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DRC and Hydro-Link Sign $1.5 Billion Deal to Power Mining Belt with Angolan Hydropower 21 Mining in DRC Cobalt Copper Hydro power plant 

DRC and Hydro-Link Sign $1.5 Billion Deal to Power Mining Belt with Angolan Hydropower

Constance
DRC Partners with Hydro-Link in $1.5 Billion Project to Supply 1,200MW of Clean Energy to Copper and Cobalt Mines The Democratic Republic of Congo (DRC) has signed a $1.5 billion preliminary agreement with Hydro-Link, a unit of Symbion Power, to construct a major 1,160-kilometer (720-mile) electricity transmission line connecting Angola’s hydropower plants to Congo’s key copper and cobalt mining region. Once complete, the project will deliver up to 1,200 megawatts (MW) of clean, renewable energy to the DRC’s mining heartland—helping reduce reliance on costly and polluting diesel generators that many… Read More Here
DRC Calls for “Gold Kimberley Process” to Curb Illicit Mineral Trade in Conflict Zones 22 Mining in DRC Gold 

DRC Calls for “Gold Kimberley Process” to Curb Illicit Mineral Trade in Conflict Zones

Constance
DRC Urges UN to Establish Global “Kimberley Process” for Gold to Stop Funding of Armed Groups Speaking before the United Nations Security Council on Monday, Zénon Mukongo Ngay, Permanent Representative of the Democratic Republic of Congo (DRC) to the UN, called for the creation of a global certification mechanism—similar to the Kimberley Process for diamonds—to regulate the trade of gold and minerals from conflict zones. “My government reiterates its request for the establishment of a mechanism similar to the Kimberley Process to manage gold from conflict zones, in order to… Read More Here
Maamba Energy to Expand Power Generation to 700MW by 2026 23 Mining in Zambia Energy 

Maamba Energy to Expand Power Generation to 700MW by 2026

Constance
Maamba Energy Announces $700MW Expansion Plan to Power Zambia’s Economic Transformation by 2026 Maamba Energy Limited (MEL), one of Zambia’s leading energy producers, has announced an ambitious plan to expand its power generation capacity to 700 megawatts (MW) by 2026. The announcement, made during the Southern Province Investment Forum and Exposition 2025, underscores the company’s commitment to supporting Zambia’s investment-led socio-economic transformation. Speaking at the event, Maamba Energy Chief Executive Officer, Colonel Cyrus Minwalla (Retired), reaffirmed the company’s mission to drive national development through sustainable energy. “Every megawatt we generate… Read More Here
Zambia’s Kwacha Surges to 2025 Highs as Copper Boom Fuels Investor Confidence 24 Mining in Zambia Copper Economy 

Zambia’s Kwacha Surges to 2025 Highs as Copper Boom Fuels Investor Confidence

Constance
Zambian Kwacha Becomes Africa’s Best-Performing Currency in 2025 Amid Copper Price Rally The Zambian kwacha continued its impressive rally on Thursday, gaining more than 3% against the U.S. dollar—its strongest single-day advance in months. The currency has now appreciated over 21% since the start of the year, earning the distinction of being Africa’s best-performing currency in 2025. This sharp ascent reflects a resurgence of investor confidence in Zambia’s economy, powered primarily by robust fundamentals in the copper sector and steady progress in macroeconomic management. Key Drivers of the Kwacha’s Strength… Read More Here
Feriel Zerouki to Step Down as De Beers Chief Trade and Industry Officer 25 International Corporate News Diamond 

Feriel Zerouki to Step Down as De Beers Chief Trade and Industry Officer

Constance
De Beers Executive Feriel Zerouki Resigns After Two Decades, Leaving Legacy of Ethics and Transparency in Diamond Industry Feriel Zerouki will step down as De Beers Group’s Chief Trade and Industry Officer and member of the executive committee at the end of October, the diamond company announced. Zerouki joined De Beers in 2005 and has played a central role in shaping the miner’s leadership in ethics, provenance, and industry integrity over her nearly two decades with the group. During her tenure, she spearheaded the launch of Tracr and GemFair, two… Read More Here
DRC, Angola, Zambia, and EU Forge Strategic Alliance to Accelerate Lobito Corridor Development 26 Mining in Zambia Mining in DRC Transport and Logistics 

DRC, Angola, Zambia, and EU Forge Strategic Alliance to Accelerate Lobito Corridor Development

Constance
DRC, Angola, Zambia, and European Union Partner to Boost Trade, Infrastructure, and Mining Value Chains Through Lobito Corridor On the sidelines of the Global Gateway Forum, the Democratic Republic of the Congo (DRC), Angola, and Zambia signed a landmark cooperation agreement with the European Union (EU) to accelerate the integrated development of the Lobito Corridor—a key initiative aimed at enhancing trade, transport infrastructure, and industrial competitiveness across Central Africa. The partnership was officially announced by Julien Paluku Kahongya, DRC’s Minister of Foreign Trade, following a signing ceremony attended by Josef… Read More Here
Surging Copper Prices Position DRC and Zambia for Major Revenue Growth Amid Global Supply Crunch 27 Mining in DRC Copper Economy Mining in Zambia 

Surging Copper Prices Position DRC and Zambia for Major Revenue Growth Amid Global Supply Crunch

Constance
Copper Prices Hit 17-Month High, Boosting Economic Prospects for DRC and Zambia Global copper prices have soared to their highest levels in 17 months, creating new economic opportunities for Africa’s top producers—the Democratic Republic of the Congo (DRC) and Zambia. As global supply disruptions and speculative investment fuel a rally in the red metal, both nations are poised to benefit from a surge in export revenues and renewed investor confidence. Copper prices climbed by 3.45% on October 13, 2025, reaching $10,775 per metric ton, the highest level since May 2024.… Read More Here
FQM Sets Ambitious Goal for Zambia’s Copper Production by 2032 49 Mining in Zambia Copper Corporate News Economy Events & Expos 

FQM Sets Ambitious Goal for Zambia’s Copper Production by 2032

Constance
Zambia’s Copper Industry Targets 3 Million Tonnes by 2032 with Focus on Sustainability and Community Development First Quantum Minerals (FQM) has unveiled an ambitious vision for Zambia’s mining sector: achieving three million tonnes of copper annually by 2032. Speaking at the Zambia Mining and Investment Insaka (ZAMII) 2025, FQM Country Director Anthony Mukutuma stressed that this goal requires a combination of strategic planning, sustainable practices, and community engagement to ensure lasting benefits for the country. Held under the theme “Unlocking Africa’s Wealth: Advancing Sustainable Mining, Beneficiation & Value Addition,” the… Read More Here
Zambia Backs AfDB President’s Vision for Strengthened African Financial Architecture 50 Mining in Zambia Economy 

Zambia Backs AfDB President’s Vision for Strengthened African Financial Architecture

Constance
Zambia Supports AfDB Initiative to Boost Africa’s Economic Sovereignty and Infrastructure Development Zambia has reaffirmed its strong support for African Development Bank (AfDB) Group President Dr. Sidi Ould Tah’s initiative to establish a robust African financial architecture designed to enhance the continent’s economic sovereignty. President Hakainde Hichilema expressed this backing during discussions with Dr. Ould Tah at State House, Lusaka, on 9 October 2025, following Zambia’s successful hosting of the third meeting of the 17th African Development Fund replenishment cycle (ADF-17). The talks highlighted Zambia’s strategic partnership with the AfDB… Read More Here

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