Africa Finance Corp to Launch Bids for Zambia-Angola Railway Linking Copper Mines to Lobito Port 21 Mining in Zambia Copper Infrastructural Development Transport and Logistics 

Africa Finance Corp to Launch Bids for Zambia-Angola Railway Linking Copper Mines to Lobito Port

New Zambia-Angola Railway to Boost Copper Exports and Create Jobs, Says Africa Finance Corp The Africa Finance Corporation (AFC) plans to issue bids in the coming months for the construction of a new railway connecting Zambia’s copper-rich region to the Angolan port of Lobito, a move set to strengthen regional trade and infrastructure. According to Samaila Zubairu, AFC President, the tender will be divided into three parts, covering: Construction of rail links in Zambia, Construction of rail links in Angola, and Provision of rolling stock and railway systems. Groundbreaking for… Read More Here
Chengtun Mining Acquires Loncor Gold for C$261M, Secures Strategic Adumbi Gold Deposit in DRC 22 Mining in DRC Corporate News Mergers & Acquisitions 

Chengtun Mining Acquires Loncor Gold for C$261M, Secures Strategic Adumbi Gold Deposit in DRC

Chengtun Mining Expands into Gold with Acquisition of Loncor Gold and Adumbi Deposit Chengtun Mining, a Chinese mining group, has agreed to acquire Canadian gold exploration company Loncor Gold in an all-cash deal valued at C$261 million (approximately $186 million), gaining control of the Adumbi gold deposit in the Democratic Republic of Congo (DRC). The definitive arrangement agreement, announced on October 14, 2025, sets the purchase price at C$1.38 per Loncor share, representing a 33% premium over Loncor’s 30-day volume-weighted average price and a 16% premium to its TSX closing… Read More Here
Zambia Launches Kansanshi Mining Accelerator to Empower MSMEs and Drive Economic Growth 23 Mining in Zambia 

Zambia Launches Kansanshi Mining Accelerator to Empower MSMEs and Drive Economic Growth

Minister Elias Mubanga Highlights Kansanshi Mining Accelerator’s Role in Strengthening Zambian MSMEs The Government of Zambia, in collaboration with Kansanshi Mining Plc and First Quantum Minerals (FQM), officially launched the first-ever Pitch Day for Micro, Small, and Medium Enterprises (MSMEs) under the Kansanshi Mining Accelerator Programme. The event, held at the Solwezi Royal Hotel, provided a platform for entrepreneurs to showcase innovative business ideas to potential investors and financial institutions. Delivering the keynote address, Hon. Eng. Elias Mubanga, MP, Minister of Small and Medium Enterprise Development, emphasized the critical role… Read More Here
Olivier Binyingo Reaffirms KAMOA Copper’s Commitment to Economic Growth and Sustainable Development 24 Mining in DRC Corporate News Mining Personality 

Olivier Binyingo Reaffirms KAMOA Copper’s Commitment to Economic Growth and Sustainable Development

Olivier Binyingo Showcases Kamoa Copper’s Role as a Catalyst for Sustainable Growth in the DRC Olivier Binyingo, Chairman of the Board of Directors of KAMOA Copper SA and Vice President of Ivanhoe Mines for the DRC and Strategic Projects, underscored the company’s strategic vision and its major contribution to the development of the Democratic Republic of Congo’s (DRC) mining industry. Speaking at a recent event, Binyingo described Kamoa-Kakula as a long-term mining venture, representing over USD 6 billion in investment over the past six years — a financial commitment that… Read More Here
DRC Finance Minister Doudou Fwamba Strengthens IMF Partnership to Sustain Economic Reforms and Fiscal Stability 25 Mining in DRC Economy 

DRC Finance Minister Doudou Fwamba Strengthens IMF Partnership to Sustain Economic Reforms and Fiscal Stability

Doudou Fwamba and IMF Deputy Chief Kenji Okamura Discuss DRC’s Fiscal Discipline and Economic Resilience On the sidelines of the 2025 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group, Democratic Republic of Congo (DRC) Finance Minister Doudou Fwamba Likunde Li-Botayi held a high-level meeting with IMF Deputy Managing Director Kenji Okamura. The discussions were also attended by the Deputy Minister of the Budget and the Governor of the Central Bank of Congo. At the heart of the exchange were the DRC’s macroeconomic performance, fiscal discipline,… Read More Here
DRC Mines Minister Showcases DRC’s Mining Ambitions at U.S.-DRC Economic Forum in Washington 26 Mining in DRC 

DRC Mines Minister Showcases DRC’s Mining Ambitions at U.S.-DRC Economic Forum in Washington

Louis Kabamba Watum Showcases DRC’s Mining Ambitions at U.S.-DRC Economic Forum in Washington The Democratic Republic of Congo (DRC) made a strong impression in Washington during the U.S.-DRC Economic Forum, where Minister of Mines Louis Kabamba Watum led a series of high-level meetings with major American industrial and financial stakeholders. The discussions underscored Kinshasa’s determination to attract investment for local mineral processing and to strengthen partnerships supporting the country’s economic diversification. Officially opened by Prime Minister Judith Suminwa Tuluka, the forum brought together investors, financial institutions, and senior government officials… Read More Here
DRC Mining Minister Defines What Qualifies as Mine Development and Construction Work 27 Mining in DRC 

DRC Mining Minister Defines What Qualifies as Mine Development and Construction Work

Louis Watum Clarifies the Definition of Development and Construction Works in the DRC Mining Sector On September 8, 2025, the Minister of Mines, Louis Watum Kabamba, signed a decree specifying the types of activities considered as “development and construction works” under mining exploitation rights and permanent quarry operation permits in the Democratic Republic of Congo. Until now, the Mining Code and its Regulations required mining and quarry rights holders to prove the start of operations within specific time limits — one year for exploration permits and one to three years… Read More Here
Kasomeno-Mwenda Toll Road Set to Transform DRC-Zambia Trade Corridor 28 Transport and Logistics Mining in DRC Mining in Zambia 

Kasomeno-Mwenda Toll Road Set to Transform DRC-Zambia Trade Corridor

Kasomeno-Mwenda Toll Road Project in DRC and Zambia to Boost Trade, Cut Travel Time, and Create Jobs The Kasomeno-Mwenda Toll Road is a landmark infrastructure project connecting the Democratic Republic of Congo (DRC) and Zambia, designed to enhance regional trade, transportation efficiency, and economic development. The project encompasses the construction of 184 kilometers of modernized highway—split evenly between Zambia (92 km) and the DRC (92 km)—a 362-meter cable-stayed bridge over the Luapula River, and a one-stop border post (OSBP) with associated facilities. Structured as a Public-Private Partnership (PPP), the project… Read More Here
Two Killed in Ituri Landslide at “Jerusalem” Artisanal Gold Mine 29 Mining in DRC Artisanal mining Mining safety 

Two Killed in Ituri Landslide at “Jerusalem” Artisanal Gold Mine

Two Dead, Two Injured in Landslide at Ituri Artisanal Gold Mine Amid Heavy Rains Two people have died following a landslide that struck the “Jerusalem” artisanal mining site near Lwemba, in Ituri province, late Sunday night. The tragedy adds to a growing number of fatal incidents linked to unstable terrain in eastern Congo’s informal mining zones. According to Peresi Mamboro, a local civil society leader, the accident was triggered by intense rainfall that has battered the region in recent days. “Two people were killed in this landslide, while two others… Read More Here
FQM Denies Claims of Stalled Progress at La Granja Copper Project in Peru 30 International Corporate News 

FQM Denies Claims of Stalled Progress at La Granja Copper Project in Peru

First Quantum Refutes Reports of Public Opposition, Confirms Steady Progress at Peru’s La Granja Copper Project First Quantum Minerals Ltd. (TSX: FM) has rejected recent claims suggesting its La Granja copper project in northern Peru is paralyzed by public opposition, describing the allegations as outdated, misleading, and inconsistent with current realities on the ground. The company’s statement came in response to a report by GEM Mining Consulting, which alleged that the project remains “blocked by public distrust.” First Quantum countered that La Granja is advancing decisively and transparently, under stringent… Read More Here

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