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Minister Kabuswe Commends Mingomba for Driving Inclusive and Sustainable Development 21 Mining in Zambia Corporate News Events & Expos 

Minister Kabuswe Commends Mingomba for Driving Inclusive and Sustainable Development

Constance
Minister Kabuswe Applauds Mingomba Mine for Transforming Kawama, Highlights Local Content Breakthrough Minister of Mines and Minerals Development, Hon. Paul Kabuswe, has commended Mingomba Mining Limited for its commitment to responsible and inclusive development, citing the company’s investments in community infrastructure and supplier engagement as strong examples of modern, sustainable mining practice. Speaking during the Mingomba Service and Suppliers Fair in Chililabombwe, Hon. Kabuswe noted that the company’s initiatives in Kawama Township including the construction of a modern secondary school and improvements to local road access reflect a long-term vision… Read More Here
CMOC Reports $850 Million in Cobalt Sales Despite DRC Export Suspension 43 Mining in DRC Battery Metals Cobalt 

CMOC Reports $850 Million in Cobalt Sales Despite DRC Export Suspension

Constance
CMOC Posts Strong Cobalt Sales in 2025 Despite DRC Export Ban Chinese mining giant CMOC Group Ltd reported cobalt sales of 6.2 billion yuan ($850 million) between January and September 2025, down just 7.8% year-on-year, despite a months-long suspension of exports from the Democratic Republic of Congo (DRC). The ban, in place from February 21 to October 15, affected all of CMOC’s cobalt operations, including its flagship Tenke Fungurume and Kisanfu mines. The embargo cut cobalt sales volumes by 36% to 51,027 tons, but higher global prices offset much of… Read More Here
Anglo American’s Collahuasi Mine to Resume Full Copper Production by 2027 44 Corporate News Copper International 

Anglo American’s Collahuasi Mine to Resume Full Copper Production by 2027

Constance
Anglo American Expects Collahuasi Copper Output to Return to 600,000 Tons by 2027 Anglo American expects its flagship Collahuasi copper mine in Chile to return to normal output levels in 2027 after a period of lower-quality ore has constrained production and weighed on supply projections for next year. Collahuasi, jointly owned by Anglo American and Glencore (each holding 44%), is projected to produce about 600,000 metric tons of copper in 2027, according to Ruben Fernandes, Anglo American’s COO. The rebound is expected as mining shifts to richer ore areas and… Read More Here
DRDGOLD Names Henriette Hooijer as New CFO for 2026 45 Corporate News Gold International Mining Personality 

DRDGOLD Names Henriette Hooijer as New CFO for 2026

Constance
DRDGOLD Announces CFO Transition: Riaan Davel to Step Down in 2026, Henriette Hooijer Appointed Successor JSE- and NYSE-listed gold producer DRDGOLD Limited (JSE: DRD) has announced a key leadership transition, confirming that Chief Financial Officer (CFO) and Executive Director Riaan Davel will step down from his roles with effect from 31 January 2026. The company further confirmed that Henriette Hooijer will officially assume the position of CFO from 1 February 2026, marking the next phase in DRDGOLD’s ongoing succession and transformation strategy. Smooth Succession Following Early Planning This announcement follows… Read More Here
Shuka Minerals Delays Zambia Mine Acquisition After GMI Funding Fails to Arrive 46 Mining in Zambia Corporate News Mergers & Acquisitions 

Shuka Minerals Delays Zambia Mine Acquisition After GMI Funding Fails to Arrive

Constance
Shuka Minerals Faces Further Delay in Zambia Acquisition as Financing Partner Misses Payment Deadline Aim- and AltX-listed Shuka Minerals has announced another delay in completing its planned acquisition of Leopard Exploration and Mining (LEM) and the Kabwe zinc mine in Zambia, citing late payment from its financing partner, Gathoni Muchai Investments (GMI). In a statement issued on November 3, Shuka said that despite written confirmation from GMI, the $1.35 million balance of the cash consideration due to the LEM vendors had not yet been received. GMI had initially advised that… Read More Here
Angola Rules Out State Funding for Endiama’s De Beers Stake Purchase 47 International Corporate News Diamond Mergers & Acquisitions 

Angola Rules Out State Funding for Endiama’s De Beers Stake Purchase

Constance
Angola Rules Out Using National Budget to Fund Endiama’s Bid for De Beers Stake Angola will not use public funds to finance state-owned diamond company Endiama’s proposed acquisition of a stake in De Beers, Finance Minister Vera Daves de Sousa confirmed on Friday. Endiama has reportedly submitted a bid for a majority stake in De Beers, the diamond unit of Anglo American, according to a source familiar with the matter who spoke to Reuters on October 24. Initially, Angola had expressed interest in acquiring only a minority stake in De… Read More Here
AfDB Approves $14.5 Million to Power Zambia’s Clean Energy Transition with New Solar Project 48 Mining in Zambia Energy 

AfDB Approves $14.5 Million to Power Zambia’s Clean Energy Transition with New Solar Project

Constance
African Development Bank Funds $14.5 Million Solar Project to Boost Zambia’s Renewable Energy and Cut Power Shortages The African Development Bank Group (AfDB) has approved a $14.54 million financing package to support the Garneton North 20-megawatt solar power project in Zambia’s Copperbelt Province — a key milestone in the country’s shift toward renewable energy and energy security. The financing includes $7.27 million from the Bank’s own resources and an equal amount in concessional funding from a Development Finance Institution. The project underscores the AfDB’s commitment to closing Zambia’s energy deficit… Read More Here
Zambia’s Kwacha Strengthens on Higher Copper Exports and Improved Fiscal Discipline 49 Mining in Zambia Copper Economy 

Zambia’s Kwacha Strengthens on Higher Copper Exports and Improved Fiscal Discipline

Constance
Rising Mining Exports Strengthen the Kwacha as Confidence Grows in Zambia’s Economic Policy Zambia’s mining exports have driven a surge in foreign exchange inflows, boosting demand for the Kwacha and strengthening the local currency against the US Dollar. As of the latest trading session, the Kwacha stood at K21.70 for buying and K22.13 for selling. Trade experts noted that the increase in copper output—the country’s top export—has played a major role in the currency’s appreciation. They also credited the government’s consistent fiscal management and clear economic direction for improving investor… Read More Here
DRC’s 9th Mining Indaba Highlights Global Rush for Strategic Minerals 50 Mining in DRC Events & Expos 

DRC’s 9th Mining Indaba Highlights Global Rush for Strategic Minerals

Constance
Lubumbashi Hosts 9th Alternative Mining Indaba Focused on DRC’s Strategic Minerals and Sustainable Development Nearly 200 people participated in the 9th edition of the Alternative Mining Indaba, held in Lubumbashi, Haut-Katanga Province, in southeastern Democratic Republic of Congo (DRC), from October 29 to 31, 2025. The participants came from various provinces across the country and represented civil society organizations, local communities, and government institutions. This year’s event carried special significance under the theme “Strategic Minerals of the DRC: Between Global Geopolitical Stakes and Local Socio-Economic Impacts.” Claude Muteba, Executive Director… Read More Here

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