Breaking News
Malawi Bans Raw Mineral Exports to Boost Local Industry and Economic Value 21 International 

Malawi Bans Raw Mineral Exports to Boost Local Industry and Economic Value

Constance
Malawi halts raw mineral exports in $500M plan to promote domestic processing and industrialisation Malawi has imposed a nationwide ban on the export of raw minerals, a decisive move aimed at retaining resource wealth and fostering domestic industrialisation. President Peter Mutharika, speaking at a cabinet swearing-in ceremony at Sanjika Palace in Blantyre, emphasized that the policy takes effect immediately and is intended to stimulate local processing, create jobs, and enhance economic independence. He estimated that Malawi could retain up to $500 million annually through value addition rather than raw exports.… Read More Here
DRC Seeks $500 Million World Bank Support for Lobito Corridor Project 22 Transport and Logistics Mining in DRC 

DRC Seeks $500 Million World Bank Support for Lobito Corridor Project

Constance
DRC requests $500M from World Bank to develop Lobito Corridor, boosting regional trade and infrastructure During the IMF and World Bank Annual Meetings, the Democratic Republic of Congo (DRC) Finance Minister, Doudou Fwamba, submitted a $500 million financing request to the World Bank to support the Lobito Corridor project. The Finance Ministry confirmed that the institution has agreed to review the proposal. In discussions with World Bank Managing Director for Operations Anna Bjerde, Minister Fwamba outlined the government’s vision to spur economic growth along the strategic transport corridor, focusing on… Read More Here
CMOC expands DRC Kisanfu mine with $1.08B investment 23 Mining in DRC Corporate News 

CMOC expands DRC Kisanfu mine with $1.08B investment

Constance
Chinese mining giant CMOC expands DRC Kisanfu mine with $1.08B investment, strengthening global copper and cobalt leadership Chinese mining giant CMOC Ltd. is accelerating its growth in the Democratic Republic of Congo (DRC) with a $1.08 billion investment to expand its Kisanfu mine in Lualaba province. The second phase of operations, scheduled for completion in 2027, is expected to increase annual copper production by 100,000 tons, reinforcing CMOC’s position as a global copper leader. Record Financial Performance in 2025 CMOC’s financial results in 2025 have been exceptional. In the third… Read More Here
DRC Proposes Strategic Minerals Organization to Stabilize Global Market 24 Mining in DRC 

DRC Proposes Strategic Minerals Organization to Stabilize Global Market

Constance
DRC calls for creation of OPEC-style group for strategic minerals to boost African leverage and market stability The Democratic Republic of Congo (DRC) has called for the creation of an Organization of Strategic Minerals Producing and Exporting Countries, modeled on OPEC, to protect member interests and stabilize global markets for critical resources. The announcement was made on October 22, 2025, in Geneva. “The DRC, a country rich in strategic minerals, is advocating for an organization similar to OPEC to defend member interests, stabilize the strategic minerals market, ensure predictable revenues,… Read More Here
Gold price rises 2.4% as investors seek safety amid US economic and geopolitical uncertainties 25 Gold Economy News in Brief 

Gold price rises 2.4% as investors seek safety amid US economic and geopolitical uncertainties

Constance
Gold Surges Amid Market Uncertainty, Cementing Its Safe-Haven Status Gold continues to demonstrate its role as a safe-haven asset during periods of instability. By the end of the second week of October 2025, the price of an ounce of gold reached $3,978.10, marking a weekly gain of 2.4%. Several factors contributed to this rise. Markets are pricing in a potential cut in US interest rates, alongside a weaker US dollar. Investor anxiety is further fueled by ongoing concerns over a possible US government shutdown, a scenario that historically heightens market… Read More Here
Rebels Loot $70 Million in Gold from Twangiza Mine in Eastern DRC 26 Mining in DRC Gold 

Rebels Loot $70 Million in Gold from Twangiza Mine in Eastern DRC

Constance
M23 rebels accused of stealing 500 kg of gold from Twangiza Mining’s DRC concession amid ongoing conflict Twangiza Mining has accused M23 rebels occupying its gold concession in eastern Democratic Republic of Congo (DRC) of stealing at least 500 kg of gold bullion—worth an estimated $70 million—since taking control of the site in May 2025. The company also alleged that some of its own employees assisted the rebels in smuggling the gold out of the mine, located in South Kivu province, where M23 has dramatically expanded its territorial control this… Read More Here
Sibanye-Stillwater, Glencore Merafe Venture Finalise Chrome Agreements to Boost Long-Term Value 27 International Corporate News 

Sibanye-Stillwater, Glencore Merafe Venture Finalise Chrome Agreements to Boost Long-Term Value

Constance
Sibanye-Stillwater and Glencore Merafe Venture complete chrome agreements to optimise South African PGM operations Multinational mining and metals group Sibanye-Stillwater has confirmed that all conditions precedent for the implementation of its new chrome agreements with the Glencore Merafe Venture (GM Venture) have been met. The agreements will officially take effect on November 1, the company announced. “The closure of the Glencore Merafe agreements marks a pivotal step in unlocking long-term value from our significant chrome by-products at our South African platinum group metal (PGM) operations,” said Sibanye-Stillwater CEO Richard Stewart.… Read More Here
Kavango Confirms Open-Pit Gold Deposit at Nightshift Prospect in Zimbabwe 28 International Gold 

Kavango Confirms Open-Pit Gold Deposit at Nightshift Prospect in Zimbabwe

Constance
Kavango Resources announces maiden JORC-compliant gold resource at Nightshift prospect, boosting Hillside project potential in Zimbabwe LSE-listed Kavango Resources has confirmed the presence of an open-pit gold deposit at its Nightshift prospect, part of the Hillside gold project in Zimbabwe, following a maiden Joint Ore Reserves Committee (JORC)-compliant mineral resource estimate (MRE) that exceeded expectations. Announcing the results on October 20, the company said the MRE validates its strategy to expand gold production through modern, mechanised mining and processing methods. According to Kavango, the Nightshift deposit is expected to deliver… Read More Here
Tertiary Minerals secures £100,000 funding to expand drilling at Mushima North project in Zambia 29 Mining in Zambia Corporate News New Mining Projects 

Tertiary Minerals secures £100,000 funding to expand drilling at Mushima North project in Zambia

Constance
Tertiary Minerals Raises £100,000 to Advance Mushima North Silver-Copper-Zinc Exploration in Zambia AIM-listed Tertiary Minerals has raised £100,000 before expenses through a share placing arranged by its joint broker, Peterhouse Capital. The placement involved 153.8 million new ordinary shares, issued exclusively to Stuart Packwood, a significant existing shareholder. Proceeds will be used to fund upcoming exploration work at the company’s Target A1 silver-copper-zinc prospect, part of the Mushima North project in Zambia. Following the placing, the new shares represent approximately 3.01% of Tertiary’s enlarged issued share capital. Upon admission, Packwood’s… Read More Here
Uru Metals Awards Key Engineering Contracts to Advance Zeb Nickel Project in South Africa 30 International Battery Metals New Mining Projects Nickel 

Uru Metals Awards Key Engineering Contracts to Advance Zeb Nickel Project in South Africa

Constance
Uru Metals Moves Forward with Zeb Nickel Project, Awards Engineering and Environmental Contracts in Limpopo UK-based mining company Uru Metals has awarded two key engineering and services contracts to accelerate development of its Zeb Nickel Project in South Africa’s Limpopo Province. The first contract, awarded to GF International, covers a combined ground gravity and frequency-domain electromagnetic survey. This survey will target two key prospects and aims to refine drill targets for Uru Metals as the company advances exploration efforts. The second contract focuses on implementing the environmental rehabilitation guarantee, a… Read More Here

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

Copperbelt Katanga Mining will use the information you provide on this form to be in touch with you and to provide updates and marketing.