petroleum 

Tshisekedi Orders Full Review of DRC’s Oil and Gas Assets

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DRC Orders Comprehensive Review of Oil and Gas Assets as Kinshasa Advances Cooperation with Uganda and Angola President Félix Tshisekedi has directed the Democratic Republic of Congo (DRC) government to conduct a comprehensive review of the country’s oil and gas sector as Kinshasa seeks to unlock its hydrocarbon potential and accelerate new development projects. The review, assigned to State Minister for Hydrocarbons Acacia Bandubola Mbongo, will cover the country’s oil and gas reserves, existing assets, exploration and production licences, ongoing projects, partnerships and the constraints affecting exploration, production and processing.… Read More Here
Metalkol Approves New High-Capacity Dredger for DRC Mining Operations 5 Mining in DRC Cobalt Copper Corporate News Mining Equipment 

Metalkol Approves New High-Capacity Dredger for DRC Mining Operations

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Metalkol Approves Damen CSD500 Dredger for DRC Operations to Boost Copper and Cobalt Tailings Recovery Metalkol has completed the technical acceptance of a customised Damen CSD500 cutter suction dredger in the Netherlands, clearing the equipment for shipment to the Democratic Republic of Congo (DRC), where it will support the company’s mining operations. The dredger underwent inspections and operational testing at Damen Dredging’s facilities before receiving approval for delivery. It will now be dismantled into modules for transport to the DRC by road and water before being assembled at the mining… Read More Here
Copper Falls to US$13,981 as Rising LME Stocks Ease Supply Tightness 6 Copper International 

Copper Falls to US$13,981 as Rising LME Stocks Ease Supply Tightness

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Copper Price Falls to US$13,981 as Rising LME Stocks Ease Supply Concerns Copper prices came under renewed pressure on Thursday, with three-month copper on the London Metal Exchange (LME) falling 0.5% to US$13,981 per tonne as rising warehouse inventories eased concerns over near-term physical supply. The decline followed a 0.5% gain the previous day and came as additional copper entered LME-approved warehouses. However, a weaker US dollar helped limit the decline by making dollar-denominated commodities relatively cheaper for buyers using other currencies. LME copper inventories have recovered rapidly after falling… Read More Here
DRC and Tanzania Strengthen Strategic Partnership on Critical Minerals and Geological Data 7 Mining in DRC Governance Partnership 

DRC and Tanzania Strengthen Strategic Partnership on Critical Minerals and Geological Data

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DRC and Tanzania Deepen Mining Cooperation on Critical Minerals, Geological Data and Infrastructure The Democratic Republic of Congo (DRC) and Tanzania are strengthening economic cooperation through a new strategic partnership focused on critical minerals, geological data, energy and transport infrastructure. The agreement emerged from DRC President Félix-Antoine Tshisekedi’s official visit to Tanzania, which concluded on 18 August following talks with Tanzanian President Samia Suluhu Hassan at the State House in Kizimkazi, Zanzibar. The two countries agreed to revitalise their Joint Permanent Commission and establish a strategic partnership aimed at expanding… Read More Here
South Korea Commits US$1 Billion to Glencore as US Targets DRC Copper Assets 8 Mining in DRC Copper Corporate News 

South Korea Commits US$1 Billion to Glencore as US Targets DRC Copper Assets

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South Korea Commits US$1 Billion to Glencore as US-Backed Group Targets DRC Copper Mines Competition for access to copper is intensifying as South Korea and the United States pursue different strategies to secure long-term supplies of the critical metal, with Glencore’s operations in the Democratic Republic of Congo (DRC) emerging as a key focus. South Korea is preparing to provide US$1 billion in financing to Glencore in exchange for reliable copper supplies for Korean industries. At the same time, a US-backed consortium is negotiating for a 40% interest in Glencore’s… Read More Here
DRC-US Mining Partnership Expands into Skills Development and Employment 9 Mining in DRC 

DRC-US Mining Partnership Expands into Skills Development and Employment

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DRC-US Mining Partnership Expands Focus to Skills, Training and Local Job Creation The strategic mining partnership between the Democratic Republic of Congo (DRC) and the United States is expanding beyond investment and mineral development to include skills development, professional training and employment opportunities for Congolese citizens. More than 160 young leaders, entrepreneurs and professionals from the mining and energy sectors gathered in Kinshasa on 18 August for a symposium focused on strengthening cooperation between the DRC and the United States. The event, organised by the International Republican Institute (IRI) in… Read More Here

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