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Okavango Diamond Company Expands Contract Sales to Stabilise Revenues 21 Diamond International 

Okavango Diamond Company Expands Contract Sales to Stabilise Revenues

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Botswana’s Okavango Diamond Company Targets 50% Contract Sales to Navigate Weak Diamond Market Botswana’s state-owned Okavango Diamond Company (ODC) plans to increase the proportion of rough diamonds sold through long-term contracts in response to a depressed global diamond market, Acting Managing Director Lipalese Makepe said on Wednesday. Contract sales offer greater predictability than auctions and tenders, which are highly competitive and can result in price volatility. The shift comes amid surplus supply, weakening consumer demand and the growing popularity of lab grown diamonds, all of which have pressured rough diamond… Read More Here
Zambia Showcases Economic Recovery and Reform Agenda at 2026 Mining Indaba 22 Mining in Zambia Economy Events & Expos 

Zambia Showcases Economic Recovery and Reform Agenda at 2026 Mining Indaba

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Zambia Highlights IMF Programme Success, $12bn Mining Investment and Copper Growth at 2026 Mining Indaba Situmbeko Musokotwane, Zambia’s Minister of Finance and National Planning, described President Hakainde Hichilema’s address at the 2026 Investing in African Mining Indaba as a strong endorsement of the country’s economic recovery and a clear roadmap for partnership-led growth. In a fiscal and macroeconomic assessment of the President’s speech, Dr Musokotwane said the address delivered shortly after Zambia concluded its International Monetary Fund Extended Credit Facility (ECF) Programme in January 2026 underscored the importance of macroeconomic… Read More Here
CEC Urges $12bn Energy Investment to Power Zambia’s 3 Million Tonnes Copper Production Goal 23 Copper Economy Events & Expos 

CEC Urges $12bn Energy Investment to Power Zambia’s 3 Million Tonnes Copper Production Goal

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Zambia Needs $12 Billion in Power Investment to Achieve 3 Million Tonnes Copper Target, Says CEC Copperbelt Energy Corporation Plc (CEC) Managing Director Owen Silavwe has called for accelerated private-sector investment in Zambia’s power sector, warning that expanded energy infrastructure is essential to achieving the country’s target of producing three million metric tonnes of copper annually by 2031. Speaking at the Zambia Country Showcase during the Investing in African Mining Indaba in Cape Town, Silavwe commended the government’s reform agenda, noting that recent policy measures in the mining and energy… Read More Here
Africa Urged to Harness $29.5 Trillion in Mineral Wealth for Industrial Growth 24 International 

Africa Urged to Harness $29.5 Trillion in Mineral Wealth for Industrial Growth

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Africa Holds $29.5 Trillion in Minerals but Must Boost Processing and Infrastructure to Capture Value Africa holds an estimated US$29.5 trillion in mine-site mineral value, representing roughly 20% of global mineral wealth, yet the continent captures only a small fraction of the economic benefits, according to a new study by the Africa Finance Corporation (AFC). The report, launched at the Mining Indaba in Cape Town, reveals that US$8.6 trillion of this value remains untapped due to limited geological data, uneven exploration, and transparency gaps that heighten investment risk. AFC emphasizes… Read More Here
Puma Energy Partners with Hass Petroleum to Launch Lubricants in DRC 25 Mining in DRC Events & Expos Oil & Gas Partnership 

Puma Energy Partners with Hass Petroleum to Launch Lubricants in DRC

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Puma Energy Teams Up with Hass Petroleum to Introduce Premium Lubricants in DRC Puma Energy and Hass Petroleum have announced a strategic partnership to distribute Puma Energy’s lubricants across the Democratic Republic of Congo (DRC). The agreement was finalized during the Investing in African Mining Indaba conference in Cape Town. The collaboration marks the debut of the Puma Energy lubricants brand in the DRC. Under the partnership, Hass Petroleum will handle the distribution and marketing of high-performance lubricants, supporting critical sectors including mining and industrial operations in one of Africa’s… Read More Here
Lobito Atlantic Railway Launches First Ethical Copper and Cobalt Shipment from DRC to Global Markets 26 Mining in DRC Battery Metals Cobalt Transport and Logistics 

Lobito Atlantic Railway Launches First Ethical Copper and Cobalt Shipment from DRC to Global Markets

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Lobito Atlantic Railway Facilitates First Copper and Cobalt Shipment from DRC to Global Markets In a landmark milestone for the Lobito Atlantic Railway (LAR), Entreprise Générale du Cobalt (EGC) and Trafigura announced the first delivery of copper and cobalt along the corridor linking the Democratic Republic of Congo (DRC) to Angola’s deep-water port of Lobito. EGC, a state-owned entity responsible for purchasing cobalt from artisanal producers in the DRC, has partnered with Trafigura, which markets EGC-supplied cobalt globally. EGC CEO Eric Kalala highlighted that using the LAR demonstrates that ethical,… Read More Here
Zambia Suspends Mopani Copper Mines’ Mufulira Operations Over Safety Lapses 27 Mining in Zambia Copper Mine Safety 

Zambia Suspends Mopani Copper Mines’ Mufulira Operations Over Safety Lapses

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Zambia Halts Mufulira Mine Operations at Mopani Copper Mines After Safety Violations Zambia’s mining regulator has suspended operations at Mopani Copper Mines’ Mufulira mine after the company failed to account for all personnel working underground, the Minerals Regulation Commission said in a statement on Friday. The suspension follows a series of recent accidents at Mopani’s facilities and stems from non-compliance with safety regulations that require mines to maintain accurate records of all underground workers at any given time. “Operations will remain suspended until the mine rectifies all deficiencies identified in… Read More Here
Fatal Incident at SimFer Project Halts Operations in Guinea 28 International Corporate News News in Brief Safety & Health 

Fatal Incident at SimFer Project Halts Operations in Guinea

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Contractor Fatality at Rio Tinto’s SimFer Iron Ore Project Suspends Operations in Guinea A contract worker died on Saturday following an incident at the SimFer iron ore project in Nzérékoré, Guinea, according to a statement issued by Rio Tinto. The company did not disclose specific details regarding the circumstances of the incident. All operations at the SimFer site have been suspended pending further review. The temporary shutdown is intended to ensure site safety and support the ongoing investigation. Rio Tinto confirmed that an internal investigation is underway to determine the… Read More Here
Mali Renews Barrick’s Loulo-Gounkoto Gold Mining Permit for 10 Years After Resolving Dispute 29 International Corporate News Gold 

Mali Renews Barrick’s Loulo-Gounkoto Gold Mining Permit for 10 Years After Resolving Dispute

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Mali Extends Barrick’s Loulo-Gounkoto Gold Mining Permit by 10 Years Following Settlement Agreement Mali’s government has approved a draft decree to renew the gold mining permit for the Loulo-Gounkoto complex, operated by Barrick Gold, for an additional 10 years. The announcement was made in an official statement issued Friday by the country’s military leadership. Mali, one of Africa’s largest gold producers, finalized a settlement with Barrick in November after nearly two years of negotiations. The dispute stemmed from Mali’s 2023 mining code reforms, which increased taxes and expanded the state’s… Read More Here
Kansanshi Awards US$35.25 Million Transport Contracts to Zambian Firms, Boosting Local Content and Jobs 30 Mining in Zambia Copper Corporate News Sponsored Content 

Kansanshi Awards US$35.25 Million Transport Contracts to Zambian Firms, Boosting Local Content and Jobs

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Kansanshi Mining PLC has awarded employee transportation service contracts worth a combined US$35.25 million to four Zambian-owned companies, Quattro, Inzu, Temas, and Intertrek, in a move that underlines the mine’s commitment to strengthening local participation in Zambia’s mining value chain and creating sustainable economic opportunities in North-Western Province. The contracts, which will run for three years from 1 February 2026 to 31 January 2029, replace the previous one-year arrangements and provide contractors with greater operational certainty, long-term planning confidence, and improved access to investment opportunities. According to Kansanshi Mining PLC,… Read More Here

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